Apply For a MortgageGet help rebuilding your credit history
It’s no secret that your credit score and history impact your ability to get a credit card, enter a cellphone contract, finance a car or even buy a home.
Life events like bankruptcy or a consumer proposal happen, and it’s important to know that you can rebuild your credit history and achieve your financial goals, especially with our credit repair services. Understanding the credit bureaus and what’s on your credit report is essential.
How we can help
Ross Taylor is passionate about the credit repair industry and has helped hundreds of clients.
- You’ll get a customized personal finance plan and one-to-one assistance to correct reporting errors and boost your credit score.
- We work with the credit bureaus to help eliminate reporting inaccuracies and negative information that may be dragging down your personal credit score.
- When creditors review your file, you’ll be positioned in the best possible light.
- We’ll provide tips for optimizing your score.
- You’ll get a credit score BOOST! We will tell you upfront what you can expect.
We have seen credit rating increases from 60 to 190 points in less than a week!
Credit Repair Packages
| What to Expect | Equifax Canada $495 | Trans Union Canada $395 | Both Credit Bureaus $795 |
|---|---|---|---|
| A detailed review of all related documents |  | | |
| A copy of your credit report | | | |
| Access to a secure portal to store your personal documents | | | |
| Score improvement assessment & options | | | |
| Preparation of a package to send to Trans Union |  | | |
| Telephone and email support | | | |
| One-year follow-up consultation | | | |
| We will become your authorized representatives in dealing with Equifax | | | |
| Insights into your credit score increase potential | | | |
| A BOOST to your personal credit score | | | |
| Guaranteed FAST result | | | |
| Need more info? Book your free consultation today | REACH OUT | REACH OUT | REACH OUT |
What are creditors looking for when deciding to lend you money?
- A responsible approach and history towards managing multiple credit facilities.
- On-time monthly payment obligations, no missed payments.
- A history of managing significant credit limits without “going on tilt.”
- History of holding various credit products – credit cards, student loans, mortgages, cell phones, leases, etc.
Why does your credit history matter?
Your credit score tells lenders what type of borrower you are and how you handle your money. It shows trustworthiness with debt and credit and a reduced risk of instances like foreclosure, repossessions, and other concerns the lender may have.
You can get FREE credit reports from Equifax Canada by subscribing here. It is free for 30 days, followed by a monthly fee.
We are really pleased you found us while searching for assistance with credit repair. Our partners at Trust Analytica do a terrific job showcasing our talents in their directories.
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Credit Repair Frequently Asked Questions
Struggling with credit can feel overwhelming, but you’re not alone. Whether you’re battling high balances, unsure about closing old accounts or trying to decode credit score mysteries, we’ve got you covered.
In this FAQ, we tackle the most common credit challenges people face and provide actionable solutions to help you take control of your financial future.
Let’s clear up the confusion and put you on the path to a stronger credit score today!
What happens if I max out my credit cards?
Maxing out your cards puts you at risk of exceeding limits due to interest or penalties, leading to a spiral of bad debt. Staying below 30% of your limit on each card is ideal to protect your score and keep your finances in check.
Should I accept credit limit increases?
Absolutely! Higher limits improve your credit utilization ratio, a key factor in your credit score. Plus, they signal financial stability to lenders, giving your profile an instant boost. Just be cautious if a higher limit might lead to overspending.
Why does it matter how I spread my credit card balances?
Distributing balances across multiple cards instead of maxing out one can benefit your score, particularly if it keeps your utilization low on each card. However, it’s best to pay off balances in full monthly to maintain optimal credit health.
What’s wrong with only using one credit card?
Using only one card won’t necessarily hurt your score, but it’s a good idea to use other accounts occasionally to keep them active. This helps prevent issuers from closing inactive cards, which can impact your available credit and credit score. Use all your credit lines occasionally to keep them active and in good standing.
Why shouldn’t I cancel old credit cards I don’t use?
Closing older accounts can shorten your credit history, a key factor in your score. If the card has a high annual fee and you don’t use it, ask to downgrade to a no-fee version instead to keep the account open without the cost.
Is it bad to only pay my credit card bill once a month?
Making payments more frequently can reduce your balance faster, potentially lowering your credit utilization. However, you won’t incur interest if you pay your full statement balance by the due date each month.
What should I do if there’s a charge on my statement I don’t recognize?
You’re usually not required to pay disputed charges immediately. Instead, notify your card issuer to initiate a dispute. Most issuers will reverse the charge temporarily while investigating, so you can avoid interest on that amount.
Do I need to use every credit card I own?
Yes! Inactive cards stop contributing to your credit score. Regular use ensures they remain active, helping you maintain a robust credit profile.
How do errors on my credit report affect me?
Errors, especially missed payments or collections, can hurt your score. Regularly reviewing your report and disputing inaccuracies can have a significant positive impact on your credit health. Always address debts before they go to collections to avoid long-term damage.
Ross Taylor Mortgages
We provide award-winning mortgage services across Canada. In addition to our Toronto office, we service Ontario cities and towns – Mississauga, Richmond Hill Markham, Vaughan, York Region, and the rest of the GTA. If you want great service from someone you can trust – reach out to us today.
Get quick answers to your questions, no matter how difficult – 7 days a week.