Can A Standby Letter Of Credit Help Your Score (& Is There An Easier Way To Boost It)?

Learn why a standby letter of credit can be a good idea, there's easier ways to boost your credit. Find out how raising it is easier when you work w/a pro.

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162 people called & spoke with a live credit specialist to review their credit report (in the last 60 minutes!).

If your credit needs help and you're looking to make a big purchase, a standby letter of credit is an option. It can help raise your score and improve your chances of getting future loans. An easier option? Improving your credit (& boosting your score) w/help from a pro like Credit Glory.

Can a standby letter of credit help improve my score?

If your credit needs help and you're looking to buy goods, a standby letter of credit is one option for boosting your credit. A standby letter or credit means a bank guarantees payment for goods to a seller. Because they prove you are good for the payment, standby letters of credit can boost your score & improve your chances on future loans.

Is there an easier way to fix your credit?

Yes, there is. While standby letters of credit can help your credit, they aren't always easy to get. Luckily, if your credit needs work, you can boost your score by disputing inaccurate items. While you can do it yourself, it takes a lot of time (& work). The easiest way to do it is by teaming up with a credit repair expert like Credit Glory.

Could your negative items (like debts) be reported inaccurately?

Unfortunately, the Federal Trade Commission (FTC) claims that 20% of all reports contain (at least) 1 error! The penalty for negative items is a damaged credit score, which can wreak havoc on your financial future. How can you protect yourself? Your best weapon to hold creditors accountable is a dispute. That's where a credit repair expert (like Credit Glory) can make the process super easy.

Can inaccurate items be removed from your credit report?

While you can't remove verified negative marks on your credit report, you still have options for protecting your credit.

  • Verify information - According to the FTC, 20% of the population has at least one error on their credit report. Inaccurate negative marks hurt your score. That's why it's essential to verify info on your report.
  • Dispute inaccuracies - Once you have found errors, you can dispute them. This means gathering evidence, writing a dispute letter to all 3 credit bureaus, & waiting.
  • Partner w/a credit repair expert - DIY credit repair is a hassle (& a headache). Finding and disputing mistakes is easier with help from an experienced credit repair company (like Credit Glory).

Bottom line (& why it matters for you)

While you can check your credit, look for errors, and dispute them yourself, it takes time (& hard work). Looking for an easier alternative (that's less hassle)? Consider working with a credit repair expert — like Credit Glory. They do the work for you, so you don't have to.

Why repair your credit w/Credit Glory vs DIY?

Removing inaccurate items (& other errors) helps improve your credit (& boost your score). DIY credit repair is a headache. Partnering w/Credit Glory is often a simpler alternative. Why?

  • Easier - Making a mistake disputing DIY costs you. Credit Glory helps you build a strong case for disputing tax liens (& boosting your score).
  • Saves you money - An unsuccessful dispute leaves you stuck with debt (& poor credit). Credit Glory helps you boost your score — which means saving money on loans (& interest rates).
  • Top-class customer support - Credit Glory has best-in-class customer service to answer questions and keep you updated. Credit Glory even offers an industry-leading 100% money-back guarantee (if no errors are removed in the first 90 days).

Start improving your credit w/help from Credit Glory

Disputing negative items on your credit report is hard work! It takes a lot of time, effort, organization, and follow up. The good news? Our team of credit repair professionals is here to simplify everything! Let your dedicated credit repair expert relieve you of the stress, hassle, and time needed to fight your inaccuracies and boost your credit score (FAST!)

Credit Glory is a credit repair company that empowers consumers with the opportunity and knowledge to reach their financial dreams in 2021 and beyond.

Call us at (855) 938-3044 or set up a consultation to get started, today!

Why choose Credit Glory?

Competitor 1
Competitor 2
Price
$99/m (+ small, one-time $199 review & setup fee charged once your letters are sent)
$90–$130/m ($130 most popular)
$79/m (+$79 review/setup fee)
Customer Service
Mon - Fri: 9AM - 8PM
Sat & Sun: 9AM - 5PM
5 days/wk (M-F), 7 A.M.–7 P.M.
5 days/wk (M-F) 9AM-5PM
Guarantee
Industry-leading 90-day, 100% money-back guarantee (if we remove no negative items)*
None
Money-back guarantee
Reputation
A+ BBB rating (4/5 stars)
No BBB rating (2/5 Stars)
C- rating w/BBB
*Less the initial setup fee
Accurate as of October 28th, 2020

Start Fixing Your Credit, Today!

Call and start your credit repair process, today! Don't let inaccurate items on your credit report hold you back.