Applying for a new utility company, like Progress Energy Florida, usually means you'll have your credit checked. A personal credit check almost always turns into a hard-inquiry on your report, which can (and usually will) lower your score by up to 10 points... per hard-inquiry!
Utility companies need to see a strong, reliable credit history; which means they'll pull your report to identify your risk (to them).
If your credit isn't fantastic, you risk paying a higher deposit when you sign up to Progress Energy Florida. The worst part? The deposit amount difference between someone with poor vs. great credit can mean thousands of dollars.
The good news? One of the best things you can do before you apply to Progress Energy Florida is:
- Confirm your credit score
- Review your credit report (ideally, with a Credit Specialist)
- Remove any inaccurate, negative items from your report (either by yourself, which usually takes longer, or with a Credit Repair company, like Credit Glory)
Option #3 is usually the most hassle-free way to ensure you get your best deposit rate (with Progress Energy Florida)
Review Your Credit Score & Get Favorable Deposit Terms w/ Progress Energy Florida, Now!
Call Credit Glory, today, and speak with a live, friendly Credit Specialist! We'll walk you through your Credit Report, identify inaccurate, negative items, and brainstorm how we can fix your credit score & ensure you get your best deposit terms with Progress Energy Florida!