Welcome to 1st Financial Service.
Repair Your Credit With The Experts
We help clients restore their credit, become exceptional money managers for everyday living, and invest in a lifestyle that last a lifetime.
we Fix Your Credit
We help clients restore their credit, become exceptional money managers for everyday living, and invest in a lifestyle that last a lifetime.
Collection Accounts
When an account becomes seriously past due, the creditor may decide to turn the account over to an internal collection department or to sell the debt to a collection agency. Once an account is sold to a collection agency, the collection account can then be reported as a separate account on your credit report.
Regardless of the reason, there are several consequences to making late payments, including: * Late payment fees. * Interest added to the delinquent payment. * Possible termination of service or default of the loan. * The late payment showing up on a credit report. Payments that are less than 30 days late often do not show up on someone’s credit report, unless they occur frequently
CREDIT REPORTS
Hard Inquiries
Hard inquiries can be harmful to a borrower’s credit score. Each hard inquiry usually causes a small credit score decrease for a borrower. Hard inquiries remain on one's credit report for two years. Generally, a high number of hard credit inquiries in a short period of time can be interpreted as an attempt to substantially expand available credit which creates higher risks for a lender