You can still take advantage of today’s interest rates to lend, rates are low to finance your business, car or home. Lucky for us, clients and potential clients who do contact us are concerned about their financial landscape that needs trimming; we work together on correcting credit and reducing their debt. For example: Our past client recently contacted us about improving his credit scores; he currently has a 680 mid credit score, and was declined for an equipment loan for his business. The lender required a 700 mid score, and was not interested in funding him with credit scores less than the 700(s); which resulted to no new dump trucks for his business. So now what? The client needed a slight tweak on his credit, it only took 30 days to complete the restoration process. Later, he successfully completed his equipment financing loan
Distressed Debt and Starting Over
Charge offs, collections, foreclosures, judgments, short sales and tax liens are considered distressed debt. If you have overwhelming debt that you are unable to settle, I highly recommend filing a Chapter 7 or Chapter 13. Most of my clients who are referred to me have reserves to settle and pay off their distressed debt, it is incorporated with the business credit and personal credit restoration process that is offered during your free thorough credit analysis. . I have recommended bankruptcy only to a few people who cannot afford to pay back their distressed debt, it’s an option to start over with your credit. For example: A client lost her job and was in a law suit with her ex husband, the ex husband wanted additional equity in the house and forced my client to sell the home. After the court favored her ex-spouse’s order, my client had little monies to pay off her credit cards and lines of credit, she had no choice but to file a Chapter 7 bankruptcy. My client successfully rebuilt her credit after bankruptcy, she purchased a new car and has one new credit card, this is a great start for someone who filed bankruptcy less than one year.
Maintain Your Credit in Tip-Top Shape 
Don’t give up on your credit; focus on repairing your credit; it is your tangible asset for life! Even if you had a setback, make it temporary and get right back on track. Get to the finish line, restore your credit and reduce your debt. There are proactive options that are in store for you, which can assist you with your debt, make sure to just ask .
For more information on how we can help you with personal credit repair and business credit repair in West Palm Beach and Palm Beach Gardens, please fill out the online contact form about your concerns or give us a call at 855.477-9007 . Read what our valued clients have to say about First Pro Capital on our Testimonials page.
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