When Thomas was connected to CredEvolv through his mortgage loan originator, he was what we call “credit invisible.” He suffered from old derogatory information on his credit report and was unable to generate a score with any of the credit bureaus.
That meant he essentially had to build his credit from scratch.
Working with a partnered credit coach through the CredEvolv platform, Thomas was able to improve his credit score by a whopping 407 points – from 400 to 807 – surpassing his original goal by 107 points. And he did it in only 5 1/2 months!
To go from the lowest credit band to the highest within half a year is a momentous achievement. While we recognize this result isn’t representative of most people who work on their credit with a credit coach, it does show what’s possible with a little work, a little effort, and some time well spent.
Thomas can now enjoy the rewards of being able to qualify for the most favorable interest rates and loan terms when he needs financing. And he knows he can always reach back out to a credit coach, should he need our services in the future.
You too can reach out to us anytime for help with your credit. Connect with a nonprofit credit counselor today and become loan-ready in no time!