Frequently Asked Questions About Credit Repair

700 Credito helps consumers review their credit reports, address inaccurate or unverifiable reporting, and prepare their credit profile for goals like buying a home, financing a car or applying for credit.

We are a credit services company based in Los Angeles, not a lender. We work in English and Spanish, by appointment.

Start by requesting a free credit analysis. We review your situation and goals, explain what we see and outline possible next steps.

There is no obligation to enroll after the analysis.

We mainly help Los Angeles-area consumers, future homebuyers and ITIN holders who want to understand and strengthen their credit before a major financial decision.

Business funding preparation is a secondary service for owners whose personal credit affects their business plans.

Credit repair is the process of reviewing your credit reports and challenging information that appears inaccurate, incomplete or unverifiable.

It does not erase accurate history. Its purpose is to help your reports reflect correct information.

We review your reports from the credit bureaus, identify items that may be inaccurate or unverifiable, and help you dispute them with the bureaus or the companies reporting them.

Bureaus generally investigate disputes and respond with results. We then review the updates and plan the next step.

There is no fixed timeline. It depends on what is on your reports, how bureaus and creditors respond, and the steps you take along the way.

Bureau investigations commonly take around 30 days per round, and many profiles need more than one round. We do not promise a specific timeline.

Generally, no. Accurate and verifiable information can stay on your report for the period allowed by law, often up to seven years for most negative items.

What we can do is challenge reporting that is inaccurate or unverifiable and help you build positive history going forward.

No. No honest credit services company can guarantee deletions, a specific score, or approval for any loan or card.

Results depend on your individual reporting, bureau and creditor responses, and lender criteria.

Yes. You have the right to dispute inaccurate information directly with the credit bureaus for free.

Some people choose professional help for organization, strategy and follow-up, but it is not required.

Credit optimization means improving how your overall profile looks to lenders, beyond disputing errors.

It can include managing utilization, payment habits, the mix and age of accounts, and timing new applications around your goal.

Credit repair focuses on correcting inaccurate reporting. Optimization focuses on strengthening the accurate parts of your profile.

Most people benefit from both: correct what is wrong, then build and prepare for a specific goal.

Approval-Ready describes being prepared: understanding your credit, correcting what you can and presenting the strongest profile possible before you apply.

It is not a guarantee of approval. Lenders make their own decisions.

No. Checking your own credit is a soft inquiry and does not affect your score.

Hard inquiries happen when a lender reviews your credit for an application, and those can have a small, temporary effect.

A credit report is the record of your accounts, payments and inquiries. A credit score is a number calculated from that report.

Different scoring models and lenders can produce different scores from the same report.

Common issues include incorrect personal information, accounts that are not yours, wrong balances or dates, duplicate collections and late payments reported in error.

Our topic guides explain what to review for each type of item.

Review your credit reports several months ahead, correct inaccurate items, keep payments on time and avoid opening new accounts right before you apply.

Lenders also look at income, debts, savings and program requirements, so talk with a mortgage professional about those.

Ideally six to twelve months before you plan to apply, so there is time to address reporting issues and build positive history.

Even with less time, a review can help you understand where you stand.

No. Mortgage approval is decided by lenders through underwriting, which considers credit, income, debts, assets and program rules.

Our role is to help you prepare your credit before you apply.

Review your reports, correct inaccurate items, lower revolving balances where possible and avoid several unrelated applications in a short period.

Auto lenders set their own terms, and rates depend on your full profile and the lender.

An accurate repossession can remain on your report for up to seven years, but the related details, like balances and dates, should be reported correctly.

We can review how it is reported and help you dispute inaccurate details.

Yes, in many cases. Some banks, credit unions and card issuers accept ITINs for accounts that report to the credit bureaus, which can help you build an ITIN-based credit profile.

Acceptance varies by provider, so it helps to confirm reporting and requirements before applying.

Yes. ITIN holders have the same right to dispute inaccurate information on their credit reports.

We provide credit repair for ITIN holders and guidance on strengthening an ITIN-based profile. We do not change, replace or alter your ITIN.

Some lenders and programs work with eligible ITIN borrowers, but not every lender offers ITIN mortgages.

Requirements such as down payment, documentation and credit history vary. A lender decides eligibility; we help you prepare your credit.

Some auto lenders and credit unions finance eligible ITIN borrowers. Terms depend on the lender, your credit history and documentation.

An ITIN alone does not guarantee financing.

If you later receive an SSN, you can ask the bureaus and your creditors to update your records. The process varies, so contact each one directly.

Never use a number that is not legally yours; doing so is illegal and is not something we assist with.

Issuers typically consider payment history, utilization, recent inquiries, income, existing debt and the age of your accounts.

Each issuer has its own criteria, so approval is never guaranteed.

Utilization is how much of your available revolving credit you are using, shown as a percentage.

Lower reported balances relative to your limits generally look better to lenders.

We review the personal credit that many lenders consider for small-business applications and help you prepare it before you seek funding.

We do not lend money or guarantee funding; lenders set their own terms.

Often, yes. Many lenders review the owner's personal credit, especially for newer businesses or personal guarantees.

Requirements vary by lender and product.

We look at your full profile: personal information, payment history, collections, charge-offs, inquiries, utilization, account mix and any public-record or eviction-related reporting.

The goal is to understand what may be helping or hurting your profile, not just the negative items.

We talk about your goal, review your credit situation with you, explain what we find in plain language and outline possible next steps.

You decide afterward whether to work with us.

Consultations are by appointment. Book a time online and we confirm the details with you.

We offer consultations in English and Spanish.

Yes. The initial credit analysis is free and there is no obligation to enroll.

If you choose to move forward, service pricing is explained clearly before you sign anything.

Under the federal Credit Repair Organizations Act, credit repair companies cannot charge for services before those services are fully performed.

You also have the right to cancel a credit repair contract within three business days of signing it.

Have recent credit reports available if you can, plus any letters, statements or records related to items you believe are wrong.

Our preparation guide helps you organize your goals, report information and questions.

700 Credito is based in Los Angeles, and services are provided by appointment. Our address is 1001 Wilshire Boulevard #1600, Los Angeles, CA 90017.

No. 700 Credito is a credit services and education company. We do not make loans, issue cards or set interest rates.

Yes. We work with clients in English and Spanish, from the first analysis through ongoing support.