Don't Miss a FREE Consultation: 361-209-0709
my credit score

Credit Repair Houston

Don't Miss a free consultation!

from the best credit repair company in Houston!

Texas’ most populous city, Houston, might not be having the best of time these days when it comes to its economy. The oil bust in 2016 and Hurricane Harvey’s devastation in 2017 have hit Houston’s economy hard. Harvey was so powerful it inflicted a loss of $125 billion to just the metropolitan area of Houston.

What made matters worse for the people living in the region was that it was not the hurricane per se but the resulting floods that caused the devastation. Why flooding devastation is worse is because most of the damage it does is not covered by insurance policies.

Getting back to normal life has not been easy for Houston residents. Flood insurance for homes in Harris County is only at 15%, which means households will receive a huge blow to their finances as they try to recover from the damages.

According to reports in 2017, housing issues are among the worst in Houston as only 18 units are available to every 100 people in the region. People are fighting a difficult battle in Houston to own their homes, meet monthly expenses, and live a debt-free life.

Get a Free Consultation

The struggle to get back to a normal life has its price. People will have to buy things that they already owned, and many will end up in hospitals due to the illnesses that spread as a result of flooding.

The lowering credit score could worsen it for Houston residents and that’s why it makes sense for them to hire credit professional credit repair companies as soon as possible to help them rebuild their credit scores.

it's about your credit

Understanding the Basics of Credit Repair/Score

Repairing your credit score means you want positive events to appear on your credit history and get rid of the negative ones. Your credit score is the quickest way of getting to know what shape your credit history is in. If an institution wishes to know your credit history in detail, they review your credit report.

The institutions that do that often include banks, creditor and any other entities that forward loans. A credit history that’s in good shape makes it easy for you to get the loan you have applied for.

As mentioned earlier, credit score is the quickest way to know what your credit history is like. There is good score, bad score and average score wherein bad score means there are lots of negative events on your credit history and vice versa. Equifax, Experian and TransUnion are the three major credit bureaus that prepare your credit reports and can send them to you upon your request.

What Makes up Your Credit Score

It is crucial to know what makes up your credit score so you have an idea of what you must or must not do to affect it. The factors that make up your credit score of Houston Credit Repair residents include the following:

  • Payment history
  • Available credit
  • Credit history length
  • Credit type
  • Recent credit inquiries
The payment history tells the lenders how good or bad you have been in repaying the amounts you owed to companies. When you miss your bills or delay their payments, it affects your credit score negatively.

Credit utilization or available credit is the next most important component of your credit score. Just because you have credit available does not mean you have to use 100% of it. It is best to keep your credit utilization below the 30% mark.

Length of your credit history is an obvious component i.e. the more data creditors have available the better decision they can take. When it comes to the credit type, it is best to mix your installment and revolving accounts in good proportions.

Lastly, keep credit inquiries as low as possible. Too many inquiries in your credit history make up for a negative signal.

credit repair in Houston

Detailed View of Factors That Affect Your Credit Score

how credit scores work?

Payment HistoryResidents

A huge 35% chunk of your credit score is your payment history. Throughout your life, you might require different types of loans finance things such as mortgages, car loans, credit cards, etc.

When it comes to repaying those loans, you have to follow a strict schedule. You miss or delay any payments, and a negative event appears on your credit history that blotches it for seven years. A lender will look at this event and think that you are not a trustworthy person to forward the loan to. They might not forward you the loan or keep the stakes so high that you refuse to take out the loan.

Owed Amounts

The amounts you owe or the credit that is available to you makes up 30% of your credit score. Try to use only a small percentage of the credit that is available to you to keep this score positive. You can see that available credit and payment history make up for 65% of your credit score – that’s a lot!

Credit History Length

Creditors want you to have a long history. If your history is fresh, they don’t have much information to figure out how risky it is for their investments to forward you the loans. Credit history length is 15% of your credit score.

Diversity in Credit Types

You might have taken out a loan for your car and paid it out in full without any delayed payments. However, creditors like to see that you have dealt with different types of loans e.g. students loans, mortgages, credit cards, etc. The more diversified your credit types are the higher you will score. Credit types make up for 10% of your credit score.

Recent Credit Accounts

While you should build a positive credit history, a sudden surge of credit inquiries and new credit accounts might point to a negative event too. That’s 10% of your credit score.

Impact Of Credit Scores On Financial Products

houston credit repair

Your credit score can impact any credit-related financial products to a large extent.

In fact for loans, mortgages, credit cards and any other transaction in which lending is involved, your credit score will be considered a threshold that determines whether you get the funds or not.

Houston Credit Repair residents, please read this: if your credit score lies below 630 you will not be cleared for any funds, you may have to go the credit repair route for this.

What's Affects Your Credit Score?

Your credit score is not just determined by how much you have paid back or failed to pay, there are other components that also affect this rating. Your credit score will consist of the following components.

credit cards

History of Payments

Burden of Debt

Length of Credit

Credit Type

Latest Credit Searches

The Top Credit Misconceptions

Credit Score Takes Time to Go Down

You might think you have to make a lot of mistakes before there is a significant effect on your credit score but you are completely wrong. Your credit score can take a hit within a few months.

High Income Means High Credit Score

Your income does not have any impact on your credit score. It’s not about how much money you make but more about how well you manage the money. A person who makes only $3000 a month can have a better credit score than a person making $10,000 every month by managing their finances well.

Debit Cards Can Improve Credit Score

In simple words, it is your credit score, not debit score. Any prepaid and debit cards you take out will have no effect on your credit history.

It Is Best to Repair Credit on Your Own

Yes, credit repair companies charge you for their services, but keep in mind that their services are invaluable. A lot of the things your credit repair company will do can be done on your own but who will tell you what you have to do? You don’t want to go on a “hit and a miss” spree with your credit score. A professional repair company can do things within days that you will complete in months. They save you time and can look into things that you might not be aware of. Houston Credit Repair company can help you today!

How To Keep A Good Credit Score?


Lexington Law Credit Repair will help all of those who are looking for a credit repair company.

Despite your financial expertise, credit repair is best left to a company with years of experience. One of your options, is to work with the trusted leaders in credit repair, Lexington Law Firm.

Lexington Law will evaluate your credit reports and customize a plan that is unique to your situation. They will also communicate to creditors and all three credit bureaus on your behalf. Past customers of Lexington Law have seen an average of a 40-point score improvement in the first four months of being on their service.

how does credit repair work

This is what you can expect

  • Work to improve your credit reports
  • Receive a free summary report and credit score
  • Talk with a credit consultant about your reports
  • Access online dashboard with updates

Lexington Law Firm’s Stories

review of us

You were very professional and willing to help with my situation. Lexington Law does not pass judgement and I can hear the care and concern of my situation. Sympathetic Joshua B

our review

Results on solving my issues have been excellent. The Customer Support has been overwhelmingly fantastic! Choosing Lexington Law has been by far the best choice I could have made, I look forward to our continued success in repairing my credit.Gail L


Results have been fantastic! In such a short amount of time, I am so impressed with Lexington Law, I would recommend it any and everyone. We are hoping to have the credit to purchase a home this time next year. The client dashboard rocks, so informative.Andrea P

Contact Us Today For Today

for a FREE Consultation

new credit score

You Will Be Able To

780 credit score
Work to improve your credit reports
780 credit score
Receive a free summary report and credit score
780 credit score
Talk with a credit consultant about your reports
780 credit score
Access online dashboard with updates