CreditStrongReviews of creditstrong.com

I had my Credit Strong account for ten months and during that time, I was able to secure multiple credit cards and an auto loan. Every time I spoke with a representative, they were kind and professional. My credit score is up 115 points!!

I’m sorry to see all the negative but I already see a difference in my credit score. I think the problem is people are paying monthly instead of yearly. Yes it is a big difference in the two

I have been a prior customer & just returned back by opening an installment account. I wanted to share information about installment loan accounts in relation to FICO or vantage scores. Utilization percentages on loans are not treated the same as paying down balances on credit cards. And three to six months of initial payments may only increase your score by 1-2 points. Let's start at the beginning. Even though a hard inquiry was not pulled, a new loan account with a high balance is being reported on the credit report with the three bureaus. When you open a new loan or any type of revolving account, your credit scores are affected for the first year as the scoring system looks at what new account have been opened in the last year. In addition, new account status or account being established takes two years (24) months from the time of opening. High FICO score achievers have paid an average of 40% of the original loan balance. The most points come from an installment loan on a credit scoring model to where you have paid the original amount down by 91% or have a 9% utilization left to payoff. Also, an installment loan with at least open revolving account, satisfies the credit mix. And if you are purchasing a vehicle or a mortgage loan, do not completely payoff your Creditstrong loan. Leave four to six payments, because lenders will not usually care about a loan that is about to be paid off. So, when you pay off a loan in full & it shows paid and closed, you lose the credit mix. Wait until you get the auto loan or have closed on your mortgage. On a last note, just like a mortgage, student, personal, or auto loan, the majority of your payment is going towards the inetrest. And keep in mind you checked the box to agree to the loan terms. Also, in the loan documents, is the interest rate that you are paying. I looked at mine & the amount of daily interest that I am paying is $ .72 cents & times that by 30 days in the month-out of a $ 30.00 payment, $ 21.60 is going to interest & $ 8.40 is going towards principle. For Creditstrong to justify & report the activity to all three credit bureaus on a monthly basis, the interest that all of us pays takes care of that. There are also fees that Creditstrong pays each credit bureau to be able to report all activity from customer accounts. It's the same thing as paying for a gym membership or for streaming services. If you want to play or be part of whatever group, then you need to pay. I also wanted to add this after reading the inaccurate information on the reviews. It is not a scam and Creditstrong is not here to harm the consumer. Thye have full disclosure on all of their loan & revolving products. The problem that I am seeing, is that there is a lack of patience on the customer side. Whether you are new to credit, having to start over again from having bad credit or a bankruptcy, your situation is not going to change over night or within a month. You need to start all over again. And these interest fees as far as I am concerned, are the same thing as the interest that you are probably paying on high interest credit cards. And when you got into a bad credit situation, it did not happen over night. The same thing with building or rebuilding credit. I want to thank Danielle for her assistance in answering all questions and concerns. She was awesome.

I'm not sure why there are so many negative reviews. I used CreditStrong back in 2020 and signed up for multiple services and tradelines to help rebuild my credit in preparation to buy a home. Alongside CreditStrong, I also used Self and a few prepaid credit cards. Without those tools, I wouldn’t have been able to secure my mortgage. That said, this isn’t a magic fix. You need to be patient and understand the timeline of the terms they offer. Even if you pay it off early, the funds remain locked in the savings account until the term matures. A lot of people leaving negative reviews likely didn’t fully read or understand the agreement they signed. I’ve now owned my home for three years and recently logged into CreditStrong as I’m looking to purchase another property and boost my score again. I noticed my savings account had finally matured. I called their support, and they confirmed the funds would be released and sent back within a few days. Bottom line: anything involving credit takes time. If you’re expecting instant results or trying to shortcut the process, this isn’t for you. But if you’re disciplined, patient, and understand what you’re signing up for, I’d highly recommend this service.

Where do I start 🤔 ok first let me say they are legit I've paid their membership fees second I had beyond troubled credit 😅 not only am I approaching 700 but it's been less then a month or at least nomore then a month get it pay watch it rise .....literally the best thing that's happened to me

CreditStrong has been a great resource in my journey. It plays a key piece in the overall credit improvement puzzle.

So far so good. The loan I took out has helped my credit score go up and stay consistent. I have yet to have any issues. I would highly recommend the same thing for anyone who needs help with their credit.

This company is great because they make sure of the accuracy is on point.