Is Glory a Credit Card? Discover the Truth About Glory Financial Services !

Have you ever felt that you have been timely repaying your credit dues but somehow your credit score remains negatively impacted? According to the research conducted by THE U.S. PIRGs, “up to 79% of the surveyed credit reports contained errors“. These mistakes could be related to misspells, wrong addresses, incorrect balances, falsely recorded late payments, etc. Not every common man can easily remove their credit report mistakes because it demands knowledge, resources, paperwork, and time. Hence people search for agencies that could help them rectify their credit score. In pursuit, people have misunderstood one such agency named Credit Glory for “Is glory a credit card?”. 

Is Glory a credit card? 

No, credit Glory is not a credit card company or a credit lender but a firm that could help increase your credit score by scrutinizing flaws in your credit report and rectifying your credit file from wrong names and addresses, false late payments, charge-offs, bad debts, short term negative balances, etc. 

What does credit glory do? 

Credit rectification is a complicated process involving a lot of paperwork and lengthy complicated processes to even get that small correction reflected on your credit report.

Credit Glory provides all essential services to sort out shoddy entries in your credit report which could lead to a good credit score. 

While Credit Glory does all of the chasing, the credit bureaus and creditors, handle the complicated paperwork and monitor your past and future credit reports to avoid any false claims further. That doesn’t mean Credit Glory can manipulate genuine entries in your credit report, it’s a felony and against the law. 

How Credit Glory can help you? 

Credit Glory will, 

• Study your credit report and pick the erroneous or fraudulent entries from the report. 

• Contact credit Bureaus on your behalf and discuss such inaccurate entries in the credit file. 

• Achieve complicated processes and paperwork with Bureaus for the customer. 

• Go after the debt collectors to settle your issue and take the collection amount off your credit report. 

• Provide better financial advice on debt. (for example how to improve your credit score using Atlas or other applications). 

• Monitor your credit report for future defective entries. 

How much does Credit Glory cost ? 

Start-up Fee ($200)

They charge for the process start-up setup. Under the Startup process, Credit Glory studies your credit file to generate the output report under your name to discuss with you the errored entries and amounts on your credit report. 

Monthly Fee ($99)

There are chances any business would intentionally delay their work to get their monthly fee continuously. So discuss the project deadline beforehand and if the time limit crosses, ask them to agree to slash their monthly fee.

Credit Glory contact? 

You could email them at hello@creditglory.com or connect at (855) 938-30444. 

Frequently Asked Questions | FAQs

How does your credit report get errored? 

Generally, the first line of error comes from the creditee due to their naivety or ignorance. 

• Borrower’s Ignorance – For instance, When a borrower makes their last loan payment, they might think their debt is cleared. However, just making the final payment isn’t enough. You also need to complete some paperwork and get a No Objection Certificate (NOC) from the lender. Without this, the bank might keep charging interest and late fees, which can negatively affect your credit report.

• Software issue – There have been incidents reported where the software glitch led to imposing unnecessary charges on the borrower which went unnoticed. 

• The Debt Collectors – Then there are Debt collectors who report a collection account on your credit report. These agencies purchase bad loans from the Banks for pennies (20% of the original loan amount) and then they might come after you claiming the credit amount(depending on how huge is the amount).  

• Sometimes these debt collectors are hired by the creditors themselves to solve these issues too. The debt collectors will contact you via mail or phone demanding the repayment of your loan. To make things worse, henceforth the collection amount might reflect on your credit report destroying your credit score.

• Dormant Credit cards – Credit cards that have no transaction activity on them tend to become inactive. Inactive credit cards when closed can negatively affect your credit score too. 

Why is it important to remove errors from your credit report? 

A bad credit report could hold you back from deserving a credit through which you could build a business or take calculative risks to build your dream life. A credit that is cautiously repaid is not a bad debt. 

But when you have faulty (due to your own mistakes) or bad entries in your credit reports that you are not accountable to then the credit lenders automatically mark you undeserving for any further credits/debt. 

With a poor credit report, you would be devoiding yourself of missing some great opportunities of owning credit cards that offer great cashback and can also help you in increasing your credit amount, credit utilization ratio, and in return your credit score. 

Hence Credit Glory can get your credit report cleaned up to get rid of all the defective credit report entries leading to a rise in your credit scores eventually. 

Sample List of Credit Collection Agencies?