700 Credit Repair Proudly Offers our
“Motorcycle Express Program”
This unique program is designed for clients who have the desire and financial ability to purchase a motorcycle, but lack the sufficient credit score required to enable them to qualify. Any applicant who enrolls in 700’s MOTORCYCLE EXPRESS GUARANTEE will be credit score eligible to purchase a motorcycle.
700’s Motorcycle Express Guarantee
This unique program is designed for clients who have the desire and financial ability to purchase a motorcycle but lack the sufficient credit score to enable them to qualify. Any applicant who enrolls in 700’s guaranteed Motorcycle Express Program will be credit score eligible to be approved for a motorcycle.
· Have three (3) or more positive trade lines which are open. If the applicant does not have any open trade lines, they must acquire at least three (3) open trade lines with our assistance. The balances must remain at 10% or less of the available credit limit on revolving accounts.
· Must have no more than 5 inquiries from the date of enrollment
· May not have any thirty (30), sixty (60) or ninety (90) day late payments on any open trade lines from the date of enrollment.
· May not have any new collections, charge offs or other negative item occur from the date of enrollment.
· May not be in arrears to a child support collection agency without a wage garnishment or repayment plan in effect.
· May not have any foreclosures or bankruptcies in the past thirty six (36) months
· All FHA loan conditions and stipulations apply
· Get and keep throughout the program a Credit Monitoring report w/ Wells Fargo credit monitoring or a similar one. Any other than W.F., please get approved by your consultant.
· Must have at least 1 fico score of at least 500
· Must forward all correspondence received from the three (3) national credit reporting agencies to 700 C.R. within three (3) days of receipt. If nothing is received from bureaus within 52 days, notify us immediately.
· Must make all scheduled payments to 700 C.R. as agreed upon in the contract. The GUARANTEE will become null and void if any scheduled payments are missed.
· Review your recommendation sheet and do a welcome call with your credit coach. Review with your coach what needs to happen in regards to your open utilization, do a one on one home buying credit consultation, and provide 700 C.R. with a good e-mail address. We also encourage our customers to use the budget & finance tools we provide for them.