Learn more about our secure subscription process.

Concerned about Privacy?
View our policy here.

WHY APPROVALGUARD?

FREQUENTLY ASKED QUESTIONS


  • + Is APPROVALGUARD™ a credit correction or repair service?

    ApprovalGUARD is not a credit correction or credit repair service. ApprovalGUARD is a personal credit education and credit coaching service designed to help guide you in building credit for the first time OR optimizing your current credit.

  • + Is APPROVALGUARD a credit monitoring service?

    Yes, but not in the traditional sense. Traditional credit monitoring systems electronically watch your credit for suspicious activity and then notify you if an event occurs. ApprovalGUARD is not an electronic credit alert system. Instead, ApprovalGUARD provides dedicated coaches for the task of credit monitoring. These coaches will help you learn about your credit, how credit works and most importantly how you can manage your credit to qualify for the best interest rates when you need them.

  • + My credit is good. Why would I need APPROVALGUARD?

    Seventy-six percent of consumers have errors on their credit report and don´t know it. Eighty-six percent of Americans say they are nervous or apprehensive when they apply for credit because they don´t understand it. The typical home owner overpays more than $287,000 on interest during their lifetime. Better credit can mean lower interest rates and payments. Thirty million Americans have medium to poor credit which prevents them from being able to access optimal credit programs. ApprovalGUARD is designed to help consumers enhance their complete credit profile through personal credit knowledge and credit management techniques. ApprovalGUARD is here because traditional credit monitoring is NOT ENOUGH!

  • + I´m a student, what can APPROVALGUARD do for me? I´m a parent, can APPROVALGUARD help my children?

    ApprovalGUARD is perfect for college-age students. With ApprovalGUARD they learn what is often a neglected subject at school or at home during this time. ApprovalGUARD's credit coaches will guide them on the proper way to build entry level credit. This can be the greatest gift you can give a young adult just starting their independent financial stage of life. Many students are already burdened with financial pressure because they are accruing credit card debt; in some cases over $7,000 worth of it. The amount of students entering college with credit card debt is increasing at an alarming rate. Twenty-one percent of college freshman get their first credit card in high school and nearly 40% sign up for a credit card in their first year at college. With the abundance of on-campus, mail and Internet credit card offers giving low introductory rates, freebies, and bonus airline miles, it´s not surprising to find that according to a recent study 83% of all undergraduate college students have at least one credit card and carry an average balance of $2,327.

  • + I´m not looking for a loan, so why do I need APPROVALGUARD?

    ApprovalGUARD is similar to having an inexpensive insurance policy for your financial health. The service helps resolve issues before they even begin! ApprovalGUARD is a personal credit education and coaching service designed to help guide you in build and optimize your credit. By signing up for ApprovalGUARD, your dedicated coach will work with you to assist you in qualifying for lower interest rates and better lending programs when you need them and lowering your overall interest expenses. Credit doesn´t stop with loans and credit cards anymore. Your credit can dictate what type of insurance you qualify for. It can even dictate where you live and where you work.

  • + I´m renting my home, how can APPROVALGUARD help me prepare to purchase my first home?

    Many "first time" homebuyers attempt to buy their first home without sound advice. They enter the home-buying process with no savings plan for a new home downpayment and no idea of how their credit debt will affect them. The ApprovalGUARD Service will provide you as a homebuyer with four credit reports per year so you can monitor your credit as you establish it. Your personal ApprovalGUARD coach will meet with you to explain your credit report and provide you with some proven ways to properly establish your new credit. They will then continue to meet with you each time a credit report is issued to assure your questions are answered.

  • + I´m getting ready to buy a home soon. Will APPROVALGUARD help me?

    Yes it can. Buying a home for the first time, or the tenth time, is one of the biggest investments you can make. The condition of your credit will be the deciding factor of what home and interest rates you qualify for. Medium grade credit can translate into a higher interest rate home loan with high payments. With ApprovalGUARD you will learn about your credit and what actions you might take to help optimize your credit so that you may qualify for the best possible home loan programs and interest rates.

  • + I'm not a home owner and don´t plan to buy a home. How can APPROVALGUARD help me?

    Understanding your personal credit and how it works is just part of the overall ApprovalGUARD Service. By working with an ApprovalGUARD credit coach you can take the right steps in managing your credit. Credit isn´t just about home loans, credit cards and auto loans anymore. The well being of your credit and financial profile can impact your ability to rent or lease a home, decide what insurance program you get and can even dicate what job you qualify for.

  • + Is my information safe and will it be protected?

    Yes. Please see our security and privacy policy for details. ApprovalGUARD meets or exceeds industry standards in internet information security protection. Click here to see our Privacy Policy»

  • + How does my credit rating really affect me?

    If you credit score is low, your credit rating can literally cost you thousands of dollars in unnecessary paid interest. The typical American household overspends $287,000 in interest expenses throughout a lifetime. As much as 51% of what is spent on interest could be avoided simply by implementing strategic debt management techniques. ApprovalGUARD clients are more aware of all issues and opportunities that could have a significant impact on their overall credit, debt and equity situation.

  • + Will this help protect me from identity theft and credit fraud?

    YES. As a result of getting your credit reports on a quarterly basis, you will have the opportunity to identify unscrupulous and unauthorized activity to your identity and credit. However, ApprovalGUARD currently does not automatically alert you of suspicious credit activity on your credit report. The ApprovalGUARD program offers more credit reports to you in a one year span than most credit monitoring services.


SSL