We Bring Your Financial Health Into Focus

Many individuals and small businesses simply cannot afford the cost associated with poor credit. They may end up spending thousands of dollars when a history of bad credit and poor spending habits are part of their financial history. 

Bad credit can have some costly repercussions.

It’s no secret that bad credit can cost you money, but what consumers often don’t realize is just how expensive it can be.

  1. Mortgages
  2. Auto loans
  3. Auto insurance
  4. Rent
  5. Utilities
  6. Credit cards
  7. Employment opportunities

These and more are all at risk if one does not take the time to manage their credit.

We will take mortgages for the sake of the examples provided:

According to MyFICO, the annual percentage rate (APR) on a mortgage can vary by over 1.5% depending on your credit score. That may not seem like much, but it makes a huge impact on how much you pay over the lifespan of the loan.

To qualify for a traditional mortgage, you typically need a credit score of 620 or higher. Here’s how much your payments will differ on a 30-year, fixed-rate $250,000 mortgage with excellent credit compared to that minimum of 620.

760 or above:

  • APR: 027%
  • Monthly mortgage payment: $1,197
  • Total interest paid: $181,076

620 to 639:

  • APR: 616%
  • Monthly mortgage payment: $1,438
  • Total interest paid: $267,579

Total cost of bad credit: $241 per month and $86,503 over the life of the loan

Most individuals and business owners have some knowledge but perhaps lack the skills, desire or time to tackle taking on credit repair as a function of their responsibilities. It takes time, willingness, patience and thick skin dealing with the agencies and wading through the reports to determine those areas that could be detrimental to your financial history. 

E.C. Archer Business Solutions can be a guide through the convoluted world of establishing and rebuilding a meaningful financial snapshot saving you thousands of dollars over a lifetime of financial situations in your household or business. 

We offer personal, professional and affordable solutions for your personal or business needs. We focus on the needs of individuals and small businesses to help keep their financial aim on point, and their goals in sight.

Committed to delivering quality services, experience and performance.

At E.C. Archer, we focus on values of people first, integrity, compliance and improvement. From budgeting, credit repair, debt elimination, and financial coaching, we strive to meet your needs, all while performing with the highest ethics and accountability.

Whether you are an individual, entrepreneur, a sole proprietor, or a small business, let E.C. Archer provide solutions for your credit repair and financial needs.

We offer valid, affordable entry points for individuals and small to midsize businesses to establish their mark in repairing their credit. We have access to solutions for resolving most credit issues with a hands-on approach. These are offered at affordable rates in a predatory market so you don’t feel the crush of financial obligations and you can rest assured their financial history will be for the better.

Our services

Budgeting

: estimate of income and expenses over a period of time

Credit Repair

: focused resolution on any inaccuracies on your credit report

Debt Elimination

: the act, process, or result of, removing bad debt in your history

Coaching

: focusing on money-related goals and working toward them

Current Partnerships

Does your business need a cloud-based back office suite? Start-up funding? Or would you prefer to set up legal advice to protect your up-and-coming business? Is there any interest in establishing your own affiliated businesses providing opportunity for other revenue streams? Development is another aspect of business growth that should be discussed for small to midsize companies.  

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WHO IS THIS GUY? WHAT DOES HE DO?

A serial entrepreneur. “A jack of all trades is a master of none, but oftentimes better than a master of one.” Multiple interests, development, design, implementation, start-ups. Wealth Without Wall Street student and web content moderator. A Land Geek student. Desires helping individuals finding their path to financial freedom, not by any means necessary, but by thought out processes, established by others who have shown success. Don’t reinvent the wheel.

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