Wendy became a Veracity client in October as a result of problems she had obtaining a "refi" (refinance) on her home mortgage loan.

She and her husband were saddled with two mortgages, and 9 % interest rates were making it tough to budget for much else. With a market offering interest rates that were at 40-year lows, the timing seemed right and refinancing seemed like a perfect solution.

Knowing how much cash she'd save with a “refi” loan that consolidated their home mortgages at a single, lower interest rate, Wendy called Veracity Credit Consultants when her loan officer advised she clean up her FICO credit score.

A quick glance at her credit reports and the damage was obvious. Wendy had a tax lien and six other negative records, including bankruptcy, on her report. Wendy was not surprised that a bankruptcy could sink her home refinance. What did surprise her was that she'd never had a tax lien and she'd never actually filed bankruptcy!

While most credit reports contain errors, Wendy's case was extreme. However, after five months of disputing the invalid information with all three credit bureaus, Veracity was able to remove the inaccurate listings for good — even the bankruptcy.

With the "refi" rate drops still in full swing, Wendy was quickly approved for a 5.75% fixed interest rate on her refinanced mortgage, thereby consolidating her outstanding debts and rolling together her first and second mortgages.

Better credit and better interest rates dropped Wendy's monthly payments by $137/month, saving her nearly $50,000 over the term of her 30-year mortgage.