3 Credit Repair Secrets Creditors Don’t Want You To Know
Do not settle for a company that has got negative feedbacks. The few who can weather the storm will emerge as the market leaders. On the one hand, this is a good thing for consumers – companies with poor customer service and misleading information will be among the first casualties. As previously stated, this is not possible even if the negative items in your credit report are due to error
If you are not pleased with your credit report, you may be interested in contracting credit repair services. m. These agencies can offer you advice and may also be able to help resolve your complaint
The way it works is by issuing what they call a “report my bills” credit card. A credit repair company by definition is an organization that offers you assistance to boost your credit history by different techniques like checking the accuracy of your credit reports with the credit bureaus, dealing with any credit report dispute as it arises, repairing your credit report, fixing your credit report in the wake of bad debts and so on. Although they do not have the most sophisticated Web presence, Sky Blue’s customer service is excellent
If you have lots of bills on hand and each and every one of the bills are pressing, it makes you feel the need to payoff the debt that benefits you the most of all. If your account has already been sent to a collection agency, call them and attempt to negotiate a reduced settlement. This is a free service to you
It is said that the “average” person with less-than-perfect credit will have, all other things equal, over $3,000 LESS DISPOSABLE INCOME per year than someone with very good credit. If the merchant fails, for any reason, to verify that debt as accurate within a 30 day period from the time the dispute is filed, then, by law, that derogatory item must be removed from your credit report! In the real world, especially during the Christmas holiday season, merchants often do not have a chance to respond within the required 30 days and verify legitimate debts, so the credit repair company will then be able to have that derogatory item removed. The true cost of bad credit will astound you. While the way the actual score is determined is a “secret”, it is based on the information reported to the credit reporting agencies by your creditors. They will ask you to pay a considerable amount of money and in return they will clean up your credit overnight
