| Are you planning to apply for an auto or mortgage | | | | score skyrocket soon. What are the problems |
| loan, but fear being turned down by creditors? Do you | | | | associated with this type of credit repair? First, there |
| want to raise your FICO because a potential employer | | | | are many scam services out there which prey on the |
| is conducting a mandatory credit check? Do you | | | | huge crowd of misinformed people. Typical tell-tale |
| simply want to get rid of debt and start with a clean | | | | signs that you are dealing with scam services is when |
| credit slate? Whatever your specific situation is, fixing | | | | they ask for the money upfront or when they don't |
| credit score is always a good idea. | | | | inform you of your legal rights. The second problem is |
| Here are 3 possible routes that will take you to the | | | | that these companies simply do the things you can do |
| land of "better credit". | | | | yourself IF you had enough credit knowledge. |
| 1 The hard way. | | | | 3 The smart way. |
| This is the most popular and most laborious way to | | | | This is the fastest and most painless way to a better |
| raise credit score. According to the mainstream credit | | | | credit. The only requirement-knowledge about the |
| advisers credit repair can only be achieved through | | | | credit system and the various loopholes in it. Do you |
| careful budget planning, financial discipline and patience. | | | | know what's the formula behind your FICO score? |
| In order to succeed you have to take a look at your | | | | Which 2 credit factors account for more than 30% of |
| income, track monthly expenditures, curb any | | | | your final credit score? How many points does each |
| unnecessary spending and and start paying off your | | | | type of negative item take away from your credit |
| debt. Slowly but surely you'll work your way up to a | | | | report (bankruptcy, foreclosure, loan default, collection, |
| better credit. There are various caveats associated | | | | legal judgment, late payment, credit inquiry etc)? Do |
| with this long term approach to a better credit. For | | | | you know how to get credit bureaus, collection |
| example, most of the people that need better credit | | | | agencies and original creditors to delete items from |
| score can't wait years to see the positive results. | | | | your record? Do you know how to file Rapid Rescore |
| They need that house or brand new car NOW, not | | | | and remove mistakes on your report within 48 hours? |
| later. Besides, people with outstanding credit debt have | | | | Do you know how to bring your credit card balances |
| to spend literally decades of their lives paying off what | | | | to the "healthy zone" (30% balance to limit ratio) |
| they owe. Last, but not least-paying off your debt in full | | | | without paying off your balances? How to settle with |
| can sometimes harm your report and lower your | | | | collection agencies for less than 20 % of what you |
| score. For example, paying off a collection that is more | | | | actually owe? In a nutshell-the more you know about |
| than 2 years old will upgrade the account status to | | | | the credit system, the faster you will see positive credit |
| current. The bad debt (although now paid) will continue | | | | results. |
| to influence your score adversely and will stay on your | | | | Fixing credit score is not than hard. Knowledge about |
| report for additional 7 years. | | | | the credit system and the little known secrets in it will |
| 2 The expensive way. | | | | boost your credit in no time. Once you start thinking |
| A lot of people feel helpless and overwhelmed when it | | | | outside the credit box, you'll be surprised to find how |
| comes to credit repair. They turn to credit repair | | | | easy credit repair actually is. |
| services and pay exorbitant fees hoping to see their | | | | |