I need to repair my credit but honestly do not have the time to do this myself. Has anyone ever used an agency that acutally worked and if so how long did it take?
2006-09-25 09:15:55 · 7 answers · asked by Monika P 1 in Business & Finance ➔ Credit
I used to do credit repair and sometimes still do for my friends. You should take a look at NOLO LAW they tell you how to repair your credit without those expensive agencies beside they will only hurt you credit more. Be careful. Email me if you need more information.
2006-09-25 09:22:32 · answer #1 · answered by Medical and Business Information 5 · 0⤊ 0⤋
There is no such thing as "credit repair." Your credit report should reflect accurate information. You can pull your credit report from the 3 major reporting services once per year without charge. Visit annualcreditreport.com.
Read each item listed carefully. If there are any inaccuracies, work towards having them corrected. If the creditor refuses to correct something, challenge the credit reporting service to prove the information on the report. They must then send that company an inquiry requesting proof of the information reported. If they do not respond, or cannot prove the information, they must remove it.
If you have accurate information reported, and that information is bad, there is no way to legally remove that bad information. You may be able to increase your credit score by paying off the bad debts, thus changing the report from "does not pay" to "paid or settled."
Do not waste money on someone that claims that they can "repair" your credit. The only credit they repair is the amount of money you give them going into their bank account.
Do try to have bad information removed from your report through deceit. Do not bend or stretch the truth in an attempt make you look better. In most cases, if you have a reason for why your payments were late, or you had to quit paying, you may add a statement to your credit report explaining the reason. For instance, "I became ill in 2001 and had to stop working. It took me two years before Social Security began paying disability. I am trying to work with my creditors to resolve any outstanding balances now that I have a small monthly income again. Please be patient, as I plan to make good on my debts, but it will take time."
There is honesty, an explanation, and a willingness to repay what you owe. If your report shows that you are working on creditors, one-by-one, your statement goes a long way towards improving the overall picture of your credit worthiness.
Good luck!
Will D
Enterprise, AL
http://www.notagz.com
http://www.notagz.com/julypuppies.html
http://www.notagz.com/sept-puppies.html
2006-09-25 18:04:32 · answer #2 · answered by Will D 4 · 0⤊ 0⤋
I've been where you are and it's no fun. Credit can be repaired and it doesn't really take much work. The first thing you need to do is get a recent copy of your credit report. You can get a free credit report and credit score at http://smart-money-help.com/free-credit-report . Even if you have seen your credit report you need to request a new one. Things get added to the report all the time and some of them might not be accurate. Getting rid of the errors and challenging everything is the next step in fixing things. Also, you don't need to pay someone to fix your credit report. There is nothing someone else can do that you can't do yourself. That same website also offers a free credit repair kit. The free kit and the free credit report are all you need to start getting your credit repaired. You can get the free credit repair kit at http://smart-money-help.com/free-credit-repair-kit .
2006-09-28 14:57:30 · answer #3 · answered by Anonymous · 0⤊ 0⤋
There are no 'good' credit repair. Get 2 more jobs pay off the bills Never use credit again. Slavery is easy.
Credit repair company usage damages your credit and you will be treated as having filed bankruptcy fro the next 7 yrs should you want a mortgage.
visit DaveRamsey.com to learn before you get burnt and bent over.
2006-09-25 18:09:55 · answer #4 · answered by Anonymous · 0⤊ 2⤋
I have used this one: www.cornerstonecred.com and they have done a very good job so far. After you will be signing the contract with them, will take between 6 to 12 months in order to see the results.
Hope you can restore your credit!!!!!
2006-09-25 17:01:29 · answer #5 · answered by Clara A 1 · 0⤊ 0⤋
Lexington Law
www.lexingtonlaw.com
2006-09-25 16:33:31 · answer #6 · answered by Mere 2 · 0⤊ 0⤋
http://www.careonecredit.com/
2006-09-25 17:55:35 · answer #7 · answered by Life after 45 6 · 0⤊ 0⤋