Are the "Credit Repair" people for real.?

Question

Has anyone ever tried these companies offering $50 per month to clean your bad credit. Did it work? Any suggestions on who to contact?

Answer 1

I would never pay $50 per month. Most good mortgage companies have companies which will do this for free and they do it legitimately. They are able to make you a purchaser in normally 6 months. Email me if you need some referrals.

Hope this helps!

Remember: Make this a good day!

Answer 2

no DO NOT GO TO CREDIT REPAIR COMPANIES

Instead do it yourself
go to www.myfico.com
for 5.95 myfico will give you all the proper forms to dispute the negs on your credit,
plus if you go to a credit repair co they will have you buy your credit report anyway. So you might as well continue on your own and do this. It will take persistance as I have found that out myself
but it will work-Going through a credit repair co will probably take longer becaus ethey will want to milk your monthly fee as long as they can-
they can help you dispute the bad stuff on your credit

do not appky for any more credit
pay your bills on time
DO NOT BE LATE!

CREDIT REPAIR CO. ARE A SCAM take the 50.00 and put it towards your bills

Answer 3

Most of those companies are frauds. Like other people have said, they charge you for what you can do yourself. Additionally many of them claim they can get bad things off your credit that are legitimate. They use illegal and abusive tactics to “fix” your credit. In the end, you pay them a lot of money with little to no results and get yourself into additional legal problems.

Answer 4

credit can in effortless terms be fastened with time. It takes 7 years for flags to drop off of your credit rfile. Any "write-off" debt (that's debt that your creditor wrote off as uncollectable) will never come off for that reason making you screwed. A "credit well being care expert" would desire to offer you straightforward experience propose inclusive of pay your expenses on time. in case you prefer to attempt to get rid of the "write-off" situation, touch the creditor and have a look at to make an affiliation the place they're going to get rid of the "write-off" flag in return for debt cost. The "credit well being care expert" would propose you very heavily to pay that debt as quickly as an affiliation is make else you would be completely screwed. while you're in the attitude of making credit or rebuilding credit, get a credit card and would charge approximately $20 a month. Then while the invoice comes, pay it at cutting-edge. this would would desire to lenders which you're being in charge. the quantity does not would desire to be plenty. in case you fail to pay, you would be screwed. credit is approximately self-discipline, have confidence, duty and reliabilty. think of if somebody lied to you (perhspa quite a few cases), how plenty would it not take for that individual to regain your have confidence. to respond to your question, a "credit well being care expert" can no longer restoration your credit. in effortless terms you're able to do it.

Answer 5

They charge you for what you can do yourself.

I write a blog on the subject of credit management, mortgages, real estate trends, etc. Check it out for more information that may be helpful.

Answer 6

You mean they pay you $50 or you pay them $50 one is going to make it worse not better.

Answer 7

ripoffs most of them. Call your bank or credit union and ask who they refer people to.