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Exactly what type of help do they offer?Do they remove negative accounts on your credit that are paid in full?Or do they remove any negative accounts whether they are paid off or not??

2007-03-02 03:17:15 · 9 answers · asked by Smooth 3 in Business & Finance Credit

9 answers

They tell you what repeated letters to write to the Credit Bureaus, that will likely remove most data against you in a few months and about $40 worth of Registered letters.

Do it yourself, without the middleman. He drives a Jaguar.

2007-03-02 03:20:37 · answer #1 · answered by Anonymous · 1 0

A waste of time and money. This is something you can easily do yourself you don't need to pay a company to do what you can. You can go get your own credit report for free find out what needs to be fixed. Say experian has a 30 day late on an account but equifax doesn't go to experian's website get a letter off their website for disputing it. You state your case even if its legit if you keep bugging them they will take it off. Especially if its been so long and the person that reported you does not have adequate information or fail to respond it gets taken off. The internet is full of information do your research learn and do it yourself. They can't do anything more than you can. I speak from experience I've always had good credit but when I married my husband he was in the 500 range really bad I was in the 680. He worked on his credit within a year he was at 620 so it can be done. He had collections and lates everywhere. Most of them were right but he kept disputing and disputing all but one was removed. Be patient and persistant it will payoff.

2007-03-02 03:38:29 · answer #2 · answered by ilisalec 2 · 0 0

They send out letters to companies that have your accounts in collection, and if they dont respond in the alotted amount of time, it gets taken off of your credit. They also get negative things that have been paid off of your credit. You can also take a different route when it comes to repairing your credit. You can have credit cards from other people implanted onto your credit, and within three months, their credit history will appear on your credit. They add you as an authorized user, then cut up the card. The people get paid for letting u do this.

2007-03-02 03:22:51 · answer #3 · answered by Miklo 3 · 0 0

Many "credit repair" companies claim to remove negative credit with the flick of a wrist. Their advertisements make bold assertions and money-back guarantees: "Bankruptcy, tax liens, judgments... no problem!! One hundred percent guaranteed!! Credit report 100% cleared in 30 days!!" Can they really make such sweeping guarantees?

While some credit repair companies are outright frauds, others are not fraudulent and they use the dispute process to obtain impressive results. In fact, they delete thousands of negative credit listings every day.

Unfortunately, it is risky to trust anyone to help you restore your credit. It is estimated that fraudulent credit repair companies have bilked Americans out of more than fifty million dollars. The majority of credit repair companies were started by entrepreneurs with a penchant for marketing. Consumers have flocked to these "credit doctors" only to discover that their advertisements proved far more impressive than their results. Hiring a credit repair company is like playing Russian roulette. Many of them are effective and legitimate, but it is difficult to tell a rip-off from the real article.

So, can credit repair companies guarantee results?

Not a chance! No credit repair company is so good that it can guarantee a specific outcome. It would be like a defense lawyer guaranteeing that the jury will find his client innocent. Guarantees are a sure sign of credit repair fraud. A warranty, where the credit repair company promises a refund if certain results don't occur, is a better, more realistic claim. Lexington Law is a respectable company that we recommend.

Not surprisingly, the credit bureaus have declared war against the credit repair companies and those selling instruction on how to do-it-yourself. The bureaus lambaste credit repair companies in the media and send anti-credit repair literature to anyone whom they suspect of using credit repair services. The bureaus unflinchingly deny that accurate information can be removed from a credit report.

The simple truth is that you do not have to endure bad credit for seven to ten years as long as you feel comfortable challenging the accuracy or verifiability of your credit listings. If so, it is possible to restore creditworthiness within a much shorter time.

However you decide to address your credit challenges, realize that regardless of what you may hear in the news media, thousands before you have sought help and restored their credit. They can show you their homes, cars, and credit cards. Despite the newspaper articles, TV reports, and other credit bureau propaganda to the contrary, the simple truth remains: you can restore your credit.

2007-03-05 10:22:37 · answer #4 · answered by Big Larry 2 · 0 0

They can only get the account to report correctly! The Fair Credit Reporting Act says that all must be reported accurately. If not you must bring it to the attention of the reporting company. They then have 30 days to confirm their reporting or remove the negative action. Now if they still report in error and you are denied based on their reporting and you have proof they are wrong, then you can sue them for 3 times the amount of credit lost + punitive damages. There is no firm out there that will not report honestly. They just do the same thing that you can do on your own but just with a little more force and at a cost to you. Go on line and get the dispute forms yourself and dispute every thing that is negative. You have nothing to loose and everything to gain on your own. You must dispute with all reporting companies, Experion, Equifax, and Trans Union. Just add the .coms and you can get it done yourself.
Good Luck.

2007-03-02 03:27:28 · answer #5 · answered by golferwhoworks 7 · 0 0

I wouldnt use them. I have bought some programs that have helped me repair and raise my credit score faster and less for what those people ask.These programs help you get the neg stuff off your report yourself. They have all the letters and forms for you to use and tell you what to do. I have gotten my moneys worth in no time using them. I tell everyone about these cause there are so many things on the web that dont help and just take your money. These programs really help. I even bought a set for my daughter because she filed bankruptcy and she is improving hers too. It doesnt have to take 7 yrs to improve you credit with these programs to start getting good credit cards. My daughter is getting offers every day now with great APRs. Do it yourself. I have. You dont need those people. They use the same process these programs do. Plus these programs tell you much more than how to improve your credit. the address is below

2007-03-02 03:29:24 · answer #6 · answered by Anonymous · 0 0

i've got consistently heard that they at the instant are not solid to bypass by way of. That they do no longer shield the subject. you could desire to take administration. If the previous cell telephone settlement is providing you with issues you may get online with the credit record website and dispute it or attempt to make sure why that's taking see you later. you additionally can call your credit card corporation to ask for a decrease pastime cost, which they ought to have the means to decrease it slightly as a results of fact their is countless opposition obtainable. consistently be advantageous you pay extra advantageous than the minimum required charge, in case you could, in the different case it is going to take you a protracted time to get out of debt. additionally in case you will pay off your decrease volume ones first, it will make it easier to sense the form you're making to maintain you going in the direction of the bigger money owed.

2016-10-02 06:31:04 · answer #7 · answered by benedick 4 · 0 0

You need to check out this video on how to increase your credit score by using a 100% legal loophole. Here is the video URL: http://www.creditscoresecret.org

I was able to get to 595 from 489 in just one day and from 489 to 748 in just a few week; that's pretty fast in my book. Good luck!

2014-09-12 00:47:58 · answer #8 · answered by Anonymous · 0 0

I have placed this in the source box. There is a wealth of information there and a great free debt management software program. I bookmarked the site as I return to it often for the advice it offers. I hope this helps you.

2007-03-02 13:31:00 · answer #9 · answered by Anonymous · 0 0

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