2007-04-13 12:04:44 · 4 answers · asked by cute L 2 in Business & Finance ➔ Credit
Why pay someone when you can do it your self? Charging someone for credit repair is illegal in some states.
Try the web site below it has helped me a great deal.
2007-04-13 12:37:47 · answer #1 · answered by just me 2 · 1⤊ 0⤋
Paying a credit counselor is a waste of money, just follow the steps below and you will be able to do it yourself for free.
First, make sure all the information on your credit report is accurate.
Second, try to pay off all or any accounts that are currently in
collections or make payment arrangements with the creditor to pay off the balance monthly.
Third, any credit card that is over 50% of the available credit line should be paid down to under half of your total credit line. Your credit score is lowered when your available balance is over 50% of your total credit line.
Finally, if you have bad or no credit and have no credit cards try to obtain two credit cards and make sure all of your monthly payments are made on time. This will help increase your credit score. If you cannot be approved for a unsecured credit card, obtain a secured credit card.
Repairing your credit and improving your credit score is a slow process that takes time. Just be patient and follow these steps and you should be on the road to better credit!
2007-04-13 12:27:52 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I had a freind who was a credit couselor. Basically what a credit couselor does is help YOU pay your bills. They divide the money up that you give them for your bills and then pay the bills. Something, in my opinion, can be done by simply dividing your money up into envelopes and paying them when they are due. If you are living beyond your means, then you might want to employ a credit couselor to help you juggle your debts. I believe there are some companies that can negotiate balances for you, but you would have to call and find out what services they offer.
2007-04-13 12:11:20 · answer #3 · answered by Jada C 1 · 0⤊ 0⤋
I agree with James and the site he listed is a fantastic, and free, do it yourself credit repair site.
Don't pay someone to do what you can do yourself. Save that money to pay on your bills.
2007-04-13 12:55:57 · answer #4 · answered by echo 7 · 1⤊ 0⤋