Im worndering also if there are better companies to use as I have heard some horror stories with some credit " repair" companies....
Please advise your help is very much appriciated!!! GP
2007-10-05 13:08:08 · 5 answers · asked by g p 1 in Business & Finance ➔ Credit
I understand your concerns. Many people out there believe that credit repair is a scam. And, to be honest, there are a lot of scam artists out there posing as credit repair specialists. However, it should be noted that most of the myths about credit repair are perpetuated by the credit reporting agencies. They don't want you challenging what they do because it costs them money. So they will tell you that you don't need to do credit repair or that you can do it yourself. While that is true, it is also true that you can repair your car yourself when it breaks down. However, you take it to a mechanic because you know the mechanic understands engines better than you do.
I KNOW its legitimate i went from a 502 credit score to a 767 in 6 months!!!!!!!!!!!!
The company i used offered a money back guarantee.
NWBA has been in business for over 13 years. In all that time they have had only one complaint against them with the BBB. Other companies in this field have as many as 300 in the last three years. In fact the other two of the top three credit restoration companies both have over 250 complaints against them in the last three years.
The decision is ultimately yours. there credentials and reputation are unimpeachable. It comes down to, are you going to listen to people who only believe what they hear on TV or are you going to believe people who actually work in the field every day and know the truth?
http://www.karunaservices.com/
2007-10-08 04:25:15 · answer #1 · answered by carrieazgirl 3 · 0⤊ 0⤋
Consumer Credit Counseling Service (CCCS) is a non-profit company offering free counseling. They also have a debt management probram. They can look at ;your finances and advise you how to proceed.
http://www.nfcc.org/
2007-10-05 20:54:56 · answer #2 · answered by bdancer222 7 · 1⤊ 0⤋
Use the CCCS bdancer mentioned, they're nonprofit and they'll work towards your best interest. Other companies only claim they do.
2007-10-05 23:15:01 · answer #3 · answered by jarel_chico 2 · 0⤊ 0⤋
read the federal trade commission about consolidation companies,
read creditinfocenter com
2007-10-05 21:04:02 · answer #4 · answered by Anonymous · 0⤊ 0⤋
do not use credit cards, they just get you into more debit. only on emergencies
2007-10-05 22:09:16 · answer #5 · answered by princesskitty 1 · 0⤊ 0⤋