Credit Repair Service
Establish Good
Credit
Sadly a large
percentage of Americans suffer from negative items on their credit reports.
Blemishes that prevents them from getting new credit, getting the best
interest rates, renting homes getting approved for new lines of credit.
Bad credit is embarrassing, humiliating, and depressing because most creditors
view a bad credit report as a person who is irresponsible person and
therefore a higher risk.
Most people with bad credit
are not "deadbeats" nor are they unwilling to pay their obligations. In
fact, if your like most people, you probably maintained a good credit
profile until an unforeseen circumstance like a layoff, medical problem, or
divorce prevented you from making a few payments in a timely manner.
The truth is that most
people struggle long and hard to meet their obligations but the money coming
in just doesn't meet the bills going out. If you find yourself in this type
of situation, you must be very careful and selective about which bills get
paid. If the circumstances become serious enough, you may even have to file
for bankruptcy protection.
You are not alone. You're
not the first person to decide to put food on the table or keep the
electricity on rather than paying a credit card bill. You can be sure that
most people would rather protect their family and their loved ones first,
and then pay their creditors. Even the collection agents, the ones that call
and 0harass other people about their obligations, would certainly protect
themselves first if faced with the same tough decision.
Legally repair credit! Now, by knowing,
understanding and utilizing your legal rights you can begin taking the steps
of regain the good credit you once had and reward yourself with the
confidence necessary to rebuild your financial independence and freedom. Of
course you must protect your new credit report with honesty, integrity, and
common sense.
So, as you begin your
journey to establish a new credit report history, I would first ask you to stop
feeling guilty about your previous inability to pay your creditors. It may
or may not have been your fault. That is and will remain in the past. Look
forward to a new start, new credit report, and a new chance.
As publishers, we are not
engaged in giving any legal or accounting advice. If you desire and want
professional legal advice, please go to our Legal Services Page to get the
legal representation you need at a price you can afford.
Free Credit Repair Information
Introduction
Unfortunately today, we live
in a society that determines our net worth and value as a human being by the
type of credit file we have. If your credit report is good, chances are you
will receive and partake of some of the better things in life. But the
opposite couldn't be more true if your credit report is bad. There are very
few creditors who will extend good credit to people with bad credit.
But what if it wasn't your
fault? What if you had to make the simple choice between eating and making
your car payment? What if a job lay-off, a medical emergency, or some other
personal crisis prevented you from making a timely payment? Should you be
forced to pay for this for the next seven to ten years?
The credit bureaus are judge
and jury in relation to your credit file. But there is one difference. A
judge will at least give you the chance to defend yourself in court before
passing judgment. And in America we are SUPPOSED to have a chance to face
our accusers BEFORE judgment is passed. This is entirely untrue when it
comes to your credit file.
The truth is that your
creditors and the credit bureaus have been swapping information about you
behind your back for a long time. You are not asked or given any benefit of
defense when this happens. It is in effect legal gossip!
The system, as it stands
today, does not give you the opportunity to defend yourself before
inscribing your credit file with negative information, even if it is not
yours! You must prove to them that the negative information on your credit
file is incorrect, invalid or otherwise erroneous before they will remove
it. That means in their eyes, you are GUILTY until proven INNOCENT.
You might wonder how a
system like this is allowed to operate in our DEMOCRACY, in a country where
we've been brought up to believe that a person is innocent until proven
guilty. Why aren't we extended some courtesy by the credit bureaus? Why
don't they give us a chance to defend ourselves before placing negative
information on our credit files?
Good questions, aren't they?
You may not like the answer though... THEY DON'T HAVE TO! The credit bureaus
are private companies and corporations. They are in business to make a
profit. And that profit comes from one place and one place only: YOUR
CREDITORS.
Your creditors pay to see
your credit file information and believe it to be true and correct. They
also reciprocate by exchanging your credit information with the credit
bureaus. So... your creditors pay the credit bureaus and the credit bureaus
are in business to make a profit. Where do you fit in? You don't.
Unfortunately you are just
another number in the vast data bank of numbers. Your credit report and the
information it contains are not important or of any consequence to anyone
but you. That's why you are the only one that can do anything about it.
Well my friend, that's why I
put this information together and developed this unique program. I have seen
too many people destroyed by the credit reporting system. I have watched
helplessly by the wayside as their credit files were corrupted and their
self dignity was destroyed in the process.
So many people with poor
credit have done their best to make timely payments but couldn't because of
a personal problem or another. Should they pay for this both financially and
emotionally for the next seven to ten years? I don't believe so. I believe
everyone deserves a second chance. I believe that you deserve a second
chance, no matter what the previous circumstances were. Put those problems
behind you now. It's time to move on and re-establish a good credit file.
YOU CAN remove past negative
information it will take time and tenacity. The process is simple but it's
not easy. It will take some work on your part, but if you're serious about
getting a second chance, you won't mind.
Congratulations! You are
about to take the final steps necessary to begin a brand new life with good
credit! Study the material, use the information and get a new start!
A Few
Comments On Credit Repair Companies
Over the past fifteen years
or so, many "Credit Repair Companies" or "Credit Clinics" have opened up
across the nation. Their main purpose is to help the individual remove
incorrect and negative items from their credit report. Unfortunately, some
of these outfits are scams from the word "GO" and have given the whole
industry a bad name. They take the consumer's money and then tell them it
will take month s to get results, then disappear without a trace. With the
information we have provided you with here, you have no need to take that
chance. If, however, you decide to hire one of these companies, check them
out!
First, if the sales person
or company uses the word "Guarantee" or "Delete", Run and don't look back!
There is no way to "Guarantee" that ANYTHING will be removed from the credit
report! Think about it for a minute. Unless he or she is going to "hack"
into the credit bureau's computer, how can he guarantee anything? The Clinic
is NOT the one that "deletes" the information!
Ask to see their license,
get a copy of it, and then contact your State's Secretary of State to make
sure that the company has obtained and maintained the necessary license
and/or bond. In the State of Nebraska all companies, organizations, or
individuals that provide credit services MUST (with NO exceptions) obtain a
"Credit Services Organization License". If they charge a fee BEFORE they
provide the services they promise, they MUST also maintain a $100,000 Surety
Bond for TWO YEARS after they cease doing business in the state. While you
are on the phone with the Secretary of State's office, ask if there have
been any unresolved complaints against the company. Find out how long they
have had their license as well.
There have been a number of
credit clinics that guarantee to remove any derogatory items from consumer's
credit report.
Contact the Attorney
General's office in your state as well, see if there have been any
complaints and find out if they are under any kind of investigation. The
Better Business Bureau is also another good organization to check. My
company wasn't just LISTED with the BBB, we where actually members of the
organization as well.
If the firm tells you that
you can not take a day to think about it or that it is a 24 hour offer tell
them to take a hike! They where trying to scam you! Tell them that you want
a copy of the contract you will be signing and any disclosures so that your
attorney can take a look at it. If they balk, again, good for you, you just
flushed out another con-artist. Call the Attorney General to have them
investigated so no one else will fall into their trap! To have unlimited
contracts reviewed by an attorney, and tons of other legal services, please
visit our Legal Services Page.
For five years I owned and
operated a company here in Omaha that not only assisted individuals and
families re-establish their credit reports and obtain new forms of credit;
but we also helped establish a budgets, and save money. The last two items
were more important than the first two! If nothing else, TIME will repair a
damaged credit report. But without the proper savings and budgeting, the
smallest disruption in an individual's cash flow will destroy the BEST
credit report. In fact, the "better" the credit, the more potential for
damage there is!
I will encourage you to go
to your local book store and obtain a book on budgeting. Talk to a family
member, friend, or clergyman to get help on setting up and sticking to a
budget. One of the reasons people run into the credit situations they do is
because when the emergencies hit, there is nothing to fall back on. Don't
let it happen again! Protect your good credit and your good name!
Would you
like to read the rest? Join today! You'll have instant access to
over 375 pages of credit information!
