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Have You Used A Credit Repair Program? Did It Work?
I have bad credit, no more credit cards, one loan that we have been paying on time, but still bad credit. We have looked into this credit repair service, but would like to know if anyone has used one of these and has it actually worked?
Don’t bother…they can’t do anything that you can’t do yourself….There are plenty of free resources online about credit repair….FYI: No one can have accurate negative info deleted from your credit files….
June 28th, 2009 at 2:38 pmIf you really want to repair your credit as badly as you say you do, then the first step is to avoid credit repair services. They don’t do anything anymore special than you can do on your own. The first thing that you need to know that knowledge is power. In order to fix your credit, you should know how your credit is scored and how it affects you
June 28th, 2009 at 2:38 pm1. Payment history- 35%
2. Total debt owed to avialable credit ratio-30%
3. Length of time establishing credit-15%
4. Types of credit established-10%
5. Inquiries and New accounts-10%
With that said, there’s 2 things when it comes to bad debts and collection items that you should be aware of, the FCRA and statute of limitations. These are 2 diffferent things. The FCRA(Fair Credit Reporting Act) is the timeframe that negative items can remain on your report which is 7½ years from the date it first went deliquent. For example if a debt first became delinquent July 10, 2000 the legal limit that the debt can be reported would be January 10, 2008. Also, there is a seperate statute of limitations that varies by state on how long a debt can be legally enforced. This is different from the FCRA, because depending on which state you live in the statute may or may not expire before the FCRA.
here’s a link for thathttp://www.creditinfocenter.com/rebuild/…
Another important thing to know is that negative items that are less than 2 years old are hurting your score the most. It’s possible that you can settle much older debts for far less in exchange for getting them removed from your report altogether. This is called a “pay to delete”. I posted several links explaining this in detailhttp://www.creditinfocenter.com/debt/set…http://www.creditinfocenter.com/debt/neg…http://www.creditinfocenter.com/debt/Can…http://www.creditinfocenter.com/debt/Act…http://www.creditinfocenter.com/debt/deb…
There’s sites like the one I posted along with a few more than can help you repair your credit cheaper and easier than you would if you paid out of the pocket.
scamms .
June 28th, 2009 at 2:38 pmu can not repair credit nor can any company.
u can dispute incorrect items.
anything that is true can not be removed except by time.
visit dave ramsey.com to earn from others harder lessons. cheaper easier faster safer
Yes, you can repair your bad credit on your own.. but do you have time and do you know what to do? I own a credit repair company and it was formed with the consumer in mind. We dont charge you outrageous rates and we get results. Althought it is a true statement that you can not get accurate items removed from your credit report there are tactics that we use that can get some items removed without re-insertion! Some items on your credit report may be outdated or your account may no longer be with a certain agency,, in this case the item on your credit report is not accurate and can be deleted! Call 1-888-633-3317 http://www.urbancredit.net for more details and help to get you on the right track.. we do the work for you.. not set you up on some fancy website and tell you to pick the items for us to dispute.. we know what to do and we do it for you…Then we tell you what to do so you can start building while we are repairing. Not all Credit Repair Companies are out here just to get paid.. some of us really do care. Christine
June 28th, 2009 at 2:38 pm