Credit Repair Knowledge Base
How can i open my own credit repair company? I am a mortgage loan officer and always send customers who have credit issues to a credit company to clean off their credit. I know people can do this on their own, but many do not have the knowledge and time to do it. I have also cleaned customers credit myself including mine and my wife`s and friends and family members but i have been doing it for free. How do i go about it in opening my own credit repair company? Where do i start?
Is there a way to repair my credit rating quickly after having a debt company? I am now debt free but have been told that I will now NOT have a credit rating for 6 years as my accounts were defaulted after taking assistance from a debt management company but then paid off by my family? 1) Is this true? 2) Can anything be done to improve my credit rating? 3) What about these credit repair companies? Dare I ask about a mortgage??
How can I succesfully repair my own credit ? Do credit repair companies work? I want to build or buy a house for my family .This is no joke , I have seven kids . So it's very important that I get a good P.M.I. and a good interest rate or I'll never be able to afford it. I make about 60k a year , but one of kids had to have 5 brain surgeries right after she was born and this ruined my wife and my credit . Any suggestions would be appreciated. Please , serious stuff only.
Where can I find a trustworthy credit repair expert? I am trying to repair my credit by sending debt settlement letters to the collections agencies listed on my credit report, but they are not being cooperative. Most are saying they CANNOT settle the debt nor are they willing to delete the listing from my credit report after the debt had been paid. I don't trust any of these non profit credit counselors, but I need some guidance. I am begining to lose hope that this is even worth the trouble. Any advise?
How fast can credit repair be done? I want to repair my credit quickly, like within 6-12 months have everything cleaned up and improved scores. Is this possible? How likely? Thanks.
Are there any credit repair companies that are legit? I want to fix my credit fast, because my husband and I want to buy a new house in about 6 months. There a lost of credit repair companies out there. They say that they can remove bad hits on your credit report. Has this worked for anyone? If so, which company? How much did you have to pay them? How much did your credit score increase? How long did it take? Thanks a bunch!
Can I bring legal action to an attorney that promised to help me with credit repair, and has bounced? I paid $300 to an attorney that works with a real estate firm specializing in credit repair, by disputing and of such nature. He hasn't done anything, he is now unable to be reached? Took my money and left but still around. Can I bring legal action to him? (His company states that he's doing it on his own). I need a good attorney to help me out, what kind of attorney could help me in this case? Please help me.
Is there really a good credit repair agency ? I am trying to find a good credit repair agency. I want one who states upfront what they do and does what they say. I have some credit issues and will like to get as much help as I can to clean them up over the next two to six months.
Should I start a credit repair service? I have been aswering questions for people on and off of the Internet and I have gotten at least twelve people asking me to help them with their finances. I am thinking it might be worth it to start a credit repair company. Most people are willing to pay $50 -$70 a month for my services. What should I do?
What is the best credit repair company to use? I am trying to repair my credit and basically start from scratch. Im looking for a credit repair company to do the dirty work for me as in sending info in to the bureaus etc. I understand I can do this on my own but would rather have a reputable company. I know there are scams out there so Im wondering if anyone has gone thru the process and can refer me to a reputable company.
Are credit repair companies legit and do they really help? I am trying to raise my credit score quickly. Right now I am at 593-around 650 depending on agency. So, by paying off the 5 credit cards that I currently have(some with amounts ranging from 1,500-2,500), should that raise my credit score a great deal? If not, will a credit repair company help or are they just a scam?
what can a credit repair service do that i cant do myself? What is it that credit repair agecies do to get things removed that i cant do myself. I have appt. with a repair agent but am on the ropes on wether i want to use the service or not. I mean he says it will take 45days to get things removed which sounds like he is just writing dispute letters.
has anyone out there used hargrove and associates credit repair agency? does it work? While im making offers and removing things myself i felt paying a credit repair service $250 wasnt bad to help me due to the fact im in school again and working two jobs i really dont have time to follow up on everything. Has anyone used this service or a similar company. Does it work? i know what they do i just want to see has it worked for anyone yet?
How can I pursue action against someone who stole money from me in exchange for "credit repair"? Nearly a year ago I paid someone to repair my credit. She is licensed. I have a written contract. She has done nothing to help my credit and will not respond to email or telephone inquiries. How can I report her to state licensing agencies (Texas) and the credit bureaus? This person is not a member of the Better Business Bureau. She works for a mortgage company, but does the "credit repair" independently. By "independently", I mean she does not represent any company. This is her "side business". She is not representing a COMPANY. She is not a member of BBB. She is a licensed loan officer who does credit repair INDEPENDENTLY as a SIDE BUSINESS. I do have a signed contract with a ONE YEAR GUARANTEE, signed on July 23, 2006.
Is Credit Repair really effective and how much would you pay for it if it is? A good credit report is very important for living a comfortable life of financial freedom but it's difficult to recover fom a bad credit report once you've made a few mistakes. Credit repair companies can be helpful, especially if you allow some time for your file to be worked on before you need it completely done.
How can I repair my credit? I ruined my credit in college and as a result I have about $10,000 in debt. Most of the accounts are in collections, charge offs, or past due. The only thing positive on the report are my student loans and my car loan. I have heard of disputing the reports, but I also want to find a credit repair firm that will allow me to make payment arrangements. I want to improve my credit rating so that I can purchase a home in a few years, get approved for more credit cards and also get a new car.
How do you become a credit repair specialist? Also, how do you start a business repairing other people's credit and restructuring their debt so they can be approved and get the best rates they can for mortgages and car loans. What about helping them with ChexSystems and to get a better hold on their credit and finances. I know the income potential is $100K a year, and also you're helping people rebuild their lives from financial disaster so they don't have to resort to predatory lending such as cash advances, payday loans, title loans, rent-to-own, and sub-prime mortgages (to name a few). I understand with that said its very rewarding financially and personally. Thank you for all your help.
What experience(s) has anyone had when using a credit repair/restoration company? I am conducting research on credit restoration/repair companies and scam artists. Anyone who reads my posts knows that I am a proponent of credit restoration. And I support using the three legitimate credit restoration companies in the US. But I would like to hear of any experiences people have had with others. I do not want to hear about Lexington Law. I already have mountains of data on them, and not much of it good. I want to hear about all the others out there. Let me know who you used and what the results were. People who only want to post that credit repair is a scam, please do waste my time with your uneducated claptrap, I want legitimate answers only please. Thank you for your answer, Rose. I appreciate you taking the time to answer my question. Lydia, I am in agreement with most of your answer, but I was just wondering what question are you answering? You posted it in the wrong place. Your answer has nothing to do with my question.
Bankruptcy vs. credit repair before selling and buying a home? Ok, I have a credit score of 504. Of the 40 items on my credit report 37 are old medical and the other 3 are paid as requested which are home, car, and one credit card. Do I go ahead and try to repair the credit or file bankruptcy? Before or after selling a home?
Credit Repair? I have no idea where to start to repair my credit. They are always offering free credit reports but I am leary of that. Could someone please tell me where to start?
Credit Repair? Hello to you all, If you are in the credit repair business can you please tell me a little bit about your experiences with this business, How much money do you make . And if you know of some really good course of software pertaining to credit repair please tell me about it. Thank you in advance!!!
Do credit repair programs really work? I came across some programs offered by, ex-bankers, ex-credit bureau agents that offer tactics and software that enable you to repair your credit. They claim to be able to create a new credit file. Anyone know if they work? What happens to your old credit file?
Does anyone know how to repair credit without paying for a service? I really would like to repair my own credit without having to pay someone.I recently enrolled into a service online that lets me see my credit scores from all three credit bureaus but what can I do from there.Do I need to remove all or just certain ones?Any advice would be very apreciated.
How much do Credit Repair companies charge? Any idea how much it costs to have a credit repair company try and fix your credit report I know that credit repair is mostly a scam, but I'm curious about the actual amount
Has anyone used the free credit repair kit on this website? http://www.expert-credit-advice.com/free_credit_repair.htm I have a question about letter # 3 "Request to delete inaccurate information. If an item is inaccurate, do you have to give a reason why? Or can you just say it's inaccurate? The credit bureaus have to tell you why it is accurate right? Thanks for the heads up but I think your wrong on this one. There is no place to pay, the letters and e-book download without a credit card and dont ask me to signup or submit an email. I am not looking for a loan and my mortgage banker is not friendly.
Best way to repair bad credit? Short of the obvious,is anyone fimiluar with working with a specific "bad credit" repair company. I have been told they can pretty much wipe your credit clean and find that very hard to believe. I have tax leins and a discharged bankruptcy on my report and was told they can wipe that out.Very doubtful i believe, and dont want to just start throwing money out to these people with no results. Can anyone reccommend the best and safest solution in repairing my history and what actually can be removed?
How to repair credit in my case? Currently my credit score is very low as i did not make any payments since1999 and so on because of which 3 of my Credit Card companies charge off, reported loss or Cancel/Closed the accounts, and they in turn sold them to Collection companies who are reporting them every year to the credit bureau, by which my account looks so bad most recently they reported in December 2005, I know it's my mistake and i want to repair it, Some one told me that even if i repay the whole thing still it does not help me as the history of past 5to6 years still remains the same in you history is their any other way which helps me in repairing my credit, Please advice me a good solution.
Want to start a Credit Repair Business In Texas? I need help as were to start off...... I am looking to open a credit repair business (Texas) However I dont know what the law is regarding this type of business , Is there any special training or licensing required? any education (classes)? Is this regulated by a specific office?
would a credit repair agency be a good business idea? There is no type of credit repair that a person cannot do themselves, however it takes a lot work, and a lot of follow-up work. Would you pay a person to clean up your credit (if its bad) and do all of the leg work, legally?
Starting A Credit Repair and Financial Counseling Business? I currently work as a mortgage broker who specializes in bad credit loans. I have helped many of my clients understand their credit reports and what they can do to improve their credit. I love this part of my job, am good at it and would like to turn it into a source of income. I would like to take a credit repair client, obtain their credit reports and explain the information contained in them in detail. I would give recommendations about what they can do to raise their score and a detailed step by step plan of action. For an additional fee, I would dispute incorrect items on their behalf. I plan to keep my prices low and offer honest, realistic advice specific to the individual's situation and goals. What certifications or licenses do I need to start a business that does this? I did find out I need a $50,000 surety bond for this. How do I get that? I have checked my state's website and most of the information given there was pretty vague. I'd like to hear from someone who has done this before.
What is the best Credit Repair Service? I am looking for a Credit Repair Co. that is a bit smaller then the rest of all the major companies out there since i want personalized service at a resonable price, people who can actually help. If anyone knows of such a company, i would appreciate the help. Thanks
Credit repair? I want to repair my credit I know this will take some time however, I have come into some money and want to pay everything offf thats on my credit if I do so what will happen? will be removed? will my score get higher? I'm so clueless as to what will happen after I pay them all off and its kind of embrassing Im only in debt by 3000.00 how sad
Does anyone know how to repair credit without paying for a service? I really would like to repair my own credit without having to pay someone.I recently enrolled into a service online that lets me see my credit scores from all three credit bureaus but what can I do from there.Do I need to remove all or just certain ones?Any advice would be very apreciated.
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