Self Help May Be Best When It Comes To Credit Repair
You see the advertisements in newspapers, on TV, and on the Internet. You hear them on the radio. You get fliers in the mail. You may even get calls from telemarketers offering credit repair services. They all make the same claims:
Credit problems? No problem!
We can erase your bad credit 100% guaranteed.
Create a new credit identity legally.
We can remove bankruptcies, judgments, liens, and bad loans from your credit file forever!
Do yourself a favor and save some money, too. Dont believe these statements. Only time, a conscious effort, and a personal debt repayment plan will improve your credit report.
This article explains how you can improve your creditworthiness and gives legitimate resources for low or no-cost help.
The Scam
Everyday, there are companies nationwide that appeal to consumers with poor credit histories. They promise, for a fee, to clean up your credit report so you can get a car loan, a home mortgage, insurance, or even a job. The truth is, they cant deliver. After you pay them hundreds or thousands of dollars in fees, these companies...