Credit Repair Services – Important Suggestions
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When you are out seeking quality credit repair services, what is the most important thing you look for? The most likely answer would be, “the fastest way to improve my credit score.” But this is exactly the wrong approach – one that will lead to choosing a less than optimum credit repair agency and a […]
Do this seem like a confusing statement? Here is the reason.
When you’re looking to get your credit fixed “fast”, you are leaving yourself open to dishonest credit repair services that use this “fast credit repair” idea to lure unsuspecting victims.Have a look at these five tips in order to choose the best credit repair services, while avoiding unscrupulous credit repair companies.
Tip No 1 – legitimate credit repair businesses will not advertise quick-fixes to repair credit. In fact, a legitimate credit repair agency will make you fully aware of what credit repair services to expect. You will be presented a contract that clearly spells what services will be performed. Be sure you do have a contract; and if a contract is not forthcoming, there can be no doubt that this agency is out to rip you off.
Tip No 2 – All the above board credit repair companies will inform you of your rights and guide you regarding the credit repair services you can do for yourself. Things such as how to get your free annual credit reports, finding the mistakes in your report, how to dispute those mistakes, sound financial management and the like, are those things you can take care of for yourself.
The company will make you aware of what you can handle on your own, and what will better be left in the hands of professionals. The value of the credit repair services that company is offering can be determined based on these kinds of interactions.
Tip No 3 – No legit credit repair agency will ever hint at using illegal means. You will run across companies who promote the idea of “second” or “brand new” credit reports, complete and guaranteed removal of bad entries, increase of a poor credit score overnight and so on.
Please! Before you take such claims seriously, visit the Government site of the Federal Trade Commission (FTC) and read what it says about repairing your credit score and report. This will make you aware of the fact that the credit repair services these types of companies promise are fraudulent are even worse, illegal.
Tip No 4 – All reputable credit repair agencies offer, among their services, quality counseling without additional charge. As we’ve seen, a reputable credit repair firm is always prepared to help you become financially self-sufficient. They will be prepared to offer you top-quality credit repair services while at the same time, they will be happy to teach you what you can do on your own. If the agency is unwilling for you to learn about credit repair, contacting a credit bureau, and/or convince you that you cannot do anything on your own, that is a sure sign you are about to be scammed.
Tip no 5 – I am leaving the best tip for last, because this is what will remain in your mind long after you finish reading. Check out the affiliations that your chosen credit repair agency has. For instance, many leading companies of this industry align themselves to the codes of conduct laid out by the ECRA (Ethical Credit Repair Alliance), which ensures that you – the customer – get the best possible credit repair services. Make certain your company of choice is a member of a reputable regulatory agency.
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