Can I Pay Someone to Just Repair My Credit?
July 15th, 2009
Categories:Home Buyer Education
Need Help with Credit Repair?
We’ve all seen the countless ads for companies offering to fix your credit for low fees.
The truth is those companies can’t deliver and often you don’t find out until after you have paid them hundreds or thousands of dollars in fees.
The Federal Trade Commission, (FTC) states “self help is the best way to go when repairing credit.”
The truth is that no one can legally remove accurate and timely information from a credit report. Which means if you’re guilty of paying the credit card two weeks late every month, no one can fix that problem and it will be on your record for the next 7 years.
No-Cost Investigations
As a consumer, you are entitled to a no-cost investigation of your credit report. Think about it from this angle, credit card companies (at will) flag your account as late, past due, etc. They often report those issues without notifying you or giving you a chance to set the record straight. In which case you are entitled to a no-cost investigation of Read the rest of this entry »
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