If you type “credit repair” into Google® your search will come back with 18,200,000 results. How can a person possibly make an educated choice with those results?
Most companies will say they can “remove” items by challenging the accuracy of legitimate items on the consumer’s credit report because under the Fair Credit Reporting Act if the item cannot be verified in 30 days, by law, it must be removed.
While these tactics may provide a temporary boost in score they don’t give an accurate or complete summary to the lender. All they do is masquerade the problem and give an elusion of your creditworthiness.
So if they give you good credit…Are you really better off than you were before?
You haven’t learned anything from your past mistakes that will help you in the future. Your spending habits haven’t changed, and if fact you are probably going to get into more debt and trouble than you were in before you started.
If you fail to learn from the past you are doomed to repeat it!
Credit repair companies that charge huge upfront fees and make outrageous claims to fixing your credit should make you turn around and run! And if you believe what they say, I have some ocean front property in here in Arizona that I would like to sell you.
Everything that credit repair companies say that they can do for you can do for yourself, IF you have the right tools and education.
Here is a good analogy. Let’s say you have a leaking faucet. You could certainly start to dismantle your sink and plumbing and pipes, but if you were using a sledgehammer to do the job would it work? Or if you had the proper wrenches, would you know that you need to shut off the water supply before loosening any of the pieces so you don’t flood your house?
Probably not, that is why we have plumbers to do the job right the first time. They have the education, hands on experience, and the right tools to assess the problem and fix it properly.
The same applies to a credit repair company. Truthfully, I despise the term credit repair. That is why Credit Education Resources is so named. We have the experience and resources to properly educate our clients and optimize their credit potential. We use sophisticated analysis to create a realistic plan for credit management. We also offer a variety of tools that will help you manage your own credit.
Our goal is to create credit optimization.
Most companies will say they can “remove” items by challenging the accuracy of legitimate items on the consumer’s credit report because under the Fair Credit Reporting Act if the item cannot be verified in 30 days, by law, it must be removed.
While these tactics may provide a temporary boost in score they don’t give an accurate or complete summary to the lender. All they do is masquerade the problem and give an elusion of your creditworthiness.
So if they give you good credit…Are you really better off than you were before?
You haven’t learned anything from your past mistakes that will help you in the future. Your spending habits haven’t changed, and if fact you are probably going to get into more debt and trouble than you were in before you started.
If you fail to learn from the past you are doomed to repeat it!
Credit repair companies that charge huge upfront fees and make outrageous claims to fixing your credit should make you turn around and run! And if you believe what they say, I have some ocean front property in here in Arizona that I would like to sell you.
Everything that credit repair companies say that they can do for you can do for yourself, IF you have the right tools and education.
Here is a good analogy. Let’s say you have a leaking faucet. You could certainly start to dismantle your sink and plumbing and pipes, but if you were using a sledgehammer to do the job would it work? Or if you had the proper wrenches, would you know that you need to shut off the water supply before loosening any of the pieces so you don’t flood your house?
Probably not, that is why we have plumbers to do the job right the first time. They have the education, hands on experience, and the right tools to assess the problem and fix it properly.
The same applies to a credit repair company. Truthfully, I despise the term credit repair. That is why Credit Education Resources is so named. We have the experience and resources to properly educate our clients and optimize their credit potential. We use sophisticated analysis to create a realistic plan for credit management. We also offer a variety of tools that will help you manage your own credit.
Our goal is to create credit optimization.
2 comments:
Hi,
I greatly enjoyed looking through your blog and found some informative posts on finance.I have also some finance related web sites having more information regarding various financial problems and its solutions.So,I think it would be beneficial for both of us if we will join in a community and become link partners to each other which will help your blog/site in getting more Google values.If you are interested then please contact me at- davidsimonds007(at)gmail.com
Thanks,
David
Good information. I agree with your analogy of hiring the right people to do the job and not just anybody to repair or educate you on how to establish good credit. Your company seems to have the clients best intererest in mind. having said that, there is a product that offers self help credit education, "credit repair". Per the FTC - Federal Trade Commission, self help is best when repairing ones own credit. At http://www.AttractiveCreditSecrets.com they have developed just that. A comprehensive easy to follow 21 page guide and two 19 minute video tutorials designed for the lay person to increase their FICO credit scores. Check tem out. They are currently offering a FREE credit repair ebook just for checking them out.
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