Posted on: 11th Jun, 2012 01:45 am
Hi there… can anyone recommend me a company that can help me fix all of my credit reports? I have a score of 640 and want to be in the 700 club so I can buy a home on my own.
Hi Selvin,
Rather than taking help of a credit repair company to fix your credit, it will be better if you could do it on your own. This will help you in saving the money that you would have otherwise paid off as fees to credit repair company.
Thanks,
Jerry
Rather than taking help of a credit repair company to fix your credit, it will be better if you could do it on your own. This will help you in saving the money that you would have otherwise paid off as fees to credit repair company.
Thanks,
Jerry
Adding to above, if you do it on your own, its rather easy. The credit repair companies take it a step further and find a loophole to delete certain items, that are in fact real accounts, and they will reappear. To do it yourself, you can work on anything that is negative. Such as any public records, liens, judgements or collections. Try to work with the creditors to pay for delete. Meaning if they agree in writing to accept a payment from you, they will delete the account from credit report. Then try to pay down all your revolving or installment loans, to less than 50% of the balance. Having high balances is a negative on your credit. Dont close accounts either, having longer open accounts is a good thing. Move higher balances to lower balance cards if possible.
Thanks for your opinion, Guest!! :)