Credit Repair Advice

Do you ever see commercials that say “Bad credit? No problem!” or “We can remove bankruptcies from your record forever!”? Let me give you some friendly advice…don’t believe these claims about your credit.

The fact is there is no quick fix to make your credit good again. There is no magic wand that anyone can wave that will give you triple A credit. It just isn’t going to happen.

You can improve your credit report on the up and up but it will take time, a conscious effort on your part and sticking to a debt repayment plan. You will have to pay off your debt.

Every day the media bombards us with companies that target people with poor credit ratings with outlandish promises that just are not true. They promise them that for a fee they will clean up their credit so you can get a new car or a home loan or a personal loan. Wrong. They can’t do it and they have just suckered you out of your hard earned money.

A little credit advice when you are trying to repair it. If you follow illegal advice and commit fraud you may find yourself needing a lawyer to get you out of the hot water. It is a Federal crime to lie on a credit application, or to misrepresent your SSN. You could be charged with mail fraud if you use the mail or internet or the telephone.

Just because you may have bad credit doesn’t mean it is the end of the world and it doesn’t mean that you can’t get credit. All creditors are not created equal. They look at your credit in different ways. Some may look at recent years to evaluate your credit and therefore give you a break.

There are a lot of people out there giving credit repair advice. Some of it is good and some of it is not so good. You have been diligent to try and clean up your bad credit. Use the same discretion about repairing your credit and you will do fine.