Most Recent Articles in Credit Repair

• Understanding Collection Agencies

  by Janet Lacey

  Some borrower can be confused with the reason why collection agencies or CAs are more than willing to exert full efforts in collecting debts. Collection agencies like all other businesses are profit based companies; they give these collection efforts in exchange of percentages and allowances from the collected debts. Most … (more) March 27, 2010

• Understanding Collection Agencies

  by Janet Lacey

  Some borrower can be confused with the reason why collection agencies or CAs are more than willing to exert full efforts in collecting debts. Collection agencies like all other businesses are profit based companies; they give these collection efforts in exchange of percentages and allowances from the collected debts. Most … (more) March 11, 2010

• Major Rights in Availing Credit Repair Services

  by Janet Lacey

  Given that there are many scam credit repairing companies that offer instant repair services there are still those that are legally assisting credit account holders with the procedures needed to be done in doing credit repair. After the passing of the Fair Credit Reporting Act or FCRA that entitled every … (more) January 28, 2010

• Instant Credit Repair is usually Illegal Credit Repair

  by Janet Lacey

  The need for credit repair has made a lot of companies to claim that they are legitimate entities that can fix credit reports and FICO scores in an instant. More particularly after the biggest credit crunch ever recorded in the financial history, these companies sprout out to operation as if … (more) January 21, 2010

• The Possible Crimes of Credit Repair Companies

  by Janet Lacey

  Everyday many individuals are made to believe that credit repairing would require professional help from credit repair companies. Credit account holders are continually bombarded with advertisements that make everything appear helpless and irreparable unless a corporate and professional help will come. This is the advertisement plan of most credit repairing … (more) December 20, 2009

• Common Mistakes in Credit Repair

  by Janet Lacey

  Borrowers can end up in many ways in terms of their financial stability, some become relatively better other become worse. Nonetheless, all borrowers are always burdened with the task of appearing credit worthy in the eyes of their prospected creditors and even investors. The volatility of the whole financial market … (more) December 19, 2009

• What Can A Credit Repair Firm Do For You?

  by Janet Lacey

  If you are in a bad credit situation, then you might find people advising you to go to a credit repair agency. The credit repair agency nowadays is being seen as the be all and end all for people with bad credit scores. These agencies are supposed to remove bad … (more) December 4, 2009

• How To Identify A Legitimate Credit Repair Company

  by Janet Lacey

  With a large number of Americans finding themselves in bad credit situations, credit repair agencies are having a field day. Unfortunately, a majority of these so called credit repair firms are frauds, which have been created only to cheat hapless citizens out of their money. With promises of mending bad … (more) November 30, 2009

• 5 Reasons One Should Go For Credit Repair

  by Janet Lacey

  Most people live under the impression that while a bad credit score may prove to be a hindrance when you want a new credit card or a loan, it does not influence any other area of life. However, this is absolutely not true. While a bad credit score will definitely … (more) November 26, 2009

• What Not To Do When Repairing Your Credit

  by Janet Lacey

  The 6 major credit repair mistakes that you should avoid if you seriously want to improve your credit score: Not Getting Your Credit Report Regularly: Current law authorizes you to get a free credit report from each of the credit reporting bureaus once an year. That means you can … (more) November 17, 2009