|
asked: Do you think credit repair companies are always a scam?
| Yes |
|
5 |
| No |
|
15 |
| Somewhat |
|
18 |
| Total Votes |
38 |
| Please login to cast your vote. |
|
| Author |
Message |
|
Options 
Bookmark online
|
tracyrains
Guest
|
|
Subject: credit repair companies
|
|
|
Mon Aug 16, 2010 5:14 am
|
|
|
| I know little bit about credit repair companies.Credit repair companies are for the help of people they are not scam at all.If you want to go with credit repair companies you need to do work on it little bit.You should gain knowledge about these companies than try for it. |
|
|
Aaron
Joined: 08 Feb 2010
Aaron's page
Posts: 2675
48566 Magic Points
|
|
Subject: credit repair companies
|
|
|
Mon Aug 16, 2010 10:02 am
|
|
|
tracyrains, you can't say whether a company is a scam or real. It depends. Not all companies are helpful. You need to check out if at all the company you are going to take help from is at all a real and legal one.
_________________
Keep in touch  |
|
|
tracy
Guest
|
|
|
|
|
Thu Aug 26, 2010 8:13 am
|
|
|
| Never trust a credit repair company that asks you to pay before they render the service. This is a common scam – the so-called “company” takes your money, never gets back to you, and conveniently vanishes without a trace when people begin to complain |
|
|
Aaron
Joined: 08 Feb 2010
Aaron's page
Posts: 2675
48566 Magic Points
|
|
Subject: credit repair
|
|
|
Thu Aug 26, 2010 9:31 am
|
|
|
Hi,
Yes, this is very true. One should avoid credit repair agencies asking for upfront fees. It is also important to check if the agency is accredited with the Better Business Bureau.
Thanks,
Aaron
_________________
Keep in touch |
|
|
ashleywatson
Joined: 31 Aug 2010
ashleywatson's page
Posts: 4
41 Magic Points
|
|
|
|
|
Tue Aug 31, 2010 12:13 pm
|
|
|
| There are many reputable credit repair companies in existence today, there are also many scams being perpetrated on unsuspecting consumers. Like most credit scams, credit repair scams prey on those people who are feeling desperate and willing to believe even unreasonable promises. |
|
|
Aaron
Joined: 08 Feb 2010
Aaron's page
Posts: 2675
48566 Magic Points
|
|
Subject: credit repair
|
|
|
Wed Sep 01, 2010 11:38 am
|
|
|
Hi,
One should always avoid a agency asking for upfront fees. One can also consult his friends ans relatives about a credit repair agency.
Thanks,
Aaron
_________________
Keep in touch |
|
|
henry123
Joined: 27 Jul 2010
henry123's page
Posts: 14
180 Magic Points
|
|
|
henry123
Joined: 27 Jul 2010
henry123's page
Posts: 14
180 Magic Points
|
|
|
|
|
Tue Oct 05, 2010 9:51 am
|
|
|
| can some one here give me some details about that what is difference between repair and rebuild credit? |
|
|
DebtandTaxes
Joined: 29 Oct 2010
DebtandTaxes's page
Posts: 16
Location: Marion, IL
398 Magic Points
|
|
Subject: Credit Repair is not a scam!
|
|
|
Mon Nov 01, 2010 12:33 pm
|
|
|
Absolutely Not! Read The Following:
Raising Your Credit Score
There are several ways you can raise your credit score and improve your credit. The most popular and by far the fastest is to use a credit repair service. After many requests to research the top credit repair companies available online, this is what we have found... There are many options available and it does not surprise us that many people get taken by false claims and empty promises. If you are unhappy with your credit, and you are looking for a little help, then you will be glad to know that we have saved you the time, and bypassed the headaches of looking for the best affordable option.
DSI Solutions, a recognized leader in credit repair, has put together one of the most complete solutions for repairing your credit that we have been able to find anywhere. They take care of everything for you. EVERYTHING. After some research, we have discovered that this company has over 7 years experience, excellent verifiable results, and 30,000+ satisfied customers. They have legally repaired over 100,000 credit reports and their clients normally see results within the first 60 days. We highly recommend you check them out. This is recommended to anyone who has bad credit, or even less than perfect credit. You'll find out why you're paying more just to get less, and how they can help. It's a very affordable service, and this company really gets the job done. If you have late payments, collections, charge offs, or other negative marks against you on your credit report, it's costing you money and holding you back. They help a lot of people, and they're highly recommended.
Credit Repair Information
Details about your financial behavior and your personal identification information are contained in your personal credit report. This consumer-friendly report is sometimes called a credit file/report or a credit bureau. A copy of your credit report makes it easy for you to understand the information a lender would be seeing if they review your credit history. The typical consumer credit report includes four types of information.
By law, a credit report cannot disclose certain medical information (relating to physical, mental, or behavioral health or condition). Although they do not generally collect such information, it could appear in the name of a data furnisher (i.e., "Cancer Center") that reports your payment history however. If so, those names display in your report, but in reports to others they display only as medical payment data. Consumer statements included on your report at your request that contain medical information are disclosed to others.
Legal Information
In some states may also include overdue child support. Bankruptcy information can remain on your credit report up to 10 years; unpaid tax liens can remain for up to 15 years; other public record information can remain up to seven years.
Credit Information
Includes specific account information, such as the date opened, credit limit or loan amount, balance and monthly payment and payment pattern. The report also states whether anyone besides you (a joint account holder or cosigner, for example) is responsible for paying the account. Active positive credit information may remain on your report indefinitely, while most negative information remains up to seven years.
Important Factors To Look For On Your Credit Report:
* Account Name/Number
* Balance
* Status (Collection, Charge off, Previously Late, Paid, etc.)
* Credit agencies listing the item
* Important Dates (Open date, Close Date, Activity dates)
Most Important Above All Is Your Credit Score:
* 300-499 - Terrible
* 500-599 - Poor
* 600-650 - Fair
* 650-699 - Good
* 700-850 - Excellent
Personal Information
Is contained in your report and can include your name, current and previous addresses, telephone number, reported variations of your Social Security number, date of birth and current and previous employers.
Credit Strength
Two main factors determine your overall credit strength and are considered by all lenders and creditors before approving you for a specific rate. The worse these two factors are, the worse rate you get, or the more often you will be turned down all together for loans and credit lines:
* Credit Score (as determined by your both your positive and negative credit history)
* Debt to Income Ratio
No one can improve your debt to income ratio, only you can. It basically means how much money you make versus how much you already have credit you have extended.
Your Credit Score
If you have a low credit score however, this will also be one of the biggest reasons why you will always pay more to get less. Or worse, why you will get denied for the loan, or credit line you want. It is so important to your financial health to raise your credit score and improve your credit situation if you have poor or even just a few marks against you on your credit report. You will save more (tens of thousands over a period of years) and you will always be able to have more than someone with poor credit. It's just a simple truth.
Contact For a Free Consultation
_________________
Jeffrey Deam
President
Debt and Tax Reduction Services
Marion, Illinois 62959
866-254-4778
www.debtandtaxreduction.com |
|
|
mesy
Guest
|
|
Subject: help loan
|
|
|
Tue Nov 02, 2010 1:53 pm
|
|
|
Have a nice day!
I really need a large loan would be $ 10,000.
I live in Hungary. I want a short-term loan.
Me with a very high interest rate as well.
My family's life depends on it. I can offer as collateral for my own house. Cause any condition. I ask themselves if they can help me with my email address.
Thank you
mesy830@gmail.com |
|
|
DebtandTaxes
Joined: 29 Oct 2010
DebtandTaxes's page
Posts: 16
Location: Marion, IL
398 Magic Points
|
|
Subject: Accurate Info Can Be Removed!!!
|
|
|
Tue Nov 02, 2010 2:04 pm
|
|
|
Accurate information can very easily be removed if one is versed in consumer credit dispute and verification laws and procedures. It is done all the time.
_________________
Jeffrey Deam
President
Debt and Tax Reduction Services
Marion, Illinois 62959
866-254-4778
www.debtandtaxreduction.com |
|
|
Stacey
Joined: 03 Nov 2010
Stacey's page
Posts: 12
221 Magic Points
|
|
Subject: Credit scam
|
|
|
Wed Nov 03, 2010 7:37 pm
|
|
|
| I don't think all credit repairs are scams. You don't have to go to a debt consolidator company, you can also check with bankruptcy offices, and sometimes they offer consolidation and repair plans to avoid bankruptcy. |
|
|
xdarata
Joined: 07 Nov 2010
xdarata's page
Posts: 1
Location: Indonesia
6 Magic Points
|
|
|
|
|
Sun Nov 07, 2010 9:33 am
|
|
|
| I don't think so. |
|
|
sweetums
Joined: 09 Nov 2010
sweetums's page
Posts: 12
303 Magic Points
|
|
|
|
|
Sat Nov 13, 2010 1:39 am
|
|
|
| Some of this stuff is sooo interesting but soooo old. I need a new forum I guess |
|
|
edlenorth
Joined: 30 Nov 2010
edlenorth's page
Posts: 4
45 Magic Points
|
|
|
|
|
Tue Nov 30, 2010 5:26 am
|
|
|
Credit repair is getting most common and highly essential these days.
Most of the credit repair services makes false notes these days. So be cautious while going for such services.
_________________
repair credit score |
|
|
13% 
Previous 1, 2, 3, ... 15, 16, 17, 18, 19 Next 