Thank you for all the answers on my first question now here is another one for you.. The mortage company that we went to said that if we paid off all of our creditors and showed proof that he can raise our credit score by 100-150 points. But we would have to pay him to do that.. Can that happen? Thanks, Lisa
If you pay off all of your debt your credit score will go up on its own. Depending on the amount of CAs listing on your credit maybe 100-150 points. You dont need to pay him. Send the DV letters and then get PFD settlements. It will do more for your credit than anything else. _________________ ****************************
Free sample letters,
info on paying off payday loans,
and quick credit repair tips.
Pesonalized credit repair advice in the forum:
Sounds to me like you need to find another mortgage company. There is no reason you should have to pay anybody to increase your credit score if you are paying off your own debts. I smell a scam in the making... _________________ Scott McKay
Joined: 27 Jun 2006 carol's page Posts: 1299 Location: Los Angeles, California
I too think there is no need to pay any amount for improving your credit score to anybody. This is because if you pay back your debt by coming to a pay for deletion agreement with your CA, the negative element will automatically be removed from your credit report after full payment of your debt and your score will improve. So why pay extra money for that. _________________ Keep in touch
crorkz matz Guest
Mon Aug 04, 2014 11:21 pm
EVFTFv I really enjoy the article post. Really Great.
Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.