Credit Repair
PLEASE NOTE: The information contained in these pages should not be
construed as legal advice. It is merely a brief overview of what you can
expect. You should consult our offices for a full analysis of your situation to
determine if what is right for you.
An Overview
Credit Repair is a
way in which you can improve your credit score to make it easier to obtain
credit and possibly lower interest rates in the future.
Many consumers who go
through debt negotiation or bankruptcy have more than a few negative items on
their credit report that may prevent them from obtaining credit in the future.
While these same consumers may swear that they will never use credit again,
there are, unfortunately, times in our lives where credit may become necessary.
That is when credit Repair can help.
How does it work?
First, whatever debt
you have on your credit report must be eliminated. This can be accomplished by
paying the debt in-full, settling the debt for less or discharging the debt via
bankruptcy.
Once the debt is
eliminated, the credit restorers can start challenging some of the “black marks”
in your credit. These include foreclosures, repossessions, notations that
payments were late, etc.
By eliminating as many
of the black marks as possible, the credit restorers may be able to increase
your credit score giving you more freedom when applying for credit.
What’s Next
Call our offices. We
have experienced counselors that can answer your questions and help you
determine if credit Repair is right for you.
