credit repair san antonio
Credit Repair - Fact or fiction?
In this world of television and internet it is rather difficult sometimes to decipher truth from fiction. Also, due to the speed of which information travels word gets around with an astonishing rate (whether bad or good). One of those subjects who have gotten negative press lately has been the credit repair industry.
Credit repair san antonio
You've heard things such as, "Start a brand new credit file today!", or "Improve your FICO by 300 points!". But, you've got also heard many negative things. Many of them linked to the two sayings above. First, I would like to separate fact from fiction.
Fact
You can repair your own personal credit. You can also hire someone to help you repair your credit. But i want to explain the real difference between the two. First, employing a specialist could cost you hundreds or even lots of money with "no guarantee" that anything will probably be fixed. Also, there have been many so-called specialist supplying illegal repair information!
In fact perhaps you will be motivated to dispute everything on your credit report as erroneous. Now, 80% of information reported to the three major credit reporting agencies (Trans Union, Experian, & Equifax) is erroneous information. But, in line with the FTC this really is fraud, which can be against the law.
The truth is you do not need a credit repair company or any specialist inside an industry (legal or else) to assist you repair your own personal credit. You've within your hand the opportunity to self repair your credit. With merely a small-time investment it is possible to repair your own personal credit.
Repair Myth
The myth is straightforward, which you cannot repair your personal credit. It has been a myth perpetuated by unethical folks who suffer from marred the credit repair industry. Are credit improvement specialist like this? No, they're not. Some are very professional, courteous and honest. They do not ask for funds ahead of the repair has had place and definately will assist you with your credit repair needs.
However, you are able to repair your personal credit. There were recorded installments of credit repair businesses telling their customers not to go directly to the financing bureaus (when it is your right to try this). It's also your right (in line with the FTC) to receive a free of charge annual credit file (of most three major bureaus).
As you can see, you can find excellent resources available (straight from the government Trade Commission) to work with you within your credit improvement needs.
Credit Truth
In conclusion, there is a directly to repair your own credit. Repair just isn't fiction or myth, but truth that will change your life for the better.
