What’s the Fastest Way to Boost My Credit?
News from Fox Business:
Dear Debt Adviser, I make pretty good money, but my credit score is low. What’s the fastest way to raise my score? I’ve looked for help through credit repair places, but I haven’t decided whether they’re right for me. I have paid off two credit cards and one jewelry account in the past 14 days. Can you help?
Thanks — Mark
Dear Mark, Yes, I can help. It’s good that you’re thinking carefully about using a credit repair service. In many cases, you’re paying a company to do things that you can do yourself. Plus, many of these companies are disreputable. They’ll take your money, further damage your credit and then disappear. You can fix credit yourself with some patience and a little guidance.
Here’s some background to help demystify the process. Your credit score uses historical data from your credit report to predict your future risk of default. The information on your credit report is usually an accurate reflection of your financial life. And finally, your financial life is a subset of the rest of your life. So if you’re having tough times, more than likely it will show up in your financial life, credit report and then credit score.
You have a low score, so I’m going to guess you have some charged-off, unpaid and/or seriously delinquent accounts on your credit report. The damage to your credit score has already…………… continues on Fox Business
Credit Repair Company Agrees to Pay $ 400000 Civil Penalty and Halt Illegal …
News from eNews Park Forest:
- 19 Jun 2014 10:20
- Written by Press Release
- Category: Federal and International
Washington, DC—(ENEWSPF)—June 18, 2014. The Justice Department’s Civil Division announced today that RMCN Credit Services Inc. (RMCN), of McKinney, Texas, and the Texas residents who own it, Doug and Julie Parker, have agreed to settle a f…………… continues on eNews Park Forest
Credit-Aid Software is the fastest way to repair your credit. It’s guaranteed to improve your credit score or your money back. It’s written by attorneys to u…