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11-15-2015, 05:10 PM #1
Credit Repair
Can anyone recommend a good company for credit repair? Clients have asked how to get better offers, and I realized I don/t actually have much to offer them.
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11-15-2015, 08:56 PM #2
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- Aug 2014
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- 49
Credit Repair
Primebusinesslending.com ask for Nathan
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11-16-2015, 01:56 AM #3
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- Apr 2015
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- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
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I use finance suite . It cost 2500 but well worth it. Ask for TY.
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11-16-2015, 12:25 PM #4
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- Aug 2014
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- 194
Credit repair is a myth...
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11-16-2015, 12:29 PM #5
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- Oct 2013
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- New York, NY
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- 1,203
In the words of my father there are only two ways to repair your credit:
1. Pay everything on time
2. Wait
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11-16-2015, 02:15 PM #6
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- Jul 2014
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- Online
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- 965
True... but your credit score can change every other day- not just month to month. The smallest thing can impact your credit and it is pretty ridiculous how it all works when you break it down
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11-16-2015, 12:38 PM #7
So how would someone repair their credit?
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11-16-2015, 12:49 PM #8
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- Oct 2013
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- New York, NY
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11-16-2015, 02:12 PM #9
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- Jul 2014
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Credit Repair- Not a myth.
There are a lot of companies that promise to raise scores and take off negative impacts. I cannot vouch for all of them but I do have a personal friend that owns a credit repair company. They review the persons credit and whether they are over leveraged or have no credit- how to build their credit worthiness and negotiate/dispute on your behalf.
You can't magically make your credit perfect but you can gradually raise it in the time of someone having a cash advance and needing a better long term, low rate product.
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11-16-2015, 02:17 PM #10
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11-16-2015, 02:39 PM #11
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- Oct 2013
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- New York, NY
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11-16-2015, 02:46 PM #12
- Join Date
- Oct 2015
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- 53
Why pay someone to tell you what you already know. Pay off your debt and credit will improve, get a credit card, and if you cant get a credit card, get a pre-paid credit card.
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11-16-2015, 02:44 PM #13
Andy, that part is very well understood, it is the other parts, like clearing up unfair reports that can be removed that is more difficult.
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11-16-2015, 02:49 PM #14
It's my understanding that credit repair companies will contest many of the debts that show on your report with your creditors. The creditors are asked to provide proof that you entered into an agreement (the contract with signatures etc.) on the expectation that some will have lost it especially if the debt is dated.
The first time I ever checked my credit report, I was 22, and I learned immediately that my credit was bad. The reason being was that I had apparently been the victim of identity theft where someone had opened an Amex card in my name, maxed it out, and defaulted. Amex never ever contacted me about it, nor had any debt collector. I called Experian and Equifax about it and they helped put me in touch with Amex. I told them I never opened a card and asked for a copy of the signed agreement. They never sent it and the debt was promptly removed from my credit reports. No follow up was required.
This was a case where a debt actually wasn't mine, but it was still an exercise in the "prove the debt" is mine scenario in which the debt was removed and my credit repaired. I think that's a tactic credit repair companies use.
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11-16-2015, 02:59 PM #15
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- Jun 2015
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- 3,326
If you know hes credit is bad and he just did one of these credit repairs how can you submit him to an a lender in good conscience
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11-16-2015, 03:02 PM #16
A: If a client needs money now, and wants to know how he can become eligible for better offers in the future, this would be a god way to do it.
B: If his credit was bad from things which can be removed, how in good conscience can I get him an offer where he qualifies for better?
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11-16-2015, 03:50 PM #17
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- Jul 2014
- Posts
- 1,746
Credit repair is a lot like tax preparation. Can people figure out how to remove negative items and do the paperwork themselves? Sure. Hell, can people figure out how to make a sandwich? Sure, but they still go to Subway.
Point is, credit repair, as long as it's not attached to a bunch of crazy promises and it's intention is to remove erroneous information, can help a FICO leaps and bounds.
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11-16-2015, 03:52 PM #18
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- Oct 2013
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- New York, NY
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11-16-2015, 04:04 PM #19
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- Oct 2015
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- 53
And Subway is guilty of those outrageous promises too, have you ever seen a Subway commercial? Looks amazing until *Insert Name* behind the counter starts adding what's supposed to be fresh grilled chicken, but Im pretty sure is the same Purina chicken my dog eats for dinner.
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11-16-2015, 05:08 PM #20
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- Jul 2014
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- 1,746
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11-19-2015, 03:08 PM #21
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- Jun 2015
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- New York
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- 68
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11-16-2015, 04:05 PM #22
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- Jul 2014
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11-16-2015, 04:33 PM #23
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- Jul 2014
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mycreditrelief.net
Dennis isn't a person to sit in an office all day. He does local seminars and works differently than others. He gives you the information to better help yourself in the future and helps you establish trade lines based on your credit right now.
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11-16-2015, 05:10 PM #24
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- Oct 2013
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- New York, NY
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