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Credit repair - What to Steer clear of in Companies - PowerPoint PPT Presentation

  • Uploaded on is a resource for guiding you on how to improve your own credit without the need for expensive credit repair companies. The site provides lots of resources on the whole process, a member's area where you get the latest updates, and bonus material which help you with your project. The author is an experience with budget, bankruptcy, housing, and credit counseling for the past 5 years.

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Credit repair - What to Steer clear of in Companies

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    1. Credit repair - What to Steer clear of in Companies

    2. Credit repair - What to Steer clear of in Companies • If you are the kind of person who is leaning towards applying for his own credit card, then by now you should be aware that in order for your application to be approved without hassle, you should have a good credit report and score. • Thus, if you have a bad credit report, then you may want to consider having a credit repair; and you may look for companies that can help you with such. However, in approaching a credit repair company, you should choose one that has a good reputation. Here are some things you may want to watch out for. “Slowly but Surely” • There may be times when you would encounter a company which can give you all-too-good promises, saying that they can fix your credit in just a few days. They may sound good; but you should know that repairing a credit should not be a hasty work. It should be done slowly but surely. Legitimate companies may use up a whole month to clean your record because they need enough time to make changes in your credit report.

    3. Credit repair - What to Steer clear of in Companies(Continue…) “The New You” • Scam artists may encourage you to apply for a new social security number so that your previous credit history will be wiped out. They may get you an Employee Identification Number which is used by businesses to give information regarding their finances. “Too Much for an Asking Price” • You should also stay away from companies who are asking too much money from you for their compensation even before they start their job. • You should not give any amount to the company when until they have finally reviewed your condition and status. • At this present time, you should know how to be vigilant. A lot of people may take advantage of you and your condition; thus, you should have knowledge of what to avoid when looking for people who may help you with your credit problem. • Thus, you should know who to approach when you are in need of help. Credit repair will not be too much of a hard work if you have good people to help you with the works.