Do credit repair bureaus really work?

Home | Links | Contact Us | Bookmark

Financial Forum Search :

Financial Forum

Credit

Finance Discussion Forum

Advertising & Marketing Corporations Credit Insurance Investing Personal Finance Renting & Real Estate Small Business Taxes Business & Finance

Can I change the due date on a credit card bill?

Two of my credit card bills are due on the 31st. I get paid on the 1st only. Can I request to have my due dates changed so that I don't have to worry if I will have the money to pay my bill?
<...

I am worried about my credit?

I am 21 years old and I am in my last year of college (graduating May 2008) I had 3 credit cards that were all about 1.5 years passed due and in total about 2500 dollar debt. I paid one off in full ...

Last year I paid off all of my debt but my score is still very low, What can I do to increase it?

...

Can a credit card company randomly raise your APR for no reason?

I have a credit card and just looked at my statement- my APR doubled.
I called the company and they said they can't tell me why, due to 3rd party something or another, but will mail me ...

If I went negative in my checking account, will that affect my credit score?

...

I'm 20yrs old and I have a credit Score of 726?

is that good?? What can I do to raise it ? How long will it take me to reach 800?...

Where can i get a no hassle loan for bad credit in 24hrs?

...

Safe to give SS number?

Would it be dangerous to give someone my social security number, name, birthday, and address? It would be for a credit application but it is not for a certified car dealer, its one of those smaller ...

Is there a statue of limitation for collecting money on a debt? is there anything i can do to protect myself ?

i keep getting calls to collect on a debt from 1998. it was one of those sweepstake scams, i never recieved any mags after making a payment so i quit paying.( young n dumb obviously) now in 2006 they ...

Buying a house and credit score?

This is for my future information. What is the minimum that your credit score has to be in order to quilify through a bank to buy your first house? On a scale between 350~850. Thanks.
A...

My credit score is 553 what does that mean?

...

Can a credit card company take monies out of bank account if your delinquent?

The credit card I have is not associated with my bank account, though my credit card company has all routing numbers ...

Should i declare bankruptcy? I have a total of 15k outstanding from my credit card which i cant pay.?

I have a total of 15k outstanding from all my credit cards which i really cant pay. Should i declare bankruptcy? What is the consequences if i do so ?...

Is Credit Repair legal? what is good and bad about it?

...

Need advice on what to do?

I need to clean up my score-here's my awful history;
1 bankruptcy (2001)
1 auto reposession (2000)
3 cc's that have been sent to collection agencies (after bankruptcy) ...

Im 18 years old and would like to start building my credit. where do i start off?

i just turned 18 about 2 and a half months ago and would like to start building credit. i just took out a t-mobile cell phone under my name but dont know if that will help. any other suggestions?...

Which credit card do you prefer? VISA or MASTERCARD? or any reasons why i should not get any of the two?

...

How do I get my money back from Ebay if I didn't receive the item I bought?

I paid with paypal....

Do you think JP Morgan Chase is a horrible company?

I was with them for two years. Never did I pay late, and paid off balances before. But this one time I was late, they doubled my APR to 29.99% and have no plans on reverting it back to its norm. I ...

My daughters credit is being affected by my debts causing the house to be blacklisted. She has a credit report

she says the report has the house as blacklisted. How can this be?...

Brian H

Do credit repair bureaus really work?

Tyrone Biggums

Yes, but they usually charge a fee in the beginning. They say that it won't affect your credit score. These programs also will have your bills paid off fast.

Studly

First look at the link below, supplied by the FTC.

I have a very simple test you can do if you wish to hire a credit repair company.

Ask them to give to you , in writing, that they will "repair" your credit within "xxx" time. Make sure you get everything they promise in detail....and they at they agree not to accept any of you money until they have done everything in the agreement.

They will not sign it. Why? Because there is no way they can guarantee they will repair your credit. It's simply impossible.

But if they do sign it, go with them.

INACTIVE

There is nothing that a credit repair bureau can do to repair credit problems that are legitimate. You are entitled under the law to get copies of your three credit bureau reports: Experian, Equifax, and Transunion. You can review the reports and challenge any legitimate disputes. What on earth can a credit repair service do for you that you cannot do yourself??? They charge you money and promise you all kinds of things that legally they cannot change. Sure, they can dispute every entry but so can you. Save your money and use it to pay a bill. As for the reports they are free under the law so get yours TODAY.

wackywaitress2003

i don't know but why should you pay someone money to call creditor and ask for a payment plan when you can do that and there is no big charge

SPIFIMAN1

I quote from the 2007 Consumer Action Handbook. " Credit repair companies advertise that they can erase bad credit for a hefty fee. Don't believe them".

If you want to try a counseling service, call Consumer Credit Counseling Services, they are free and will work with your creditors to lower your monthly payments as well as your interest rates. I used them several years ago and was debt free in 36-months.

Your accounts will show as managed by credit counseling on your bureau but that's a whole lot better than showing as being delinquent.

Polito

They dont work, save your money. You can do it yourself. Get a free credit report and call all of does that have a negative on your credit report. Pay your bill on time next time and pay them in full.

mr.spock

Not really they also cost money that could go to your bills. I suggest you apply for credit and when your turned down you will get a letter with a code that you can use to get your credit reports free and then approach each entry to resolve all the issues yourself. Then pay all that are not disputed.

Enter Your Message or Comment

User Name:
User Email:
Post a comment: