Credit Counseling for Credit Repair
You may come to the decision that going through repairing your own credit is not something that you can complete without some outside help. There is no shame in having to locate some help because of your emotional reactions or poor money management ability.
If you choose to take the professional route, you also need to be very thorough in you investigations of the third party options available to you. The public is bombarded with paper media and online information about credit repair. Beware of a lot of this information. Many of these almost unbelievable claims are just that "unbelievable."
If you are going with the third party option, you will need to conduct a serious investigation of the agencies you select for consideration. There is some basic information that you are going to require prior to selecting an agency to meet your needs. Shop and compare.
There will still be more research needed before you will be ready to choose your agency. You will need to know what is "must have" information. You should get information from more than one agency. Comparison shopping is definitely in order.
You need to be able to get the basic information about a company such as its services and fees without being asked for any of your financial situation. If you are not provided with this information do not go further with such an agency.
When you find an agency that responds to your satisfaction during a first contact you can then ask further questions. You're going to want to find out how the process may affect your credit report, debt management services, additional money management help. You also need to know how the agency will keep you informed about their activities.
One of the most important pieces of information you will need to know is about any FEES CHARGED by the agency. Some may require large sums of money upfront along with large monthly fees. How could this work for you if you already can't pay your debts. Make sure you can handle any fees charged even if the agency says it is not for profit.
Using credit agencies requires effort on your part, but you should be able to find a reputable agency to partner with you, and have your interest at the forefront.
If you choose to take the professional route, you also need to be very thorough in you investigations of the third party options available to you. The public is bombarded with paper media and online information about credit repair. Beware of a lot of this information. Many of these almost unbelievable claims are just that "unbelievable."
If you are going with the third party option, you will need to conduct a serious investigation of the agencies you select for consideration. There is some basic information that you are going to require prior to selecting an agency to meet your needs. Shop and compare.
There will still be more research needed before you will be ready to choose your agency. You will need to know what is "must have" information. You should get information from more than one agency. Comparison shopping is definitely in order.
You need to be able to get the basic information about a company such as its services and fees without being asked for any of your financial situation. If you are not provided with this information do not go further with such an agency.
When you find an agency that responds to your satisfaction during a first contact you can then ask further questions. You're going to want to find out how the process may affect your credit report, debt management services, additional money management help. You also need to know how the agency will keep you informed about their activities.
One of the most important pieces of information you will need to know is about any FEES CHARGED by the agency. Some may require large sums of money upfront along with large monthly fees. How could this work for you if you already can't pay your debts. Make sure you can handle any fees charged even if the agency says it is not for profit.
Using credit agencies requires effort on your part, but you should be able to find a reputable agency to partner with you, and have your interest at the forefront.
About the Author:
With unprecedented challenges in the credit markets it?s more important than ever to have excellent credit. For more information check out Rob Kosbergs' Detailed FREE Report on Maintaining and Repairing your Credit Score by going to Bad Credit Repair for your FREE information.
posted by Debt Consolidation Loan at
3:12 PM
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