Effective credit repair is often all about identifying faults and errors with the process a credit provider followed prior to listing a negative credit listing such as a payment default. The key is understanding the laws around credit reporting and comparing the process a credit provider followed with what they were legally required to do.Details
We all do it, we get carried away at Christmas and spend far more than we had planned to.
With credit cards it’s very easy to just buy it and worry about it later. The problem is latter comes very soon and before you know it you get a credit card bill you cannot jump over.Details
We often talk with clients that have unpaid default listed on their credit file that think if they pay the account the listing will be removed.
When a client is telling us about their credit issues they will often say “don’t worry about that one because I’m going to pay the account” they are saying this because they think if they settle the account the credit provider will remove the default.Details
At Clean Credit we are often asked to help people remove defaults that relate to credit cards and personal loans.
In many of these cases it is alarming how much unsecured debt some people have and how the payments on these debts often are well in excess of their income. While it is true that people need to be responsible for their own actions, I feel how this debt was originally approved also needs to be considered.Details
I recently read an article suggesting that credit repair should only be conducted by a legal firm.
While I felt some of the points in this article had merit I feel effective credit repair services can be provided by people that are not solicitors.Details
One of the first steps in helping people to restore their credit ratings is to conduct an investigation into the process the credit provider followed prior to listing the default. There is much a credit provider must comply with before they are legally able to enter a default against someone.Details