3 Reasons You Need Professional Credit Repair Services
Posted on: 13 February 2019
A fact of life is credit makes the world go 'round. If you have good credit, you don't need to worry. However, if your credit is less than stellar, it can make life far more difficult. People need credit, and they need credit to get credit, but getting credit can be extremely difficult when you don't have any credit or worse, you have bad credit. If you're tired of struggling on your own to repair your credit, it's time to consider a professional credit repair service. Here are three advantages of using a service.
Professional Credit Repair Companies Know The Laws
Debt collectors can be like a tenacious dog who won't give up their bone. They will contact you nonstop, sometimes even bordering on harassment. It can be difficult for the average person to know what falls under allowable debt collection practices and tactics that cross the line. A professional credit repair service knows the ins and outs of the Fair Credit Reporting Act (FCRA) and the Fair Debt Collections Practices Act (FDCPA).
Professional Credit Repair Companies Will Look For Mistakes
Deciphering your credit report from one company is difficult enough but trying to do it on all three is virtually impossible. They frequently show different information and trying to contrast and compare can be a nightmare. It's especially difficult when you have a lot of old debt and can't even remember anymore what is legitimate and what isn't. A professional credit repair service will take the guesswork out of the equation and look for discrepancies you may be able to have removed.
Professional Credit Repair Companies Will Evaluate What You Should And Shouldn't Pay
Sometimes beginning to make payments again on an old debt can reactivate it when if you had just left it alone, it would have fallen off your report shortly. The last thing you want to do is to begin paying on old debts that may not even be valid or will soon be irrelevant. You want your money to go where it's going to make the most amount difference.
Some debts weigh more heavily than other debts, too. For example, if your end goal is to purchase a house, paying off an old credit card bill is more important than concentrating on medical bills because banks don't weigh medical debt against you as heavily as they do other types of debt. A professional credit repair service, such as My Credit Focus, will let you know exactly which bills you should be concentrating your efforts on.
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