Should I hire a credit repair company? This is by far one of the most widely asked questions by people who need to fix their credit and get their FICO scores increase.
The answer however is not that cut and dry, while some people should hire a company to get the job done most should not and you will find out why in the article below! Why You Do Not Need a Credit Repair Company The biggest reason you do not need to hire a company to fix your credit is the simple fact that you can get the exact same results for a lot less money, often a lot faster as well! This is a fact that not many people realize! First you must understand that these for profit companies are in business for one reason, to make money.
They make that money by charging clients a monthly fee.
So the longer they can charge you that fee the more they make giving them incentive to take longer then needed! In most cases you pay them a $75 set up fee then on average $99 a month.
So just doing some basic math shows that for 3 months of credit repair you will be paying $372! Plus what these companies will not tell you is that all letters and correspondence from the bureaus will be sent to you and you will have to mail, or drive it down to them so it is not really a hands off process for you! If I Do Not Hire a Company To Fix My FICO Score What Should I Do? The best way to get your FICO scores increased and your credit report cleaned up is to use a credit repair kit.
However not just any of these kits will do, you need to make sure that you buy a the right kit that is going to supply you everything you need to get to work! What Does a Good Credit Repair Kit Contain?
The answer however is not that cut and dry, while some people should hire a company to get the job done most should not and you will find out why in the article below! Why You Do Not Need a Credit Repair Company The biggest reason you do not need to hire a company to fix your credit is the simple fact that you can get the exact same results for a lot less money, often a lot faster as well! This is a fact that not many people realize! First you must understand that these for profit companies are in business for one reason, to make money.
They make that money by charging clients a monthly fee.
So the longer they can charge you that fee the more they make giving them incentive to take longer then needed! In most cases you pay them a $75 set up fee then on average $99 a month.
So just doing some basic math shows that for 3 months of credit repair you will be paying $372! Plus what these companies will not tell you is that all letters and correspondence from the bureaus will be sent to you and you will have to mail, or drive it down to them so it is not really a hands off process for you! If I Do Not Hire a Company To Fix My FICO Score What Should I Do? The best way to get your FICO scores increased and your credit report cleaned up is to use a credit repair kit.
However not just any of these kits will do, you need to make sure that you buy a the right kit that is going to supply you everything you need to get to work! What Does a Good Credit Repair Kit Contain?
- A Step By Step Plan To Follow
- Credit Dispute Letter Templates
- A Plan To Rebuild Your Credit History
- Tips To Manage and Pay Down Your Current Debt Levels
- Tips on How To Deal With Creditors
- Bonus Products To Help Yo Get The Most From Your Efforts
- How To Order and Read Your Credit Report
SHARE
