Do you have a bad credit? If you do, this might be the right time to consult a credit repair counselor, with Guardian Credit Repair in Portland Oregon, regarding your bad credit. A credit repair counselor is an expert in handling credit repair; they may be the one to help you have a better understanding of your credit report and assist you in finding out your credit score. And as your counselor, they may also point out the areas that you may want to focus on to help you have a better credit rating.
Because of the growing complexity of your credit scores, many people have sought the help of credit repair counselors and other professionals to assist them as they face their debts. In America, more than 90 million have at least a 20 thousand in debt, that is not even including their mortgages. A great portion of this can be attributed to improper credit card usage. In future blogs we will talk about credit utilization.
A professional credit repair counselor will work hand in hand with your creditors to lend a hand to you as you perform your obligation. At Guardian Credit Repair we can arrange for a debt consolidation loan from a debt management company so that you may pay your debts easier. Guardian Credit Repair will work for your favor so that you can get better and lower interest rates, and we will work hard to lessen the amount that you are paying off as of the moment. It would be their tough job to form a bond with your creditors so that you may get better terms for payment.
You have to visit your counselor monthly so that you may discuss with him all matters relating to your finances. And, even after you have paid your debts, your counselor will stay with you to put your finances in order. Your counselor will continuously guide you to the right path in managing your finances. At Guardian Credit Repair we offer 13 different products to help in your finances it is called the Financial Education Services Protection Plan and it is only $87 per month
We want to make sure that you stay out of incurring problems, which you may not be able to handle. Guardian Credit will make a financial plan with you, and it will involve inquiring into your finances, taking into consideration your resources, and finally a budget is made to be followed from then on.
As you decide to work with a counselor, you should be certain that you have made a careful research before you sign any contracts presented to you. You may want to visit the Chamber of Commerce just to check the reputation of the debt counselor that you are eyeing to work with. Guardian Credit Repair works with Financial Education Service they have been in business for over 12 years and are certified with the Better Business Bureau with an A+ rating.
Be sure to choose the right and the best credit counselor for you. One with good references will help you evaluate the ability of the counselor and his power to help you with your credit repair. The good ones will inform you professionally of their fees, and he will put into writing all of your transactions with him. Right away, they will give you an idea of what to expect from their work and all other details that concern their services.
Your credit score is what banks and other institutions use to check if they should approve your purchase, loan or job application. Of course, this could mean the difference between getting approved or denied. If you have been denied because of bad credit than getting your credit repaired is important.
If your credit score is below 600 then Credit repair is necessary. To give you an idea how this is calculated, everyone starts out with a good score but the moment you are late on a payment or a mortgage, the affect on your credit scorec an be bad.
If your credit score is bad, does this always mean you will not be able to get a loan? In some cases no but you will get rates which are much higher compared to someone who has a good credit score.
To fix your credit rating you need to start paying off old debts and making sure that it does not happen again. It does not get fixed overnight, because the amount of money you owe might be too big and most of us did not get into this situation overnight. You can fix your credit by yourself or have Guardian Credit Repair do it for you.
Fixing your credit is like fixing your car if you don’t know what is wrong you can’t fix it. To find out what is wrong with your credit score, you need to get a copy of your credit report you can get the reports from one of the three credit agencies namely Equifax, Experian, and Trans Union.
When you have the credit report in your hands, look what is on it. If you know that certain items have already been resolved, send a letter to that credit agency together with the supporting documents so your credit report can be corrected. If you have many items Guardian Credit Repair can help you fix them fast and it is only $87 per month.
For those who have outstanding balance, you need to pay for it before you can get a settlement letter which should also be given to the credit agency for filing. In some cases you can negotiate a lower pay off.
Surprisingly, credit repair may be as simple as borrowing money since your credit score may not improve unless you apply for a loan. You don’t have to borrow a lot since a small amount like $500 is enough to get the ball rolling. Again, just make sure this is paid in the agreed upon time and in full.
Credit repair may be simple or complex and if you can’t do it alone don’t be afraid to ask help from a credit counselor. It does not take long to start improving your score. You need to keep up on the process. As mentioned previously if you feel overwhelmed ask for help.
Are you wondering whether your credit needs fixing or not? Last time you checked your credit you did not know if anything was wrong, but now a few years later you are not sure. Maybe, you know that you need credit repair but you’re unsure whether to do it yourself or pay for the services of a credit repair company? Or perhaps, you’re about to get a promotion and you’re not sure what your credit score looks like.
Did you know 80% of credit reports mistakes or outdated accounts. Your credit score is a major factor in any of your large financial investments: credit and loan approval, interest rates, the amount of down payment or mortgage type on your home, your premium on you auto and homeowners insurances, your ability to lease or purchase a vehicle and now it has even become a deciding factor in job qualification! There is no room for error, yet 8 out of 10 people are losing out on their hard earned money because of these mistakes!
If you have decided that you could use some credit repair here is some simple tips.
If you’re going to do it yourself, get prepared by reading credit repair books, searching the Internet for advice from experts, purchasing a do-it-yourself credit repair kit and so on.
As you read, what you will notice is all the experts advise you to get a copy of your credit report. If you think that only finance companies, banks and merchants can ask for a credit report, you’re wrong.If you are asking for your own credit report, then certainly you can get one. You can get a free report here https://www.annualcreditreport.com/ We advise you get your credit reports from the following credit bureaus: TransUnion, Experian and Equifax because most financial institutions usually base their decisions one of the big 3 credit bureaus.
Now you have your Credit Reports take your time and go through your reports line by line to see if there is any mistakes or outdated or erroneous items now check your personal records because you’re certainly not the only Lisa Smith in Washington, D.C. and who knows if the other Ms. Smith has really bad debts that were somehow mistakenly listed under your record? It pays to be cautious, okay. You’ll be surprised to know that approximately thirty percent of credit reports contain items. So who knows if you’re one of that thirty percent? If you just can not do it it yourself you can get a Professional Credit Repair Service, but remember to check them out very good because there are many scams out there. We are Guardian Credit Repair, and we Protect - Repair - Educate