Service for reasons of repair-5 credit that should not use a credit repair!

Every day, consumers are paying large sums of money to companies that promise a quick credit trying to deal with conflicts, improve their examinations and obtain a good credit score repair FICO. And almost all the time, they discover that their money is totally wasted.



Having good credit may help you much better interest rates for a car or a home loan, as you know. A bad credit history can be glued with loans that carry high interest rates and terms that are difficult to get out. Sometimes, some of their bad credit can cost a necessary job.

Offers you can find attractive, but the buyer 'is' Beware! There are some credit repair companies: legitimate, but many of the statements which are usually announced false and only one way to part with your hard drive earned money.

If you are thinking of signing a contract with any credit repair service at least you should know their rights. Please note the following five reasons why not to do: 1. If the credit repair company does not charge a fee confirmation. Repair services of the organizations of credit repair Federal, which was enacted to take charge of deceptive trade practices and abusive credit repair, which makes it illegal to make companies charge to consumers before any credit. Therefore, it is against the law for the payment of enterprises credit repair you demand until fully completed the repair, promised.

(2) If the credit repair company said will be for your account, contests of the information in the file, including the elements that you know is correct, then be careful. If the service is lying, or challenge what you know is accurate, then there is a reputable company. While you may dispute information in credit files that you think is not correct, any credit repair company has the right to remove any report of current credit and precise information to anyone.

And if the information in the file is completely correct, good or bad, only the passage of time can reduce the impact of negative information. Negative information, such as the late payments can stay on your credit file for seven years. And a presentation of personal bankruptcy can take ten years. Any negative information on your credit rating decreases as the years pass.

3. prior to signing any contract, the company must provide a free copy of "consumer credit rights" under federal and State law the FTC. These guidelines describe clearly what can and cannot do the service.

4. the company can say that you can get a new credit identity to apply for an identification number of the employer or EIN from the IRS (Internal Revenue Service). We can say that you can use this number instead of the number of your social security number. But if you do not have a business, then this is not a legitimate way to repair your personal credit history. And it is a federal crime to obtain an EIN under false pretences.

5. If the credit repair service tells you that it must not be in contact with a reports of credit agencies or credit bureaus, you don't want to hire me.

In summary, you can easily clean up your credit report and repair your credit history report only. A credit repair empresa-promesas that can do it all, can do it yourself. It is not necessary for a credit repair service. Many are immoral and just go to get their money and run. Some even charge a monthly fee for credit repair.

With these tips should be well informed before making a decision about taking any credit repair services. You can easily get your personal credit or free online business report. Why not apply for and obtain your credit report free of Equifax, Experian or Trans Union later, 3 agencies or credit agencies, do a little research and fix your credit history for you? Actually it is not difficult at all.