ARE YOU SUFFERING FROM BAD CREDIT?

Suffering from Bad Credit?

Depending on your position in life, credit may be one of the most important aspects of your financial life.  Obtaining credit, and handling credit wisely once you have it, is one of the most important lessons you will learn in life.  Unfortunately, how to manage your credit is usually a lesson learned through trial and error.

As you probably already know, it is not difficult to damage your credit rating. Many things negatively impact your credit score (FICO score), including late payments, divorce, bankruptcy, etc.  It can be hard to expunge these negative events from your credit.

A good first step when dealing with bad credit is to obtain a copy of your credit report to see just where you stand.  Examine your credit report carefully and report any errors or omissions to the credit-reporting agency immediately.  It is not unusual for a credit report to contain errors, so pulling a copy of your credit report and examining it carefully should always be your first step toward repairing your bad credit.  A recent law passed allows you to get one free credit every 12 months. 

You can go to https://www.annualcreditreport.com/cra/index.jsp here to get your credit report.  If you discover incorrect items on your credit report, you should immediately contact the credit report issuer to dispute the items. 

If you have paid off all your debt and are just trying to clean up bad credit from past debts, you are already one step ahead.  However, most people with bad credit are likely to still be in debt.  Paying off your existing debt, and making sure you do not incur any new debt, is a vital first step toward cleaning up your bad credit and restoring your good credit rating.  Any time you deal with bad credit, it is a good idea to sit down and make a list of everything you owe and to whom you owe it. This can be a difficult thing to do, but it is necessary to get a handle on your debt and improve your credit in the future. 

Once you know who you owe, it is time to come up with a plan to resolve your debt.  This is where Professional Debt Advisors can help you.  While we do not clean up items on your credit, we can help you to quickly reduce your unsecured debt.  Call us toll-free at 866-559-3328 or simply fill out the form to the right for a free consultation.  We will discuss with you the best way to help you get out of debt.  While debt resolution is not good for your credit rating, it is a necessary first step.  As long as you have the debt, your debt to income ratio will be unfavorable which can hurt your credit worthiness.   

The benefit of our organization is our excellent reputation and standing with creditors. When we contact your creditors on your behalf, they know we are trustworthy and honest. We have dealt with hundreds of credit card companies, banks, lenders, law firms, and collection agencies.  We speak their language, and we know what it takes to work out a mutually beneficial settlement offer to get you out of debt.

Once you are free of your unwanted debts, it is important to repair your credit as quickly as possible.  A bad credit rating is something that will follow you around throughout your life. The bad credit will matter a great deal the next time your need to purchase a car, rent an apartment, buy a house, or even apply for a job.  It is important to deal with your bad credit aggressively. 

 

There are specialists that can help you to clean up your credit.  While we do not recommend any one in particular, it is safe to say that there are reputable credit repair agencies and law firms.  A general rule of thumb is to only pay for their services when your credit has been repaired.  Do not pay everything up front in the hope that they will successfully clean up your credit. 

Call us today to discuss your bad credit and how we can reduce your debts.  To receive your free consultation please fill out the simple form on the right or call us toll free at 866-559-3328 and inquire about our debt solution. Become debt free today!