0
They can be a great idea. Credit repair is something you can do for yourself for free, however it can be time consuming. If you feel you do not have the time or patience to do it yourself, or that your time is better spent doing other things, then hiring a credit repair agency to do the work for you makes sense.
After all, we can change the oil in our vehicles, but how many of us out of conveniece take the vehicle into a mechanic to do it for us? Credit repair agencies are great for convenience.
What else can I help you with?
Buy More With Good Credit?
If you want to purchase a house or car, the best thing to do is to repair your credit. If you have repossessions or bankruptcies, or even a divorce on your credit history, it is a good idea to contact the creditor and get started improving your credit rating. To repair credit is easy. Find a store that will let you make payments and make them on time, or buy a car from a car dealer that reports to credit agencies. This will increase your credit rating, making it easier to buy bigger things.
How do you register with credit agencies?
Once you apply for credit, it will automatically establish a record with your information. It is a good idea to have proper knowledge in handling your credit affairs.
What happens to bad credit after seven years?
Typically, specific accounts will not be reported to the credit agencies after seven years, whether in good or bad standing. However, check your credit reports periodically. Not only is this a good idea to prevent fraudulent activity, but sometimes accounts continue to be reported after the seven year mark.
Who came up with idea for America to assume all debts and why was it a good idea?
Alexander Hamilton and it was a good idea because it made a line of credit.
Are credit cards a good idea?
yes they're pretty good if you can pay the biil
What is a good range for a credit score?
Good credit score ranges between 680- 750 and above this range credit score is considered excellent. Check your credit score regularly to get an idea about your credit score regularly.
What company has a good plan on business credit cards.?
I had a good business credit cad from Capital one. Otherwise it is always a good idea to get credit cards from the same bank your company already uses.
Is getting a credit card young a good idea?
in my opinion it is a good idea because it can prove to parents if the kids are trust worthy and responsible
What are the best credit repair programs?
The best I've come across is Gsh360 Financial Management. They're really knowledgable and polite. They talk to you for free, so it'd be a good idea to just check them out. They're website is http://gsh360.org Good luck ;)
Are bad credit loans a good idea?
Bad credit loans aren't necessarily a good or bad idea. They have higher interest rates, shorter payback periods, bigger down payments, but can sometimes be a good answer to starting to rebuild your credit. Sometimes it is simpler to pay down debt and try to get a more traditional loan.
Is it a good idea to transfer the balance of my credit card to another credit card?
If you can move the balance to a lower interest rate card then yes it is a great idea. If the rate isn't lower though, transferring your credit card balance to a new card is pointless. It's generally not a good idea to transfer balances between credit cards. Fool.com has a some great tips on balance transfers.
Why people need to know about consumerism?
In the US, the Federal government and along with many statewide agencies, provide people with information on issues that concern products that people buy. The US agency also produces information and warnings about consumer services such as credit cards. It's a good idea to keep up to date on these issues to avoid problems these agencies identify as hazards, or consumer frauds that certain credit card companies have committed.
