Beware of credit repair scams

“Remove Negative Items From Your Report”

You’ve probably seen these headlines and others just like it promising to clean up or “fix” bad credit. For someone who suffers from a bad or poor credit rating, these headlines are certainly an appealing offer.

Imagine finally being able to buy that new car, get debt collectors off your back, and enjoy a new found freedom from your past debts.

Sound to good to be true ? It probably is. Once you fall prey to the credit repair offer and pay the hefty fees involved to clean up your record, here’s what happens –

1) The credit repair scam artist contacts the credit bureaus and reports that the negative information in your file… Read More..

Paying Off Credit Card Debt – Which Is The Best Way To Get Out Of Debt Legally

Paying off credit card debt is one of the highest searched terms in Google each day. We are living in a very bad economic crisis and honest, hard working people that used to have perfect credit scores and kept their credit cards safely put away in case of an emergency, are being forced to use them to pay for daily living expenses like buying milk or eggs.Due to this situation, millions of Americans are falling behind on their payments, falling more and more into debt. Once you miss one payment, it starts snow balling from there and before you know it, you have several phone calls each day from creditors threatening you if you don’t pay. This keeps a lot of people up at night and it… Read More..