The Case Against Credit Repair
When my wife and I moved into our house in 2005, we were by far the youngest in the neighborhood. My neighbors are pretty cool, though. Two of them were WW2 vets. The neighbor to my right is Mr. Handyman. They’re a great bunch who like to have BBQ’s and invite us over. During one…
The Customer is Always Wrong
A client calls and immediately tells me she just needs “x and x” removed. Our standard procedures are to always take a look and audit a credit report before giving any actual advice. But she was so confident that I almost didn’t push. Then I noticed that her loan officer had already sent us both…
The Problem With Our Credit Repair Services
There’s a problem with our credit repair services. I’ll explain… Just the other day I had a client email me that she was very upset and canceling services for both herself and her husband. She was a referral from a loan officer. She wants to buy a house and has nothing but derogatory information on…
Why The Credit Bureaus LOVE Bad Credit
Your credit profile is made up of data collected by creditors, then reported to the credit bureaus. The bureaus then make a profit by selling this data in reports, leads, and other methods to creditors for the purpose of issuing new credit or soliciting you for credit. For example, when a creditor, such as CHASE,…
How to Choose a Credit Repair Service
Whenever you’re going to make a major purchase you should have a list of criteria that is important to you in advance, so you can find the product or service that best fills your needs. When it comes to credit repair, here are some of the criteria that you should consider: Speed. Beware of any…
