Repair Credit Online – fix improve credit rating

Regis Sauger asked:




I can remember when I first started writing articles for EzineArticles. I also remember vividly the many “hisses and snarls” I received from so called friends about giving out so called secrets about credit repair.

I started my own website and when I published free information about the real deal on credit and explained some basic laws that are in place to assist the consumer in their desire to improve their credit, WOW, I was really chastised for giving out secrets.

I know one guy that runs a very successful credit repair shop, here in Florida and when I found out that his average charge per couple was in excess of $1,500 I almost “flipped”. He told me that most people are so intimidated about the collection scenario that this basic fear of the telephone ringing is what triggers his “closing technique” in getting these folks to sign up with him. Now, to me that is a real “shark” just swimming off shore waiting to “financially bite” another victim.

When he explained that his operation and many of his business associates get a “limited power of attorney” to deal with the credit bureaus and that in his operation, the customer NEVER sees the letters that he writes BECAUSE THAT IS HIS PROPRIETARY KNOWLEDGE. Well, this old man not only began to get squeamish in the stomach but downright disgusted because these same industry SECRETS were exactly what I was telling people about for FREE on my website. No wonder they got mad at this old man.

If, I have seen one credit repair business, I have looked at hundreds. They run from buying a credit repair (virtual business in a box) from some famous attorney for over $10,000 and he acts as your guru to novices trying to start their own business based on some limited knowledge that they learned from some of the web-sites that are on the internet. Some of this information is good and some is plain wrong. The problem is that when someone believes everything that is on the internet, they get laughed out of court or they simply lose.

There is the desire by “opportunists” in today’s troubled economic times to make a few bucks off of some peoples problems. But, no one truly understands the amount of work that is involved in restoring credit. First off, the credit reporting agencies are NOT the true culprit. They only report what is reported by the creditor.

Secondly, the creditor is the ONLY one that provides money to the credit reporting agencies so here we have the immediate problem. The credit reporting agencies DO NOT care about you. They only respond to the wishes of the creditors UNLESS you invoke certain laws or are assisted by an attorney because they know that you are serious and they do not want to go to court to defend themselves against a skilled attorney. Now the costs are expensive because an attorney is involved. Hence, the average family that cannot afford an attorney is left to swim in this mess without any help.

Now, here you come along and you write the dispute letters for the client. Big deal! Only to have the letters come back saying “the information being reported is accurate”. Now the average family simply accepts this and goes away very sad.

Aha, but you are the expert and now you have to write a second letter to the creditor challenging the information. Big deal, this is called the validation letter. Now how many hours do you have in this deal by now? Okay, the creditor does not respond to your request for validation and you either “throw up your arms in disgust” or you tell your client, “we have to sue somebody”. So now you begin to see the amount of time and paperwork that is being accumulated just on one entry alone.

Still want to become a credit expert? Okay, let’s move along. What do you do when the client is being sued by some “sleazy collection attorney” for some credit card company and someone has to appear in court or if not, a default judgment is entered. Where are you in this deal? Are you prepared to spend the time to go to court to defend your client? Do they have enough “law smarts” to appear themselves in court? Come on, get real, here is where you run and hide because now the business in which you charged these folks $1,000 is now beginning to take a lot more time than you thought.

I could write a book on “the credit repair business”. After all of these years, our office has finally found a legitimate company that truly helps people at a very, very fair price and the results of nothing short of fantastic. No, we are not connected with any of those credit repair companies that promise the moon and deliver nothing. You can learn more by contacting me on my website. In the meantime, do yourself a favor and don’t get swallowed up by emotion and making the wrong decision. I am available personally if you want to contact me.

Erica