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The Unfortunate Truth About Credit Repair Agencies
As a consumer and a citizen in America, we rely a lot of the lives of ours on recognition and the credit scores that we've created or destroyed over the years. The unfortunate reality of trying to leave the credit mess isn't as hard as you might believe it is, but putting the trust of ours in the so called "credit repair professionals" is probably the worst move any individual with poor credit might truly make.
Why don't we look at the business model of a credit repair agency...
I've recognized 2 business models of Credit repair services near me repair organizations. There could be more, but for this we'll talk about the 2 that I recognized. The very first model is charging a great deal of cash up front to put up the repair process. Usually, $3,000 to $7,000 to restore your credit. It is humorous because I can imagine most people with bad credit do not have that type of money to rebuild credit.
The other business model is charging a monthly charge, like twenty nine dolars, $100, $50, or even maybe even $200 per month to correct the credit of yours.
I want to ask you a question...
Great, so you have poor credit, what is the very first thing that will come to mind on who to turn to? Indeed, nearly all of us turn to the "professionals" for guide and direction in the credit repair procedure. Now, there is nothing wrong with that but let us look at their main goal to supposed help you fix the credit of yours.
Today, a credit repair agency is running a business to what? Make cash right?
If you were the proprietor of a credit repair company and your whole objective was to make a lot of cash, might you want your customers paying you fifty dolars a month for 2 months or fifty dolars a month for 2 years? If you said 2 years, you are around correct.
1. See your credit report
2. Organize The Negative Marks
3. Send Proven Credit Repair Letters To The Three Bureau's
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