The problem is with that, from many years of experience, its a waste of your time as bad credit people generally won't invest the time, effort and costs required to fix their lives.
They expect it to be free or they think they can write letters to the credit bureaus and fix their issues on their own. We in the know...know those letters go right into the garbage when the 3 reporting agencies receive them!
Here' a simple test:
Ask them to take $500.00 and open a secured credit card at a Bank. I believe you'll find that 99% of them won't even complete such a basic first step to help their selves re-establish credit.
The publisher of the credit repair has been in business for 20 years, A+ rating with the BBB, and offer money back guarantee.
Text â€œMYBESTCREDITâ€ to (617) 299-7297 for
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If there is no credit then the client will need to go to their personal bank or credit union and get a secured credit card and only use a quarter of it a month and pay it off. Within a couple of months have them apply for a Walmart and Target card. Same deal is to only use a quarter of it and pay it off. They have to use these cards and pay them off each month. They can probably be approved for financing within 4-6 months.
Sarah Garrett, Realtor
ALLIANCE REALTY GROUP
"Chosen Best in Client Satisfaction 2006-2013" By Gulfshore Life Magazine
Web Access to MLS: "Search like an agent with minute by minute updating."
My position is that the credit repair industry caused the meltdown, not the sub-prime mortgages, even those bad boys had minimum standards that were compromised by credit repair. You guys want to stop the problems in our industry? Then stop helping prospects commit fraud.
Are there legitimate credit repair companies? Maybe, but none of the dozen or so reps that solicit me every week fall into that category.
NMLS # 6395
Financing Kentucky One Home at a Time
I answer questions about financing real estate based on my decades of experience dealing with mortgage underwriters. This answer is my personal opinion, has not been reviewed or approved by the company I work for. I do not offer legal or tax advice, if you need answers from an attorney or CPA find one knowledgeable in your local market.