Bad Credit? Credit Repair Can Save You Money & Change Your Life

By: Michelle Oaks
Bad Credit? Credit Repair Can Change Your Life

We walk through life doing our daily routine and we usually only think about our credit score when we want to get credit of some sort.

Most people do not even realize that their credit score can, and DOES, affect so much of our life without us even noticing. That is, we usually do not notice until it is too late.

When we try to apply for a credit card- it may be too late.
When we try to get a mortgage for a new home- it may be too late.

So many things can affect our credit score:

Bankruptcy

If you have ever filed bankruptcy then this is a black mark against your credit score. They used to say that bankruptcy stayed on your credit record for seven years. This is not always the case. I know of someone that had their bankruptcy held against them even ten years after they had filed bankruptcy.

Can you get your bankruptcy removed from your credit report? It can be done. But, for the average person it is usually pretty much impossible to do on his or her own

Identity Theft

Did you know that identity theft occurs every minute of every hour of every day? In the year 2003 there were 799 people that were victimized by identity theft every HOUR!
Think that it cannot happen to you? They probably all thought so too. But, once identity theft has ruined your perfect credit score what can you do?

Can you get identity theft charges removed from your credit report? It can be done. But, again, for the average person it is usually pretty much impossible to do on his or her own.

Late Payments

Do you get busy and forget to make a payment? Perhaps it is just a few days but it still affects your credit score.

Maybe money gets tight due to unexpected bills and you cannot make your other payments on time because of this. Most times the company does not know WHY your payment is late. They only know that it IS late.

So, they report this to the credit bureaus. From then on it is a black mark against you every time that you want or need credit for something. That late payment could come back to haunt you.

Can late payments be removed from your credit report? It can be done. But, yet again, for the average person it will more often than not be near to impossible for them to get it removed all on his or her own.

No Credit

Did you know that having no credit could be just as bad as having bad credit?

How can you build your credit score?
If you can get a credit card you can start to build your credit rating. But you MUST do it responsibly.

How do you do this?

Use your credit card for purchases that you were going to make anyway and that you have the money to pay for already. This could be getting your groceries for the week.
Then you make sure that you pay that ALL off that month. Thus, you get no interest charges; you also are starting to show that you can be relied upon to pay back the money when you are supposed to.

This shows companies that you are a low risk for credit. You will then be in the low risk category for interest charges. This means that you will get low interest loans and credit cards.

The savings on low interest loans and credit cards will add up very quickly. So, consequently, working on building your credit score and keeping your credit score high are worth the time and money involved. They will save you so much time and money over your lifetime.

It is all about looking at the big picture. If spending some time or money right now could save you literally THOUSANDS of dollars over the lifetime of a home mortgage or a car loan would you then realize the importance of a good credit score?

Charge-Offs, debt collections, foreclosure, repossessions- they can all negatively effect your credit rating. They will all affect how high your credit score is and your credit score will determine which credit will be given to you and at what interest rate.

People with no credit, low credit or bad credit get fewer loans and will be paying a much higher interest rate. If you have good credit you will pay a much lower amount of money in interest. Without all of these high fees you will be able to pay the credit/loan off that much quicker.

If you do not know what your credit score is then you should be finding out. If you already have a bad credit rating you might think that it is too late. But, it is never too late to start fixing your credit score. Every improvement can save you money.

Do you feel overwhelmed and have no idea where to start? Do you realize that you are in way over your head and that there are marks against you on your credit report that you cannot get removed on your own?

Do not despair. There is help. You can wake up from your credit nightmare to a bright new day with a brand new start completely free from negative and erroneous information on your credit report.

With these items removed you then can apply for, and receive, the credit that you need at the interest rates that you dream of. Having a bad credit rating need not be the end of the world for you.

Why stress over the headache of a bad credit score when you do not need to? Wipe the slate clean of all of the bad marks. This is like starting fresh without being penalized for not having any credit built up at all. This is the best of both worlds.

There are people that know exactly how to remove all of the negative marks on your credit report so that you can have the credit you deserve. They have done this for years and know all of the ins and outs of removing bad credit.

Yes, you might be able to clean your credit report yourself. - But WHY would you when you do not need to? It is important to get the experts that know what they are doing so that they will get the job done and done correctly. This way you can relax and let them get rid of your headache for you better than any name brand pain reliever ever could.

Alan Zolis is a credit repair expert and owner of a professional credit repair company. Let his unique affiliation with collection agencies fix your credit while saving you both time and money! www.creditscoresusa.com/ Michelle’s article writing & submission service- michelles4rcom(at)yahoo(dot)com