Step Two – review your credit report for incorrect information.
According to the Federal Trade Commission, 70% of all consumer reports contain at least one major error. Check to make sure that your employer information is correct. Make sure that car loan that was traded in 6 months ago is showing as paid in full. More importantly, make sure that home mortgage loan that you opened and that was transferred shortly after you purchased the home to another lender is showing as a zero balance. Also be sure to make sure that there are no unknown addresses because this could be an indication of potential identity theft.
Credit Repair Companies
Credit Repair Companies, even the good ones (and I say that very generously) remind me of a quote from one of my all time favorite private dick movies “the Two Jakes”. In the opening scenes Jake finds himself at the top of the heap, professionally speaking, the “leper with the most fingers.” This is how I feel about credit repair companies, even the good ones are just one finger away from being fingerless.
This being said I don’t recommend any one over the next. If one is recommended by someone you know and trust who has used them and they have a good Better Business Bureau Rating this is a good option for someone who has the money but neither the time nor the inclination to spend their free time following up and responding to mail.