Credit Counseling Camp Lejeune NC
Pay Only For Results*
Author: Neha Gupta
If you need credit repair help, credit repair counseling or credit repair advice, there are many companies, software programs, credit repair kits, books and assorted other items available for purchase. There are many things that you can do yourself for credit repair. Most of which are free. Whether you decide to do-it-yourself or get some help, credit repair is worthwhile.
People with high credit scores get the best interest rates. They pay lower insurance premiums. They are not required to make security deposits on utilities and cell phone contracts. There are many reasons to look for credit repair help. There is no reason to wait. No matter what current credit problems you may have, there is help. Credit repair or improvement of credit scores is possible for anyone. Some people may not need help. They may already have a credit score of 760 or higher. These people are already getting the best interest rates available. But even someone with a credit score of 759, just one point less, will pay a little more in interest.
According to Fair Isaac, the company which invented the current credit scoring process, 60% of the American population has a credit score that is below 749. So, 60% of the American population could be looking for credit repair help, credit repair counseling or advice. This is the reason that there are so many credit repair companies. There is a large market for credit repair professionals. Those who are selling products for credit repair hope to “cash in” on this need as well.
Many people are not aware that they are paying more in interest than those who have higher credit scores. Most people want a house and they do not want to wait. As long as they can qualify for a mortgage, they are not so much concerned about interest rates. The wise consumer not only shops for a house, but shops for the best interest rates. If they have problematic credit, then they shop for credit repair services. On the average, a person with a credit score below 639 will generally pay $232 more per month in interest than someone with a credit score of 760 or above. Firms that help credit repair problems “go away” may charge for their services, but consumers will save money in the long run. The lower your credit score; the more you will save.
If you do not know your credit score, there are companies which offer to sell you the information. Before you look for credit repair help, you may want to know your credit score and the information that is on your credit report. You can view and print copies of your credit report atThis is a free service, but the credit bureaus are allowed to advertise other services for which there is a fee on this site as well. They do not offer credit repair help, credit repair counseling and their credit repair advice is limited. They generally offer credit monitoring services. Many of the better credit repair companies offer credit repair help, credit repair counseling and include credit repair monitoring. Some even offer identity theft insurance, which is becoming more and more common.
If you are looking for credit repair services or companies which can help credit repair problems go away, compare the law firms that specialize in credit repair issues. Compare the services they offer, as well as their fees. Look for a firm that has been doing credit repair for several years and is a member of the Better Business Bureau.About the Author:
Article Source: http://www.articlesbase.com/credit-articles/looking-for-credit-repair-help-1261233.html