For some folks, it’s not as easy as simply paying down the balances on a few credit cards to improve their score to where they need it to be.
Sometimes, a person needs professional help to get credit scores back to where they should be. If you have some of the following on your report, you may want to consider using a credit repair company:
- Charge-Offs
- Old Collection Accounts
- Defaulted Student Loans
- Judgments & Tax Liens
- Foreclosures
- Bankruptcies (Discharged or Dismissed)
- Repossessions
- Late Payments*
*Late payments within the last 12 months usually can’t be repaired – you just need some time to pass without any more late payments.
With Credit Repair Companies, just like Mortgage Companies, there are good ones and bad ones. Ask a trusted adviser, or a mortgage professional for a recommendation, Google the company for feedback, and check with the BBB to get the right company to assist you.
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