Sunday, November 30, 2008

Credit Repair Letters

By Morales Kennedy

So, can credit repair companies really guarantee results?
Not a chance! No credit repair company is so good that it can guarantee a specific outcome. It would be like a defense lawyer guaranteeing that the jury will find his client innocent. Guarantees are a sure sign of credit repair fraud. A warranty, where the credit repair company promises a refund if certain results don't occur, is a better, more realistic claim.

What if I lose my job and I am unable to pay?
When you complete an application form you agree to abide by the terms and conditions stipulated by the credit grantor, which is that you will pay the agreed amount in full and on time. If you have lost your job it is important that you inform the credit grantor of your situation and try to come to an agreement on the payment. All agreements must be put in writing.Not a chance! No credit repair company is so good that it can guarantee a specific outcome. It would be like a defense lawyer guaranteeing that the jury will find his client innocent. Guarantees are a sure sign of credit repair fraud.

Are Credit Repair Companies Worth the Fees They Charge?
The Digerati Life is powered by WordPress | Using a modified version of the Tiga theme, with a bit of OzhBankruptcy can be an end-all to a credit report. Before declaring bankruptcy it's imperative to know how it will effect your credit report.

WHAT SETS NCCS APART FROM OTHER COMPANIES THAT CLAIM TO DO CREDIT REPAIR?
Simple ? Our experience, our strong ethics, our implementation of technologies and our straight-forward billing structure.First it's a good idea to look beyond the advertising claims and look for experience and a track record that will give you the confidence in making a decision. Beware as there are many credit repair companies that prey on unsuspecting consumers, who actually achieve incredible results by deleting thousands of negative credit trade lines when statements are provided that are not totally true.

Who are we?
We work with several licensed and bonded 501 ( c ) ( 3 ) non-profit consumer credit counseling agencies, mortgage companies, loan companies and credit repair companies. Our goal is to help individuals and their families get out of debt and educate them towards sound credit use and budgeting for their future. After you submit your information to us via the internet or by telephone, we then match you with the company that best suits your individual needs.Any credit repair company that guarantees a perfect credit rating or guarantees to deliver a perfect credit score is not telling you the truth and should be completely avoided. Every credit report presents unique challenges and difficulties that a legitimate credit repair agency will need to address in order to.

How does this process affect your credit rating?
We can only speculate as to how creditors will respond to the process. In most cases, once payments cease, creditors do tend to report negative entries to a credit reporting agency. However, for those clients interested in reclaiming a good credit score, Kingdom Debt Solutions is proud to be partnered with one of the leading and most experienced credit repair companies in America which will allow you to reclaim a good credit standing.The FTC's concerns regarding credit repair agencies address the unethical individuals who have taken advantage of the rising demand of credit restoration by posing as credit repair companies on the Internet or via telemarketing, making promises they either couldn't keep or never intended to keep, and/or charging fees up-front and then vanishing after providing minimal and inadequate services - if any services at all.Many credit repair companies are fraudulent and practice illegal credit repair methods.

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