A lady I work with fixes credit as a second job and said she can raise my beacon score,possible in 3-4 months?
Answer:
Yes, about 80% of credit reports have errors on them. I used a service like that (just to see what would happen) and it jumped my score 65 points in less than 2 months. Having said that you'd probably be fine without it.. .just keep doing what you're doing.
Slainte,
-D
Only two things can fix your credit: You and time.
I wouldn't. You can buy a book on how to fix your credit yourself. Plus it's not a good idea to let a coworker have your SS number. Also, what if she messes up then you still have to deal with her everyday and that could be tense.
As long as you make payments on time and if you start a secured credit card your credit score will go up each month. A secured credit card is where you pay them 300$ to 5,000$ and they give you a card with the given ammount and then you treat it as if its a credit card. Most people or students or people who filed bankrupcy use these cards to get thier credit back up. Also some of the banks u get the card through say that if in a 12 month period you can show that you can make timely payments they will approve you for an actuall credit card.
You are already doing good by yourself. This lady who claims to fix credit is a con artist. Stay away from her.
Not really. You credit history is good if you've kept current with your student loans and car lons. It looks really good if you've already paid off your car. She might be able to help you with issues related to your bankruptcy, but there's not much else she can do. Credit couseling is mainly for people with really screwed up credit that have months of unpaid bills. You seem like you got your stuff together now, so just keep your record clean and you can apply for a credit card. Use the card to buy stuff you need like groceries and pay off the full amount for like 3-6 months in a row. This will help build your credit. After that, keep the balance on the card at about 10-20% of the credit limit to help build your credit some more. Don't waste your money on a consultation that will tell you something you already knew.
no there is nothing more to do than keep all your bills paid, i have gone thru this with bankruptcy and as long as you keep your payments on time it will help raise your score as time passes,the only thing she will do is take your money. it was a big jump in your credit score when you paid your car loan off, that helped a lot, you can do everything yourself..
If it sounds too good to be true, it usually is.
You're doing fine by yourself, don't let others make you feel inadequate or incapable of handling your finances.
Keep up the good work!
Does this lady charge you for the service? You are aware that with a little research, everything she can do, you can do yourself. But if you are lazy and want someone to do it..
Will she sign an agreement that promises to raise your score within 3-4 month? Will she agree to give back your money if she fails?
Can you go to the link below and read the file for a few minutes? It's from the FTC and goes into credit repair company scams and how they are not worth the money.
If after all of this you still think it's the way to go, then by all means do it.
If you want to put some effort into improving your credit, you can do everything that she will do. You can repair you credit just as well and probably even better, than anyone else can. It can take some time and patience, so if you want to spend the money and take the risk of someone else foolin' with you credit, go for it.
The biggest red flag I can see with this is - handing your personal information over to someone who is not licensed, bonded etc.
My advice, don't give her any personal information. If she has ideas, have her tell you what they are and "you" do the work.
You might also check out the site I've listed. There are many threads about how people have rebuilt their credit and improved their scores after bankruptcy, hard times etc.
Do some reading in the newbie forum first then in the credit forum and the bankruptcy forum.
Anything this lady can do for you, you can do for free yourself. Visit https://www.annualcreditreport.com/cra/i. to obtain a free copy of your credit report from all three major credit reporting agencies. Verify that the information contained on them is correct. If not, file a dispute with the CRA's. Continue to pay your bills on time, and if you can obtain a credit card that you can charge a little bit on then pay off in full, this will help boost your credit score. The Federal Trade Commission has very good consumer information. Here is a link to a pdf document that will give you ideas on how to create a better credit report: http://www.ftc.gov/bcp/edu/pubs/consumer.
It is possible. I have done it personally. I don't think you could do it in 3-4 months.it has taken me about a year. You don't really have to pay someone.just get a copy of your credit report & write letters to the credit agencies disputing the incorrect information. If you want to you can even dispute the correct information- that is a gamble though. See the credit agencies have no more than 30 days to verify that the accounts are in fact yours. So, if you dispute an account that is yours and they can't verify it within 30 days- they legally have to remove it from your credit file. It's not necessarily the honest way to go about things.you really should only dispute the incorrect items on your report.
the first thing she will want is a big fee
and I'd be very careful as most of this is scams
Listen, and listen closely.only time will heal old credit wounds. There are ways to dispute items on your credit report DIRECTLY with the bureaus. And it does not cost you a thing. I had used a law firm to fix my credit report, and I saw they weren't doing anything different from what I could legally do myself. Also I recommend you keep doing what you are doing and slowly build up credit lines (no more than two), and if you are trying to buy a home, etc., you need to have at least 2-3 years of a clean history. Bankruptcy laws have stiffened.now remaining up to 10 years on your credit report. That is why it should be the ABSOLUTE last resort to file for a bankruptcy. I chose the other option.I worked my * off to repay my bills.and believe me it was not easy after my husband lost his job and I wound up behind on everything. It can be done, and when see it finally come OFF your credit report.CELEBRATE.
FYI, utility bills dont go on your credit report, so the only "good "account you have on your CR is your student loan. Consider getting a $200-500 credit card and maintainig a low balance. Your report needs both revolving debt (CC's) and Installment debt (loans.)
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