I was wondering if any of you ever heard of the “credit repair” people that says they can help repair your credit for x amount of dollars. Is that a scam or is it possible?
It’s possible, but it’s nothing you can’t do yourself. So, it’s a scam!! The only thing that can help repair credit is start paying on time, reduce your debt, debt to income ratio, etc… There is no magic cure for improving debt trust me…
Another thing that may help your credit depending on your situation is filing for bankruptcy. Most people don’t realize it, but filing for bankruptcy can actually help your credit, especially over time. It gives a lot of people a fresh start.
it only works if the bill is paid off, but you can do it your self. Go to google and they will give you work sheets to send to the creditor and the credit bureau disputing the problem. It’s cheaper to do it your self
Therefore, don’t waste your money. if you have money to pay them, put it on your bills. i had a mortgage broker advise me to use one and it is a waste of time and money. you can contest information yourself with the credit bureau or spend that money on your own bills to reduce them. please don’t fall into the trap and waste that i did all for nothing, it did NOT improve my credit scores.