You may have seen the ads pop up in your social media feed, on television, or even on highway billboards; lots of companies are offering to improve your credit. If you take them at their word, you might think that bad credit is harmful, and it’s easily waved away with this company’s magic wand. But what’s the real story? Are these companies trustworthy? Do they have the experience and knowledge necessary to improve your consumer credit? Let’s talk about consumer credit repair – why is it so important, and who can help?
Why is Good Credit Important?
Our financial system relies heavily on credit. A good credit score (called a FICO score) provides you options and opportunities because lenders, landlords, insurers and employers use it to make decisions about you. When your credit score is high, it makes these entities more likely to take a risk and approve your mortgage or car loan. High FICO scores will save you money on insurance and interest rates, too.
With a low credit score, it’s not so easy. Your low score may mean the loss of a new job or an insurance policy. You may not be able to find a place to live, since landlords often have credit score thresholds to rent their properties. If you are able to obtain a loan, you’ll be required to pay higher interest rates. In today’s world, bad credit can hold you back in just about every aspect of your life.
What Is Consumer Credit Repair?
If you currently have a poor credit score, there is hope! Credit repair is taking steps to change a low credit score into a higher credit score, and it absolutely can be done. The problem is that credit repair can be complicated. There are a lot of moving pieces to a good credit score, and you’ll need solid guidance to avoid wasting your time and money. Consumer credit repair starts with a good credit report.
One of the top reasons for a low credit score? Errors on your credit report! A recent Consumer Reports investigation found that more than one-third of the consumers involved in the study found mistakes on their credit reports. It takes an expert to help you efficiently fix errors, tackle credit disputes, remediate account and payment problems and settle overwhelming debt. You’ll need a knowledgeable, experienced guide in the credit repair process.
Who Can Help With Consumer Credit Repair?
There is good news when it comes to consumer credit repair; you don’t need to try to fix your credit on your own. It’s critical to find an honest, credible and legitimate service to fix your credit score and help keep it in good standing. Once you find such a service, stick with them.
It’s important to use extreme caution when enlisting assistance with your credit repair. Because people with poor credit are often stressed and desperate for help, scam artists often take advantage of their situation. Make sure to vet your consumer credit repair agency before you begin working with them! Ask about their experience and track record. Check the Consumer Complaint Database for any outstanding issues with former clients. Ask good friends, family or associates who they have used and can recommend – this helps to verify their legitimacy and prior performance. Remember – a reputable credit repair advisor won’t ask you for payment upfront, and they shouldn’t promise quick fixes.
Increditable Advisors Can Help With Your Consumer Credit Repair!
InCreditable Advisors of Indianapolis, Indiana has been helping clients improve credit scores for over 17 years. We will walk with you on the path to long term credit health. Our guidance will help you continually increase your score, improve your interest rates, and avoid dipping into poor credit in the future. The key is patience, persistence, and the wisdom that comes from experience, and that’s what we offer at InCreditable Advisors.
InCreditable Advisors is the only full-service credit and debt consulting company in the Hendricks County, Avon, Brownsburg, Danville, and Plainfield area. We also serve Greenwood and the surrounding Indianapolis, Indiana areas. So when you need help, we can provide it! We are experts in credit education, budgeting help, debt consolidation and credit restoration.
If you are looking for an honest, credible and legitimate service to fix your credit score and help keep it in good standing then give InCreditable Advisors a call today and schedule a credit consultation with one of our certified credit advisors at 317-202-1297.