The End of Credit Repair Industry?
The End of Credit Repair Industry? Or the beginning of the credit score revolution?
Since 2010, I have worked to change the credit industry by providing credit score advice on this blog that I normally provide to my mortgage clients.
I can not tell you how many times, I have to help borrowers after they go to a “credit repair company”, only to have the credit repair service make things even worse. I am making the call right now, the credit repair industry is finished.
The Credit Repair industry “value” is all based on information and information is becoming more available as the internet reached 20+ years old. I believe the credit repair industry will be the next “buggy wipe” industry to fail and rightfully so.
Hi everybody Dave Sullivan here for the Credit Guy TV. You know for a long time I’ve been trying to give people advice and help them improve their credit score because “in principle” I’ve never agreed with the credit repair industry.
I have always felt a lot of good people are taken advantage of by bad apples in the credit repair industry. I’ve always tried in be an alternative to the credit repair industry for people that were ready to take control of their financial lives. It is one thing to say that you don’t like an industry, is another thing to do something about it and try and change it.
I put together six steps to a better credit score it’s very easy to follow. There are six videos with links to other relevant videos for that respective step. The steps will coach you through the process month by month. There are also six worksheets to walk you through each step. If you are ready to get to work and improve your credit report. This is how I would coach you one on one.
It is really designed to be something to work on over a period of months, because it can be difficult to improve your score quickly. So when I created the program I designed it with a six month period in mind, you can do some of them faster but plan on six months to really get the full benefit. All you have to do watch the video, download the worksheet, work on that topic or category of your credit report. They shouldn’t take you anymore than a few hours each month.
You can find this specific page on my website at www.getloanready.com, it’s all free, there’s no charge for the credit information.
If you need more advice, I have you covered, scroll all the way down to the bottom of the page. It will say the advanced one hour long courses. If the six steps is not enough for you can always scroll down to the bottom go over to the hour-long courses. These are the hour-long courses covering specific situations in depth. Take your credit report from bad to better with some hard work. It is not going to go to great overnight, but this information will walk you through the process of coming back from a bad credit report.
Even legitimate credit repair companies will tell you “they are not going to be able to do anything you can not do on your own for free”. There is just no reason to pay people thousands of dollars to have them fix your credit for you. It is just to easy to take that money you would spend on credit repair and pay down your credit cards instead. Follow the 6 steps if you need more go to the hour-long courses, if you have any questions, please post comments on YouTube, I appreciate that.
This is Dave Sullivan here for the credit guy TV so you with the little with me we’re going to change the credit industry.
Don’t forget to start with your credit report at www.annualcreditreport.com
If you’re looking for other ways to improve your credit score please go to GetLoanReady.com you can get free videos and worksheets to increase your credit score from a more holistic perspective. Never Pay Collections
If you want to see more videos about credit and credit scoring check these out at www.thecreditguy.tv. If you are a mortgage lender please share this on your Facebook or LinkedIn page. If you have any questions, leave them down below I’d be happy to answer them.