Wednesday, June 22, 2011

Mortgage and Loans - Mortgage Refinance, Home Loans

Mortgage and Loans - Mortgage Refinance, Home Loans

Looking At Credit Repair Companies

Posted: 22 Jun 2011 02:04 AM PDT

So much has been said in reference to credit repair companies that when you fall prey to bad credit your first thought is to get help from such a company. Having decided to seek their help, choosing a company can be problematic, since making a wise choice is not such an easy task! Since they are service oriented, you can not evaluate based on a physical product, and and as far as choosing based on trial and error is obviously a very bad idea!

here are three factors you ought to consider before reaching a decision. These indicators will protect you from being cheated by less than honest credit repair companies that aim only at using your desperation to fleece you of your money.

1. Legitimate Credit Repair Companies Are Affiliated With Reputable Regulatory Bodies

As with any legit business, a professional credit repair company will affiliate itself with reputable regulatory bodies such as the BBB (Better Business Bureau) or the ECRA (Ethical Credit Repair Alliance). The affiliation will require these companies abide by a professional code of ethical practices, which would have you, the customer, protected. Find out if the company you are looking at has any affiliations. And if they do, what are the affiliations?. Do not stop at finding out what affiliations they have – go one step beyond and find out if these regulatory bodies are really what they claim to be. Do a search in Google and get the complete picture.

2. The Good Credit Repair Companies Have Many Satisfied Customers They Can Refer You To

You can rest assured that a legitimate credit repair agencywould have a fair amount of verbal positive feedback from local people. This is a good indication that this company would be a good choice. But don’t be satisfied at that alone.

Ask for the names of some customers who they worked with satisfactorily and then pay them a visit. Many people are delighted to tell you about the company if they were happy with their services. Inquire about satisfaction with the services, the methods they used to improved bad credit and if they consider the fees reasonable.

3. An Upstanding Credit Repair Company Doesn’t Take Shortcuts

And credit repair shortcuts do not exist. You cannot wave a magic wand and expect instant perfect credit, nor can you make your bad credit disappear.

Be suspicious in regard to credit repair companies that promise instant results. It is likely that they are lying or that they are doing something illegal. Avoid this like the plague because this could end in disaster. Stick to the legit way to raise your credit score and at the end of the day things will turn out well for you.

Like we have shown, it’s possible to make a good choice from among the many credit repair companies that you find on and off the Net. Just be sure to remember that it’s better to be very cautious in the beginning, than to be in too big a hurry and then regret it later.

FHA & VA Loans -Dispeling the Myths

Posted: 21 Jun 2011 07:09 PM PDT

A short segment on FHA and VA loans. Who pays for what, why and how to keep it simple. Hire a professional Real Estate agent like myself, and get your loan with a broker and bank who know how to get the job done right.

Posted by Blogku at 7:11 AM

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