Repair Your Credit Profile

Hey all-

Here’s a very good article about how to improve your credit report.

But before you do anything, you need to understand this truth:

“Hard work and the passage of time are the only tried and true methods of repairing a blemished credit record.”

So if you’re looking for a quick fix or an instantly perfect credit record go elsewhere. You ain’t going to find it here. And even if you do think you’ve found it elsewhere, be careful of anyone saying they can instantly fix your credit. There is no such thing. There may be temporary fixes that will boost your score for the very short term but the negative items will come back.

“To regain control of your finances and manage your debt, start by designing a realistic budget that allows you to pay off your existing debts, cover your everyday expenses, and save for the future.”

This article also offers tips on credit counseling, debt negotiation, and bankruptcy.Â

-Adam

Here’s the article:

Ask the AG: No quick fix for improving your credit report (The Columbian)

Consumer: I’ve had trouble paying my bills on time in the past and now my credit record isn’t the best. I’ve seen advertisements for credit repair services. Do they work?

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