I have spent the last three months looking at reviews getting mixed feelings with all thats going on here but i went ahead and called around and I must agree other places seem so sketchy compared to Reliant Credit Repair, they were so nice and so helpful and did the consultation right then and there for free and even told me that I didnt need their services, gave me free advice and told me exactly what to do and how to do it and now my credit literally went up for 60 points. I filed bankruptcy and had no open accounts all my accounts were included in bankruptcy and my 7 year mark is coming up in september, My wife on the other hand needed their services and signed up with them and seriously so far so good. we are very happy!

Consolidating credit card debt allows you to develop an effective repayment strategy so you can get out of debt faster. At the same time, you minimize interest charges, which reduces your total cost and can lower your monthly payments. But debt consolidation is not a silver bullet. It won’t work in every situation and if it’s used incorrectly, it can actually make a bad situation worse.

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It’s always possible there are some errors on your credit report causing your credit score to be much lower than it should be. At the beginning of any endeavor to improve your credit, get acquainted with your free 3-bureau credit report (from annualcreditreport.com) so you know what belongs on them. Check carefully for any errors to your name, identifying information, account names, account numbers, credit limits, balances, and payment dates, and if you find any errors dispute them and have your report corrected. If there were errors regarding payments or credit limits and they are resolved, your credit score may improve dramatically and quickly, depending on the error.
 I know what its like to be denied for credit everywhere you go. I have personally worked with thousands of people over the years escape the burden of horrible credit with my program. We are known best for our fast credit repair services and almost everybody that joins my program gets an average of 200 points increased on their fico score why shouldn’t you? If you are looking for a credit repair solution and a mentor to help guide you, and educate you on how to build your credit don’t hesitate to send me an email. You can also check us out on instagram.

Another avenue to pursue to improve your credit score as quickly as possible is to negotiate with your creditor and credit bureaus to see if they are will to make adjustments. This can be especially effective if you have established a current strong payment record. In that case, a creditor can often be persuaded to remove previously reported late payments as a “goodwill” gesture based on your current payment history, and to encourage you to maintain the course.

Talk to an attorney who specializes in debt collection. Attorneys can investigate whether a debt collector is breaking state or federal law and whether the claim is valid, defend you in court against a fraudulent lawsuit and respond to legal summons for you. You can get representation through a nonprofit legal aid clinic (where legal services are free), pro bono clinics at courthouses or private attorneys.
Negative records that you cannot successfully dispute will remain on your credit reports for roughly seven to 10 years. The best way to overcome such negatives is to add a pile of new positive information to your credit reports. Doing so dilutes the negative information and shows that you’re really a responsible borrower who just made a few mistakes. We’ll explain how to go about doing that in the steps below.
Consolidation means that your various debts, whether they are credit card bills or loan payments, are rolled into one monthly payment. If you have multiple credit card accounts or loans, consolidation may be a way to simplify or lower payments.  But, a debt consolidation loan does not erase your debt. You might also end up paying more by consolidating debt into another type of loan.

To get your finances in order, it's key to create a budget and track your progress. There's no universal approach for monitoring your budget, but if you're in debt, you'll want to take inventory of your finances often and take note of your spending habits at least once a month. The goal is to avoid overspending – and understand how much you spend each month to create a plan to pay off your debts. "This word 'budget' seems to be such a painful word to everyone, but there is actual power and freedom in having a budget in place and having the power to tell your money where to go," Omo says. "It's the basis of your plan to get out of debt."

Anyone who ever had a grandmother or grandfather should know that rushing a family recipe or lovingly-crafted process never works. There are an ingredient and a philosophy that can’t be touched or seen by the human eye but can be only be missed when that special knot doesn’t hold, or the meal flops bigger than a bass on holiday – tradition. Fast credit repair is like grabbing something in a box and expecting it to taste like “grandma used to make.” Unless the grandmother was a chemist and her kitchen was stocked with additives that may or may not put a lab rat down for the count that good, old-fashioned taste is most likely missing. Unfortunately, those who used those “pay-me-now” fast credit repair places and the rodent with digestive issues probably stand about the same chance of being approved for a new credit card. No animals are ever harmed when credit repair is done correctly – it simply takes time.

A personal loan is for a set period of time; three to five years is common. It's important to understand that your monthly payments will be a fixed amount. That's a bit different than a credit card balance, where you can vary your payments month-to-month as long as you hit the minimum amount due. And a credit card does not have a fixed payback period.
But even if you have a low credit score, go ahead and do the research to see if you can find a better deal than the one you have right now. "Those with the best credit scores typically qualify for the best rates on their new personal loans, but don't let an average or even poor score keep you from requesting quotes," says Norris. "This is especially true if you have more than $10,000 in credit card debt and those cards charge exorbitant interest rates, which most of them do."
You cannot use your existing credit cards while you’re on a debt management plan, nor can you open new accounts. McClary also said that if you do manage to open new credit card accounts during your debt management plan, existing creditors who find out may stop participating in your debt management plan and reset your account to its original terms and interest rate.
What is it? A debt management plan, or DMP, consolidates your credit card payments — not your credit card debt. Instead of making several payments to various creditors, you make one payment to your DMP and your credit counselor will use that payment to pay the debt you owe to various lenders. Your counselor may also try to negotiate lower rates and fees associated with your debt.

Focus on paying off your smallest debts first, suggests Kalen Omo, a financial coach in Tucson, Arizona, and owner of Kalen Omo Financial Coaching. This repayment strategy is known as the "debt snowball" method. "You list your debts from smallest to largest, paying minimums on everything except the smallest, and attacking that small debt with a vengeance. The goal is to get small wins along the way to motivate and give you hope to tackle the next one and the next one and so on. Once the smallest one is paid off, you take that payment to the next smallest debt, and the process acts like a snowball on the top of a hill. It picks up more snow as it goes downhill," Omo says.

Account Information – Carefully check all accounts listed and make sure they are actually accounts that you have opened. If you find an account in your name that you did not open, contact the credit bureaus, explain the fraud and ask that a fraud alert be put on your account. Then contact the card-issuing company to find out more details about the account. The fact that it is on your report means it is likely that someone used your Social Security number in opening that account. Also be sure that the balance information and payment history for each account is accurate. If any information is inaccurate, you will need proof of the correct information and you will have to start a dispute with the credit bureau to ask for ratifications.


One of the sneaky-quick ways to increase your score is to add yourself as an authorized user on someone else’s. According to FICO, 35% of your score is based on your history of on-time payments, so when you become an authorized user on a friend or family member’s credit card, car loan, or installment loan, etc. you automatically “assume” the same positive history of payments on your credit report. Viola! Your score will go up as well. You do need to make sure the lender registers your social security number and will start reporting the change, and it can take 30 days to reflect on your own credit report (unless you do a Rapid Rescore—see below). But becoming an authorized user is a fantastic way to benefit from a great payment history that’s not even yours.

Following the 2007-2008 implosion of the housing market, banks saw mortgage borrowers defaulting at higher rates than ever before. In addition to higher mortgage default rates, the market downturn led to higher default rates across all types of consumer loans. To maintain profitability banks began tightening lending practices. More stringent lending standards made it tough for anyone with poor credit to get a loan at a reasonable rate. Although banks have loosened lending somewhat in the last two years, people with subprime credit will continue to struggle to get loans. In June 2017, banks rejected 81.4% of all credit applications from people with Equifax Risk Scores below 680. By contrast, banks rejected 9.11% of credit applications from those with credit scores above 760.22
Unfortunately, some credit blunders may be out of your hands. Unfairly reported or inaccurate information can plague an otherwise clean credit score. Protect yourself by staying up-to-date. Order a free copy of your credit report and review its contents. Check to verify your correct name, address, and other basic information. Look closely at your accounts to make sure your balances are accurate and there is no duplicate reporting. If you need help, contact one of our legal experts for a free credit repair consultation and analysis. False reporting is illegal, and your credit health depends on action.

Closing out delinquent accounts or those with a history of late payments can also help, as long as you've paid them off in full. Because history is important, if you do decide to close a few more accounts, close the newest ones first. The length of your credit history is 15% of your score, so even after you've paid down your balances, keep your oldest cards open. Be sure use these cards to make occasional purchases (then pay the bills in full), so the card company won't close your account for inactivity.
Many companies offer very good deals in the first year to win new customers. These are often called “switching incentives.” For example, your mobile phone company could offer 50% off its normal rate for the first 12 months. Or your cable company could offer a big discount on the first year if you buy the bundle package. Credit card companies are no different. These companies want your debt, and are willing to give you a big discount in the first year to get you to transfer.
Don’t refinance Federal loans unless you are very comfortable with your ability to repay. Think hard about the chances you won’t be able to make payments for a few months. Once you refinance student loans, you may lose flexible Federal payment options that can help you if you genuinely can’t afford the payments you have today. Check the Federal loan repayment estimator to make sure you see all the Federal options you have right now.

Even if the debt has passed the SOL in your state for suit (variable by state) and even the federal SOL for reporting (roughly 7 years from when the debt discharged) a collector may still pursue you for this money if you owe it. They will just never be able to collect it or report it if you don't allow them to, although they will certainly try and hope you are ignorant enough of the law that they get money from you.


However, there is a big myth that you have to borrow money and pay interest to get a good score. That is completely false! So long as you use your credit card (it can even be a small $1 charge) and then pay that statement balance in full, your score will benefit. You do not need to pay interest on a credit card to improve your score. Remember: your goal is to have as much positive information as possible, with very little negative information. That means you should be as focused on adding positive information to your credit report as you are at avoiding negative information.

Carefully review older debt that shows as charged-off. Before contacting the creditor or collection agency, check your state laws to see if the debt is statute-barred or time-barred, meaning that it is too old for creditors to attempt further collection. If it is not statute-barred, even contacting the creditor can re-instate the debt as currently collectible, which can drop your score.
“If [a filer] falls behind, then the trustee files a motion to dismiss, which [the filer] would either allow or explain to the judge what happened, and [their] plan for getting back current,” Albaugh said. Without a plan to get back on track, Albaugh said a homeowner could be facing some trouble. “If you were using [Chapter 13] to get caught up on a house, then the foreclosure process starts back up again and you lose that bankruptcy protection,” he said.
If you want to learn how to repair credit fast, you need to learn how credit score works. There are five different factors that are utilized by credit scoring companies to discover that magical three digital number. What many people do not realize is that, through understanding these five factors, you not only have greater control over your credit score, but now you can begin utilizing credit to your advantage. Here are the five factors used to create someone’s credit score:

The Capital One® Secured Mastercard® offers qualifying cardholders a lower security deposit compared to other secured cards. You will get an initial $200 credit line after making a security deposit of $49, $99, or $200, determined based on your creditworthiness. Typical secured cards require you to deposit an amount equal to your credit limit, so this card has added perks for people who qualify for the lower deposits.
I was laid off for 2 years 5 years ago. We walked away from our house 3-1/2 years because we couldn’t afford to live in it. I’ve had steady employment for the past 3 years. But we’ve built up 45,000 in credit card debt. My credit score is currently 625. I have no problem paying pack the full amount I owe to the credit card companies but I would like to consolidate them. What can I do? My parents transferred a house they owned into my name and it’s paid off. Can I use that as collateral?
Getting a bump in credit limit on one of your existing cards has a similar effect as getting a new credit card on your credit utilization but is even quicker and easier. Another plus: While you may not get as much of a credit limit increase as with a new card, your credit score will also not suffer the new credit card ding and will benefit from the age of the existing account.
But even if you have a low credit score, go ahead and do the research to see if you can find a better deal than the one you have right now. "Those with the best credit scores typically qualify for the best rates on their new personal loans, but don't let an average or even poor score keep you from requesting quotes," says Norris. "This is especially true if you have more than $10,000 in credit card debt and those cards charge exorbitant interest rates, which most of them do."

Many credit card issuers will allow you to transfer money to your checking account. Or, they will offer you checks that you can write to yourself or a third party. Check online, because many credit card issuers will let you transfer money directly to your bank account from your credit card. Otherwise, call your issuer and ask what deals they have available for “convenience checks.”
The Affinity Secured Visa® Credit Card requires cardholders to join the Affinity FCU. You may qualify through participating organizations, but if you don’t, anyone can join the New Jersey Coalition for Financial Education by making a $5 donation when you fill out your online application. This card has an 12.35% Variable APR, which is one of the lowest rates available for a no annual fee secured card and is nearly half the amount major issuers charge. This is a good rate if you may carry a balance — but try to pay each statement in full.
A low credit score can affect almost every aspect of your life, and if you've realized that your negative credit is holding you back, you probably would like to do something to change that... and the sooner the better. You'll find plenty of companies that claim they can repair your credit overnight, or guarantee that they can remove any negative item from your credit report, whether accurate or not. If this sounds too good to be true, that's because it is. The truth is that there's no such thing as a quick credit fix.
The secured credit card is a way to build and establish credit to obtain higher credit scores. If you found that you cannot get approved for a traditional credit card, you’re still likely to get approved for a secured credit card because there is less risk for the lender. The card issuer will report to the credit bureaus about your ability to pay the credit card on time and how you manage and use the balance.
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