I came across Brandon's credit repair Video on you tube, and by far was the best and most inspirational one that I've came across. I purchased his Ebook, and was very easy to understand and follow. I submitted a total of 6 letters, 3 for me and 3 for my boyfriend. It's been a little over a month and we have both seen a difference in our credit score. His more then mine, and we are both going to send round 2 letters in a couple of days. His score went up 95 points with the 1st round of letters. We are so happy! And to make things even better, every time I had a question I would just email Brandon and he would respond literally within 15min or less. He is very reliable to answer any questions. thank you Brandon! Honestly this is helping us so much.
They may be willing to waive some of the late penalties or spread the past due balance over few payments. Let them know you're anxious to avoid charge-off, but need some help. Your creditor may even be willing to re-age your account to show your payments as current rather than delinquent, but you'll have to actually talk to your creditors to negotiate.
Those with poor credit or no credit can obtain a low credit limit secured credit card (by putting up a security deposit). This is reported to the credit bureaus as a regular credit card and allows you to build a positive payment history quickly. Eventually, the credit card company (and others) will offer you a higher traditional credit limit without the security.

You’re entitled to a free credit report if a company takes “adverse action” against you, like denying your application for credit, insurance, or employment. You have to ask for your report within 60 days of receiving notice of the action. The notice includes the name, address, and phone number of the consumer reporting company. You’re also entitled to one free report a year if you’re unemployed and plan to look for a job within 60 days; if you’re on welfare; or if your report is inaccurate because of fraud, including identity theft.
Most people don’t realize that it’s not mandatory for creditors to submit information to the credit reporting agencies. Of course, credit cards, mortgage lenders, etc. always will, but some smaller accounts don’t bother because there’s really no upside for them. But that also presents an opportunity for the average consumer that needs a quick credit score increase, as you can ask a variety of creditors or lenders if they will start reporting. For instance, cell phone companies, utility providers, and even landlords can report your history of on-time and in-full payments to the credit bureaus. Once that positive track record hits your credit, your score will go up proportionally!
While it’s not a requirement to file, it should be noted that there is a second financial planning course that must be taken before a filer makes their last payment on the Chapter 13 plan. This course prepares the filer for financial success after the bankruptcy is final, which helps reduce the likelihood that they’ll need to rely on bankruptcy again in the future.

Once you have your credit reports, read through them completely. If you have a long credit history, your credit reports might be several pages long. Try not to get overwhelmed by all the information you're reading. It's a lot to digest, especially if you're checking your credit report for the first time. Take your time and review your credit report over several days if you need to.

During the briefing, filers will learn alternative options for resolving their debt that can help them avoid filing Chapter 13 bankruptcy. The counseling ranges in price, with online classes offered by some providers for $14.95 per household and one-on-one phone sessions for $50 per person. Lastly, some providers charge an extra fee for the completion certificate sent to the bankruptcy court.
The Capital One® Secured Mastercard® is great for people who may not have the cash available for a $200 security deposit. The minimum security deposit is $49, $99 or $200, based on your creditworthiness. If you qualify for the $49 or $99 deposit, you will still receive a $200 credit limit. This is a great feature, plus you can get access to a higher credit line after making your five monthly payments on time — without needing to deposit more money. This card also comes with Platinum Mastercard benefits that include auto rental and travel accident insurance, 24-hour travel assistance services and more.
If you've already used up your free credit reports for this year, you can order your credit reports directly from the credit bureaus for a fee. The bureaus all offer a three-in-one credit report that lists all three of your credit reports side-by-side. The three-in-one credit report costs more than a single credit report, but less than the combined price of purchasing your individual credit reports.
What is it? Home equity loans are for a fixed amount of money for a fixed time and at a fixed interest rate — but they are secured by your home. That means your home is collateral, and if you default on your loan, the lender may foreclose on your home. You can borrow a certain percentage of your home equity. That’s how much your home is worth minus how much you owe on the mortgage.

Authentic credit repair experts and companies owned by individuals who believe in doing something the right way when they put their name on it still exist. Taking a few minutes to find the time to locate genuine credit restoration specialists may be involved but it almost always easier than dealing with a fast credit repair decision made too quickly. Almost everything worth having requires a little bit of wait time – even in today’s world.


Hybrid loan option: CommonBond offers a unique “Hybrid” rate option in which rates are fixed for five years and then become variable for five years. This option can be a good choice for borrowers who intend to make extra payments and plan on paying off their student loans within the first five years. If you can a better interest rate on the Hybrid loan than the Fixed-rate option, you may end up paying less over the life of the loan.
The Fair Debt Collection Practices Act (FDCPA), a federal law that was passed in 1978, provides guidelines on the actions that debt collectors can take when they try to get consumers to make payments on their debts. It prohibits abusive, deceptive or unfair practices and puts limits on when and how third-party debt collectors can contact people who owe money.
The last step you need to take before petitioning the court is to read Form B2010. This notice gives a brief review of each type of bankruptcy, lists costs associated with filing and lists the debts that cannot be discharged with each type. As of 2018, the cost for Chapter 13 filing and administrative fees totaled $310 (not including attorney fees).
The deal is you get the prime rate for 3 years with no intro balance transfer fee. That’s currently 4.75% variable, though your rate will change if the prime rate changes, either up or down, and you have 60 days to complete your transfer with no fee. After that, it’s $10 or 3% of the amount of the transfer, whichever is greater. Also beware the prime rate deal isn’t for new purchases, so only use this card for a balance transfer.
Most credit counselors offer services through local offices, online, or on the phone. If possible, find an organization that offers in-person counseling. Many universities, military bases, credit unions, housing authorities, and branches of the U.S. Cooperative Extension Service operate nonprofit credit counseling programs. Your financial institution, local consumer protection agency, and friends and family also may be good sources of information and referrals.
Our Policies for Ask Experian: The information contained in Ask Experian is for educational purposes only and is not legal advice. You should consult your own attorney or seek specific advice from a legal professional regarding your particular situation. Please understand that Experian policies change over time. Posts reflect Experian policy at the time of writing. While maintained for your information, archived posts may not reflect current Experian policy. The Ask Experian team cannot respond to each question individually. However, if your question is of interest to a wide audience of consumers, the Experian team will include it in a future post. © 2018 Experian Information Solutions, Inc. All rights reserved. Experian and the Experian marks used herein are trademarks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.

Veteran journalist/blogger Tom Jackson has worked for newspapers in Washington D.C., Sacramento, Calif., and Tampa, Fla., racking up state and national awards for writing, editing and design along the way. Tom also has been published in assorted sports magazines, and his work has been included in several annual “Best Sports Stories” collections. Most recently, his blogging for various websites on the 2016 election won a pair of top honors from the Florida Press Club. A University of Florida alumnus, St. Louis Cardinals fan and eager-if-haphazard golfer, Tom splits time between Tampa and Cashiers, N.C., with his wife of 40 years, college-age son, and Spencer, a yappy Shetland sheepdog.
If a collector contacts you, they could be breaking the law as they try to get you to repay debts. Rheingold said one common fraud is debt collection companies buying past-due debt for extremely low prices at “debt auctions” and then trying to collect it. Often, the debt collection company only has a little information about the debtor and no information about the actual debt. If you don’t pay, however, they may try to take you to court.

All U.S. consumers are entitled to see their credit reports. Typically, copies are requested from the “big three” credit reporting agencies (Equifax, TransUnion and Experian). After obtaining a copy, it’s best to review the report. If you need to raise your credit score in 30 days, note any and all errors in the report. If errors are discovered, work to get them corrected as quickly as possible. A creditor may have erroneously reported late payments, or there may be outdated information on the report, like a defaulted loan that has since been paid in full.*
If you see missed payments that shouldn’t have been there, write it down. Your credit score is negatively impacted when you are 30 days or more past due. If you see a balance on a card that you haven’t used in years, it could be because the account has been stolen. Misinformation in the accounts section harms your credit score, so make a note of all incorrect information.
For secured debts, the value of the underlying collateral must be paid to those lenders, which can also increase your overall debt burden under the plan. And because the debts take several years to be discharged, the debtor is expected to maintain payments during that time. If they cannot, then they may find their filing dismissed and collections and foreclosure procedures restarting.
We made the following tips as practical as possible to give you both the structure of a plan and a clue about how to actually stick to it. Knowing what to do and actually doing it are two very different things, after all. We also explored how long the hands of time will have to turn before you can put bad credit behind you, hopefully once and for all.
Excuse me angry person commenting below my comment, I dont feel the need to prove to anyone that my review is genuine, the results im recieving are enough for me however, This is a platform for consumers like myself to share our experiences with other people ACTUALLY looking for credit repair. It honestly seems very odd to me that you targeted all Reliant Credit Repair Reviews and not the Clean Slate ones that seem to have quite a bit of likes and posts. Are you implying that their reviews are fake as well? look i think i speak for everyone on when I say if we want to leave a review about our experience we have the freedom to do so on this platform and if you dont like it please take your negativity elsewhere. Thank you. Ill be posting my review on Google and Yelp with photos for those who want to see my progress -Mr. Masha

You might think it's a wise idea to use leftover cash, like a holiday bonus, to pay down your debt. But you also want to make sure you're setting aside extra money for things like an emergency savings account. "Don't put all extra funds toward debt. Doing so just leaves you in a place where you do not have any cash to cover an emergency. Having no cash for an emergency, say a car repair, means taking on more debt, perpetuating the problem," says Krista Cavalieri, a certified financial planner and owner of Evolve Capital, based in the Columbus, Ohio, area. Keep in mind, that additional money could be better spent on essential big-ticket items.
Rapid rescoring is for people who are in the process of applying for a mortgage or other type of major loan and, because of their low credit scores, are being denied credit or offered a high interest rate. Individuals cannot initiate rapid rescoring on their own, but a lender can do it on their behalf. The rapid rescoring service works with credit bureaus to quickly remove incorrect negative information from your report.
If you already have a good-to-excellent credit score and a low debt-to-income ratio, you may want to consider refinancing your student loans. When you refinance your loans, you take out a new credit-based private student loan and use the money to pay off some or all of your current loans. (The lender will generally send the money directly to your loan servicers.)
The targeted advertising resulting from this information sharing is related to common product and service categories, such as travel and leisure, automotive, retail, financial services, electronics, pharmaceutical and consumer products, publication subscriptions and similar categories that you see advertised routinely. These advertisements are not based on data relating to adult content, individual or aggregate health information or records, precise geographic location, information derived from your individual credit report (with the exception of Credit Based Offers that you authorize us to present to you as specified in the applicable Terms and Conditions agreed to on certain CIC websites), or information relating to your financial accounts. We use cookies to facilitate the sharing of this information while you are online. Information in these cookies is updated from time to time to ensure that it is up to date and relevant. In order to appropriately safeguard the information in them, as described above, these cookies are encrypted. At this time we do not respond to “do not track” browser signals.
Hybrid loan option: CommonBond offers a unique “Hybrid” rate option in which rates are fixed for five years and then become variable for five years. This option can be a good choice for borrowers who intend to make extra payments and plan on paying off their student loans within the first five years. If you can a better interest rate on the Hybrid loan than the Fixed-rate option, you may end up paying less over the life of the loan.
You could misuse loan funds: A home equity loan can be used for just about anything, and that may be problematic for borrowers with poor spending habits. You may, for instance, want to pay for an upcoming vacation or wedding, but that will only result in more future debt without any return on your investment. Home repairs or renovations are a better use of funds, as they can increase your property value.
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.
Chapter 13 also makes it easier to repay debt since it effectively consolidates all the listed debt into one payment that can be made to the trustee monthly. In the case of what’s called a “cramdown,” Chapter 13 may even allow a debtor to reduce the amount owed on their secured debt by reducing the balance to match the value of the underlying collateral and effectively reducing the interest.
I have approximate $15,000 in high interest credit card debt and just spinning my wheels making minimum monthly payments. My credit is borderline fair/good. Would credit counseling help me pay this off quicker?? I just recently leased a brand new car for 3 years and when the time comes to trade it in or finance it and keep it I want my credit to be okay to do so. What do you recommend for me??

You cannot sign up for new credit cards, nor can you use the ones you have. While it may sound unreasonable to bar you from using credit, the point of your debt management plan is helping you dig your way out. “The last thing you want to be doing is running up more high-interest debt on the side,” said McClary. “You’re not doing yourself any favors in that situation.”


The good news is that, by choosing a nonprofit credit counseling agency, you can end up with an affordable option that will leave you better off. Despite the monthly fees these plans charge, debt management can help you save thousands of dollars through reduced interest rates and creditor concessions. Plus, you get valuable advice and financial guidance all along the way when you choose to work with a nonprofit credit counseling agency versus a for-profit agency who is “not directed to provide coaching or advice,” said McClary.
Yesterday, Margot used Card #3 to buy an $800 flat-screen TV. Although she only used 8 percent of her total credit limit of $10,000, she charged 80 percent of Card #3’s $1,000 limit. While it’s not an exact science, making an effort to even distribute expenses will likely help your score. Next time Margot wants to spend $800, she should take advantage of Card #2, which would only charge 16 percent of its limit. Utilization can be a friend or foe—practice some planning and let this credit repair component work for you.
Typically this is how these companies work: Instead of obtaining a new loan to pay off your credit cards, the debt management company tries to negotiate with the credit card companies to reduce your interest rates or otherwise lower your monthly payments. Each month, you make a single payment to the debt consolidation firm and it distributes a portion of your payment to each of your creditors. Usually, it also keeps a portion (or sometimes all) of your payment to cover its own fees.
At Pinnacle Credit Management we bring to you fast credit repair services unlike any other company around. We know how hard the search for the right credit repair company can be. We are a trusted company and have local offices in the San Francisco Bay Area, New Jersey, and New York City. We want to prove that we are the best in the business so we offer a totally risk-free, no obligation guarantee! If we are not able to improve your credit we will refund all of your money no questions asked! Your relationship and our reputation are important to us. We strive to build your credit score fast so you can achieve your financial goals. We want to be remembered as the company that changed your life!
You might be used to checking out at a store and being asked if you’d like to open a credit card. While these credit cards come with really high interest rates and are great tools to tempt you into buying items you don’t need, there is a big perk to store credit cards: they’re more likely to approve people with low credit scores. Just be sure to only use the card to make one small purchase a month and then pay it off on time and in full. Unsubscribe to emails about deals and don’t even carry it around everyday in your wallet if you can’t resist the desire to spend. Read more here. 
One of the biggest pitfalls of debt consolidation is the risk of running up new debt before the consolidated debt is paid off. When you finish paying off credit cards with a consolidation loan, don’t be tempted to use the credit cards with their newly free credit limits. If you think you might, close the accounts. You may have heard that doing so could hurt your credit score, and it might. But you can recover from credit score damage much more easily and quickly than you can recover from crushing debt.

Consolidating the debt probably won’t hurt your credit scores over the long run, but there could be a short-term impact from the new loan with a balance. So I can’t guarantee that your scores won’t dip when you do this. If your scores are strong enough to get the lease now you may want to go ahead and do that. If not you may be taking something of a chance – it could go either way. Will Debt Consolidation Help or Hurt Your Credit?
Repairing your credit includes paying off those debt collection accounts. Until you do, you face relentless calls and letters from debt collectors. While you can take action to stop debt collector calls, collection accounts often move from one debt collector to another. When a new collector gets your debt, you’ll have to go through the process of sending letters to stop the calls all over again.

Most credit counselors offer services through local offices, online, or on the phone. If possible, find an organization that offers in-person counseling. Many universities, military bases, credit unions, housing authorities, and branches of the U.S. Cooperative Extension Service operate nonprofit credit counseling programs. Your financial institution, local consumer protection agency, and friends and family also may be good sources of information and referrals.
Self Lender, based in Austin, Texas, is designed to help consumers increase their financial health. Working in partnership with multiple banks, Self Lender offers a credit-builder account that is essentially a CD-backed installment loan. In other words, you open a CD with the bank and they extend a line of credit to you for the same amount. When you make payments, they report it to the credit bureaus.
Many times people who may or may not require surgery consult a surgeon for advice and forget to gather that second opinion from a non-interested party. Logic would dictate that asking a mechanic if there is anything wrong with a car is probably going to result in a repair and a charge. Sometimes all it takes is that second opinion which can save additional surgeries or costly auto repairs in a world where “extra” expense and unnecessary pain simply do not belong. Fast credit repair companies make it sound simple when it comes time for paying the big upfront fee, but the complications often follow.
Repairing your credit includes paying off those debt collection accounts. Until you do, you face relentless calls and letters from debt collectors. While you can take action to stop debt collector calls, collection accounts often move from one debt collector to another. When a new collector gets your debt, you’ll have to go through the process of sending letters to stop the calls all over again.

Collections – If there are collections on your credit report, check to be sure there are not multiple reports of the same unpaid bills. Collection accounts are bought and sold, so the same information could be reported by more than one agency, which would make your credit history look worse than it is. Send documentation to prove the debt is listed more than once.
Getting negative and inaccurate information off of your credit reports is one of the fastest ways to see an improvement in your scores. Since credit bureaus have to respond and resolve a dispute within 30 days (there are a few exceptions that may extend this to 45 days), it’s a short timeline. Especially when consumers want to buy a house, get a new car, or open up a new credit card soon and don’t have the time to wait to build good credit in other ways.
Both Chapter 7 and Chapter 13 bankruptcy can allow you to keep your house if requirements are satisfied. Chapter 13 bankruptcy is especially popular with homeowners who have considerably equity since it allows them to stay in their home and continue making payments while they pay off all, or a portion of, their other debts through a repayment plan..
If you’re looking specifically for a nonprofit credit counseling agency to work with, explore NFCC member agencies, all of which are nonprofit. NFCC member agencies are required to meet eligibility criteria that ensure they are accredited by a third party, upfront about included fees and provide consumers with counseling and financial guidance that can help them improve their finances over time.
Balance transfer deals can be hard to come by if your credit isn’t great. But some banks are more open to it than others, and Aspire Credit Union is one of them, saying ‘fair’ or ‘good’ credit is needed for this card. Anyone can join Aspire, but if you’re looking for a longer deal you also might want to check if you’re pre-qualified for deals from other banks, without a hit to your credit score, using the list of options here.
That takes care of your existing credit accounts. To help establish positive credit history, you might contemplate opening new credit accounts in various categories. Showing that you can handle fixed payments as well as credit cards is a plus in the long term. An installment loan for furniture, an auto or a personal loan will round out your credit profile. You might also consider a secured credit card (make sure the issuer reports to the major credit bureaus) if you do not qualify for other types of new credit. Lastly, apply for credit only if you need it and if you can afford new payments. Credit applications generate inquiries on your credit report, which could ding your score in the short term.
How it works: You can add your teen as an authorized user to your account by logging in to your online account or calling the number on the back of your card. The information required typically includes their name, birthday and SSN. After adding your teen as an authorized user, they will receive their own card that is linked to your account. They can use their card to make purchases just like you would.
You’ll have a choice to apply for the Visa Platinum Cash Back Card from andigo, Visa Platinum Rewards Card from andigo, or Visa Platinum Card from andigo. The Visa Platinum Card from andigo has a lower ongoing APR at 11.99% - 20.99% Variable, compared to 11.99% - 20.99% Variable for the Visa Platinum Cash Back Card from andigo and 13.40% - 22.40% Variable for the Visa Platinum Rewards Card from andigo. So, if you’re not sure you’ll pay it all off in 6 months, the Visa Platinum Card from andigo is a better bet.

Having bad credit can tempt you to use your child’s credit. You might think you’d never do that but you never know what you’ll do when you’re desperate. Say you have to have electricity turned on, but your credit’s too bad. You could easily rationalize using your child’s credit to have the electricity turned on. Keep your own good credit and you won’t think about exploiting your child’s.
The debt management companies will refrain from making payments and attempt to negotiate a settlement with the creditors on your behalf. In general, credit card companies will collect aggressively for the first 180 days. After 180 days, the debt is written off. Many banks will then sell that debt to collection agencies at a fraction of the face value. Collection agencies are usually willing to take a discounted settlement from the borrower, because they did not pay full price for the debt. These programs can take a couple of years to complete and the negative information stays on your credit report for seven years.
What can and DOES change is whether you have a collector pursuing you for the debt. If you are talking about a dormant account that has been in collections and has finally been left alone with no collections activity for a few years, messing with it can be problematic from the point of view that the collections people will start pestering you again to see if they can get money and if the SOL isn't up, they can start reporting on it again which can affect your score or they could even file suit if your state SOL isn't up.
The Amex EveryDay® Credit Card from American Express includes an extended intro period now at an intro 0% for 15 Months on balance transfers and purchases (14.74%-25.74% Variable APR after the promo period ends) and a $0 balance transfer fee. (For transfers requested within 60 days of account opening.) This offer is in direct competition with other $0 intro balance transfer fee cards like Chase Slate®.

Debt management companies will often use marketing language that makes them sound like consolidation loans. Typically, a debt management company will ask you to start paying them instead of the credit card companies. These companies will hold the money in an escrow account and will not pay the credit card bills. As a result, your accounts will become delinquent. Your credit score will be negatively impacted. And collection calls will be initiated.
Paying your outstanding balance a few days after you receive your paycheck, rather than waiting until your due date, will help minimize the balance that’s reported to the credit bureaus and used to calculate your credit utilization. This can work both with multiple monthly payments or a carefully timed single payment. Automating withdrawals from a bank account is a great way to enforce the plan and eliminate forgetfulness.
At this point, you will need to continue following the advice of the credit counseling agency you hired to help and remember the benefits of being debt-free. Life is a lot more difficult when you’re juggling credit card bills and other payments each month. If you want to avoid winding up back in debt, it’s crucial to remember how far you’ve come and how wonderful freedom feels.
This last step is easy too! Our strategy puts the bad credit of your past further and further behind you showing the credit bureaus that you are improving your credit. We make this easy for you by hand selecting the right credit cards for you to choose from - the ones that will get reported to the credit bureaus and are easier for individuals going through credit repair to get approved with.
Many times people who may or may not require surgery consult a surgeon for advice and forget to gather that second opinion from a non-interested party. Logic would dictate that asking a mechanic if there is anything wrong with a car is probably going to result in a repair and a charge. Sometimes all it takes is that second opinion which can save additional surgeries or costly auto repairs in a world where “extra” expense and unnecessary pain simply do not belong. Fast credit repair companies make it sound simple when it comes time for paying the big upfront fee, but the complications often follow.
No one can legally remove accurate and timely negative information from a credit report. You can ask for an investigation —at no charge to you — of information in your file that you dispute as inaccurate or incomplete. Some people hire a company to investigate for them, but anything a credit repair company can do legally, you can do for yourself at little or no cost. By law:
Home Equity Loans and Lines of Credit: Before the 2008 financial crisis, this was one of the most common methods of consolidating credit card debt. The benefit of a home equity loan is the low interest rate and the ability to deduct the interest. However, you put your home at risk and tempt yourself with extending the term. Credit unions offer particularly low interest rates. You can visit your local credit union, or work with a national credit union like PenFed, which offers home equity loan interest rates as low as 3.74%.
Consolidating credit cards and leveraging low balance transfer offers has the potential to increase your credit score. But to accomplish this, it’s important to follow a few pointers. For example, for the general population, 30 percent of the FICO® Credit Score is determined by “credit utilization,” which is the amount of credit actually being used.1
Hello Your response was very informative.  I have poor credit is well and want to get into my first home. I want to pay off on my creditors I was with a credit company that helps build your credit and I was paying 80 dollars a month. Not sure if you know but I wanted to ask is there away that I can just pay the creditors directly and just pay it.  It would be from three years ago

Your best bet is to call and ask to see if they can put you on a payment plan where you can afford to pay them (even if it’s just the bare minimum a month) or if they will possibly settle for less money. A tip: anything that has your name attached (banking account,utility bills, credit cards, anything you finance, student loans, medical bills, car loans, home loans, your apartment, etc) that you miss a few payments on or don’t pay at all can be reported to the credit agencies and sold to collections companies.
×