CREDIT REPAIR SPECIALIST IN VIRGINIA BEACH
There are many credit repair specialist in Virginia Beach out there that offer solutions for your credit problems. Most people with credit problems want to get out of them as fast as they can. This sometimes is not possible as many problems on your credit report will take time to fix. It is necessary to have a professional or a third party taking care of your financial problems and especially so when you have tried on your own and failed. So are credit repair companies legit or scam? There is no clear cut answer to this because it depends on the company in question. Here are some easy ways to identify a legit and a scam company.
Contract – since fixing your credit problems is not a one day thing most legit credit companies will enter into a contract with you. The contract should be clear and should indicate the prices, the results that you expect and all other important issues in the process of fixing your credit. When choosing a company get one that enters into a contract and read the contract through to ensure you are aware of to expect.
Payments – for legit companies that can get you through the credit problems, they do not require you to pay them upfront. This is because, if they know for sure that they can be able to deliver what they promise, then they can wait for the payment when they deliver it. Scam companies will always ask for upfront payments so that it becomes easy for them to rip you off when they are unable to deliver. For legit companies they know they are confident and will give you what they promise in the agreed duration therefore can wait on the payment later.
Achievable Promises
What has the credit repair company promised you? The promises offered by the company should be achievable. For instance it is not possible for the company to erase all the bad credit history from your report. It is not possible to change your credit history fast, as some will promise. Some negative information will stay on your report for up to ten years. Some will be there for seven years so it is important to know that you will not be starting on a new slate anytime soon. Also repairing your credit information takes time.
What solutions do they offer?
The company should be able to offer you solutions that will last long. Quick fixes will not work here and they may get you into more trouble. It is important therefore that you evaluate the solutions that are presented to you by the credit repair company so that you know if they know what they are doing.
Investigate the company on the above points to evaluate whether they are scam or legit.
Contract – since fixing your credit problems is not a one day thing most legit credit companies will enter into a contract with you. The contract should be clear and should indicate the prices, the results that you expect and all other important issues in the process of fixing your credit. When choosing a company get one that enters into a contract and read the contract through to ensure you are aware of to expect.
Payments – for legit companies that can get you through the credit problems, they do not require you to pay them upfront. This is because, if they know for sure that they can be able to deliver what they promise, then they can wait for the payment when they deliver it. Scam companies will always ask for upfront payments so that it becomes easy for them to rip you off when they are unable to deliver. For legit companies they know they are confident and will give you what they promise in the agreed duration therefore can wait on the payment later.
Achievable Promises
What has the credit repair company promised you? The promises offered by the company should be achievable. For instance it is not possible for the company to erase all the bad credit history from your report. It is not possible to change your credit history fast, as some will promise. Some negative information will stay on your report for up to ten years. Some will be there for seven years so it is important to know that you will not be starting on a new slate anytime soon. Also repairing your credit information takes time.
What solutions do they offer?
The company should be able to offer you solutions that will last long. Quick fixes will not work here and they may get you into more trouble. It is important therefore that you evaluate the solutions that are presented to you by the credit repair company so that you know if they know what they are doing.
Investigate the company on the above points to evaluate whether they are scam or legit.