Search Results for: blog credit repair scams

Do It Your Self Credit Repair

Given our whole discussion on credit counseling and credit repair companies, you may wonder… can I just do it myself? The answer is… absolutely! Everything a credit repair company will do, you can do yourself instead. The advantage of DIY credit repair and debt management is you save yourself money AND prevent the hassles of finding a reputable company. Before you launch into this… there is one key thing to consider. Ask yourself seriously, how did I get into this credit and debt mess to begin with? You will have a lot of trouble with doing it yourself, if you … Continue reading →

Choosing a Credit Counseling Agency

This month I have been discussing credit counseling services. In Do you Need Credit Counseling?, I gave some possible benefits to credit counseling services. Then in Credit Repair Scams, I gave some possible pitfalls of credit counselors. Today I wanted to offer some help on how to find a good credit counseling agency if you have decided to take the leap for help. Unfortunately, the credit counseling industry is full of scams and poorly run companies. The rules that govern them can vary greatly from state to state, plus they are confusing and disorganized. Relying on the law to help … Continue reading →

Credit Repair Scams

If you are on the hunt for ways to improve your credit, be very careful of credit repair scams. Anyone that makes big promises about erasing your debt or any guarantees of quickly improving your score… be wary. In the world of credit and debt, if something seems too good to be true, it most likely is. Debt reduction and credit repair take dedication and hard work. There are no quick fixes. The Federal Trade Commission monitors and regulates the credit repair businesses. Due to good consumer watchdogs, many have been shut down. Still, it pays to be very careful… … Continue reading →

Non-profit Financial Companies

Generally, when people hear that a company is a non-profit, they assume the organization is only for the benefit of others. Unfortunately, this is not always true. Many unscrupulous financial organizations realize that the perception of a non-profit is one of good and caring. Therefore, they will purposefully set up their organization as one, just to further swindle you. Of course, this does not mean that all non-profit financial companies are scams, just that you need to be as cautious even if the organization is a non-profit one. Certainly, the non-profit organization, Consumer Credit Counseling Services, is a fine example … Continue reading →

When the Dust Settles and Rebuilding Begins

If there is only one good thing about the recent wildfires in Southern California, it may be that the majority of homeowners and many renters will be insured for their home and personal possessions. The most basic homeowner and renter insurance policy covers for the peril of fire. When there is a widespread disaster it may take a little longer to settle the claims with the insurance company, and it may be difficult to find all of the materials, equipment and people needed to get everything rebuilt and repaired. Resources may be limited, and victims of a widespread disaster often … Continue reading →