Common Credit Report Myths
The most common myth that people assume is that they have to wait for 7 years or more for items to fall off their credit report. Another myth is that their credit is so bad, it is beyond fixing. The majority of people have an advantage they do not realize. There is a solution! Normally, late payments, collections, charge-offs, write-offs, repossessions, etc stay on your report for 7 years before they fall. The problem is accounts get sold from the original creditor to a collection agency and now they are looking at the same collection being reported on their credit report for another 7 years for the same debt! Collection agencies alone will even ignore an account for removal, long after 7 years. This can come across as a definite deterrent when lenders are reviewing your credit report, as you are seeking to open new lines of credit. Stop being judged by your credit score.
Some people go and pay off their collection accounts thinking that because it was paid it would be deleted from their credit report and this is not the case. In fact, all that happens is it gets updated on your report as a paid collection account and continues to report as a negative standing account. There are ways to get help when you are facing bad credit due to late payments, collection accounts, or any derogatory account on your credit report.
Credit Services of America has the answer. We have helped many clients in deleting many of these negative accounts; Bankruptcies, collections, charge offs, auto repossessions and even accounts that may have been late 30, 60 or 90 days. Credit Services of America offers FREE credit consultations to give you the truth about your individual situation. We analyze your credit report and explain to you in detail what services would better suit your own personal situation. Calls us today at 844-349-8727 to help you get started, there is no better time and NOW to get started on working on a better future for yourself through better credit.
A Goal without a Plan is just a Wish. Give us a call TODAY at 844-FIX-URCR or click on the following link creditservicesofamerica.com to schedule your FREE consultation and create your personalize plan to achieve your credit and debt GOALS!
*Individual results may vary. Please call for details and to discuss your own individual situation. We are not a law firm and do not give legal advice.
