If you’ve been following my work for some time, then you may have heard the countless interviews I’ve done with extraordinary guests who rebounded from some pretty deep debt. They’ve also shared some great tips over the years about how to fix credit.
Many of you have reached out over the years to provide amazing feedback on these podcasts.
You love these interviews because they give you hope. If these people could bounce back from tens of thousands of dollars of credit card debt, bankruptcy, identity theft and more then you can too.
This warms my heart because I know how emotional it can be when you’ve made some mistakes (or are a victim of someone’s else’s bad behavior) and ruined your credit as a result.
How poor credit impacts your life
I’ve seen first-hand how struggling with unmanageable debt takes a massive emotional, physical and mental toll on a person. I’ve seen how it can spiral, sometimes because of misinformation and because there can be so much shame attached to having poor credit.
In these situations, it can seem like there is no way out and you’ll never be able to climb out from under that mountain of debt. It seems like you can never move the needle and fix your credit.
You sometimes feel like you can never start that business, buy that house, replace your broken-down car, or do any of the things you’d love to do because you’re chained to your debt.
So, for those of you in that situation, I’m glad that my content gives you hope. I’m glad you are able to see you’re not alone and that this challenge can be overcome.
You have more options than you think to improve credit
Many of you have also reached out to me wondering what your options are. You may think that finding money and paying off your debt is the only option you have but, depending on the situation, that may not necessarily be true.
Because, let’s be real here.
Sometimes cutting out any unnecessary expenses and throwing that extra money toward the debt isn’t enough.
That side job you got just to pay off the debt may be helping a little bit, but may not really putting a dent in the debt either.
People also just don’t know what tools are available to them to make the credit repair journey easier. And, sometimes, consumers in this situation may not even know what rights they have.
For example, did you know that by law the information reported about you to credit bureaus must be accurate, fair, relevant, substantiated and verifiable?
These are standards creditors MUST uphold and there’s a chance they are not. That means that you, the consumer, have options.
This is where a service like CreditRepair.com can be your best friend as you fix your credit. After all, in these situations, it’s important to have support and experts on your side.
So, if you feel like your debt is unmanageable and you need some help, here’s what to do.
Step 1: Forgive yourself.
You’re not the first person to have poor credit and you won’t be the last. The reality is most people take out credit cards before they even truly understand how credit works. You did the best you could with what you knew at the time and that’s okay.
Sometimes it’s not even because you didn’t know how to manage credit. Sometimes a layoff, a recession, an illness or a divorce can throw you for a loop. This is called life and it happens all the time.
Beating yourself up over these things is not going to serve you as you work to improve your credit, so forgive yourself and move on.
Step 2: Ask for help.
Asking for help can be hard. Especially when it comes to money which is typically associated with a lot of shame.
We already talked about how to release some of that shame, so now it’s time to ask for help. If your debt is unmanageable you cannot fix it alone, and there’s no reason why you should have to.
With CreditRepair.com, they work with you to come up with a plan to fix your credit according to your needs. They also work directly with creditors to uphold them to their obligations and update the credit bureaus with the most accurate information. Sometimes, this leads to negative items being removed from your report because the creditors have not upheld their part of the bargain.
Step 3: Follow the advice and track your progress
Each person’s situation is different, and CreditRepair.com understands that. That’s why the come up with a customized plan for each of their customers. These plans are created with your specific credit goals in mind.
So what does this mean? It means trust the process and follow the advice. It also means you should keep track of your progress so you can see how far you’ve come.
Remember, just because you have bad credit doesn’t mean you need to be stuck with it forever. Tracking your progress toward your goals can help motivate you and get you there faster.
How do I know this is legit?
Are there scam companies out there posing as credit repair? Yes. But that’s not the case here.
CreditRepair.com is a trusted partner of top financial companies including Lending Tree, Credit Karma, Mint, and Bankrate. Trust me, I’ve worked with a lot of these guys and used many of their products myself. They wouldn’t be partnering with CreditRepair.com if it wasn’t legit.
How do I get started?
You can sign up online at CreditRepair.com. From there they will pull your reports and get to work with your customized game plan.
If you’d like to speak to a person directly just give them a call at 1-884-209-1447 or on Twitter at @CreditRepair