More Michiganders are concerned about improving their credit scores than ever, and that’s a very good thing. Having a bad credit score can prevent you from getting a good interest rate on a loan. It can also cause you to pay more for car insurance, and possibly keep you from getting a better job. Michigan consumers have been through some rough financial times in the recent past. However, things are starting to turn around. As the economy improves and the job market opens up, now is a great time to repair bad credit. You may even decide to use a credit repair company, which offers certain advantages.
When Michigan Consumers can Benefit from a Good Credit Repair Company
When it comes to choosing a credit repair company in Michigan, you really can’t be too careful. There are some very good ones out there. Yet, there are also a few scam artists disguised as credit repair pros. First and foremost, you should never pay a credit repair service in advance. Also, before signing up with a company, you should receive a contract that outlines all of the services they intend to perform.
Another important thing to remember is that legitimate credit repair companies won’t promise to remove items from your report that are supposed to be there. They can only ask the credit bureaus to remove errors from your credit reports. Believe it or not, about 80% of consumer credit reports contain errors of some type. Sadly, a lot of these mistakes are significant enough to bring down your credit score.
However, when it comes to valid negative credit report items, you’ll have to wait (seven to 10 years) for these marks to expire. In the meantime, of course, you can still improve your credit. Pay your bills on time, use credit responsibly, and keep your credit card balances low. See https://youtu.be/I0YtMlDDz-w for a short video on how to go about hiring a credit repair company.
Should Michiganders Try to Fix Bad Credit on their Own?
Can you have errors removed from your credit reports on your own? Yes, the Fair Credit Reporting Act (FCRA) entitles you to accurate credit reporting. Also, the Fair and Accurate Credit Transactions Act (FACTA) gives you the right to request a free copy of your credit report from each of the major credit bureaus every 12 months. Getting your complimentary credit reports is as easy as going to www.annualcreditreport.com and filling out a form. Once you’ve received your credit reports, you should look them over carefully to see if they contain any errors. Once you find a mistake, you should start the dispute process, and this is where a credit repair service can really be helpful. See https://youtu.be/tEnHv7wx8K8 to learn how to read a credit report.
If you don’t have experience when it comes to dealing with the credit bureaus, the process can be time-consuming and even frustrating. On the other hand, if you hire an experienced and reputable credit repair company, all of the work will be done for you. They may even be able to find disputable items on your credit reports that you’ve overlooked.
If you do decide to use a credit repair service in Michigan, make sure that you shop around to find the company with the best rates and the most consistently good customer reviews. Talk to a representative from the company and be 100% honest about your credit goals and expectations. Also, be prepared to walk away if you don’t like the terms of the contract you’re offered or anything seems remotely suspicious.
How Michiganders can Get a Free Credit Repair Lawyer
Again, there are good credit repair services in Michigan, but, as an alternative, you can get an experienced credit repair lawyer to clean up your credit reports for FREE. At Michigan Consumer Credit Lawyers, we believe that hardworking Michigan consumers deserve accurate credit reporting, and we have plenty of experience when it comes to working with the credit bureaus.
Don’t let errors on your credit reports bring your credit score down. At Michigan Consumer Credit Lawyers, we’ve been cleaning up credit reports for consumers since 2008 for free. How do we do it? All of our fees come from the defendants in settled cases. This is why our clients pay nothing for the work we do.
Let’s start the conversation about what we can do for your credit. Set up your free consultation today by calling Attorney Gary Nitzkin at (248) 353-2882 or contact us on our contact page. You can also visit https://youtu.be/HzPeLWJaUPc for a short video about our firm.