There is a lot of information out there about credit.
CREDIT DMS IS YOUR HELP TODAY!
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http://bit.ly/11HW6j1
Unfortunately not all of it is true, here are some common credit myths:
MYTH: When I pay off a past-due account, such as a charge-off or a collection account, it will show “paid” and will no longer negatively affect my credit report.TRUTH: Unfortunately, paying off a charge-off won’t remove it from your report. In fact, it may stay on your report for up to 7 years after your payment.
MYTH: If I succeed in deleting a negative item, it will just come right back on my credit report.
TRUTH: If we remove an item from your credit report, it won’t come back. All of our results are permanent.
MYTH: There are negative listings, such as bankruptcies and foreclosures, that are impossible to remove from the credit report.
TRUTH: We have had success in removing inaccurate/unverifiable bankruptcies and foreclosures. (Your actual results may vary.)
MYTH: Disputing the credit report is easy and any consumer can do it himself for the price of a few postage stamps.
TRUTH: Yes, you can. Disputing items is easy. Getting results may not. Many of our clients have found that the bureaus are not very cooperative in assisting them to correct the items on their reports. They want to make the process difficult for the consumer, they are hoping that you will just give up, and not pursue them.
That is where we come in. We have many years of experience in dealing with the credit bureaus. Our job is to ensure they are in compliance with all aspects of the reported information that you request for us to challenge.
CREDIT DMS IS YOUR HELP TODAY!
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http://bit.ly/11HW6j1
MYTH: By changing numbers in my social security number or by using an EIN tax number, I can fool the credit bureaus into creating a completely clean, new credit file under my name.
TRUTH: This is NOT legal! We recommend that you stay far away from anyone who suggests this method to you.
MYTH: If I build enough good credit, it will offset my bad credit and make me credit worthy.
TRUTH: While this will help in the long run, your negative items will still bring your scores down. Removing the inaccurate information is the fastest way to restore your credit worthiness.
MYTH: I can improve my credit score by closing down some credit cards.
TRUTH: This is not typically the case. You want to keep the credit cards with a long, positive credit history. The longer the account remains open, the better the positive impact is on your scores. Your cards will automatically close down after a long period of inactivity. A closed account is not generating any current history which your scores rely upon.
SO HERE IS THE GOOD NEWS........
CREDIT DMS IS YOUR HELP TODAY!
WHY NOT ?
START YOUR RECOVERY TODAY .....SO YOU DON'T FIND YOURSELF LOOKING FOR YOUR CREDITORS LIKE THIS...
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