Where and How to Start Repairing Bad Credit for FREE
Have you ever felt that you are not earning enough? Have you ever felt that you have done everything but the ends simply could not meet the means?
You are not alone.
Even the best financial guru sometimes struggle to provide for daily needs probably because of the system or other reasons.
We worked harder. We worked two jobs. But the bills are continuously on the rise as well.
It seems like a precarious situation to be in but the good news is there is a way out. The problem is most often, we can not afford the means to find the solutions.
That brings to us a whole set of a new dilemma to ponder on.
One solution to opt for is building your credit status. To do so, you need to find the resources that can help you get results.
One Google search and you will find a vast of credit repair kits which help repair credits. However, these are only available to those who have the means to pay for them and unfortunately not everyone has some cash to spare on purchasing these
Some of us struggle harder than others just to survive. Life is forever changing and to keep up with the changes we all have to find a solution. The good news is, you can get a FREE repair kit.
Firstly, you will have to check out the local library. It contains a wide variety of information that is made accessible to the general public. Most libraries have credit repair kits, credit repair books, or debt management solution books which are FREE of charge. You can also make use of the copy and fax machines available in libraries as well. You can obtain copies of the letters you can write to the creditor. All you have to do is make yourself a copy, study it carefully and voila! Congratulations, you can start your journey towards a better credit score.
Another alternative is a Pro Bono Bankruptcy, which means you are your representation in court. Furthermore, you can either file a Chapter 7 Bankruptcy or a Chapter 13 Bankruptcy. In the former, you have to pay monthly installments. In the latter, however, the court will wipe out your debts. But, keep in mind that bankruptcies last on a report for up to 10 years longer. There are lots of instances where people who filed bankruptcy were able to get loans for mortgage, cars and so on.
In any cases, avoid debt consolidation at all because it means you will be paying fees and costs to others to get out of debt, which only adds up the bills. You can seek a Debt Counselor from a reputable organization but you might want to do a thorough check first before spending money or paying for any services. Additionally, you can verify the business through BBB based on the free information that they provide.
Just remember, there are NO shortcuts to improving your credit standing as soon as possible and any companies who promised to do are most probably fraudulent ones. Paying your bills will not indemnify your credit rather it will continue listing all the bad debts. It will only say after the debt listed - Resolved.
Get your free credit reports from TransUnion, Equifax, and Experian. Any information that you will need is available online. Being aware of your status in life is a good start to repairing your bad credit.