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Avoid Credit Repair Compaines. They only make your credit worse, not better.Tell a Friend

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Home > Bad Credit Car Loan Help

Here is a common mistake to avoid when trying to repair your credit. Many people, especially in this current economic downturn, have bad credit. There has been a major increase in "credit repair" companies. They all claim to offer an easy painless solution to an individual's credit woes. For the most part, their assistance is expensive to you and does little in helping you rebuild credit. They typically call your creditors and arrange a payment schedule and then they charge you a fee for that service. It is our opinion that, this can be done yourself. Most companies who hold debt want only one thing, and that is to be paid back. If you call them, and ask to be placed on a scheule of repayment that you can handle financially, most will glady work with you and accomodate you. Don't fall victim to easy fixes and promises of painless credit repair by these "for profit" companies that have recently sprung up everywhere. It will likely put you further in debt.

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