I saw an add where you can pay a company to remove negative things off your credit report to increase your credit score. Is this just a scam or is it the real thing?
Can you pay someone to increase your credit score?
Those companies will consolidate your bad debts and set you up with a payment plan, one lump sum to pay each month and then distribute the money to all the collectors on your credit report. It won%26#039;t really raise your credit score right away, it will pay your debts and maybe allow you to build up credit so you can increase your score. It%26#039;s a slow process if you have a lot of bad debt.
Can you pay someone to increase your credit score?
They will charge to fix what should be fixed. Stuff that is on the report erroneously. Otherwise the best way to bring your score up is to pay your bills on time all the time.
Can you pay someone to increase your credit score?
It is theoretically possible for someone to do that, though i have never heard of a company that does that. It illegal and you can be severely punished if you are caught pay for or doing that yourself. best way is to not ruin your credit score. For the company you saw, ignore it, it may be a scam.
Can you pay someone to increase your credit score?
Little things can quickly boost your credit score. For starters, begin establishing a good payment history with creditors. Because payment history contributes to 35% of credit scoring, paying creditors on time is a great way to increase your score. Furthermore, reduce your outstanding debts. Debt contributes to 30% of scoring. Thus, the more debt you have, the lower your score. Keeping credit cards at their maximum limit is damaging. If possible, keep cards at about 25% of their maximum limit.
Can you pay someone to increase your credit score?
Yes, they can. Or you can do it yourself, but you have to know how !
http://index-go.com/debt-consolidation-r...
Can you pay someone to increase your credit score?
those companies are scams. they usually cost about $2000 and everything they remove comes back. i have had good experience with this company called We Teach Credit that helps you establish a good credit rating without trying to cheat the system and is isn%26#039;t as expensive. check out their website.
www.weteachcredit.com
Can you pay someone to increase your credit score?
usually it is a scam you can do it for your self. read up and educate your self.
I have brought my score up from 620 to 716 in about 6 months collections really ding and keep credit card under 25 perecent and pay on time dont miss payments..........
Some places will do a delete for pay, get it in writing first.
If you dispute and they dont answer you in 30 days they have to delete it from your credit.
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