credit-jerk-blog

Credit Repair Scam

Wed, 06 Oct 2010 22:56:53 +0100

Since the economy has crashed, the average credit score has dropped. On average most Americans can't get the same interest rates or loans that they could before. People with bad credit are looking for answers and they sometimes make the wrong decision in who they choose to help them.

Credit repair companies get a bad rap because their are a lot of credit repair scams out there. The scammers usually are thieves trying to steal your identity or just want to make a quick buck because you are desperate. They either take your money and run or just take your money.

No one want to be ripped off, so it is important to always do your research on a company before signing up with them. Most people sign up without even googleing the company or checking their record with the Better Business Bureau at bbb.org.

It is a good idea to go with companies that have a large online presence, have been in business for a while, have good testimonials, and have good ratings. There are some good credit repair companies out there including Lexington Law Firm, Ovation Credit, and Sky Blue Credit.

We recommend Lexington Law Firm. They have a great track record. They have been in business since 1991, have numerous testimonials and have an A record with the BBB. And as you can see they get many recommendations including ours.

Free credit reports and dispute

Wed, 18 Aug 2010 23:57:31 +0100

There is a loophole on Experian's, Equifax's and Transunion's websites that allows people to see their credit report for free and dispute anything on it. You just have to go to each site, click on the link to dispute an item. The only credit bureau that gives you problems is Experian, you have to have a credit report number to view your credit report and dispute it.

You are only supposed to get free credit reports once a year through annualcreditreport.com, but this allows you year round access for free. You can also dispute anything on them with a click of a button. Very easy, as long as you get all your personal questions right.

This is a huge find and I hope all of my followers can take advantage of it. Just go to the front page of each site at http://www.experian.com/, http://www.equifax.com/, and http://www.transunion.com/.

Why do people say "you can't remove stuff off your credit report"?

Thu, 17 Jun 2010 21:02:35 +0100

I hear it all the time. Someone asks a question on a forum, blog, or question site like "How do I improve my credit score" or "How do I remove bad credit". Without fail you will see some "financial expert" saying "You can't remove bad credit off your credit report" or "There is nothing you can do to improve your credit score, it just takes time."

These statements couldn't be further from the truth. I don't even know why these "experts" think that. The Federal Trade Commission, yes I said FEDERAL, passed the laws allowing you to dispute items on your credit report. This isn't something I made up or somehow I'm cheating the system. It is a law. You can improve your credit score and you can remove bad credit off your credit report.

It isn't just me either, hundred of thousands of people improve their credit scores every year by removing bad credit. Lexington Law Firm has reported removing over 1 million negative items in 2009. Wow, 1 million items removed and these experts keep saying you can't do it.

I'm just a little annoyed at false information and bad advice from people that don't know what they are talking about. You can do credit repair and you can improve your credit score and don't let anyone tell you otherwise.

Always Good To See Credit Score Rise

Thu, 08 Apr 2010 20:52:48 +0100

People always want to know how to improve their credit scores and if credit repair tips and tricks actually work. Well, they do. Take a look at 700 Credit Score, amazing how fast you can raise a credit score. Just using simple credit repair tips. Essentially just working on the 5 areas of your credit score:

Payment History
Credit Length History
Debt to Limit Ratio
Credit Diversification
Credit Inquiries

Working on these 5 areas you can quickly see improvements. This is what FICO uses to calculate their scores, so why wouldn't you work on those areas. You can see the 5 areas laid out on the Credit Repair Guide and see how to remedy them. Always great to see a credit score rise.

Nice To See People Improve Credit

Mon, 22 Mar 2010 17:31:09 +0100

It is so rewarding to see people use the site and learn from my questions and answers. I know the feeling of raising your credit score and it is almost like Christmas or your birthday when you get updated credit reports in the mail. Every deletion is an awesome thing.

I sometimes hear back from people that have used the site and they tell me how it's going and how much it has helped. That makes all the work worth it. So thank you.

Here is story from a guy improving his credit score and used Lexington to do it. He is almost to 700 and an an amazing feat considering where he started.

Please give me feedback and let me know your experiences also.

Great site for anyone improving their credit

Tue, 02 Mar 2010 00:42:55 +0100

Found the ultimate credit repair guide. It offers a lot of info, samples, and services for free in a very user friendly format. They do recommend Lexington Law Firm to remove your negative items but you can do it yourself too. They also show you how to do that.

You can see how to diversify credit, increase credit, reduce debt, and remove negative items and inquiries. Very good info for anyone that is in the credit improvement field.

Hope everyone can take advantage of this site and I'm sure I'll be posting more about here.

Need Higher Credit Score To Qualify

Tue, 16 Feb 2010 22:50:23 +0100

With the housing market slump and bubble bursting, it has become more important than ever to have a high credit score. Lenders don't want to get caught with anymore foreclosed homes and can't afford it. So they are watching who they lend to.

700 credit scores have become a minimum for any home loan and that is with a big down payment. Now with the new credit card laws, starting interest rates on credit cards are much higher because the companies can't raise them later, so they raise them up to start with.

So if you don't have a 700 credit score already or if you are working on it, I would recommend removing charge offs, collections, late payments, and any public records off your credit report to have any chance at qualifying for loans. Good luck.

Why Trust The CreditJerk?

Tue, 09 Feb 2010 00:59:57 +0100

So with a lot of advice and Q&A sites out there, how do you know you can trust the source? Most of the time like on yahoo answers you have a bunch of random people giving you advice or spamming you with their agenda. Sometimes when looking for answers, I would have to scour forums and blogs to find what I'm looking, then test it to make sure it is correct.

Everything I have put on my site has sources and info to back it up. So not just me (credit expert to toot my own horn) but a slew of experts, documents, and answers that are backed by the sources. I hope to create the best and most reliable credit question and answer site on the web.

In addition to throwing in some credit thoughts, facts, and myths to make it fun. So check out my credit questions and answers to get the answers you want. Also see another great source I've found on credit help, great guide to help anyone with credit repair.

I'm Not A Jerk - Credit Jerk That Is

Tue, 02 Feb 2010 08:10:06 +0100

I've had some questions on the name of my site - creditjerk.com. To be honest, I'm not sure about it either. I'm not a hater or someone I consider to be a jerk. But some people might say I'm a cynic or that I don't sugarcoat things.

I take things how they are with no bs and I hope to get the same back. Kind of the point of the site, no more lies, no more myths, just stone cold hard facts. No curve balls, just trying to tell it like it is.

It can be frustrating to someone who has never done anything credit wise or never seen their credit report and to have to fix it. The first time most people see their credit report is when it is bad and that is never good. I'm here to give credit answers to those tough credit answers and I won't jerk your tail about it.

I hope to gain the trust of everyone and give my incite as best as possible, so that innocent credit bystanders aren't left in the dark. So let me know if you have any credit questions, that I can help answer, because that is what I'm here for.

Updating Q&A on CreditJerk.com

Tue, 26 Jan 2010 01:22:05 +0100

Getting the CreditJerk website going. I've entered some Q&A sections with credit questions and answers. These are the most asked questions I've seen and I'm compiled them all in one place.

I'm sure it is frustrating for consumers who are looking for answers to their credit questions to have to go to all these sites looking for answers. Many times you get answers from random people or people with agendas that don't know what they are talking about.

I've also put a question form on the front page, so if anyone has any questions that aren't answered, they can ask them. I hope no one has to go to another site to get what they are looking for. Happy browsing.