How Does American Credit Counseling Compare to Mexican Credit Counseling?
Hold your horses! There probably isn’t much of a difference. We just call a division within our law center the American Credit Counseling department. Maybe we should start a Mexican Credit Counseling department just so we can compare the two, but we just don’t have the time.
So you came to our page looking for some American Credit Counseling advice, our legal team has compiled some help below to get “your whistle wet” with information on this subject AND we are going to supply you with the option to have us explain it to you by phone for free. Please read the following:
American Credit Counseling revolves around the big 3. This we pretty much know. It is hard to get a loan these days without every person and their mother seeing how many missed credit card payments you have when you had some car repairs, or how many times you were late on your rent due to family emergencies. So what do we do about this. Or what can we do about this?
Traditional Credit Repair- We are Americans. Get up. Go to work. Scrimp and save. Pay your bills. Restore your credit. Your credit score is determined by several factors:
- How often Have You Missed a Payment? – Records of your life exist in places it probably shouldn’t. If you miss a payment over 30 days, it will be on your credit. There is no clause on your Experian credit documents that have an Atta Boy’ or Yay For You’ so this information will be there for a very long period of time.
- Who Currently Owns Your Debt? – So if you are making all these payments, are you actually paying the company that you owed the money to in the first place or will they still refuse to do business with you even if you pay off the debt to a collection agency? No.
- Have You Been Able to Impress Your Lenders? – Almost as religious as what you order at your local Cup O’ Joe is how religious lenders are about forgiveness. They just do not forgive almost like an elephant they don’t forget either. As a general rule they must see at least two years of consistent payments to reinstate so much as a handshake to you.
So traditionally, working hard and paying your bills will eventually improve your credit. Over a minimum of 24 months, a lender may return to doing business with you. So what happens if you need a new car during this time for a sweet sixteen, or have to co-sign a student loan, or maybe you get married and have two kids and by necessity need to move out from your apartment to a small house? Two years is a long time. Lets move on.
American Credit Counseling Method – The looping of debt from collection agency to collection agency destroys your credit. Now you not only have a bad debt to your original card lender or loan lending company, but your debt is sold and defaulted, sold and defaulted, sold and …. Well we all know the rest. This does devastating things to your credit score. Pay off the last guy and the bad debt with the remaining companies will still be on your credit. This is illegal and unfair. Our legal staff in the American Credit Counseling department here at the Freedom Law Center will help you swim in this sea of sharks. We will do a forensic loan audit on your debt no matter if it is your mortgage or 10 credit cards. We will manage your good name. We will work your bad debt out of your credit. We will work your beacon from that 540 to as high 800 or above. You will be able to fund your child’s education with good credit. You will be able to have a safety net credit card with good credit. You will be able to qualify for a new home with good credit. We will begin your case today against the credit bureau companies and restore your good name. Complete our small contact form below and one of our law center staff members will call you today.
Ed Theodore Sparks
TEPA Opportunities
(310) 295-1965 (9-6 PST)
