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Credit Card Offers
The vast majority of credit card offers you receive are fair and ethical. But there are two things to look out for that some credit card companies have been known to pull on unwary customers. These tactics are perfectly legal, so your only...
Dealing With and Repairing Bad Credit
Bad credit can be a burden for otherwise good credit. It may not seem fair at times that financial mistakes in the past can haunt you in the present, but with a little bit of work and some time bad credit can be turned around and repaired. The...
Finding the Right Bad Credit Loan UK
If you live in the United Kingdom and find yourself in need of money but lacking in credit, you might want to consider applying for a bad credit loan UK . These loans often are offered in a variety of different ways, from secured loans to unsecured...
Managing Credit Cards Effectively
Credit cards are almost a necessity in today's society. It has become harder and harder to get through life without plastic. If you want to make purchases over the Internet, guarantee a hotel room, or perform a wide variety of other financial...
Transferring balances Between Credit Cards
Understanding transferring balances from one credit card to another can be very confusing and may not help your situation at all. You can transfer your credit card balance from the card you now have to another credit card that offers a low...
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Credit Repair vs. Credit Restoration
One of the greatest misconceptions of consumers with past credit
problems is the thought that credit repair is the same as credit
restoration, and this belief has many of these consumers with
negative credit histories not truly restoring their good credit,
but only repairing it temporarily. And, for those trying to
better their financial situation understanding the differences
will increase the likelihood of attaining permanent good credit,
by using restoration techniques effectively.
Credit repair is the process of simply repairing your credit by
removing the negative entries contained on the credit report.
This is the process that most consumers that have negative
credit histories feel that they have to have completed, but if
they just remove the negative entries from their credit file,
then they are not changing the habits that got them in this
situation. Credit repair is only effective for consumers that
have had a minor financial setback, but are otherwise
financially responsible.
While on the other hand, credit restoration involves the process
of changing our financial habits, this includes clearing the
credit report, but also taking steps to ensure that those
mistakes that have negatively affected our credit do not happen
again. Credit restoration is the equivalent of credit planing,
because you are not just repairing credit, but planning on how
to keep the good credit once it is achieved.
According to U.S. government statistics an average of 87% of all
Americans suffer from bad credit or negative entries on their
credit file that restricts them from gaining the financial
freedoms the want to achieve. And the sad reality is that the
majority of these consumers will continue to suffer from
negative credit because they fail to change their financial
habits. By properly planning out their credit situation and
implementing these
plans with the goal of achieving good credit,
they tend to avoid the pitfalls that put them in this negative
credit rating situation.
This first step to credit restoration is deciding on a good
company that will guide you through the credit restoration
process, one of the fastest growing and dependable credit
restoration companies on the internet is Millennium Credit
Service, and their website is located at
http://www.millennium-credit.com, or visit their blog at
http://millennium-credit.blogspot.com. The services that are
provided by this company helps the consumer get a firm
understanding of their current credit situation, and provides a
plan of action to improving and maintaining a good credit rating.
The one fact that has to be remembered about the credit
restoration process is that it takes time to restore a negative
credit rating, because no one has developed bad credit
overnight. The credit restoration process can take anywhere from
six months to a year, but if the consumer works diligently with
their credit restoration company, it will make the process will
go much smoother.
The key to restoring a good credit rating is taking action now,
because this process does take time many consumers wait until
they really need the credit while trying to make a major
purchase. By this time it is to late to try and restore their
credit, but if the process is started before the need for
credit, the likelihood that their credit score will be up to an
acceptable level increases. So do not wait any longer for good
credit, start restoring your credit as soon as possible.
About the author:
Thaddeus Collins is the owner of Millennium Credit Service
located at http://www.millennium-credit.com, which is a full
service credit repair and restoration service for consumers
interested in legally clearing their past negative credit.
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| Credit Reports - Credit Cards - Car Loans - Home Loans - Credit.com |
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| Equifax Personal Solutions: Credit Reports, Credit Scores ... |
| National consumer credit reporting company that offers credit reports, FICO(R) credit scores and identity theft protection products to consumers and small ... |
| www.equifax.com |
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| The FTC's web site on Credit |
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| www.ftc.gov |
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| Federal Trade Commission - Consumer Credit Center |
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| www.ftc.gov |
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| AnnualCreditReport |
| Site set up by the big three credit reporting agencies in the United States, to furnish free annual credit reports, as required by federal law. |
| www.annualcreditreport.com |
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| Springboard - Non-Profit Consumer Credit Management |
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| www.credit.org |
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| Credit Suisse Global |
| Credit Suisse Group is an international financial services group. - Shares part of SMI. |
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| Experian: Free Credit Report and Credit Score, Credit Check ... |
| Credit referencing and consumer targeting for the USA and other countries. |
| www.experian.com |
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| National Credit Union Administration - Home Page |
| An independent federal agency that supervises and insures 7152 federal credit unions and insures 4240 state-chartered credit unions. |
| www.ncua.gov |
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| Credit - Wikipedia, the free encyclopedia |
| Debits and Credits, a type of bookkeeping entry; Credit (creative arts), acknowledging the ideas or ... Retrieved from "http://en.wikipedia.org/wiki/Credit" ... |
| en.wikipedia.org |
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| Credit (finance) - Wikipedia, the free encyclopedia |
| Any movement of financial capital is normally quite dependent on credit, ... Sometimes if a person has financial instability or difficulty, credit is not ... |
| en.wikipedia.org |
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| The National Foundation for Credit Counseling |
| DebtAdvice.org is a service provided by the Members of the National Foundation for Credit Counseling (NFCC), most of them known as Consumer Credit ... |
| www.nfcc.org |
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| FreeCreditReport.com | Free Credit Report and Credit Score Online ... |
| FreeCreditReport.com: Free credit reports and credit scores from Experian. Get your free credit report and credit score now. It's free, fast, and easy! |
| www.freecreditreport.com |
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| Compare over 300 credit cards, including 0% offers and balance transfers, and make a credit card application online... |
| www.moneysupermarket.com |
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| Ford Credit provides auto financing to finance a lease or purchase a car or truck through Ford, Lincoln or Mercury dealerships. |
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| The Credit Card Prank |
| In my lifetime, I have made nearly 15000 credit card transactions. ... Credit card signatures are a useless mechanism designed to make you feel safe, ... |
| www.zug.com |
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| Credit magazine, corporate bonds, derivatives, structured credit ... |
| Credit magazine provides information on the international credit markets for credit investors, issuers and market professionals. |
| www.creditmag.com |
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| CUNA: The Credit Union National Association |
| News and resource directory about credit unions. |
| www.cuna.org |
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| Credit/Debt Management - Tools and Advice for Managing Credit and Debt |
| Drowning in debt? Trying to improve your credit score? This is the place for you. Get real world information and tips, as well as the legal low down, ... |
| credit.about.com |
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