If your credit reports contains any inaccurate information, it can affect your ability to obtain any new credit. Based on free legal advice, there are a few ways to fix inaccuracies and/or blemishes on your credit report. Check out this article from investigators for some expert credit repair advice. One of the biggest stressors can be bad dealings with debt collection agencies. A consumer has the legal option of using cease and desist letters to dissuade collection agencies, but it is vital to keep in mind that C&D letters only stop harassment. These letters may prevent collection agencies from making phone calls, but the consumer remains responsible for paying the debt. When you start fixing your credit, pay down balances on the credit cards as soon as you can. It is a toss up as far as which cards are best to pay off first – some choose ones with the highest interest rate, others choose the card with the lowest balance. It is your job to turn it around and prove your responsible with credit. Bankruptcy should be a last resort. This will have damaging consequences to your credit score for ten years. Bankruptcy not only [...]
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