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Credit Repair Nerds: A Permanent Solution to a Temporary Problem - Business Opportunities


Credit repair isn't a one size fit all business. Credit Repair Nerds should know — they've been around since 2006 and deliver the most professional and results-oriented credit repair services in the country. Every client is different, so every client is treated with a plan built specifically for their needs.




https://www.business-opportunities.biz/2016/01/12/credit-repair-nerds-permanent-solution-temporary-prob


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Franchise Interviews / July 8, 2015


Good credit is more important now than ever, and the credit repair industry is booming because of it. Credit Repair Nerds is leading the way.


Scott Been, Owner/CEO of Credit Repair Nerds, recently sat down with us for an interview to discuss his successful business, which as of today is 40+ licensees strong and adding new members every week. Been lets us in on the secrets to his success and just how big he sees his business getting in the next five years.


What’s special about Credit Repair Nerds?


For starters, we are the only credit repair company expanding at this pace. We are in an industry that is booming right now due to the importance of credit. I ...

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Credit reporting agency and your credit damage: The legal remedies


A credit reporting agency (CRA) may not be interested in admitting and rectifying its mistake on your credit report and may even deny any charges of causing you endless troubles due to credit damage. In such a case, the law is on your side and hence, you can always take additional steps to resolve the crisis.


The reasons why CRAs don’t want to correct credit reports


The law entitles you to dispute any kind of discrepancy or misinformation in your credit report. On receiving your formal, written complaint, a certain CRA has to either omit the misleading information or conduct a separate investigation regarding the matter a...

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Just about ¼ of the American public says that they would have to significantly change their lifestyle if they didn’t have credit cards. That is a dangerous situation to be in, meaning that you may well be living beyond your means, or easily could do so. But, if you need to expand your credit line, there are some things you can do to do so safely and successfully.


Be Conservative


First of all, don’t get greedy. A 10% to 25% increase in your credit line is a good amount to request. If you ask any more than that, you may find the credit card company gets worried or even suspicious. It could appear that you have encountered a problem, and are planning on living off of your cre...

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With the economic crises we have been through in the last few years, many people have maxed out their credit. While this may have seemed like a good temporary way to cope with unemployment and the inability to pay bills, it is a never ending cycle that can make your recovery far worse. Here are some pointers for reducing your credit card debt.


Call the Debtors.
First of all, call each credit card company. Tell them your situation, and ask them if they will work with you. Believe it or not, most credit card companies will help you to get back on top of your debt. In some cases, they will completely eliminate further interest payments and charges. This will allow all of your payment to go strai...

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Credit repair is a hot topic on the internet these days. With offers on thousands of different sites, how can you tell which one will help you repair your credit? The best strategy is to know exactly what you are looking for, and to determine, for yourself, whether or not a particular credit repair site will do what you need.


Why Good Credit?
If you have a good credit rating, it can make it much easier to get loans for big purchases such as a house or car. Your credit rating will also affect the interest rate you pay for these big loans. For example, if you have a high credit score, such as over 700, you could get a car loan for as little as 0% interest. However, if your credit score is just ...

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Many individuals have found themselves with credit scores low enough to keep them from getting a good rate on auto loans, mortgages or other types of lines of credit. There are a lot of consumers in the U.S. today whose credit scores will not get them any credit at all, even at a higher interest rate. There are many events which cause individuals to end up with bad to fair credit scores. Such life changing events are divorce, death of a spouse, health issues which lead to many expensive medical bills, or loss of a job. Due to the down turn in the American economy over the past decade, many have found themselves trying to make ends meet on unemployment benefits, just their spouse’s inc...

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When it comes to credit repair services they are very hit or miss. Some are there to help you while others will just put you even farther into debt. Credible services will only charge you for their services once your credit has been repaired, work with you as an individual and develop the best plan possible for your situation, treat you with respect and most importantly, don’t leave you with more debt than you started with.


While it’s understandable that credit repair services aren’t a charity and are in business to make a profit, their main objective should be to help their clients. When someone seeks assistance from this type of business they are usually in a vulnerable s...

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Though many people may have heard of collections, they might not understand just how they can hurt your credit score. When a creditor thinks that you won’t be able to pay your bills on time they may issue a charge-off. This is simply a note that is sent out to your credit agency, but it can be very damaging to your long term score. In fact, the credit agency Equifax lists them as one of the most adverse events that can happen to a person’s credit score. So you will want to know what you can do to prevent them and how you can fix the damage if it is already done.


You may get these charge-offs from a number of different sources throughout your life. It is possible that you put too ...

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Being over extended with high total debt, having numerous credit cards, high balances, late payments, collections and charge offs all can have a significant adverse impact on your credit score. Specifically, when it comes to collection agencies and charge-offs, these can be the most deleterious to your credit. A collection agency is a separate company than your creditor. They are hired by the creditors and are hired based on an individual’s history of not paying their debt. Typically, the time line that they might get involved when the account is delinquent between ninety and a hundred and eighty days. The credit agency’s job is to work the account and collect from the consumer ...

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