When signing up with a credit report repair company, ask the consultant what is included in the service. There are 3 parts to achieving a great credit score:
1.Repair
2.Trade lines
3.Education
A great credit report repair company will not only help with the credit report repair, but also guide you on what type of trade lines to obtain and educate you on how to use and pay those trade lines to maximize your credit score. Education on how to use credit cards for utility purpose only is extremely important!
Discuss your future goals
A great credit report repair company should ask initially what your future goals are. This way you and the credit report repair consultant have an idea of how many points you are away from your goal.
Knowing mortgage and banking guidelines prior to credit report repair
Make sure your credit report repair consultant is familiar with mortgage and banking guidelines. Somebody that is looking to purchase a home in the future, is going to be much different than somebody that is applying for a business loan.
Is your credit report repair company working for you?
Make sure the credit report repair company you are using has your best interest in mind. The reason most people seek a credit report repair company is to obtain a higher credit score in order to save money on interest rates.
Stay away from credit cards with high fees
Do not apply for unsecured credit cards with high fees. A short term fix can create a long term problem. If you are referred to a credit report repair company from a mortgage broker, real estate agent or a builder, ask the credit report repair company if they are going to continue working on your credit after you purchase the home. Your credit score should be the primary focus. You need somebody that is focused on helping you obtain the highest credit score you can achieve.
Does your credit report repair company have an office location?
Ask your credit report repair consultant if you can meet them at their office location. Many credit report repair companies operate out of their home. You want to be able to drop by the office and speak with somebody if you have any questions and concerns. It is important for you to get to know your credit report repair consultant. There is no better way to establish a relationship than a face to face meeting.
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