When you swipe your credit card at a store or take out a loan to make a necessary purchase, you don’t really think of the entire experience as a test of your personal reliability. You are probably more interested in how you will feel walking through your newly furnished kitchen or how the new flat screen will help add fancy looks to your home.
However, your creditors don’t really care about how you spend the money or how the money helps you improve your quality of life. They just want to do one thing – recover the money they lent you with interest.
If you have been living with bad credit, but it has now seemed to show up in daily life, you need to look for the following signs to ensure that you need credit repair services:
You Are Being Denied For Credit Cards
The clearest sign of a bad credit rating is being rejected for a credit card. Credit card companies around the world are required to send you an adverse action notice to let you know the specific reason why your credit card was rejected. If you were denied the card due to the information present on your credit report, you are automatically entitled to a free copy of the report.
Collectors Are Calling You
As soon as debt collectors start to call you, it should be clear that your creditor has given up trying to get you to make the payments. Collection accounts appear on your credit report and might be the one thing standing between you and the approval of your loan applications. With the right credit repair company you can pay off these collection accounts or dispute them off your report if they don’t belong to you.
It Seems Impossible To Have Someone Co-Sign A Loan
When you have a bad credit rating, you probably won’t be approved for any loans, especially when applying on your own. If your credit rating is so poor that close family and friends won’t consider co-signing your application, then you desperately need credit repair services. Once your credit is improved, you won’t really need someone to sign for you.
When you are late in making your payments you might be issued a new collection account with a higher interest rate. This is another sign that the best way out is to go with a reliable credit repair company.
At Quick Credit Repair, we are proud to have helped a number of clients get right back on track with their credit ratings. We can surely help you too! Feel free to get in touch with us today to learn how we can help!