Ok… So I’ve always been a firm believer that, if something sounds too good to be true, it usually is. Quick food. Quick relationships. Quick fix fitness plans and diets. Sure there are exceptions to the rules but if success was easy, everyone would have it, right?
Well the same is true for credit scores. Lately, I’ve been looking at my Instagram, Facebook, and Twitter timelines and I see #CreditRepair pretty frequently. And today, I decided to look it up. Well guess what? A lot of these places that “repair” your credit are doing it illegally. I searched Google for credit repair and a bunch of companies came up. So I added the word “scam” to the end of my search and the Federal Trade Commission had this to say:
Visit the FTC’s website to read more about credit repair scams as well as to find out what you can do to legally repair your credit.
One hint I have is don’t blow your tax return. Use it to pay off some debt. I did it a couple years ago and it had a great impact on my overall score. Just a suggestion. And remember, anything worth having is worth sacrificing for. So cut back on the beers. Reduce the number of times you eat out per week. Really discipline yourself financially and put that extra money toward getting your credit back in line.