Credit Repair Services

  Have you ever been turned down for a loan or an apartment lease and wondered why? It could be due to your credit history. Let's face it - our credit says a lot about who we are. It is our financial report card and can affect many aspects of our lives. Professional credit counselors at consumer credit counseling services agree that having a good credit history is imperative to leading a financially fit life. What is credit? Credit is defined as a contractual agreement between a lender and a borrower in which the borrower assumes something of value, and agrees to repay the lender on a future date. So how does it all work? When you apply for credit (say a loan or a credit card), the lender has to decide if you are a good candidate for receiving the loan. The lender's decision is based heavily on your credit history. They have to assess the level of risk involved if they are to extend credit to you. If you have displayed a poor repayment history, it is less likely that you will

  Though some of the credit-boosting activities simply take time, there are some surefire strategies if you need to know how to raise your credit score fast. This post takes a look at three of them. The first strategy for those of you who need to know  how to raise your credit score fast  is to become an authorized user on a family member’s credit card. If this information is reported to the credit bureaus, this is one of the fastest and most powerful ways to increase your credit score . By adding your name as an authorized user, you can “borrow” someone else’s positive credit history. It works like this: Ask a relative with a great credit score and a low balance as a percentage of his  credit card limits  to add your name to an existing account. The account holder (your relative) will call the credit card company and ask to add you as an authorized user. If they are required to provide your Social Security number, this credit card will be reported to the credit-scoring bureaus, and th