A person’s credit directly affects the interest rate on a mortgage, credit card and auto loan and the resulting increase to the monthly payment is unbelievable!

For example, a person with poor credit versus a person with great credit will pay nearly $800 more per month on a $230,000 mortgage, over $5000 more  in interest on a $15,000, 4-year auto loan and over $4000 more on a $2500 credit card balance. Not to mention the fact that your auto insurance rate is substantially higher and you may never get that “dream job” based on the fact that the employer may legally not hire you based on your poor credit.

Credit “repair” is an exploding industry that preys on individuals with poor credit who feel their backs are to the wall and have no other choice.  Most of these credit “repair” companies are “fly-by-night” and do not operate within the guidelines of the Fair Credit Reporting Act (FCRA) and the Fair and Accurate Credit Transactions Act (FACT), federal laws in place to protect consumers’ credit.  The main purpose of  these credit “repair” companies is to charge an exorbitant amount of money in exchange for haphazardly and ineffectively attempting to delete negative items on an individual’s credit report.  This practice is worthless when it comes to actually restoring an individual’s personal credit…

In order to truly restore an individual’s credit, several things have to take place, among them are 1) The legal deleting of inaccurate, outdated and unverifiable negative items on the credit report which can have a profoundly negative impact on credit scores 2) The establishing of positive trade lines in order to receive credit score increases and 3) An education in responsible credit behavior required to maintain ongoing healthy credit scores.  Credit restoration is a process and with a dedicated focus you can achieve high credit scores and experience the amazing cost-savings enjoyed by others.  

Don’t be resigned to the deceiving fact that you have no choice but to live with poor credit and struggle for the rest of your life. Inside Business Finance Coach we provide you with the most extensive workbook ever written to restore your financial wellness in the shortest amount of time possible.