Carreon and Associates…My Credit Repair Saviors

This is the first endorsement of a company on my blog. Carreon and Associates deserves credit for being instrumental in helping me to attack the credit bureaus, creditors and debt collectors from a novice point of view.

Their site is just what beginners need to gain the confidence to fight back! As you know, no one is going to have better intentions than you in repairing your credit and boosting that credit score. With the knowledge I attained from their site and other sources, I was able to educate myself to the point where I started a credit repair business to help others.

Carreon and Associates provides their website as a strategic educational website that shows users how they can repair their own credit. A one-time access fee gives you lifetime access to all the materials on their site, which is an EXCELLENT resource for UPDATED credit repair templates for any situation you could possibly find yourself in.

Price: A small one-time fee gives you lifetime access to all of the educational materials on their site.

Their system is intended as a complete do-it-yourself package aimed at helping you deal with the credit bureaus, collections agencies and creditors. There are numerous articles on how to repair your credit legally by yourself and save lots of money. You’ll also learn how to settle your debts while still protecting your credit. Additionally, upon joining you’ll have access to various credit repair forums where you can learn and share information with other users.

In addition to access to the entire website, you’ll also receive over 40 bonus sample letters to help guide your credit repair efforts. The company is NOT a credit repair service and exists only to educate consumers on how they can repair their own credit.

Bottom line….Their easy step by step methods get results! You should check them out.

A Very POWERFUL Credit Repair Tool…Opt–Out Provisions

All Consumers and customers have the right to opt out of – or say no to – having their information shared with certain third parties. The “privacy notice” must explain how – and offer a reasonable way – that you can do that. For example, providing a toll-free telephone number or a detachable form with a pre-printed address is a reasonable way for consumers or customers to opt out; Requiring someone to write a letter as the only way to opt out is not.

The “privacy notice” also must explain that consumers have a right to say no to the sharing of certain information – credit report or application information – with the financial institution’s affiliates. An affiliate is an entity that controls another company, is controlled by the company, or is under common control with the company. Consumers have this right under a different law, the Fair Credit Reporting Act.

An individual cannot opt out if:

* a financial institution shares information with outside companies that provide essential services like data processing or servicing accounts;
* the disclosure is legally required;
* a financial institution shares customer data with outside service providers that market the financial company’s products or services.

Personally, I would always opt-out of any company sharing my personal information. That way those pesky debt collectors & debt attorneys wouldn’t be allowed to legally report negative activity on me if I was to ever default on credit obligations with the original creditor!

Use this consumer right to your advantage.

The Good and Bad Of Employing A Credit Repair Service

Whether people that are mired deep in debt really do need credit repair services is something that is sure to stir up and give rise to many debatable topics and there is also much to worry about given the fact that today there are many scams doing the rounds, which should make you want to walk a country mile in the other direction if you want to stay free of such scamsters.

Under normal circumstances credit repair services is something that you can easily do yourself. In fact, do it yourself credit repair is as much a recommended course of action as employing others to do it for you. Nevertheless, it is worth considering whether choosing credit repair services is really a good thing or not, as there are some advantages and also a few disadvantages to choosing this course of action.

With Luck, You Can Even Get The Job Done Well On Your Own Behalf

If you are lucky and can employ the proper credit repair services, you may find that they will do your job well and this is especially more suitable for those people who do not have the time available to do their own credit repair.

Such credit repair services will do it all including asking for your credit report and sending credit repair letters as well as monitoring all aspects of your credit repair, and they may also offer to give you much valuable consultation without charging anything for it – if you choose to hire them.

On the other hand, there are also some credit repair services that will take their own sweet time in performing the job on your behalf and things may drag on longer than you would like them to.

You will need to pay for such services, so you need to be sure in your mind that the services you are going to get are really in fact worth the money you will have to pay – often on a monthly basis.

Of course, as mentioned, when a person does not have time to spare and does not even want to be bothered with the process of credit repair, then choosing credit repair services seems to be the best option, and even finding credit counseling/consulting services would be a good course of action for them to take.

So, even though the work involved is not much, if you don’t have the time or wants to be bothered with credit repair, hiring credit repair services is going to be the only option open to you to repair your credit.

And, even though there are many credit repair services’ scams, there are still many legitimate services also available, but remember that you can do the job on your own just as well.

It seems there are still many that prefer using credit repair services,  because millions of dollars are being spent in such pursuits of good credit.