Credit repair is absolutely boring, tedious, monotonous, tiresome, troublesome as well as down right infuriating! Oh, and did I mention you’d better be “Johnny on the spot” when it comes to follow up and knowing what the rules of engagement are when it comes to the credit bureaus!
Are you having fun yet?
I get a kick out of the folks that say you can do this yourself. The truth is you can but the better question might be “should you try and perform credit repair yourself?”.
Ever had a car break down? Sure most of us have but when the brakes need fixed or the transmission is slipping do you take it to an auto shop where a professional mechanic can work on it so that it runs safely again? Most of us do, but…you could repair this yourself!
You know being in the south, during the summer, when the air conditioning gives out can be a very sticky, sweaty time. Do you call a professional to get your house cooled back down? Most of us do, but…you could repair this yourself!
Representing yourself in a court of law is something most people would say is silly and unwise. The reasons can be many but the fact is you will most likely make a fool of yourself because you just don’t fully know the intricacies of the law …unless you’re a trained lawyer. Most smart lawyers would never even represent themselves. So, do you get a lawyer when you go to court? Most of us do, but you could do it yourself!
When you practice any trade in which you have not been trained you will most likely take more time, spend more money and many times make your situation worse than it was because you just do not know what to expect nor fully how to respond or react. I ask you after years of being in your current profession could anybody starting today do what you do with the precision, experience, and know how that you would perform in completing that same task?
Can’t be done can it?
Testifying before congress one CEO of an independent Arizona credit bureau likened the process to “having an IRS audit, brain surgery, getting a tooth pulled or going to your own funeral!”
Now call me crazy but none of that sounds fun. Quite frankly if the credit bureaus have 79% errors, according to the US Public Interest Research Group, and that only 11% of those people with errors dispute those facts and only 5% of those ever challenge the results of the investigation the credit bureaus are banking, LITERALLY banking on the average consumers ignorance trying to get through the credit repair maze.
Getting the assistance of a professional in almost all cases usually saves you time and money. Of course, if time is not important and you’re willing to throw away some money in extra interest then by all means…Performing credit repair is easy!
If you want some help in seeing what an attorney assisted credit repair firm can do for you then check out more at the National Credit Federation Website! or post a comment and let me know your thoughts!
Be Bold!
We as Mortgage Loan Officers help people become more aware of their credit history. We also advise how to exercise their trade lines