Credit Expert, LLC Janene 605.759.1261 “I bought a car 6 months ago from an auto dealer who advertised ‘we will help you rebuild your credit’ and my credit score has not changed. Is that false advertising?” We hear this frequently and we believe the issue is a lack of consumer understanding between the term “rebuilding credit” and “repairing credit”. Rebuilding credit means that positive trade-lines are being reported to your credit reports. Repairing credit means the removal of qualified negative items from your credit reports that will help improve your credit scores. An auto dealer may promote “helping rebuild credit” by reporting a positive trade-line to your credit report and this is a good thing. However, keep in mind that negative items that remain on your credit report can continue to lower your credit scores. Does this make sense? If you want to “repair” your credit and raise your credit scores, give us a call at 605-759-7549 to schedule a FREE, No Obligation Credit Review with Janene or simply “PRIVATE MESSAGE” your phone # (or email address) and we will contact you! facebook/CreditExpertWest
Posted on: Wed, 06 Aug 2014 00:20:50 +0000
Trending Topics
Recently Viewed Topics
© 2015