I spoke to a friend of mine yesterday who is looking to consolidate her credit card debt.

During her entire life she`s paid her bills on time but, like most of us got caught up in a downward economy, forcing her to make tough decisions we all face when raising our families.

She was interviewing different debt counselor's. Their job is to give recommendations on how to save your credit and pay down debt.

Don`t get me wrong, the concept isn`t too far fetched, except when these so called "Experts" make outlandish and deceitful statements to gain your business.Often, their unable to do anything you couldn`t do if you made contact with these credit card companies yourself.



Bad Credit isn`t a good thing, but it`s not so bad either. Not everyone wants an American Express Platinum credit card. Having an 800 Fico score does have it`s privileges. But, what if you`re credit score is below 500? Does that mean it`s the end of the world?



We work with people from all walks of life. Many are professionals who unfortunately, got caught up in the euphoria spending these past 10 years.

In the "Good Old Days" we could apply for a credit card without any problems.All you had to do was make a few payments in a timely manner and the credit card company would automatically raise your credit limit. For some of us temptation to spend your credit limit steps in and the spending spree sometimes raises it`s ugly head.Within months, you`re caught in the maze of shifting your debt from one credit card company to the other seeking lower interest rates.In the end, you still have to face the music and pay your bills.





Many of us were caught off guard when the economy shifted. Although, you won`t be able to purchase a home or a car with bad credit there are alternatives. Contrary to what the experts tell you, you can rebuild your credit again.

It won`t occur overnight but eventually within 5 years your should see an increase in your scores.Providing you begin to live moderately again.

My friend makes fun of me because I don`t like to purchase "brand name" clothing like Tommy. In my opinion why should i pay 30-40% more for an item?!

Although, i`m not recommending you neglect your bills, i am recommending you give yourself some breathing room to live again.

The world isn`t about Beacon Scores. It`s all about adjusting to what needs to be done.