Information on Credit Repair

By
Real Estate Agent with Robin Scott, REALTOR® 467100

Texas Realtor is One of My Favorite Magazines

There is a larger number of well written and pertinent articles in this publication which is delivered to all Texas REALTORS than any others I receive.

I just read a really interesting article about credit repair and of course it was written by the owner of a credit repair company. My plan is not to critic the article, writer or rewrite his story but there were some really interesting facts that I want to make available.

• bad debts remain on your credit report for 7 years.

• Bankruptcies will remain on your credit for 10 years.

• in Texas, Credit Service Organizations (CSOs) must register with the Texas Secretary of State's office - 512-475-0775.

• If you contract with a credit repair company, be sure to get all the terms in writing and there must be a notification to the consumer of their right to cancel within 3 days.

• You are entitled to one FREE credit report a year from each of the three companies - Experian, Equifax anf TransUnion

• The only truly FREE place to get a report is AnnualCreditReport.com and that does not guarantee a credit score but just the report.

If you need to repair your credit prior to buying a house, be sure to do your research. If you are ready to go, give me a call or email me at 512.589.7988 or robin@robinscottrealtor.com

Austin, Texas. Robin Scott, BROKER Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. 512.589.7988.

Posted by

I want to be your REALTOR. If you are thinking of selling a house, give me a call. I'm happy to answer any questions you may have about the seller's disclosure or other matters involving selling a home. 512. 589.7988.

 

If you are interested in finding out more about Austin, living in Austin, real estate or buying or selling a home in Austin, I want to be your REALTOR. And I appreciate your referrals as well. Call or email to find out how I can help you. 512.589.7988 or robin@robinscottrealtor.com

 

Austin, Texas Homes for Sale. Robin Scott, BROKER Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. 512.589.7988.

 

http://www.facebookloginhut.com/facebook-login/ http://www.facebookloginhut.com/facebook-login/ http://www.facebookloginhut.com/facebook-login/

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Texas Travis County Austin
Tags:
credit report
credit repair
austin realtor
homes in austin

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
1,098,088
Harry F. D'Elia
Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

We all need to know about credit restoration with so many buyers needing this type of service.

Oct 21, 2010 09:28 PM #1
Rainer
28,032
Matthew Boswell
Mortgage Architects: Matthew Boswell, Mortgage Planner - Mississauga, ON
Mortgages - Mississauga, GTA

The two most important things to do for credit repair are:

- Have at least 2 active trades with one of those being a credit card with a $2000 limit.

- Make your payments on time. Most lenders want to see at least 24 months with no late payment.

Oct 21, 2010 09:45 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
371,161

Robin Scott

Broker, CRS, ABR, SRS, REALTOR® - Austin Texas
Ask About Our Move-Up Program for Seller/Buyers
*
*
*
*
Spam prevention