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Perhaps you are considering a peer loan, not because of tight lending requirements, but poor credit history that can keep you from advancing your business or investment objectives. If that's the case, you should consider repairing your credit. There are no quick fixes if you need your loan tomorrow, and the legal help necessary may be costly, but it is well worth it if you want to decrease the cost of obtaining capital in your future.
Strategies for credit repair
Most credit repair schemes out there are scams, plain and simple. Do not sign up for any program that promises to clean your credit report for $99/mo. These are little more than glorified letter writing outsourcing firms. Their strategy for credit repair is to flood the system with letters requesting verification of negative credit items, and hope the letters don't get responded to withing the 30 day limit allowed by law. For $99/mo., they will drag this process out as long as possible, sometimes upwards of 18 months, addressing only a couple of negative credit items per month.
There is a better way. There is a firm that does all this and more. Many times the creditor cannot get back to the credit reporting agency within the allowable time period, so the negative item gets removed - temporarily. As soon as the creditor does in fact verify the negative credit items, they put it right back on your credit report.
I know of a company that is Christian owned and operated with high ethical standards. They follow the law and represent you far beyond the initial letter writing to make sure your creditors leave the negative information off your credit report wherever possible. All this is done honestly and ethically, in conformity with the Fair Debt Collection Practices Act and the Fair Credit Reporting Act.
If you are interested in an aggressive credit repair program that is above-board and committed to increasing your credit score significantly over the course of several months, please contact me and I'll put you in touch with someone I trust.
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