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Louisville KY
 

Can credit repair companies be trusted?

Many "credit repair" companies claim to remove negative credit with the flick of a wrist. Their advertisements make bold assertions and money-back guarantees: "Bankruptcy, tax liens, judgments... no problem!! One hundred percent guaranteed!! Credit report 100% cleared in 30 days!!" Can they really make such sweeping guarantees?

While some credit repair companies are outright frauds, others are not fraudulent and they use the dispute process to obtain impressive results. In fact, they delete thousands of negative credit listings every day. There is a company called, Lexington Law who has been doing it for 15 years. Click Here to learn more.

Unfortunately, it is risky to trust anyone to help you restore your credit. It is estimated that fraudulent credit repair companies have bilked Americans out of more than fifty million dollars. The majority of credit repair companies were started by entrepreneurs with a penchant for marketing. Consumers have flocked to these "credit doctors" only to discover that their advertisements proved far more impressive than their results. Hiring a credit repair company is like playing Russian roulette. Many of them are effective and legitimate, but it is difficult to tell a rip-off from the real article.

So, can credit repair companies guarantee results?

Not a chance! No credit repair company is so good that it can guarantee a specific outcome. It would be like a defense lawyer guaranteeing that the jury will find his client innocent. Guarantees are a sure sign of credit repair fraud. A warranty, where the credit repair company promises a refund if certain results don't occur, is a better, more realistic claim. Lexington Law is a respectable company that we recommend.

Not surprisingly, the credit bureaus have declared war against the credit repair companies and those selling instruction on how to do-it-yourself. The bureaus lambaste credit repair companies in the media and send anti-credit repair literature to anyone whom they suspect of using credit repair services. The bureaus unflinchingly deny that accurate information can be removed from a credit report.

The simple truth is that you do not have to endure bad credit for seven to ten years as long as you feel comfortable challenging the accuracy or verifiability of your credit listings. If so, it is possible to restore creditworthiness within a much shorter time.

However you decide to address your credit challenges, realize that regardless of what you may hear in the news media, thousands before you have sought help and restored their credit. They can show you their homes, cars, and credit cards. Despite the newspaper articles, TV reports, and other credit bureau propaganda to the contrary, the simple truth remains: you can restore your credit. Learn More.

The three main credit bureaus are: TransUnion, Experian and Equifax. Lenders judge your credit worthiness using the FICO scoring system. Your FICO score is calculate with information from these credit bureaus by using the amount you owe on non-mortgage-related accounts such as credit cards, your payment history, and your credit history. The FICO score ranges from 300 to 850. The higher your FICO score, the lower your interest rate will be. Since it’s possible the information from the credit bureaus is inaccurate, it is very important you check your credit report on a regular basis. Since a high FICO score can save you thousands of dollars on your home mortgage or car loan, it is very important that you repair your credit immediately if your FICO score is below 680.

What is your FICO Score?

Will you get the best rate on your next loan?

FICO Score

Rating

Best Interest Rate

780+

Perfect

Yes

720-780

Excellent

Yes

675-720

Average

No

620-690

Fair

No

Below 620

Low

No

 

 

 


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Louisville Legal Services

The Fair Credit Reporting Act gives you the right to have inaccurate, untimely, misleading, or unverified information deleted from your credit report!

While you have the legal right to work out your credit disputes with the credit agencies, you may want to consider utilizing a trained staff of lawyers, paralegals and legal assistants, all using state of the art technology. Raising your credit score can save you thousands of dollars over the course of your mortgage. You should start by obtaining your free credit report & scores today.

In the city, you can find a diverse selection of legal services and legal service professionals. Land-use attorneys and real estate lawyers can help you settle disputes over zoning and other property-related laws and regulations. Accident and injury attorneys can ensure that you get rightful compensation in the event of an accident-related injury. Tax attorneys and finance lawyers can help you with questions regarding your legal rights when it comes to bankruptcies, liens against personal property, debt consolidation, credit problems, and banking and securities law. Criminal attorneys can help in cases involving fraud, theft, and violence and ensure that your civil and legal rights are adhered to. Attorneys skilled in family law can help with prenuptial agreements, legal separations, visitation privileges, alimony, child custody, and child support issues. There are also attorneys that specialize in DUI, DWI, and other traffic law offences that might be able to help with violations you received while operating a motor vehicle. Proper legal representation is not only a wise choice; it’s also your right as a U.S. citizen. So whatever your legal need, you are likely to find whatever assistance you need right here in the city.

Louisville is Kentucky’s largest and most prized city. Despite its size, Lousiville has consistently been honored as one of the Top Ten safest large cities by Morgan Quitno research company. The city’s beautiful skyline continues to change and grow with the population; recent additions will include the proposed 62-story Museum Plaza and 22,000-seat waterfront arena. The downtown business district is Louisville’s prominent urban hub; a glassed-in Skywalk spans six city blocks and links the Kentucky International Convention Center, Fourth Street Live, and several hotels including the Falt House Hotel & Suites, the Marriott, and Hyatt Regency. It is scenically set south of the Ohio River and southeast of the Falls of the Ohio. The nearby West Main District features Museum Row, where the Frazier International History Museum, Lousiville Science Center, and Muhammad Ali Center all reside. The Belle of Louisville is also a noteable feature, as it is the oldest Mississippi-style steamboat still in operation. Family fun is a priority for Louisville; they host the Kentucky Derby at Churchill Downs, Thunder Over Louisville (the largest annual fireworks display in the country), and events like the Great Steamboat Race and Great Balloon Race. Lousiville Waterfront Park’s free concerts and festivals and Cherokee Park’s prominent landscape. The Valhalla Golf Club is the place to be for golfers, and is host to the 2008 Ryder Cup; don’t worry--the kids will have a blast at Louisville Extreme Park skateboarding while you golf. Sports lovers can catch a University of Lousisville men’s basketball game coached by Rick Pitino. As the sun sets, Louisville nightlife really picks up, and the Highlands neighborhood is the best known bohemian and night club destination. Whether you grab a bucket of Kentucky Fried Chicken and head for a picnic in the park or choose to enjoy a sweet sounding evening at a blues club, Louisville, Kentucky is the place to be.

Kentucky is a state where good food and fine distilled spirits are as much a part of the state’s heritage as its sparkling lakes, babbling rivers, green mountains, and rolling hills of Kentucky Bluegrass. This is not only the place that Colonel Sanders founded Kentucky Fried Chicken and its patented blend of 11 herbs and spices; it’s also home to several uniquely Kentuckian dishes such as Kentucky Hot Brown (bread, turkey, bacon and pimento browned and topped with Mornay sauce), Benedictine (a cucumber cream cheese), and burgoo (a slow-simmered stew of pork, veal, chicken, beef, lamb, chicken, vegetables, and potatoes). It is also the only place in the world where a whiskey can truly earn the name “bourbon” due to the ingredients and geographic location of where it was primarily distilled. Kentucky is also home to the most famous series of horse races in the world, the Kentucky Derby. Here visitors can bet on their favorite horse while sipping a mint julep, a signature derby beverage, and feasting on dry-rubbed, hickory smoked, pork barbecue. Yum! Of course, due to its varied terrain, more active visitors might choose river rafting, boating, fishing, exploring the Land between the Lakes, hiking through the Appalachian Mountains or Daniel Boone National Forest, spelunking Mammoth Cave, or climbing around Red River Gorge.

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