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The Negative Effect of Bad Credit


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In the present economy approximately 60% of the American people are struggling with some form of bad credit. Contrary to what the credit bureaus would like you to believe, credit repair or credit restorations does work and can work for 100% of people in most circumstances. It may be necessary, in some cases, to gain the assistance of an experienced credit repair services company to conduct a full dispute process and correct the inaccuracies on your credit reports with the credit bureaus and the creditors, collection agencies, and courthouses. Bad credit can have a devastating effect on a persons entire lifestyle. These bad credit reports can result in bad credit scores that can cost a person real money through higher interest rates and will have a staggering effect on your life to the extend of even being denied employment. They are penalized and charged higher rates for this negative credit.

Although it is illegal for employers to discriminate against people with bad credit or those who have filed bankruptcy, employers can and do discriminate against people with negative credit ratings. If suits have been filed, we can negotiate a debt settlement for pennies on the dollar. Until steps are taken to resolve your bad credit, it can damage your creditability and make it almost impossible to obtain credit cards, a car loan, or even a mortgage loan. We will use the most effective method for your particular situation. Presently more than 80% of employers are doing credit checks and can legally deny a person employment based on what is in their credit file in certain situations. This is, of course, provided you are getting the best advice and have an experienced professional working on your case.

Repairing your credit reports is the central element to re-establishing good credit. 7 out of 10 people have some inaccurate or negative credit mark that needs to be removed or corrected. Everybody must understand that your credit scores are arbitrary numbers calculated by private companies (credit bureaus) in the business of solely selling credit information for their own financial gain. The professional debt negotiators at Cali Credit will utilize any and all means necessary to settle your delinquent debts and avoiding possible lawsuits from being filed against you. People are unaware that when applying for any type of insurance their credit reports are being pulled.

We communicate credit reporting agencies on your behalf to dispute and remove negative, inaccurate, unverifiable, and incomplete information from your credit reports. The managing partners at Cali Credit focus on a process called “Credit Report Repair” that identifies and corrects credit report inaccuracies to assist clients in maximizing their credit scores in order to get the lowest possible interest rates.


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