Overall, I agree that the non profit NFCC is a much better alternative to the private debt management services that advertise how easily they can solve your debt problems and many times end up creating more problems than they solve. 

The credit card industry has heated up in 2016! With many top card companies improving on the promotions they have offered to include more cash back, extra perks, sign up bonus rewards, its a great time to be in the market for a new credit card.  That is, of source, if you are keen to go further into debt than you already are.

For years now the three major credit bureaus and the major financial institutions have a had a “choke hold’” on credit scoring and have elevated credit cards to a level above your car loan or mortgage payment. The Fair Credit Reporting Improvement Act makes it easier and cheaper for your utility companies and your landlord to report positive payments to your credit report, significantly broadening your FICO score

There is probably no more reviled agency in the federal government than the Internal Revenue Service.  We hear many stories about the bad people in the IRS and how they have the power to destroy peoples’ lives.  Recently, you have heard a number of politicians in Washington campaigning on destroying the IRS. 

 

 

But what is the real story?

Credit repair companies have been around for many years So it brings up an important question.   What do these companies actually do to repair your credit and what are you actually paying for?  In other words, what do they know about fixing your credit that you don’t?