| Believe it or not, your Credit File could be repaired | | | | paid an outstanding judgement or default and it |
| with just a phone call or letter. If you do have | | | | isn't recorded on your Credit File, you need to |
| legitimate information on your Credit File that | | | | notify Baycorp Advantage of this. |
| could result in you being rejected for a loan, there | | | | Believe it or not, your Credit File could be repaired |
| are still things you can do to improve the situation. | | | | with just a phone call or letter. If you do have |
| So you've got a bad credit problem and you're | | | | legitimate information on your Credit File that |
| spending your days taking phone calls from debt | | | | could result in you being rejected for a loan, there |
| collectors, receiving letters of demand in your | | | | are still things you can do to improve the situation. |
| mailbox and watching your bank account slip | | | | Now I'm going to tell you! |
| further into the red? The situation isn't good, | | | | How to Repair a Serious Credit Situation - The |
| however have you ever thought of it as an | | | | Three StepsGot a serious bad credit situation and |
| opportunity? This is the first thing you simply | | | | a litany of problems in your Credit File? No |
| must do. If I was to emphasise this any further, I | | | | problem! Here's what you must do to regain |
| would be leaping out of your computer monitor | | | | control and repair your credit: |
| and shaking you (in a good way)! Once you see | | | | 1. Enlist a financial or debt repair company: Take a |
| your situation in a positive light, you can make the | | | | good look around in newspapers, the Yellow |
| change you need to make, to ensure your future | | | | Pages, the internet and by watching television |
| is financially secure. Put simply, it's time to put | | | | commercials. There are so many companies out |
| yourself into credit repair mode! You need to | | | | there that can help you. They are all willing to |
| check what's on your Credit File and clean up the | | | | take a fee and help you sort out your situation. 2. |
| mess, so you can rebuild your credit and enjoy | | | | Speak to a bad credit mortgage broker: Bad |
| life in the land of good credit where the banks | | | | credit mortgage brokers specialise in helping |
| literally fall over themselves to throw money at | | | | people with bad credit get a home loan that is |
| you! | | | | good for them. They also help these people get |
| What Good Credit MeansIn the situation you are | | | | control of their financial situation so their future is |
| currently in, bad credit might be the only thing | | | | bright. Find the right specialist broker and get |
| that is keeping you from buying your own home. | | | | mortgage ready today! Bad credit mortgage |
| Perhaps you are renting right now, and watching | | | | brokers can help you to consolidate debt, clear |
| your money beefing up somebody else's equity? | | | | debt and get a savings plan underway so you can |
| Maybe you feel like the situation is completely | | | | own your own home sooner.3. Obtain a copy of |
| helpless and lost? The good news is that you can | | | | your credit report: You need to know what your |
| secure a mortgage with bad credit, however by | | | | Credit File looks like in order to improve the |
| restoring your Credit File and going back to a | | | | situation. Simply visit to find out how you can |
| good credit situation, you are getting your financial | | | | obtain a copy of your file. Identify the credit |
| house in order, which means you are on your | | | | problems, negotiate with creditors to pay your |
| way to a strong financial future. | | | | debts and be well on the way to a strong financial |
| Here a just a few reasons why it's a good idea to | | | | future. |
| restore your Credit File: | | | | Get Your Head out of the Sand!Too many people |
| - There may be an error in it: A company you | | | | simply think if they ignore a problem, it will go |
| dealt with may not have reported details | | | | away. You certainly cannot do this with financial |
| correctly. | | | | problems, as you probably already know. Take |
| - Somebody may have fraudulently used your | | | | action today to restore your credit and get back |
| name: Maybe somebody stole your ID and tried | | | | on the road to a good credit situation! |
| to apply for credit on your behalf, without your | | | | © Julian Thornton, Designer Mortgage |
| authorisation. | | | | Solutions Pty Ltd, 2006. |
| - Resolved items may need updating: If you have | | | | |