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New Day Credit Repair, a leading agency aimed at helping folks to make better financial decisions has released a do-it-yourself section to their website which lays out a strategy for folks who have more time than money in order to get their credit to a favorable range. The score is the rating given by credit bureaus to individuals which is used for assessing risk when it comes to getting financing for homes or automobiles or lines of credit.
“What most folks don’t realize” says New Day on their website, “is that credit can rises as fast it fell.” The combination of derogatory claims against someone on their report together with no current lines of positive credit can mean disaster for many would-be home owners. Most people who are renting a home are paying more per month than what the mortgage would be, but because of bad credit they can not qualify. With a do-it-yourself plan, these people can get started on a restoration plan which would bring them back up to the standing where a mortgage company would give them a good option at the lowest possible interest rate.
New Day was started by officers in the mortgage industry after they could only approve one out of five applicants for a mortgage due to bad credit, so it was in their best interest to find the fastest solution to help them get financed. After seeing the scale of need by US Americans to get into a better position financially, they opened up the service to the general public at the same rates afforded to their mortgage clients. The results they tout when they work on a repair campaign are fifty to one hundred points in three to six months, almost unseen in the industry. Contact them by visiting their website at www.newdaycreditrepair.com
Release ID: 66644