Question

how much does it cost a month to pay a credit counselor to dispute my accounts on my credit report

 James T.

Answer

James

The cost of credit repair services varies from company to company.  They range from $39 - $120 a month.  It is important to know that according to the Credit Repair Organizations Act which regulates companies that provide credit repair services, it is unlawful to collect fees BEFORE performing the work.

With the down turn in the economy, there are more and more credit repair “shops” popping up to provide these services.

Creditrepair.com will provide you with a free referral to the most reputable credit repair company based on your individual situation.  Give us a call @ 800-445-8540.

Thanks

Candice

Mortgage rates were impacted by the news that the government would take over Freddie Mac and Fannie Mae. According to Bankrate.com, a 30-year fixed mortgage dropped from 6.55% to 6.2% when the market opened on Monday September 8^th.

Read more in Marketwatch, Mortgage rates fall on Fannie, Freddie Rescue.

Jerry Howard, chief executive of the National Association of Home Builders, in an interview Monday said the government action was “a very important first step” that will help ease mortgage rates and restore confidence in the debt of Fannie and Freddie. The government bailout was aimed at lowering mortgage rates and assuring that home loans would be available to consumers. This is good news for consumers looking to buy a home. There are currently more homes on the market, and low rates. It is the perfect time to take advantage of a buyer’s market.

If you are considering a home purchase, it is important that you qualify for the lowest rates available. You can do this by taking control of your credit rating. Credit Report Repair services are just another way of optimizing your position and taking advantage of the current mortgage market.

Find out your options with a free phone consultation.