Credit & Credit Repair

Before I get started here, I want to share something i found today.

Now in 15 years of working as a bill collector, I have seen a ton of companies come and go. This company is the most legit company I have seen out there. They will do everything for you, legal advice, discuss your credit, and help you fix it. I know, I know, you’re asking yourself “why is he writing a blog about credit and fixing your credit; then advertising another company who can do the same thing?” Well, truth is…some people don’t have the time to go through all these motions to fix their credit, some people don’t want to go through all of this to fix their credit, and some people their credit score doesn’t matter much to them so they will let someone else deal with it. So there you go, if you’re going to go with a company to fix your credit, this is a real good one.

Now onto your credit types (that may appear on your credit reports):
1. Assets – Cars, houses, recreational vehicles, etc… these are items that appear on your credit report that have real tangible value. They are secured by the property or item, normally are high ticket items but can be household items too.
2. Secured Debt – A loan that is collateralized. Meaning you have something that you have put up as collateral (like assets). A collateralized loan or secured loan can also be an asset, but there are other types like quick car loans, household furniture, or any other item you buy that the lien holder can come take back if you default.
3. Unsecured Debt – This is normally credit cards and signature loans.
4. Collections – Don’t really need to say much more here.
5. Judgments and liens – This is what you will see if you fail to pay your taxes or are sued for any reason and a judge has issued a court ordered judgment. It has to be recorded with the county recorder’s office (or the like).

This covers most of the types of things you may see on your credit. There may be a few other types, but most of them do not show up much.

In my next article, I will cover the common things you need to know about all those numbers all over your credit report.

Free Credit Repair Course

The United Credit Authority – Online Resources For Credit, Debt and Credit Repair

Related posts

• What Do All The Numbers On Your Credit Report Really Mean? (0)
• Get Your Free Credit Report! (0)
• Credit Classifications, What Type Are You? (0)

Tags: BBB Clay Bowden credit credit and debt information Credit Counseling Credit Repair credit repair companies credit repair company credit repair resource Credit Report credit score debt debt complaint d