The Importance of Credit Repair and Restoration Instead of Bankruptcy or Debt Consolidation


ROSEVILLE, CA / ACCESSWIRE / July 22, 2021 / Credit is a necessary part of life, and having a lot of debt or bad credit can seriously affect what people are able to do with their lives. This financial handicap can follow a person throughout their life, preventing them from buying a house, a car, starting a business, traveling, or even getting hired for certain types of jobs. People often rush to file for bankruptcy or, worse, hire a company to do a debt consolidation situation, hoping it will be a reset to a better financial situation. Gérard Brazil, founder of Paradigm credit repair works with clients in a different way, helps them repair and restore their credit through a different course of action, and provides education to clients so that they do not find themselves in a pit of bad credit again .

There are those in the financial world who advise never to use credit, and for a very small, ultra-wealthy demographic that may be doable, for the vast majority of us, however, credit is necessary. Anytime someone buys a house, rents or buys a car, wants to start a business, go to college, just about anything in life will require a decent credit score and a credit report. own credit. It is extremely easy to ruin a credit rating and very difficult to restore it once it is tarnished. Your credit report will follow you and every time someone checks it, they will be able to see your payment history for most of your adult life. This report is basically like a credit resume: it shows people what your credit and debt history is, and your payment history.

“Think of it like it’s your kid, who you let in the car, and said to get home at 10 am. If they come home at 10 each time, you feel comfortable letting them use the car. But if they come back at 10:12 or 1, well, you can’t let them borrow the car anymore because they have now given you a reason to lose confidence in Credit works the same way, it’s about the reliability of someone in the past in order to weigh the risk in the future, ”says Gérard.

Once someone decides to repair their credit, there are several options available to them. Some people will choose bankruptcy, and for some it may be the only choice, however, it will be devastating on credit scores and in some cases not wipe out all debt. Debt consolidation, which many people try, is not what it seems at first glance, and often results in people paying double, triple, or even quadruple their original debt.

“In my opinion, this is one of the worst options, even more than bankruptcy,” said Gérard.

At Paradigm, the approach is different and focuses on clearing bad accounts on customers’ credit reports and then helping them build better credit. There are many ways to do this, and the team is focused on highly effective, legal, and advanced techniques to help people repair and rebuild their credit, helping them improve their financial situation.

“We take real pride in the fact that we only use 100% factual, complaint-based dispute methods to dispute derogatory items on customer credit reports. We use advanced techniques, based on our in-depth knowledge of the laws that protect people against credit bureaus and data providers, ”explains Gérard.

Paradigm uses the power of laws such as FCRA, FACTS, TILA, FCBA, UCC, FDCPA, RESPA and other credit report governance laws to help challenge write-offs, late payments, repossessions , student loans, foreclosures, short sales, late mortgage payments, and more. 79% of all credit reports contain errors. Paradigm specializes in finding ways to help people return to a place where they can be proud of their credit rating and report.

Personal credit repair is just a stepping stone for Paradigm services. Many of their clients who are business owners do not have access to the financing or loans that would normally be available to them. Paradigm is able to create comprehensive business credit profiles for their clients, which ultimately produces a high commercial credit score (also known as a Peydex score) that would allow access to multiple loan options for business growth.

Paradigm was launched eight and a half years ago, after Gerard himself went through the credit repair process and realized that many companies were doing it the wrong way. Learning from his own experiences, he decided to become a credit repair expert to help other people. Giving back is a top priority for the company. In 2018, after the Paradise fires, Gerard knew many people, including members of his family, who lost their homes and got insurance benefits that were not equal to the value of the home he was claiming. they had lost, and had to take out loans to get a new house. Once there, they found themselves facing difficult credit problems and in a very difficult situation. In 2018, Paradigm provided free services to fire victims and helped 37 clients repair their credit, enabling them to get good loans for new homes.

Paradigm works on a flat rate model, there are no membership fees and no monthly fees, the average time only taking 3-5 months. Connect to their website (www.paradigmcreditrepair.com), social media or email info@paradigmcreditrepair.com to learn more and start your credit repair journey on the right foot.

Contact:

Company name: Paradigm Credit Repair
Contact person: Gérard Brazil
Address: 2998 Douglas Blvd, Roseville, CA 95661
Phone number: 916-546-3761
Send an email
Website link: https://www.paradigmcreditrepair.com/

THE SOURCE: Paradigm credit repair

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