Credit Repair Attorney

We’ve seen the news regarding the forthcoming problems with mortgage notes around the country that are going to begin to mature and put countless families and home owners in general in a serious financial bind.  Now, according to an article published in the Wall Street Journal, credit card companies are beginning to ratchet up the credit requirements and interest rates for those who have less than perfect credit. 

“It’s not just mortgages. As it gets tougher to land a home loan, some people are also finding it harder and more expensive to get other types of consumer credit.

Some lenders, such as USAA, are nudging up credit-score requirements across their auto loans, credit cards and personal loans. Bank of America Corp. and Capital One Financial Corp. recently raised fees and interest rates for some of their credit-card customers. And this month, Citigroup Inc.’s CitiFinancial Auto started charging higher auto-loan rates for borrowers with less-than-perfect credit.”

What all of this should tell you is that if you have any problems with your credit history, it’s time to work towards getting them cleaned up, as they’re only going to cost you more money and make it more difficult to get credit that you may need.  If you’d like to find out how to repair your credit in a legal and ethical manner, contact the credit repair attorneys at Smith & Garg today to schedule an initial consultation.