3-05-2009
Feds Adopt New Credit Card Rules
As recently reported by Detroit Consumer Attorney, Kurt O'Keefe, today Federal regulators adopted new rules that restrict the ability of the credit card industry to increase interest rates on existing account balances. The new rules take effect in July of 2010. Under the new rules, credit card companies will no longer be permitted to raise interest rates on current credit card balances.
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| Credit Builders of El Paso |
| At Credit Builders of El Paso we offer a free consultation to assess your credit situation. During this process, we will make determinations on how much we can potentially improve your credit history and FICO score. The single most important aspect about our firm is that the clients must want to help themselves first. We have the tools to accomplish a positive solution, but each of our clients has one thing in common: he or she wants to obtain a better quality of life. By diligently performing our services and delivering customer satisfaction unlike anyone else, we have been successful with all of our clients to date. From late payments to charge-offs to bankruptcies, our credit repair specialist have the ability to create a solution for virtually all credit problems.
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| We are committed to helping individuals improve their less than perfect credit. Mistakes happen, getting them fixed is where where we come in. Negative items reported on your credit file lower your credit score. We work to legally remove those inaccurate, unverifiable and outdated negative items off your credit report. Once negative items are removed, your credit score will generally increase.
Achieving a higher credit score in most cases will give you better rates on loans and possibly qualify you on larger purchases. Every individual's credit situation is different and that's where our experience in applied to use the most effective method's to improve our client's credit. After filling our the forms the process will being, once we receive your application and supplied credit report from the 3 major bureaus, we will contact you for an free initial consultation. An analysis of your credit situation will be made at this time along with any recommendations. Our company is committed to giving you the most for your money. That's why we not only help individuals restore their credit, we also help individuals build their credit.
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