Lexington Law reviews

August 13th, 2013

Have you looked at the Lexington Law reviews to see why people found themselves with bad credit in the first place? Doing this can help you know what things you should avoid or what you should do to protect yourself. If you take the right steps in advance, you may not need credit repair work at all. One of the most common things that you will find is that people had their credit ruined because of deals that they took at the store.

Basically, stores will offer you credit cards and tell you that you can then have your purchases for no money down. They will often do this when you buy large things like televisions or computers. You feel like the items are free since you are not paying anything at the counter. All of the money is put on a card, which you then have to pay off on a monthly basis. You may even be give no interest for the first six months to get you to do this.

The problem is that many people forget to make any payments during those six months. It just slips their mind. After the time period is up, the interest from that time is then applied. You only do not have to pay it if you pay the item off in full before that ending date. This shoots the total up to more than they can afford. They miss payments, fall behind, and ruin their credit scores all at once.

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