While some credit repair companies strive to get as big as they can, as fast as they can - we focus on being as helpful as we can. To us, ethics and education should always come before profits. We believe you deserve the piece of mind knowing you can turn to us for honest, safe and substantial results. My Credit Group is continually recognized for outstanding performance as a credit restoration and consulting company.
16 Apr, 2008 01:31 PM, posted by My Credit Group's Answer
Debt Settlement is where a company negotiates with your creditors a payoff amount (settlement) less then what is owed. Typically, that can range anywhere from 40 to 80 cents on the dollar.
However, anything less than paying your bills in full, on time has drawbacks and debt settlement is no exception - especially in the current economy. Pretty serious damage to your credit score, potential lawsuits, wage garnishments are all potential risks of a settlement program.
With that said...for many people its the perfect solution. If you want to disucss the pro's and con's as they relate to your specific situation, please feel free to give us a call.
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To the staff at My Credit Group,
As a senior loan specialist for one of the nations top lenders, being able to deliver top notch services to our clients is paramount. Admittedly, I was hesitant to refer my clients to a credit repair company.
That was two years and several successful loans ago, and I can honestly say that you've handled every aspect of your business with complete professionalism. I've heard nothing but but exceptional feedback from my clients, and outstanding results in their credit scores.
To anybody considering using a credit repair company, My Credit Group is the only choice in my opinion.
Sincerely,
Eric Atilano Sr. Loan Specialist
~ Chase Home Loans