Hiring a Credit Repair Company vs. Self Help Credit Repair

Is self help credit repair preferable to using the services of a credit repair company? If you are planning to repair your credit, chances are you will ask yourself this question at some point. But there is really no right or wrong answer to this question; opinions on the issue vary greatly, and both are effective. It is simply a matter of preference, and to help you decide which option is right for you, we will discuss the pros and cons of each method here.

One obvious reason to choose do-it-yourself credit repair is because it is much cheaper. The only expenses involved would be costs for copies of your credit reports and the postage required to communicate with the credit reporting agencies, creditors, and collection agencies. Also, if you would like to keep an eye on your credit scores as you repair your credit, you may subscribe to a website that allows you to monitor your scores for a small monthly fee.

You can expect to pay an average of $ 100 monthly for credit repair services, although some agencies charge much more, or even a little less.

Of course you are probably interested in saving money, but please be advised that fixing your own credit can be quite time-consuming. Not only is disputing information on your credit reports in itself time-consuming, but before you even begin you must do your homework! Legal credit repair is made possible solely by the laws that protect you as a consumer.

Utilizing these laws is your only hope of repairing your credit, so it is imperative that you learn and understand these laws very thoroughly before you do anything. If you do not truly comprehend the laws, you wont be able to use them to your advantage, and your credit repair efforts are guaranteed to be thwarted. Learning the laws well can take hours of reading, and requires time and patience.

Another point to keep in mind is that credit repair can sometimes be difficult for most people simply because they are not used to dealing with credit reporting agencies, creditors, and debt collectors. Intentionally or not, they seem to have their ways of making credit repair tough for the average consumer; truth be told it doesnt serve their interests for you to fix your bad credit, so they are not inclined to make things any easier for you. However, credit repair agencies are well-versed at handling this issue, and they know the best way to respond.

This is not to say you could not become very skillful at handling this issue with enough practice, but in the meantime it can be quite discouraging when your disputes are thwarted repeatedly. This is one reason that repairing your own credit requires patience and a high frustration tolerance.

Many people have enjoyed success with both self help credit repair and by using a credit repair company. Both methods have pros and cons, so in the end your decision will depend on how much time, patience, and money you have available to you. If you feel you have what it takes to repair your own credit, or if you simply can’t afford to hire a credit repair company, you should probably consider doing it yourself.

However, if you prefer to pay for convenience and can reasonably afford the monthly fee, hiring a credit repair agency may be the better option for you. (If you decide to hire a credit repair agency, please investigate any prospective company carefully beforehand to ensure that it is legitimate and reputable.)

Jessica Acosta is committed to providing consumers with objective, truthful information regarding self help credit repair, along with various other aspects pertaining to personal credit and debt. If you would like to read more of her articles, please visit her website, Credit Repair and Debt Solutions.
 
 

Influence of Slavery on Political and Economic Development in the United States From 1619-1865

The institution of slavery has played an important role in history of the United States until the abolishment of slavery in 1865. Slaves were common in both Southern and Northern states from the arrival of first African slaves in 1619 throughout the colonial era as well as much of the 19th century. With an aim to win the Southern states, the United States Constitution of 1788 recognized the institution of slavery by allowing each state to regulate slavery within its borders.

Despite the fact that slaves were found in both Southern and Northern states, slaves never exceeded more than 5% of total population in the North. In the South, on the other hand, slaves have reached 10% of total population by 1680 and the number of slaves continued to rise even after the Northern states started to abolish slavery at the beginning of the 19th century. Why slavery in the North was never as widespread as in the South is not fully understood but the increased demand for cotton in Europe and invention of the cotton gin at the end of the 18th century undoubtedly greatly influenced the demand for slaves in Southern states. The cotton gin enabled production of larger quantities of cotton which in turn required a larger labor force - slaves. By 1860, slaves have exceeded 30% of total population in the South.

The South's economic growth in the 18th and 19th century was on the level of other wealthy countries but the slave states remained rural and could not compare with industrialized North which also had a higher rate of population growth due to European immigrants. The birth rate in the South was comparable to that in the North but the South had fewer cities and industry which is why the vast majority of European immigrants settled in the North rather than in South. This has resulted in gradual loss of Southern influence in the federal government and subsequently the tool to implement its interests.

The frustration of the South over losing control in federal institutions, and emergence of abolitionist movement and fear from the "Slave Power Conspiracy" in the North has caused serious political tensions among the free states and slave states that resulted in the collapse of the old Second Party System and the American Civil War. However, slavery issue was not only the root cause of the American Civil War but also played a major role in the outcome of the bloodiest war on the American soil. It was the institution of slavery that prevented the South to industrialize as quickly as the North which has turned out to be one of the main reasons for the South's defeat, especially when it become clear that "King Corn" is more important to European powers than "King Cotton".

Isaac Vusterly is constantly updating his world history online [http://www.worldhistoryonline.org/] website where you can read more about American history [http://www.worldhistoryonline.org/american-history/] and other interesting historical topics.

By Isaac Vusterly

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