Credit Repair

This is a term that I have not heard in a long time, the idea being that you can repair your credit profile by taking more credit and repaying existing bad credit, this can obviously lead to a debt spiral but it could also be a way of raising fresh money for new projects and or reducing the interest rates on current debt. Obviously it depends on the underwriters of any new loan or mortgage.

Published by IFA on fire

Living in the South of England, contactable via e-mail details on request

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