Personal-Loan.com Unveils Credit Repair Guide

FORT WORTH, Texas, Feb. 6, 2014 /PRNewswire-iReach/ -- Credit woes plague nearly a third of individuals in the United States. Left unchecked credit problems are cancerous and get worse with time. Unfortunately, many individuals do not know how to go about fixing their credit scores and often resort to ill-informed strategies, unscrupulous experts, and self-sabotaging behavior -- all resulting in greater harm than good.

In its opening paragraph, the guide explains "There are many people that are under the impression that bad credit will always be bad." This one statement pretty much nails the inertia and a state of helplessness that most individuals experience when it comes to their own credit.

Personal-Loan.com estimates that nearly eighty seven percent (87%) of individuals don't know how to fix their own credit or consider the process to be too complex and onerous. While credit issues don't disappear immediately, there are certainly ways to go about making steady progress.

The guide considers the following as viable strategies for fixing bad credit:

* It boils down to one number. At the very outset, the guide which is available at http://www.personal-loan.com/credit-repair.html explains that a credit score is your profile boiled down to one number essentially. This three-digit number, known as the FICO Score® provides a snapshot of your credit profile to lenders and institutions interested in evaluating credit worthiness.

* Obtain a free credit report. Further down, the guide's creators explain that obtaining a free copy of your credit report is the next and most important step. Individuals and organizations can visit http://www.ftc.gov to learn how to download a free official credit report.

* Dispute items that are inaccurate. Many individuals consider the credit reports to be gold standards. Unfortunately, as with any large data initiative, there are inaccuracies and inconsistencies which can be easily resolved. If you find any discrepancy, contact the appropriate credit reporting agency -- there are three -- to initiate the dispute process.

"At Personal-Loan.com, we are very serious about educating our consumers and helping them evaluate their options. Not only do we help our site's visitors compare and apply for a personal loan, we also assist them with various informational guides and tips. Our credit repair guide is the first and most important step in this direction. We started at the very foundation, which is fixing credit, before building on other programs that are designed to help borrowers gain a competitive edge in the lending process," explains Lisa Stinson, founder and CEO of Personal-Loan.com, a short term loan website.

Launched nearly fifteen years back, the company that created Personal-Loan.com is considered a pioneer by many. The site's innovative and state-of-the-art features help common borrowers hunt for appropriate loan programs, complete an application, obtain a quote, and apply for a loan -- all within thirty seconds. In addition to offering a variety of loans, the site also features a host of free tools, guides, and informational articles that educate consumers on various aspects of borrowing.

Media Contact: Lisa Stinson, Personal-Loan.com inc, (872) 222-9076, [email protected]

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SOURCE Personal-loan.com Inc.