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Mikeya Abigail CEO, Mikah Smith, which affects the founder and finance, talks to Fox News about the financial crisis and how to correct the financial crisis compared to a quiet credit crisis.
Do you do a job? Are you planning to buy a new home or car? Try to put the money to invest in or save? All “unprecedented” is due to your loan that may be in the middle of a crisis.
According to Mikah Smith, the founder of personal finance and the founder of its own credit recovery company, your loan is “the foundation of the owner of any wealth.” Today calls Americans to wake up and say “they can” say “very much It should be where the loan should be.
“It’s not just something that is on your face. It’s not something you take. If you want to avoid a lot of people, it can only prevent it and leave alone,” he said.
“The risky you look at the paper, everything will be expensive, and you will cost a car for $ 200, if you want to cost $ 500 in these credit cards, this credit card interest rates, it continues to glue us.
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In the fourth quarter of 2024, consumer household debt in the United States, according to the Federal Reserve Bank of New York, according to the Federal Reserve Bank of New York, the Federal Reserve Bank of New York reached $ 18.04 trillion without credit card residues.
Loan Restoration Specialist Mikah Smith, explains that your account can break you and “you pay for everything.” (Tulkubusiness)
In addition, April 1 Survey from expertise About one of the four-year-old US, about one, said they are currently uncontrollable.
Smith noted that during the coronavirus pandemic, the artificial stimulus continued to be confident and spent on consumers.
“What happened in 2020, we really saw.
“What we seem to be owe more than we have now seen in history … so many people, so many people, now we see people from this height.”
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Smith “Credit Doctor”, emphasizing that the missed payments remain in the loan reports for seven years, most “catastrophic damage”. Other common loan errors do not include Tracking Student Loan Collections And new accounts are unable to recognize the inaccuracies of reports such as hard inquiry or potential fraud.
“Thirty-five percent of your entire credit account comes from the payment date. Therefore, when the lender determines what you appreciate and what you will give to you, they try to see your payment date,” he said.
“And if you have boards and have your spots and miss your payments, you don’t only fall down, but you look very risky to lenders.” “And the underwriters, the last missed payments will be more likely to reject you due to the indicator of a problem.”
“You have to shoot for the 760, because you do something fewer than this, you make a disservience to yourself. You pay for everything.”
“As I pumped so much money on the system during the covep, I really feel like we are really falling to us, as we have fallen to us, I feel like we really are as difficult.”
The biggest mistake around the loan will automatically increase your account to pay debts.
Credit card prizes will disappear and who guess who will accuse?
“I would say that at least half of our customer,” I paid it, I had a humiliating item in my credit report. Why don’t I have a credit? “” Smith claimed.
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“When you see, it is the recompense of your most debt, it is very small to the credit expense of the problem. The collection of zeroed-out and now you are suddenly falling.”
“They take it as a new collection. What will happen now, it will take place on the card for more than seven years.”
Smith is a credit account, always recommends keeping an average credit account using updated daily credit institutions such as your account, and updated daily credit organizations such as the internship and credit karma.
“You can’t track what you can’t measure and you don’t know what your loans are.” Be aware of what you need to do, and see something in your credit report you don’t know, this is what you want to bring something professional. “
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The establishment of a strong loan is reported to be admitted to a bad loan, the confession of Smith, but many consumers who violate the exhibition loan reporting act and 80% of many consumers can be corrected to restore your account.
“This is how we try to help you clean these things, because it can be really difficult, because it can be very difficult, because it can be very difficult for profit institutions.
Given The volatility of the last stock Creating panic among investors and medium Americans, the Credit Specialist is more important to be “stressful”, but it is more important to prevent any delayed payments or to prevent missed payments.
“History always repeats itself. So we will come to know and recover things,” Thank you very well. “So when things come to that side of things, it’s just the bride, the wave, right? Panic. Do not sell everything. “
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Atlas Merchant capital founder partner and CEO Bob Diamond, ‘Claman Countdown’ s debts in the essence.
“At this point, the biggest thing we have seen, please, please, please do all your payments on time … In this type of markets, it is a great time to make any excess money.” “I want you to know that you have a very incredible specialist to help you achieve success and succeed.
“You are just as sick as your secrets. Don’t keep it in yourself. You should talk about it. You should share with someone who helps you find a solution.”
