😧 We're all in a very difficult❗ situation and 𝗶𝘁'𝘀 𝗻𝗼𝘁 𝗴𝗲𝘁𝘁𝗶𝗻𝗴 𝗮𝗻𝘆 𝗯𝗲𝘁𝘁𝗲𝗿 with creditors drastically 🚫 𝗹𝗶𝗺𝗶𝘁𝗶𝗻𝗴 new accounts,⛔ 𝗰𝘂𝘁𝘁𝗶𝗻𝗴 limits on credit cards, ⚠ 𝗰𝗹𝗼𝘀𝗶𝗻𝗴 existing credit card accounts, 𝗹𝗶𝗺𝗶𝘁𝗶𝗻𝗴 the number of credit card accounts that can be held at once by a consumer, 𝗯𝘆𝗽𝗮𝘀𝘀𝗶𝗻𝗴 the Cares Act. 😫
𝘓𝘰𝘰𝘬 𝘢𝘵 𝘸𝘩𝘢𝘵'𝘴 𝘨𝘰𝘪𝘯𝘨 𝘰𝘯 𝘢𝘳𝘰𝘶𝘯𝘥 𝘺𝘰𝘶 - turn on the 𝗻𝗲𝘄𝘀, listen to the 𝗿𝗮𝗱𝗶𝗼, look any news 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 - everything's 𝘣𝘢𝘥 𝘢𝘯𝘥 𝘨𝘦𝘵𝘵𝘪𝘯𝘨 𝘸𝘰𝘳𝘴𝘦. An article posted on the 20th in Yahoo Money says, that creditors are doing all of this because, "...𝗴𝗶𝘃𝗲𝗻 𝘁𝗵𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝘂𝗻𝗲𝗺𝗽𝗹𝗼𝘆𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗻𝗲𝗲𝗱 𝗳𝗼𝗿 𝗰𝗿𝗲𝗱𝗶𝘁 𝗰𝗮𝗿𝗱𝘀 𝗮𝗺𝗼𝘂𝗻𝘁 𝘁𝗵𝗼𝘀𝗲 𝘂𝗻𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗱." What does this mean? Unemployed consumers are a huge risk and will use their credit cards to fund what they need without thinking of when it needs to be paid back.
Newly opened credit cards 𝗳𝗲𝗹𝗹 𝗯𝘆 𝟳𝟯% from March 15 to April 15 this year with only 2.3 new cards opened per 100 people with credit reports compared with 8.8 in 2019. New limits are now an average of $700 vs. $1084 in 2019. Amex is limiting the # of cards a consumer can hold down to 4.
1͟8͟ ͟m͟i͟l͟l͟i͟o͟n͟ ͟c͟r͟e͟d͟i͟t͟ ͟c͟a͟r͟d͟ ͟a͟n͟d͟ ͟a͟u͟t͟o͟ ͟l͟o͟a͟n͟ ͟p͟a͟y͟m͟e͟n͟t͟s͟ ͟l͟a͟s͟t͟ ͟m͟o͟n͟t͟h͟3͟ ͟m͟i͟l͟l͟i͟o͟n͟ ͟a͟c͟c͟o͟u͟n͟t͟s͟
So, with all of this going on, 𝙬𝙝𝙮 𝙬𝙤𝙪𝙡𝙙 𝙞𝙩 𝙗𝙚 𝙨𝙞𝙢𝙥𝙡𝙚 𝙩𝙤 𝙛𝙞𝙭 𝙮𝙤𝙪𝙧 𝙘𝙧𝙚𝙙𝙞𝙩, 𝙬𝙝𝙚𝙣 𝙞𝙩 𝙬𝙖𝙨𝙣'𝙩 𝙨𝙞𝙢𝙥𝙡𝙚 𝙩𝙤 𝙗𝙚𝙜𝙞𝙣 𝙬𝙞𝙩𝙝? How would it be possible to make it fast when the bureaus are working with a very small % of their normal 10k+ employees? All they're doing is documenting!
𝙏𝙝𝙚 𝙙𝙤𝙤𝙧𝙨 𝙖𝙧𝙚 𝙘𝙡𝙤𝙨𝙞𝙣𝙜 𝙤𝙣 𝙬𝙝𝙖𝙩 𝙬𝙚 𝙘𝙖𝙣 𝙙𝙤, the reigns are getting 𝘁𝗶𝗴𝗵𝘁𝗲𝗿 and it's getting 𝗵𝗮𝗿𝗱𝗲𝗿 and harder to do. Lawmakers are already making changes in line with the creditors that are limiting their risk.
This means that if you don't get in line now and start fixing your credit, there may not be a line when you try 18 months from now OR it's going to be so long that you might as well wait out the full statute of limitations for reporting.
H͟e͟r͟e͟ ͟a͟r͟e͟ ͟s͟o͟m͟e͟ ͟l͟i͟n͟k͟s͟ ͟t͟h͟a͟t͟ ͟y͟o͟u͟ ͟n͟e͟e͟d͟ ͟t͟o͟ ͟c͟h͟e͟c͟k͟ ͟o͟u͟t͟ ͟r͟i͟g͟h͟t͟ ͟n͟o͟w͟:͟ ͟
Free inquiry removal webinar: https://vdth.me/202:
Free Most Important Credit Repair Cheat Sheet: https://airtable.com/shrPVQ13MF0mzB5sx
Beginner's Guide to Factual Disputing: https://app.paycartpro.com/co/guide
Schedule a call with me to take over your file - RIGHT NOW: https://live.vcita.com/site/expertcreditsweeps: