๐ง We're all in a very difficult❗ situation and ๐ถ๐'๐ ๐ป๐ผ๐ ๐ด๐ฒ๐๐๐ถ๐ป๐ด ๐ฎ๐ป๐ ๐ฏ๐ฒ๐๐๐ฒ๐ฟ with creditors drastically ๐ซ ๐น๐ถ๐บ๐ถ๐๐ถ๐ป๐ด new accounts,⛔ ๐ฐ๐๐๐๐ถ๐ป๐ด limits on credit cards, ⚠ ๐ฐ๐น๐ผ๐๐ถ๐ป๐ด existing credit card accounts, ๐น๐ถ๐บ๐ถ๐๐ถ๐ป๐ด the number of credit card accounts that can be held at once by a consumer, ๐ฏ๐๐ฝ๐ฎ๐๐๐ถ๐ป๐ด the Cares Act. ๐ซ
๐๐ฐ๐ฐ๐ฌ ๐ข๐ต ๐ธ๐ฉ๐ข๐ต'๐ด ๐จ๐ฐ๐ช๐ฏ๐จ ๐ฐ๐ฏ ๐ข๐ณ๐ฐ๐ถ๐ฏ๐ฅ ๐บ๐ฐ๐ถ - turn on the ๐ป๐ฒ๐๐, listen to the ๐ฟ๐ฎ๐ฑ๐ถ๐ผ, look any news ๐ฎ๐ฟ๐๐ถ๐ฐ๐น๐ฒ - everything's ๐ฃ๐ข๐ฅ ๐ข๐ฏ๐ฅ ๐จ๐ฆ๐ต๐ต๐ช๐ฏ๐จ ๐ธ๐ฐ๐ณ๐ด๐ฆ. An article posted on the 20th in Yahoo Money says, that creditors are doing all of this because, "...๐ด๐ถ๐๐ฒ๐ป ๐๐ต๐ฒ ๐ด๐ฟ๐ผ๐๐๐ต ๐ถ๐ป ๐๐ป๐ฒ๐บ๐ฝ๐น๐ผ๐๐บ๐ฒ๐ป๐ ๐ฎ๐ป๐ฑ ๐๐ต๐ฒ ๐ถ๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ๐ฑ ๐ป๐ฒ๐ฒ๐ฑ ๐ณ๐ผ๐ฟ ๐ฐ๐ฟ๐ฒ๐ฑ๐ถ๐ ๐ฐ๐ฎ๐ฟ๐ฑ๐ ๐ฎ๐บ๐ผ๐๐ป๐ ๐๐ต๐ผ๐๐ฒ ๐๐ป๐ฒ๐บ๐ฝ๐น๐ผ๐๐ฒ๐ฑ." 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 ๐ณ๐ฒ๐น๐น ๐ฏ๐ ๐ณ๐ฏ% 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, ๐ฌ๐๐ฎ ๐ฌ๐ค๐ช๐ก๐ ๐๐ฉ ๐๐ ๐จ๐๐ข๐ฅ๐ก๐ ๐ฉ๐ค ๐๐๐ญ ๐ฎ๐ค๐ช๐ง ๐๐ง๐๐๐๐ฉ, ๐ฌ๐๐๐ฃ ๐๐ฉ ๐ฌ๐๐จ๐ฃ'๐ฉ ๐จ๐๐ข๐ฅ๐ก๐ ๐ฉ๐ค ๐๐๐๐๐ฃ ๐ฌ๐๐ฉ๐? 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!
๐๐๐ ๐๐ค๐ค๐ง๐จ ๐๐ง๐ ๐๐ก๐ค๐จ๐๐ฃ๐ ๐ค๐ฃ ๐ฌ๐๐๐ฉ ๐ฌ๐ ๐๐๐ฃ ๐๐ค, the reigns are getting ๐๐ถ๐ด๐ต๐๐ฒ๐ฟ and it's getting ๐ต๐ฎ๐ฟ๐ฑ๐ฒ๐ฟ 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:
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