For someone that wants to get rid of the debt that has been created by your college expenses. This can be a difficult process, but we can help you get through it. My Money Mechanic gives people personal finance tools to help people repair their credit. This is so our loan and credit card clients can get the lowest interest rates when they consolidate student debt following a very easy credit repair process. What is the use of paying all the money you are making if it isn’t doing anything but making the bank richer.
Today credit card companies spend billions of dollars advertising to get people to get credit cards. They make a killing off consumers with their interest rates. Especially when it comes to student debt.
This is because the credit card companies want people to go to school, so they can spend more money when they graduate and get a job. However the credit card companies also understand that money can become an issue when you are trying to get through school. All they need is for you to pay late once or twice and then they jack your interest rate up to 30% or higher.
You can avoid this trap no matter how bad your credit score is. We can help you find a bad credit repair service that will get any bad marks that are on your credit report wiped clean. If you have nothing but bad things on your credit report. You can still be helped because they can erase everything bad on your credit report like you never had credit at all.
This day in age you would be surprised on how easy credit repair is. You just need someone to show you the personal finance tools you need to make it happen. You owe the money anyway, so wouldn’t you rather pay on what you can afford in good standing rather than not. You need good credit to have anything nice. With everything becoming more and more expensive. Having good credit is one key thing that you need to have. Also think of the good things that are on your credit report. Your bills that you have paid on time, this will help your situation with credit repair a lot.
After your credit has been repaired you will want to check out My Money Mechanic’s debt management tips for students. They can show you credit cards that you can get 6 to 12 months off from paying interest on any money you transfer with these cards. Consolidating student debt this way can make your life a lot easier. Especially when you have had late payments. No one is perfect but when you don’t have the money, you just don’t have the money. If paying too much is the issue then this is still a great way to go. My Money Mechanic will soon be providing visitors on our website with banks that will consolidate student debt for you without having to use a credit card. But this is still a great way to get out of paying interest for a year.