New Delhi [India], June 8 (ANI/SRV Media): If you have a bad credit score or a poorly maintained credit history, you won’t get credit. Do you have a question in mind, what should you do? Is there a credit repair in India? Is there a law related to it? Is it worth seeking help for Credit Repair?
The answer for everyone is yes and positive. While you can do Credit Repair yourself, seeking help from a Credit Repair Company will give you a much better advantage as Credit Repair requires lots of processes, lots of paperwork, knowledge, time and patience to get a positive result.
There are some myths around credit repair due to ignorance such as there is no concept like credit repair in India, those who do this are fraud, credit repair companies are scam, better to repair credit yourself, etc. but these are just myths without any meaning.
Credit recovery is a process of repairing bad credit that may have deteriorated for a variety of reasons. Consumers’ credit scores are based on a number of factors including whether they pay bills on time or not as missing payments can hurt their credit score and in turn make it more difficult for them to obtain other credit such as home loans or car loans, etc. .
In India, all banks have different terms and conditions for offering loans and credit cards, but it is common for every financial institution to look for a clean credit history and an error-free credit report with a credit score of 750 plus, and they rely heavily on this to get a credit decision therefore it is imperative that you maintain it and when you do not meet the above conditions then start repairing it and take the help of Credit Repair Service.
Credit repair is designed not only to help individuals improve credit score but also to help the economy of the country as the economy depends on the responsible behavior of citizens in enforcing credit liability. The more debt each citizen has, the more it can also hurt the economy of the country.
Apoorvaa Foundation is the pioneer in this unique concept of Credit Repair in India and thus provides a new financial line in the field of banking and financing. Credit repair experts are knowledgeable about the laws that banks and credit bureaus follow. They understand how the Credit Information Companies (Regulation) Act, 2005 works. They can make better use of the law by understanding the real problem and helping you with legal solutions.
Apoorvaa is also a pioneer of Credit Awareness Seminar with the aim of helping society and banks to know the depth of Credit Report and Credit Bureaus which means more and more people are being financially educated to handle their own credit .
Apurva Bhagat, Founder and Chairman of Apoorvaa Foundation, leads the Credit Awareness Seminars himself and extends his credit analysis skills for people who need to work on their credit issue.
“Our motive behind Credit Repair is to build a credit healthy nation and with this we continue to expand our services at PAN India Level and to fulfill this we currently have 108 branches in 90 cities in 21 states,” said Apurva Bhagat, Founder and Chairman of the Apoorvaa Foundation.
Credit repair is also important when it comes to doing business with or negotiating with banks or collection agencies as not everyone is professional at handling the situation but the company dealing with credit repairs; they have professionals with the skills and knowledge to handle clients, banks and collection agencies. In addition, Credit Repair is necessary for those dealing with a bad credit score, poor credit history, identity theft victim and inaccurate data loaded into the credit report.
One should know that the recent pandemic has taken a toll on everyone’s financial situation. At the same time, it has also affected the credit score. The current scenario is different than it used to be because in earlier times personal judgment was part of checking creditworthiness while today it is thoroughly based on Credit Report and Credit History. Today, the application process also includes credit reports to assess the creditworthiness of candidates.
The pain is that people are not aware of the importance of Credit Repair and at the same time the business opportunities here are also untouched in this area. The door for Credit Repair Business is open to everyone, because of the skyrocketing credit requirements in daily life to maintain the need for individual and business expansion for entrepreneurs, we can say that it is recession free and there is no more competition to tackle and expand it.
Moreover, you can easily get involved with this with minimal investment and high returns if you pursue it with due diligence and perseverance.
Visit for more information https://apoorvaa.co.in/
This story is provided by SRV Media. ANI is in no way responsible for the content of this article. (ANI/SRV media)
This story was generated automatically from a syndicated feed. ThePrint is not responsible for its content.
Why news media is in crisis and how to solve it
India needs even more free, fair, unbroken and questioned journalism as it faces multiple crises.
But the news media is in a crisis of its own. There have been brutal layoffs and pay cuts. The best of journalism shrinks and gives in to a primitive primetime spectacle.
ThePrint has the best young reporters, columnists and editors working for it. To maintain journalism of this quality, smart and thinking people like you have to pay for it. Whether you live in India or abroad, you can do it here.