Credit Repair advice

[Anonymous]

For any of you who’ve worked to help clients chart a course for restoring bad credit and to tackle the costs associated with borrowing on bad/no credit, I would love to hear strategies you utilize at the outset with such clients. I could use some guidance in prioritizing where to go first with a couple that I’m considering taking on as clients. He is retired on disability from Navy and his wife is currently expecting their 2nd child. I think I can help them to organize their budget and create a more efficient bill pay system, but would love to hear advice from a specialist in the area of credit repair. I’m new to DMM and haven’t yet had a client with such costly credit issues. Thanks you!

[Anonymous]

I also have a client in similar circumstances. We did as you did by starting with the basic budget, essential expenses vs variable, and a good bill-pay system. We are now looking at all of the credit issues: Who, what, where, how much, rates, etc. We are breaking down what we can afford for repayment and how we want to tackle it. There are a few different repayment techniques. I believe its important to find one that motivates them. I never want to incur additional costs for them but if they don’t stick to it, it won’t help. Find a system that works for them so they can implement it regularly.
Julianne

[Anonymous]

Thanks Julianne for your input! I just haven’t worked with a client like this yet so even though I think I know the right steps to employ, I haven’t tested my methods yet. Always glad to know when others are working similarly.

[Author]

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