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    Former Credit Repair CEO Says “Do-It-Yourself” Credit Repair is Easier Than People Think

    PRWeb – Wed, Oct 5, 2011

    Many credit repair companies keep consumers in their service longer than they should, costing Americans thousands of dollars.

    Phoenix, Arizona (PRWEB) October 05, 2011

    Not many CEOs dissolve a successful company to build a new one, but Jeremy Maher did.

    “I was conflicted about the credit repair industry in general,” said Maher, CEO of a former credit repair business. So Maher dissolved his successful credit repair business six months ago after only a year in business. He became convinced that most people are not only capable of repairing their own credit, but can do it more easily and cheaply than most companies can.

    “I’m out of the industry now, so I can say that. But the fact is, every time a company successfully repairs someone’s credit they lose a customer,” Maher said. “So they sell them services or do things that really keep some customers there longer than they need to be in order to keep their customer base; I didn’t feel good about that.”

    As the CEO of his own credit repair company, he had to think seriously about quitting his job — but he did it, and dissolved the business to start a free website and blog, providing advice, tips, tools and information that can help anyone willing to invest the time to repair their own credit.

    Here are five tips Maher has on his website, http://www.MyCreditRepairTips.com, for consumers who want to repair their credit themselves:


    •     Take it one step at a time. Don’t try to learn or absorb all the information about credit repair all at once.

    •     Feeling scared, intimidated and inadequate about the process is normal. Don’t let fear stop you. Find a friend, spouse or trusted advisor to help you.

    •     Set a time limit. Work on it for 15 minutes at a time, then get up and walk away. You can set a goal of 15 minutes a day total. Chip away at it one day at a time.

    •     Set small goals, like reading an article about credit repair or ordering your credit report. Each time you complete a small goal successfully you gain the confidence to do the next step.

    •     Take lots of deep breaths when you feel panicky. It will help stop the panic. If you feel overwhelmed, get up and go do something else. As long as you continue to learn, and to set small goals and work toward achieving them, you can repair your credit.

    Legal credit repair doesn’t happen overnight. Anyone who promises to fix your credit in a matter of hours is lying. It takes some time, but it can be done.

    “I repaired my own credit, and helped friends repair theirs. That’s how I got into the business to begin with,” Maher said. “I helped a lot of people, but I’ve come full circle now. I see that the best way for people to repair their credit and gain the skills to keep a good credit score is to do it themselves.”

    Maher is launching a do-it-yourself credit system on October 12, 2011 that will help consumers for about the same cost many pay a credit repair company the first month, before any work is done.

    For more info on his credit repair system, visit http://www.MyCreditRepairTips.com

    # # #

    Jeremy Maher

    (623) 252-6243
    Email Information


     

    4 comments

    • timdlewi
      timdlewi  •  7 mths ago
      the first sentence in all five tips are eerily similar to what my sex coach preached to me on a regular basis.
    • Greg
      Greg  •  7 mths ago
      Jeremy is way off base here. The credit repair company I hired put me in a much better financial situation in just a few months and it didn't break the bank to do it either. Maybe I could have done some of it myself, the same way I could fix my own car or cut my own hair, but I wanted someone with experience and know-how to help me along. It was one of the best decisions I've ever made. Now I'm in a position where I can get a loan to go back to school. Without their help, this wouldn't have been possible.

      Maybe Jeremy was a predator when he worked in the business but they aren't all bad. I'm proof of that.
    • SylenCe
      SylenCe  •  7 mths ago
      Is this an american innovator? Directly from the website advertised in the article:

      Jeremy Maher after earning his degree in finance?:

      "It was a fake credit card with Jeremy Maher on it and an offer for 0% interest over the next 12 months. I couldn’t believe it. Having earned a Bachelor’s Degree in Finance, I said to myself, “Wow, this is free money!”

      So what did I do? I maxed out the credit card and forgot that I actually had to pay it back at some point. Next thing I knew, I was $20,000+ in credit card debt that seemed to come out of “thin air”.

      WOW. You are truly a brillant man Jeremy Maher. "Applause". Dont talk about the school you went too otherwise Obama might shut it down. That same degree is now helping you advise consumers? Unreal.
    • SylenCe
      SylenCe  •  7 mths ago
      This article is a scam. A guy with 1 year experience selling out his own business to get the backing of an article to sell his own "do it yourself" credit repair. Then you go to his site and he claims to have been doing it for years?? LOL I know companies out there that work wonders and charge very little. They also do things Jeremy will never understand or do in a lifetime. The reality is he couldnt make it, couldnt find a solution to avoid the unverifiable problems he lists, then had a connection that would support "do it your self" credit repair and took it. (this article) Way to follow through and be a leader Jeremy who? Way to evolve the industy. There have been thousands of do it yourself kits, software, and websites for years. Long before you jumped on the band waggon in 2010 after the financial crisis when people were down. I bet you did home loans, then couldnt do loans anymore and thats how you "thought about credit repair". It just annoys me that people write articles about this stuff, adoring people who havent accomplished a thing. This guy isnt an innovator hes just copying whatever he can to make a buck. And people throw around the word CEO way too much. Just because you own a business doesnt mean you are a CEO. Judging from his new website he didnt make too much money helping credit repair clients. If the system is as good as his new site then ladies and gentlemen we have ourselves another American Scam. Im from Arizona and know some of the top credit repair companies in the nation. He wasnt even on the radar, still isnt.
     Post a comment
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