Though the Christmas and holiday decorations have been slowly creeping up on store shelves for the past couple of months, the tinsel and evergreen is now front and center in just about every store. The holiday season is upon us! Everyone’s budgets are a bit tight this year but we still have all those gifts to buy no matter what the economy has to say about it. You’ll probably be tempted the next time you come face to face with a cashier, “would you like to save 15% by applying for a –insert store name here – card today?” Normally you’d just brush off this sales pitch but today that 15% and a deferred payment is sounding pretty tempting. Don’t do anything rash, wait a minute!

Whether you’re considering a short sale or you’ve just gone through one, it’s time to take a deep breath and take stock of where you stand today. You’re clearly not the only one in the short sale boat. But do you ever get that feeling when everyone around you is going through something like a short sale, a yearly physical, sitting at the DMV, or filing taxes, that you have no idea how everyone is getting through this painful and frustrating experience? You know, that, “am I doing something wrong because this really sucks?” feeling? Then yea, you’re likely experiencing exactly what everyone else is going through.

Desperate times call for desperate measures and cities around the nation are getting pretty desperate. Thanks to those speed monitoring camera vans and red light cameras, cities have been able to cite drivers in record numbers. If you’re like thousands of drivers you’ve probably thrown those tickets right in the trash – I mean – never received them. In the past you’ve likely gotten away with the “well they can’t prove I ever received it” excuse, but as strains on the economy pressure the state and city budgets you can bet that they will be trying a bit harder to collect. You still may not ever have a court server knocking at your door to hand you your ticket directly because hiring those guys cost some serious cash, so now you may just have your ticket sent to collections. Ouch.

So you think you know how to fix your credit on your own? Thinking you’ll close your credit cards to boost your score? Not always. Well surely if you pay off that four-year-old collection account your credit will sky rocket right away! Probably not. Sounds crazy right? Well the way credit is scored IS pretty crazy and that’s why we are here to help.

Why is it that all credit repair companies have a bad rap these days? The last time I checked Ruth’s Chris Steakhouse wasn’t getting yelled for a poorly cooked steak, or McDonalds making a bad burger!(well okay maybe that’s true – but you get the idea) Credit repair companies are not all created the same. Sure there are better companies than others but all credit counseling companies aren’t bad. Unquestioningly there have been some rotten burgers in the credit repair business, some so bad you’d have food poisoning for days, but the whole of the industry itself is out to help consumers - not hurt.

Praxis Credit Consultants are expert counselors who can help you:

Fast Start to Repairing and rebuilding your credit

Straight out of the gun! With proven methods already in place to help you reach your goals as soon as possible. We dispute all the items that are misleading, obsolete, inaccurate or duplications on your reports. This provides the assurance to deliver the best value in the industry.

The advantage of having a credit coach

Many people are unclear on even how to read a credit report much less know where to start on the reporting problems. Since the credit problems are usually hard to spot we offer a free credit consult to help provide you with the information on which items need to be disputed. We help you identify even the most subtle dispute items to create a solid plan of attack so that you can reach your goals of higher credit in no time.

Crappy credit is our specialty! You say the word and we can help you turn your financial outlook around!  At Praxis Credit Consulting we help our clients put those ugly credit mistakes in their past and move forward to a positive financial future. It is time to take control of your finances and never get another pestering collection call again!

It may be easier now to hide your head in the sand and try to forget those ugly blemishes on your credit report, but it won’t fix the problem. As a matter of fact it is probably making them exponentially worse. It is time to start digging yourself out of that credit nightmare before it becomes hopeless.

Dry your tears! Praxis Credit Consulting has the solution. Don’t go day to day worrying about the next time you have to explain away your ugly credit. We can help you clear up your credit history and set you on your path to rebuilding a positive credit rating that will have you smiling your way to low interest rates and simple qualifications.

Medical debt in most cases is unavoidable. In a lot of cases so are huge knocks against otherwise spotless credit histories.  Dealing with the convoluted mess of juggling health insurance companies, doctors’ office billing departments, and hospitals it is easy to lose track of a bill or forget to make a payment. New legislation is now in the works to have collections, which originated as medical debt, to fall under its own category on credit reports to be scored differently than non-medical collections.

This new bill dubbed the Medical Debt Responsibility Act is currently under consideration in the House of Representatives and could potentially help trustworthy borrowers qualify for a home loan by lowering the impact of medical collections on their credit reports. Currently the bill is co-sponsored by Representative Donald Manzullo (R-Illinois.) Representative Heath Shuler (D-North Carolina), and Representative Ralph M. Hall (R-Texas).

The Medical Debt Responsibility Act calls for the three major credit bureaus (Experian, Equifax & TransUnion) to change the way medical debt affects a credit score. Currently the three bureaus report any and all medical collection information for the maximum allowed duration as with any other collection information; seven years, whether it remains unpaid or not. The Medical Debt Responsibility Act would require that all medical collection debt under $2,500 be omitted from credit records within 45 days of being paid or settled upon.

The recent economic downturn has everyone finger pointing to establish blame in hopes of correcting the circumstances that created this spiraling situation.One of the most widely accepted culprits named have been the far too lenient standards for lending on real estate loans, which has led to millions of foreclosures and short sales across the country.The Dodd-Frank Wall Street Reform and Consumer Protection Act, dubbed the Dodd-Frank Act for abbreviations sake, was signed into law in 2010 to among many other things, begin the process of cleaning up the lending industry.

Since the enacting of the Dodd-Frank Act under a provision known as the “Risk-Based Pricing Rule”, consumers have been empowered with the ability to access their credit information without fee or penalty if declined or extended less than favorable terms.As of July 21^st, 2011 consumers who were never declined for a loan or those who have received even the most favorable terms have the right to request their own credit reports as well.Essentially any consumer applying for credit under any terms has the right to see their credit reports and without a fee.

The Praxis Credit Consulting difference…

Our People.

At Praxis Credit Consulting you will immediately notice a difference with our impeccable customer service. We treat our customers with the respect they deserve because we know what you have been experiencing.

Our employees go through extensive training not only in reading credit reports but the laws that govern them; they are motivated to help you with your credit challenges, and friendly to better serve your needs. At Praxis Credit Consulting we are like family so we will do everything we can to help you and your credit hurdles.

 Why Praxis Credit Consulting?

Using strict compliance monitoring systems and the most creative credit repair strategies to generate industry-leading results, we’ve been helping our clients rise above financial worries since 2004. Praxis Credit Consulting continues to set the pace to generate second chances for our clients in the credit repair industry.  Praxis puts the needs of clients like you above all else and delivers on our promises to restore, teach and support our clients current and future needs.

Praxis Credit Consuting is a trusted leader

Praxis Credit Consulting is committed to providing quality service and with a proven track record to back it up. For nearly a decade we have helped our clients pilot a second chance to achieve their goals of home ownership, better jobs and job security, all the while saving on day to day items like insurance, credit card interests, mortgage and auto loans.  Check out our Praxis Testimonials of our more than satisfied clients and our stellar rating on the Better Business Bureau!

If you've found yourself facing severe financial problems, you might be considering filing for bankruptcy as a way to take care of your debt.