I just found out I've spent $1,350 on the ATM fees at my 7-11
San Diego, CA (PRWEB) July 1, 2009
People with damaged credit now have a way to get back on track. MyCreditGroup, a one-on-one credit repair agency helping its customers get control over their finances, has started to incorporate the popular Mint.com website into their credit repair services.
By using Mint.com as a budgeting tool within their credit repair program, Marc Chase of MyCreditGroup.com hopes to help customers avoid the situations that created their bad credit problems in the first place.
"A lot of people have credit problems because they simply don't know how to manage their finances," says Chase. "If you can give them an easy way to see where their extra money is going, it becomes much easier to help them avoid abusing their credit." With Mint.com's easy-to-use features and reminders that help users track when their bills are due, Chase hopes his clients can avoid more bad marks on their credit report as MyCreditGroup helps them reverse the damage already done.
Even the experts are susceptible to letting money slip through their fingers - money that could be put to better use squaring away credit debt. "I just found out I've spent $1,350 on the ATM fees at my 7-11," Chase admits. "It doesn't seem like much when it happens a few dollars at a time, but that's a chunk of change that can make a huge difference when you're struggling with a credit card bill."
By helping people keep closer tabs on where their money is going, MyCreditGroup believes they can learn to make choices that will improve their credit rating. "Paying a little bit more than the minimum payment - even an extra $50 - makes a huge difference in how much money you'll wind up owing overall, and in repairing your credit," Chase says. "We're hoping with the addition of Mint.com as a budget tool, we can help people find that extra $50 in their finances."
This isn't the first time MyCreditGroup has emphasized proper budgeting as a credit repair tool. The company has seen the rise of many "quick fix" credit repair agencies that don't deliver on their promises of eliminating bad credit. "You can't just wave a magic wand and have your bad credit disappear," Chase explains. "You have to make an effort to reform your spending habits, pay your bills on time, and get that score up bit by bit. Mint.com just makes that process a little easier by helping you keep track."
Even if a quick fix were possible, it wouldn't change the underlying problem. "People have bad credit for a reason," Chase says. "If that reason is because an error was made or an identity was stolen, we can fix it. If the reason is because you've not been able to handle your finances, we need to fix that problem, too." With the addition of Mint.com to its arsenal of credit repair strategies, MyCreditGroup is delivering the double whammy people need to see bad credit become a thing of the past.
About My Credit Group:
San Diego-based My Credit Group is a nationally recognized team of professionals specializing in credit repair, debt settlement and identity theft protection since 2001. Rated #1 by several online review sites, the company has provided credit assistance to tens of thousands clients across the country, and their consulting services have been utilized by large corporations including Wells Fargo, Bank of America and the U.S. Department of Defense. For more information, call (800) 430-7494 or visit http://www.mycreditgroup.com.