Bohemia, NY (PRWEB) April 30, 2013
On April 30, 2013, John Monderine, CEO of the leading collection services agency Rapid Recovery Solution, issues a statement regarding several pervasive credit score myths.
According to a recent article from CBS News (4/22/13), it is essential that people check their credit score at least once a year, and even more, that they know what it means. Author Dave Johnson clarifies some issues:
John Monderine, CEO of collection services agency Rapid Recovery Solution, says that the credit score is the starting point for assessing a consumer's personal finances. “It’s like a report card, and it’s the quickest way to know how accrued debt is affecting your credit. The report, on the other hand, shows all the account balances and payment history, so consumers can determine if any debts are slipping through the cracks.”
Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.