Your account goes through several stages with your creditor and your credit report. All these types of accounts will slowly ruin your relationship with your creditors and quickly destroy your credit. See How Late Payments Turn Into Charge Offs Then Collections Then Judgments Then Liens and Finally Bankruptcy.

The Fair Credit Reporting Act (FCRA) was issued to give consumers rights to what is on their credit reports. It was created because to many errors, thieves, and creditors were ruining consumer's credit and there was nothing they could do about it. Top 5 Reasons You Need Credit Restoration - Reason #5 FCRA Rights.

Creditors want their money and will stop at nothing to get it sometimes. Collection practices range from credit bureaus contact to harassment. You need to be aware of what they are capable of and what to do about them. Top 5 Reasons You Need Credit Restoration - Reason #4 Corrupt Collection Practices.

Sometimes you just simply can't pay your bills on time. It could be because of a loss of job or medical problem. But for whatever reason you don't have money and those bills just don't stop. Credit restoration can help when you just aren't able to handle it all. Top 5 Reasons You Need Credit Restoration - Reason #3 No Money.

79% of all credit reports contain errors and 25% of those errors are severe enough to deny you credit. Credit restoration can help correcting these errors and your credit score. Top 5 Reasons You Need Credit Restoration - Reason #2 Credit Reporting Errors.

Do you really need credit restoration? Do car owners really need insurance? Not if you never get in an accident. The problem with that is no one plans on getting in an accident. Just like no one plans on getting their identity stolen. Identity theft is real and if you aren't paying attention, your credit can be stolen and you won't even know about it.