Credit recovery
Friday, October 10th, 2008The moment that I dreaded for the last three years had finally come. My old truck had finally gone passed the stage that it could be repaired and I would need to look around to find a new one. Why I feared the moment was that a few years ago my business had gone through a really bad patch, work was very thin, and my cash flow was a disaster. It didn’t take long before the bank was calling me up and checks were being returned. I knew that I had seriously dented my credit score and it would take a long time to make it right. Things in the business picked up and as if sensing our vulnerability, the old truck seemed to potter on for ever, from running repair to running repair, till one day it just seemed to seize up and die. I told myself, “What have I got to lose” and gave a local credit repair company a call. I was delighted to discover a couple of day later that that my credit was good for a loan to buy a used truck. I spoke to my bank manager, and he was happy to see me and to set me up with finance.