Have you seen those flashy ads on television which claim to change your life by fixing your bad credit? Usually, they misconstrue facts and hide the awful lot of complexities that might come your way.
So the question remains: ‘Should you trust those credit repair companies’? In this article we highlight why opting for a credit repair company is not a bad idea. We also highlight how you can cut through the companies which spam their way into your life.
The Best Credit Repair Services
Credit repair is the process to perk up the credit health of a person by correcting a faulty credit report or any technical term. There’s one question that always bothers, how can you find a reliable company and how to trust it? Because there are a number of credit repair companies in the market and a number of scams connected with them.
To check whether the company is trustable or not looks for its reputation, longevity and money-back guarantee. Following are the top credit repair services you can look forward to.
For An Overall Response
SkyBlue being the most inexpensive and well-grounded company provides you best credit repair services that come up with basics of credit repair for only $59/month and only $59 starting payment, which is the cheapest among all other credit repair services.
BBB has reviewed SkyBlue with A+ rating which is by far the best rating for any credit repair services. The company also provides a full 90-day refund no matter what the reason is.
In terms of guarantee
The Credit People also offers its services at the same price SkyBlue do i.e. $59 for per month services but their starting pay is $19. The Credit People also provides a service where you can pay around $299 for 6 months with savings. In fact, you can take a 7 day trial for $19 to try the services.
The Credit People is available with 100% money-back guarantee at a time if you are not satisfied with the services.
When it comes to reputation
Lexington Law is the only law firm that is into credit law so they are aware of what they are doing when dealing with lenders. CreditRepairXP has given “A” rating to their services. Lexington Law offers services at $59.95/month and its starting fee is $99.95 with all the features included in the credit repair plan plus guarantee.
The best thing about Lexington Law is that they won't charge you anything unless and until every work is completed.
If you are looking something extra
CreditRepair.com has a correlation with TransUnionwhich is exceptionally profitable as they pull your credit score for you. BBB has rated with an "A". The only drawback of CreditRepair.com is that it is bit pricey. They don't have any starting fee for other services but costs $89.95 per month.
$89.95 will look worth spending when you realize that they are giving standard credit repair services, monthly credit monitoring, score tracker and analysis, mobile texts, apps and email alerts.
When credit repair actually works
Credit repair services are used to bring out the errors from your credit report. These errors can be reporting from lenders or any simple error in your personal information. More the transactions are there more will be the chances of errors. Thus, you can use any of the credit repair companies for the correction.
It is important that every detail of the credit report should be verified. For instance, if you haven’t bought anything or went out of business and it is shown on the credit report and credit bureaus were to call for the verification of the information. You have to clear it from the credit report otherwise credit repair companies will increase your score.
Many credit repair agencies that have been doing this trade for a while also have the experience to work out with your lenders on your behalf. But it does not always work due to some reasons. Some lenders who are eager to listen, this could be the best way to raise your score.