How Do Credit Repair Services Work?

credit repair

About 108 million Americans have a poor credit score or no credit at all. If you are one of these millions with less than perfect credit, you know how difficult it is to get a mortgage, open a credit card, or even get a job. This is where using a credit repair company can help you boost your credit score and take back your finances.

To help you get your credit score back on track, we’ve rounded up everything you need to know about credit repair services. From how they work to what they can help with, we’ll explain the basics of the credit repair process. Let’s jump in and see if credit repair services are right for you.

How Do Credit Repair Services Work?

A credit repair company will analyze your credit looking for inaccuracies and taking care of disputes. If you have an issue that is difficult to resolve on your own, a credit repair company has experts in this field.

Your consumer repair expert will go through your entire credit report. They will then look for any inaccuracy or discrepancy. If there’s something you are legally entitled to dispute, they can do so on your behalf.

What Can Credit Repair Services Help With?

After our initial fee and review process, we only charge you for successful deletions from your credit. This means you aren’t charged a flat fee for services that don’t help your credit.

We can dispute late payments, duplicate accounts, collection accounts, foreclosure, auto loans, broken leases, and more if there is a case to do so. We understand which accounts are bringing down your score and where the errors lie. A credit repair company works to try and solve these issues on your behalf faster and more effectively than you could have on your own.

Without credit expertise, it can be almost impossible to even know where to begin. Think about all the time you’d spend just trying to find the right contact person at each account. A credit repair company saves you time, stress, and money.

While there’s no overnight quick fix for your credit, we know what to tackle and how to help with accounts you couldn’t have changed on your own. From there, we can provide guidance and tools to help raise your credit score on your own as well over time. You may be surprised by how much money you’ll save in late fees, interest, and collection fees after the process is completed.

Why Bad Credit Matters

A low credit score could be affecting more aspects of your life than you realize. Not only does your credit score affect your ability to get new credit, a mortgage, a new car, or a credit card but it’s also costing you more money. 

When your interest rate is higher, it will take you longer to pay off the principal balance of your loan. This often leads to a cycle of more debt and more interest fees. This is why it’s so crucial to reduce your debt and increase your credit score. With a higher credit score comes better loan terms and more money in your pocket each month.

When you’re saving money on interest fees and credit card payments, for example, you could be saving money for an emergency, a down payment on a home, or even investing it. Consider all the possibilities you could have for the money your poor credit score is costing you.

Not all Credit Repair Companies Are Created Equal

While many credit repair companies out there make promises that sound great, they aren’t all able to deliver what they promise. If you find a credit repair company that offers a 100% guarantee that they can fix your credit in an extremely short period of time, it’s likely too good to be true.

We will always do a thorough credit review to make sure we can help you. We’ll go over our action plan and what the best solutions are for you. There are also a number of ways we can work together to improve your credit and your finances.

While your credit is being repaired professionally, it’s also a great time to make some changes when it comes to your finances. We can help you with what credit cards or accounts to keep open, close, or pay off to help boost your score the right way.

During this time, it’s also important to do a little homework of your own, taking a look at your budget, income, and spending to make sure you’re on the right track. This combination of professional and personal change will help raise your credit faster and make sure you’re able to keep it that way in the future.

Getting Started on Your Credit Repair Journey

One of the best things about a credit score is that it doesn’t stay the same forever. With our professional credit repair services and guidance, you can greatly improve your score over time. The changes you make on your own and with our help can change your credit score and financial health for the long term.

If you’re ready to kick-start the credit repair process, we’re ready to help. To get started, fill out the contact form here to learn more and speak with us about our services. We’ll do a thorough credit review and come up with a credit repair plan as unique as you.