Credit Repair Services

Overview

Credit repair services are offered by companies to help consumers repair their credit. Because the credit repair industry is highly regulated, consumers who prefer having professionals manage their credit disputes and deal with their creditors can rest easy while relying on the best, most credible credit repair services. There are two types of credit repair services: credit repair law firms and credit repair companies that are familiar with consumer credit rights. Most credit repair services take up to 12 months of writing letters, monitoring the responses to those letters, and communicating directly with collection agencies and the credit bureaus to completely repair your credit, depending on your credit situation.

>> Click Here For Our List Of Best Credit Repair Services<<

Looking For Credibility

Make sure that when you are talking to a credit repair service they don’t give you any guarantees about your credit repair results, because giving promises or guarantees about credit repair outcomes is against the law. The inability to give definite promises about when your credit will improve is a sure sign you’re working with a credible credit repair service. Some credit repair services keep track of stats for past clients and how their scores have changed over time. You will have to check to see as each credit repair service may be different. Depending on your level of understanding of the statutes and laws governing your credit repair rights, you may want to consider how a credit repair service could help your credit situation.

How Do I Know When A Credit Repair Service Is Right For Me?

Start by figuring out what your time is worth. How long do you think it will take you to get to the point where you understand what all your credit rights are under the law? Some credit repair companies have invested tens of thousands of hours of experience working with the credit bureaus and they know how to get your credit dispute letter past the initial reviewer who is trying to weed out frivolous claims. If you do it yourself, you run the risk of getting your disputes flagged as “frivolous” or getting a 90 day “fraud alert” placed on your account.

Remember, even though your are entitled by law to challenge negative items on your credit report which are incomplete or misleading, the consumer reporting agencies aren’t making any money by helping you, so they are going to make the process as difficult as possible. They will eat you alive if they know you don’t know what you’re doing. If you are going to do it yourself, please do yourself a favor, learn the laws and the in’s and out’s of credit repair before sending that letter.

Check to See if the Credit Repair Service is Reputable

All credit repair services must follow specific guidelines from the Credit Repair Organizations Act (CROA), which is intended to protect consumers and is enforced by the Federal Trade Commission (FTC). In order to completely understand CROA you should consult a credit repair lawyer, but we will cover the highlights. CROA was a piece of legislation passed in response to all the unethical companies using fraudulent actions to get people better  credit. Some credit repair services were scams that took a lump sum of money up front and then disappeared. In order to help clean up the credit repair industry, Congress passed CROA to protect consumers from credit repair scams. No legal credit repair service will charge you any money upfront. No reputable credit repair company that is following the law will advise you to commit fraud by stealing someone’s identity. As we discussed at the top of the page, CROA also requires credit repair agencies not offer guarantees for results, such as promising the consumer a certain credit score or outcome on the credit report.

Our Credit Repair Service Recommendation

When it comes to credit repair services, our top choice is Lexington Law. We feel that a credit repair law firm is going to be your best bet for getting the credit repair service you need. Read our credit repair reviews to get the full scoop on Lexington and other top credit repair services online.

TIP: Known Credit Repair Service Discounts

Lexington Law is now offering $50 off the initial fee when you and your spouse sign up together. The discount will be applied after the second sign-up is complete.