Looking for good credit repair companies?
There are many reasons to seek out a reputable credit repair company. Maybe you’ve tried to repair your credit yourself and found it’s too time consuming, or maybe you’ve reached a stopping point and don’t know what else to do? I’ll try to give you an overview of what to look for and maybe tell you who you can trust. You must do your own research and be vigilant before paying someone!
Who do you trust when it comes to credit repair companies?:
Unfortunately, it is estimated that fraudulent credit repair companies have scammed people out of millions of dollars in recent years. Consumers have flocked to these “credit doctors” only to find that their ads proved far more impressive than their results.
Many credit repair companies are effective and legitimate. A legitimate business uses the dispute process made possible by the Fair Credit Reporting Act to get results.
Guarantees are a warning sign of a questionable credit repair company. On the other hand, a guarantee whereby the credit repair company promises a refund if certain results are not produced, is a better, more realistic claim and one that can be made in the form of a guarantee.
Be sure to ask exactly what they plan to do for you before you pay.
Some companies charge an hourly rate, some charge per item on your report, some charge a monthly fee, and some charge a combination of these. You must be sure of the end result before committing to any type of contract!
New or old credit repair companies?:
Should you choose a credit repair company that has been in business for years or a new company? They both have their pros and cons.
A new company is one where you are reluctant to hand over your hard-earned money because who knows if they will be there tomorrow? On the other hand, I have found that a company that is just starting out will give you the personalized service that is really hard to find in a company that has been around for years.
An older company is one that can do the job or it would not continue to exist. You may have to wait in line and never get to talk to a real person!
It depends on the individual. Everyone has their preference on those re-guards, but keep in mind that anyone can take your money whether he’s been doing it for days or years!
My personal picks for good credit repair companies:
Well, it’s hard to say anything bad about companies I haven’t personally dealt with. You can look up reviews of any company that has been around for a while and make your own decision based on that. I will tell you that I have used one and I know first hand that they give the best service and are aware of their work. They told me exactly what to expect from them and they stayed true to their word. So, in the category of best credit repair companies, my favorite would have to be… http://www.raisemycreditrepair.com