Building credit can feel challenging, especially if you’re starting with a low score or no credit history. While your current score may give you fewer options than someone with an excellent score, it doesn’t mean you’re out of luck. Knowing your score — and what’s in your credit reports — gives you a baseline to work from. We will outline our services in the simplest way possible to help you understand how we can represent you to the credit bureaus. We will explain the strategy that we will do, what you should expect, and how you are going to benefit from our services.

What Can Credit Repair Services Do?

Before engaging in credit repair, we provide free consultation on your credit situation. Upon getting started with us, we design a full-proof strategy for the success of your credit repair campaign. Partners are not able to review or request changes to our content except for compliance reasons. Financial products are highly regulated so we work closely with partners to make sure the information we have on our site is accurate and includes any required legal language and disclaimers. The credit card offers that appear on this site are from companies from which FinanceBuzz receives compensation such as banks or CardRatings.com.

How Can I Repair My Credit On My Own?

We’ve helped thousands of people in your position, and we can do the same for you. You start by pulling your credit reports from all three bureaus—Equifax, Experian, and TransUnion. Then you review them for mistakes, late payments, collections, or anything that doesn’t look right. If you find errors, you can file disputes with the credit bureaus to have them corrected or removed.

Credit Repair is the process when you dispute accounts on your credit report that may not be accurate or valid, and have the accounts removed or updated on your credit reports. Credit Repair is extremely effective for so many people and can help you save thousands in unnecessary interest payments and fees. What you don’t deserve is to be penalized for years and years because of inaccuracies and other errors on your credit report. These issues don’t have to hold you back forever, and the debt that comes along with those mistakes doesn’t have to be scary and stressful. Every month we help clients remove errors from their credit report so they can get the job, car, house, loans, and credit cards they need to get on with their life. Each credit repair company has its own process, but their approaches are similar.

By monitoring your credit regularly, you can detect and address concerns before they metastasize. You can achieve a basic level of credit monitoring by requesting free credit reports from AnnualCreditReport.com. Credit repair is a service that works to improve your credit score by disputing inaccuracies on your credit report and negotiating with creditors. The Credit Pros’ lowest-level Money Management plan doesn’t include credit repair. For that, you need either the Prosperity plan, which requires a $119 monthly fee and $119 first work fee, or the Success Plus, which requires a $149 monthly fee and $149 first work fee. Unless you’re also planning to apply for a credit builder loan, the Prosperity plan should suffice.

Lower Interest Rates

Also, as time goes by, the late payment’s impact on your credit score lessens, especially if you continue paying your bills on time. The credit repair industry is regulated by the Credit Repair Organizations Act. This law prohibits false or distorted claims and requires companies to provide you with information on their services.

A real credit repair company will never charge upfront, and they must give you a written contract with a three-day cancellation window under the Credit Repair Organizations Act. Paying a collection without confirming it’s valid can restart the clock on how long it stays on your credit report. Use the card for small purchases and pay it off in full every month. If you’re maxed out, start by paying down cards with the highest balances or highest interest rates. If it’s recent or actively affecting your credit score, then paying it may help—but only under the right terms. Once the credit bureau completes its investigation, they must update your credit report if the information can’t be verified.

When it comes to claims about what they can do, you should never simply take credit repair companies’ word for it. The Consumer Financial Protection Bureau (CFPB) offers an online database you can use to search for complaints, but keep in mind that these only get posted if the company responds. You can also search for public complaints on the Better Business Bureau, as well as with the attorney general and corporate commission offices where the company is headquartered and in your state.

Impeccable is able to accommodate clients from all around the world with two physical locations. 📞 Call today for your free credit consultation and start working with Dallas credit experts who understand your challenges and deliver real solutions. Some of my clients own homes because of the work MyCreditGroup has done.

We are not a debt consolidation agency; we are a credit repair company. While some credit repair agencies may handle debt consolidation, our company focuses on credit services rather than debt consolidation. Paying debts off, credit cards, or other debts, on your credit report does NOT guarantee the account will then be deleted or removed from your credit history. When you partner with The Phenix Group, a legally compliant Houston credit repair company, boosting your credit score is a simple, achievable goal. By first obtaining your credit reports from the three main reporting agencies, Equifax, Experian, and TransUnion, our credit-savvy analysts are able to identify any inaccuracies that are on your report. We are so passionate about improving lifestyles, that once we increase your credit score, our credit services will give you the tools needed to set up your financial future for success.

“While it’s important to try to repair your credit, don’t overlook active collections accounts and underlying debt that is likely the root cause of the credit problems.” You may obtain a copy of the application for registering your credit services organization, and read a copy of the law to learn important information on additional requirements, by clicking the links below. By not assuming anything, we can get to the bottom of every item listed on your credit report.

Lexington Law has a deep and detailed information section on its website. These resources are available to everyone, not just clients, and they are a great source of information for anyone considering credit repair. We had some doubts about including Lexington Law in this roundup. The Company was sued by the Consumer Financial Protection Bureau in 2019 for alleged illegal fees and sales practices. They also recently settled a class action suit over alleged illegal telemarketing practices.