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Are Credit Repair Companies Legitimate or Nah?

When it comes to credit repair, there are many professional credit repair organizations willing to help you with restoring your credit. Repairing your credit takes time and it can be overwhelming when you try to do it on your own. Unfortunately, like other industries, you have some companies that may not be legitimate or trustworthy. In this article, we will discuss a few details on how to find a company that is right for you.

There are many companies online and locally that offer to solve your financial needs. They provide credit repair services that promise to help you fix your credit. but how do you find the right one?

The first thing you should know is what credit repair companies can and cannot do. A credit repair company is an organization that offers to improve your credit in exchange for a fee. Credit repair companies are different from credit counseling services. They offer to do the hard work for you, help you dispute and remove inaccurate information from your credit report, work with you to assess where your credit is and where you want it to be, help you set goals, motivate you to achieve those goals, and may recommend certain things you can do to add positive credit history.

They can't do anything for you that you couldn't do on your own. However, working with a credit repair company can ease some of the frustrations you may have during your credit restoration process. They can provide you with knowledge and understanding letters you may receive and provide you with guidance and additional services that may be more expensive if you were to purchase separately.

For example, We offer two no contract needed plans, the first option is our credit repair program for $89 a month and includes 12 additional services, such as credit monitoring, will and trust, 24-7 access to a credit attorney, and more. It is a one-time $99 charge for the application. For only $188 you can start your journey to becoming financially healthy. Plus, you are giving back to the community because $3 of the monthly fee is donated to our children’s youth financial program.

The second option is our credit academy. There is a one-time fee of $47. This option does not include any of the 12 additional services. This was created for the client that does not need the additional services, wants to save money, or simply wants to fix their own credit. You will have access to a step by step roadmap, How to DIY Credit Repair training videos, financial management tools, access to our social media private group, and powerful letters ( Good Will, Debt Validation, Debt Settlement Letters and etc…), to get started in repairing your credit. Whichever plan you choose we take the guesswork out of it for you.

Beware of scam credit repair companies that make promises they cannot fulfill and often demand a large amount of money upfront. For example, A company charges you $500 to start the process but has nothing to offer upfront. You are waiting for the results. They will make outrageous claims in their advertisements such as they have the ability to completely erase bad financial records, create a new credit identity for you, and even erase bankruptcies that are on your credit record. Most legitimate companies will charge you from $19- $150 a month. They may recommend you stay in their program for 6-12 months or longer for best results.

As in everything else, do your research. Credit repair can be done on your own but it can take a long time to get the results you desire. It can be difficult to do it on your own and may be in your best interest to have help from a reputable company. Read the small print, know your rights, and ask questions. If you are uncomfortable or they do not want to answer your questions then that could be a red flag. Check and review the results of their clients. Credit repair is not a ONE SIZE FITS ALL, so be careful of the feedback you choose to believe.

If you liked this article and would love to learn more text INFOPLZ to 31996 to be notified when we go live, drop new information, and offer freebies.

Ready to start saving and creating a plan that works on becoming debt-free? Join countless others on a journey to becoming debt-free with our FREE email course .

Free Consultation for Credit Restoration call or text now 4704071026.

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