Access to credit is necessary for major purchases such as a car or home and being turned down for a credit card or loan because of a bad credit score can be devastating. In addition, a poor credit score can end up costing you thousands of dollars in higher interest rate payments.
While there are steps that you can take to address issues with your credit, in certain cases you may need help from a professional. There are many credit repair companies out there but it is important that you pick the right one for your situation. CreditRepair.com is one of the leaders in the industry and has a long track record of helping individuals repair their credit.
How Does CreditRepair.com's Service Work?
After you create an account, $14.95 for a credit report and $99.95 per month, a team of credit repair experts will work with you to come up with a plan to repair your credit. How do they do this? By using a three-pronged approach, Check, Challenge, and Change.
STEP 1 – CHECK
After setting up your account, your credit repair representative will pull your credit report and, in consultation with you, immediately begin analyzing it for any issues or errors. This process may include identifying the presence of inaccurate information, liens or judgments, and late payments or bankruptcies.
STEP 2 – CHALLENGE
After identifying any issues that need to be addressed, they will contact creditors on your behalf, challenge disputed items, and communicate results to credit bureaus.
STEP 3 – CHANGE
It's easy to stay informed about the progress on disputed items with tools such as a personal online dashboard, mobile apps, text and email alerts, and score tracker. The dashboard provides you with the following information:
- past and present credit reports
- credit alert notifications that require your action
- status center that shows each disputed credit item, results of dispute negotiations, details about items removed and credit bureau status.
- a visual score advisor that breaks down credit score components and offers suggestions for improvement.
What Results Can I Expect?
Previous CreditRepair.com members have seen an average of 11.6 removals in 4 months across the three major credit reporting agencies. In addition, past members have seen their TU credit score improve by 70 points over one year. Some members did not achieve these results and CreditRepair.com makes no guarantee that you will see similar results. Whether you choose to work with a credit repair professional or not, overall improvements to credit score are tied to paying bills on time, keeping balances low, having appropriate types of credit, and limiting credit inquiries.