Credit Repair Companies – Weeding Through the Good, The Bad, and The Ugly
This article deals with an incredibly important topic: how to choose the right credit repair agency.
The Validity of Credit Repair Agencies
Do you really need a credit repair agency to help you overcome your debt worries and boost your credit score? In a word – yes. We don’t say this because we ourselves are in the same vertical, we say this because an agency can make a genuine contribution to easing your financial troubles.
The one thing that you need to know, and perhaps the most important, is that these agencies cannot improve your score overnight or erase your debt. What they can do is help you to make better financial decisions that will lift your score.
How to Choose a Credit Repair Agency
Do not be surprised if you come across an agency that promises to improve your score with absolute certainty. Do not trust a company that promises this without a warning. Unfortunately, there are a few agencies that give the industry a bad reputation by promising unrealistic outcomes.
If you have a poor credit score and are looking for a reliable credit repair service, here are a few things to look out for:
- The Ugly
If any agency asks for money upfront, avoid them like you would the
plague. The same holds true for any enterprise that claims that they can fix every item on your report and boost your score. If an item is fair and verifiable, no agency can question it by law. This should be your first warning sign.
- The Bad
Then there are agencies who will bait you with attention-grabbing promises like: “We will fix your score in 30 days or less.” You should know that it takes at least 30 days for the credit bureaus to investigate any disputes. Avoid such agencies. Another warning sign to look out for is if a credit repair agency offers a money-back guarantee. All agencies are required by law to charge you only if their service works.
- The Good
These are the creditable, responsible agencies that strive to make your situation better. They do not charge upfront, they return your money if your score doesn’t improve, and they will fix any erroneous items in the proper, legal manner. These are the agencies you should definitely work with.
When it comes to your finances and your identity, you should invest in companies that are viable, compliant, trustworthy, and experienced. It’s crucial to research credit repair companies before you provide all of your personal information and pay for services.
If you’re interested in effective, compliant credit repair, look no further than Action Credit Repair. Our experts will provide personalized credit consultation, an audit of your credit history, and offer solutions to all of your credit obstacles. Contact us today to speak with an experienced professional: Call 518-945-2299 or email [email protected].