Even if you have enough knowledge about the credit reporting agencies to be able to successfully repair your credit, the process can still be complicated and time consuming. This is the reason why many people prefer to seek help from a reputable credit repair company. Plus, the fact that you won’t have to pay anything up front makes purchasing this type of service smart.
If you’re concerned about scams, simply familiarize yourself with the laws related to the credit repair industry and learn what red flags to look out for. For example, any company that asks for money up front is definitely a scam. You should always get a FREE consultation FIRST. Also, if a company tries to offer you specific guarantees, like “INCREASE YOUR CREDIT SCORE BY 100 POINTS IN JUST 2 MONTHS!”, it is most likely a scam, as there is no way of knowing how to do it. exactly your credit will be affected and how/if your score goes up.
What an honest company will do is first give you a free consultation to let you know if there is really anything they can do for your case. If they can help you, they will let you know what steps they will take and what you will need to do for yourself. You may have to pay a fee for the company to obtain your credit report; this is not unusual. You should be provided with a paralegal who will work with you every step of the way.
What else will a reputable credit repair company do?
A reputable credit repair company will follow up with you and the credit bureaus on an ongoing basis. Communication is very important when it comes to this type of service. Also, a good credit repair service will be 100% dedicated to helping you and won’t back down or turn off the credit bureaus. You’ll want someone to fight for you and will do everything legally possible to have negative items removed from your reports through a variety of methods, such as writing effective dispute errors and negotiating with bureaus and creditors.
Choose a company that doesn’t charge you until it has started working for you and you can see evidence that it is doing its job as promised. One such reliable credit repair company is Lexington Law. It offers services in several states and has a very high reputation. You can call 1-800 or register online for a free consultation.