Are you considering hiring a company to help you fix your credit? You don't need to hire a company to help you fix your credit.
Credit repaircompanies charge substantial fees for challenging information in your credit report on your behalf, but you can challenge inaccurate information quickly and easily and for free using Experian's online Dispute Center. You can also file disputes by phone or by mail. Building and maintaining a good credit rating keeps your opportunities open.
As tempting as it may be to pay someone to repair the damage, you are your best resource. In short, no one can legally remove accurate and timely negative information from a credit report, and anything that a credit repair clinic can legally do for you, you can do it yourself at little or no cost. You can take care of the credit repair process yourself or hire a professional credit repair company to guide you. As the Federal Trade Commission explains, there's nothing a credit repair company can do for you that you can't do for yourself.
The reason you might want to hire one is if you don't feel comfortable with the process or don't want to spend so much time following it to the end. Ovation Credit Services has been in business for 45 years and has built a reputation of trust and supportive customer service. It helps its customers improve and repair their credit scores through two cost-effective packages. If you don't know which package is right for you, Ovation Credit Services offers a free consultation to guide you.
You'll have access to their discounts and their risk-free refund policy regardless of the package you choose. It offers discounts for couples, seniors, members of the military and referrals, in addition to a refund policy that states that, during any month, if Ovation Credit Services does not “provide the agreed services, we will not charge you the monthly fees for that month.” While there are legitimate credit repair companies, the countryside is also fertile territory for fraudsters. When comparing credit repair companies, look for one that is reliable, effective, affordable and has good customer service. Lexington Law has been in operation for more than 15 years, making it one of the most reliable credit repair companies.
While many companies announce how many negative entries they have eliminated, there are no reliable statistics that demonstrate the effectiveness of credit repair companies. These companies generally offer to review your credit reports and address any negative elements they can with the credit bureaus on their behalf. Unlike other credit repair companies on this list, there's no need to upgrade the more expensive packages. We analyzed 13 popular credit repair companies based on 19 data points in the categories of stability, reputation and customer satisfaction, customer experience, services, and costs and fees.
However, if you hire a credit repair company to help you, you'll have to pay fees, which can vary a lot. When it comes to fixing your credit score, it's important to understand all of your options before making a decision. You can take care of the process yourself or hire a professional company to guide you through it. Before hiring any company, make sure they are reliable and have good customer service.
Additionally, compare different packages offered by different companies so that you get the best deal possible.