It’s easy to understand a credit card bill accidentally left unpaid or perhaps, during the global pandemic COVID-19, the money just isn’t there. If that bill gets turned over to a collections agency, things can go downhill quickly.
This harms your chances of qualifying for low-interest rates on any future loans. Trying to fix bad credit history isn’t easy. The credit repair process can be extremely stressful.
If you start searching for credit repair services or credit reporting companies, you’ll find an overwhelming amount of options all promising to fix your credit situation, a lot of them scams.
Most credit repair organizations if not all promise amazing results in no time. Actually finding someone who fulfills their promises is a little harder, and this is where CreditRepair.com comes into play.
They offer a comprehensive, effective service at an affordable monthly fee, even a free consultation to get started.
Table of Contents:
Who Is CreditRepair.com?
CreditRepair.com is a site with a strong and established reputation as being among the best credit repair companies to pull positive results. They’ve earned glowing testimonials and positive customer reviews both their results and on their customer support. Trustpilot gave them 4.4. stars out of 5 but they are accredited by the BBB.
Details about the company’s origins are somewhat scarce, but we have been able to deduce that they were established in 2012, and are based in Seattle, Washington.
Their primary goal is to help through credit repair as well as credit counseling empower individual customers to overcome their credit issues, clean up their files, acquire debt solutions and improve their scores–finally achieving good credit.
It is the first step in re-establishing financial independence and strength and is a great way to feel more in control.
CreditRepair.com’s services aim to help individuals raise their scores and provide them with the tools they need to make a real difference in their financial freedom and future.
How Does CreditRepair.com Work?
The site works by removing negative additions, inaccuracies, and disputes from your credit file. Creditrepair.com even offers a free credit consultation.
After paying the initial set up fee on their website and committing to a recurring monthly cost, they will access your credit report summary as reported by the three credit bureaus. They will then scan your Experian, Equifax, and Transunion credit scores, searching for any discrepancies.
Once a game plan is in motion, they use their credit monitoring skills and experience to flag any reports or inclusions that could be considered invalid, inaccurate, or unfair.
These factors can be harmful to your credit score, and taking action to remove them is the first step in helping you access a better financial future.
CreditRepair.com will do this by contacting the three major credit bureaus, as well as any credit companies that may be listed, and challenging these negative items. They will also go one step further and verify that your credit report has changed after these items are gone.
They have knowledge and experience with a range of legalities and consumer credit rules. Because of this, they are in a strong position to help you clean up your credit report and ensure that every entry is accurate.
Customers will also be kept informed at every stage with access to a personal online dashboard. It tracks your progress clearly, offers text and email alerts, mobile apps for both iOS and android devices, and a credit score tracker/analysis tool.
What Can Be Removed By CreditRepair.com?
Here are just a few examples of the items which can be removed to help reverse the negative status of your credit file:
- Out-of-date Additions – all items must be under seven years old to show up
- Late Payments
- Charge Offs
These are just a few examples of the items which should not be impacting your credit.
If they are present, CreditReview.com will intervene on your behalf, contacting the relevant parties to get them removed and your credit improved in no time.
What Does CreditRepair.com Cost?
One of the most significant benefits of CreditRepair.com’s website is the super simple pricing system.
As of 1/6/21, the basic rate is just $99.95 per month for the services, with an initial one-time charge of $14.99 to pull your credit report from the bureaus.
You always know exactly where you are, and there are no nasty surprises or hidden charges.
They do however state in the faq, they do not offer a money-back guarantee
What Are The Advantages of CreditRepair.com?
Signing up with a credit repair company can seem like a big step.
However, it can be a very sensible first move in you getting a handle on your finances and taking back control.
It is vital that companies and creditors are challenged when they hold incorrect data, and you have every right to have that information removed.
Some of the advantages of CreditRepair.com include:
A Strong Reputation
Reputation is a hugely important factor when you are picking a credit repair company.
There are an awful lot of charlatans out there who are more than willing to take advantage of vulnerable customers, charging a fortune for services which are not necessary.
CreditReapair.com, however, seems to have a solid and established reputation, with almost universally positive reviews.
A Simple, Straightforward and Efficient Process
Some credit repair companies can have overly complicated processes which take a long time and are hard for the customer to get their heads around.
CreditReapir.com offers a simple 3-step process – Check, Challenge, Change.
It is simple for members to see what needs to be done, and makes the challenge of a little more achievable and straightforward.
In addition to helping you make important decisions and identifying errors in your file, CreditRepair.com offers so much more.
They are also dedicated to helping you understand more about debt, credit improvement, loans, savings, identity theft, and a host of other financial topics.
Understanding the different ways that credit can affect your life is an important part of keeping it under control.
All of this information and more is freely available on the site, which is a hugely valuable resource for consumers.
Another advantage to the site is that it can save you precious time and money – both attributes of which we would all like more.
Rather than having to painstakingly go through your file, find the errors contained within, and contact each creditor yourself, you can hand over your report to experienced professionals.
You can then allow them to take the reins.
What Are The Disadvantages of CreditRepair.com?
Though there are many pros to the site, in the nature of responsible reviewing, we must also consider the disadvantages.
The lack of information on the website is a slight concern. However, there are so many positive reviews and feedback, which helps to offset this.
After reading the disadvantages, you are entitled to an annual free credit report, allowing you to call the collections agencies to begin the disputing process. Some of the disadvantages include:
Lack of Clarity
The website offers the services of experts but does not provide any more information about who they may be, or the qualifications they have to advise and help you. There is no evidence to suggest that the people you are paying are any more qualified than you are to carry out the tasks.
Another issue with the site is that they do not enjoy any accreditation with the Better Business Bureau. Accreditation helps to verify companies and sites, and it is often held as a badge of honor by those who manage to make the cut.
May Not Be Needed
One of the main concerns with any company of this nature is their validity. There is a feeling that you are spending money on something you could achieve yourself.
While the convenience offered by an external provider is reassuring, it is not strictly necessary for clearing your credit and improving your credit score. Though doing it by yourself can take a little longer to achieve effectively.
Is CreditRepair.com Right For You?
Finding the best credit repair agency can be confusing. There is a vast range of companies like Lexington Law and Credit Saint, all claiming to offer the cheapest, fastest, and most convenient service.
CreditRepair.com does have some good reviews and a lot of positive feedback, but their lack of official accreditation is a slight concern.
This is especially when there are a variety of other companies and options available that do have long lists of licenses and official reviews.