Credit Repair Companies: What You Should Know
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Credit counseling is a free service for anyone struggling with debt who wants to know more about their options. Some good options include the National Foundation for Credit Counseling and the Financial Counseling Association of America. You can also check the Justice Department website, where you can find a list of approved credit counseling services in every state. Did you notice that the intervention of a credit repair company isn’t mentioned? Get creditrepair from a personalized relationship offering no everyday banking fees, priority service from a dedicated team and special perks and benefits.
Then we show you clear, personalized steps to move forward – whether it’s building new credit activity or cleaning up what’s already there. If you decide that you want to hire a company to leverage EVERY consumer protection law available and use EVERY tool in the credit repair toolbox… we’re here to help. If that’s all you’re looking for you can find hundreds of other credit repair companies to do just that.
How Do Credit Repair Companies Work?
We also considered any additional features these credit repair companies provide, such as credit monitoring and identity theft protection services. However, you can get cheaper, higher-quality services elsewhere. Check out our guides to the best credit monitoring and best identity theft protection services. It can be worth paying for credit repair companies if you have significant inaccuracies on your credit report and need professional help to resolve them.
Financial Stability
Paying a collection without confirming it’s valid can restart the clock on how long it stays on your credit report. Use the card for small purchases and pay it off in full every month. Secured credit cards work like regular cards, but they require a deposit upfront—usually $200 to $500. If it’s recent or actively affecting your credit score, then paying it may help—but only under the right terms.
For that, you need either the Prosperity plan, which requires a $119 monthly fee and $119 first work fee, or the Success Plus, which requires a $149 monthly fee and $149 first work fee. Unless you’re also planning to apply for a credit builder loan, the Prosperity plan should suffice. Our intelligent prioritization system focuses on the most impactful items first for faster outcomes, while account preservation ensures your positive credit history remains intact. Use the progress tracker dashboard to view dispute updates, score trends, and more at a glance.
Whether you have good or bad credit is based on your credit history. Find out what your credit history looks like by checking your credit report. Your credit report has information about whether you pay your bills on time, what loans and credit cards you have (and the amounts you owe), and whether you’ve filed for bankruptcy.