You know you need your credit repaired but don’t know where to start. So many companies are claiming to be the “best”, yet half of them are scams. What is it about the top credit repair agencies that get a lot of positive high reviews and high ratings that make them stand out?
For starters, it helps to understand what exactly “credit repair” is. It is the process of having negative information eliminated from a credit report in an effort to “clean” it up and increase the score. Since scores don’t increase overnight, the process can take a long time, from 3 months to an entire year. There is never any true way of knowing exactly when a score will go up and by how many points. The top credit repair agencies will be honest about this and won’t try to make any specific guarantees.
What exactly do these kinds of firms do? They will use legal processes to eliminate negative information from your report, which will involve working with the credit bureaus and lenders on your behalf. However, they can only do so much. Not everything can be removed – especially if it is legitimate. They will work to have false information and mistakes removed, and maybe come to some sort of agreement to have questionable items removed.
Now that you have an understanding of how credit repair organizations work, you can begin looking for one that will best represent your interests. It helps to read up on the Credit Repair Organization Act so that you’ll know your rights. This Act includes strict laws that all of the top credit repair agencies abide by. For example, the CROA strictly forbids upfront payments. Any agency that tries to charge you upfront is to be avoided.
Top Credit Repair Agencies Should Let You Cancel
You should also be able to cancel easily anytime you wish. The pricing should be listed clearly on the website. In addition to the monthly payment, any other fees should be listed clearly as well.
Since credit repair isn’t the right option or everybody – especially if the negative information on your reports is legitimate, an honest credit repair firm will give you a free consultation and let you know if there really is anything they can do to help. During the consultation a representative will help you understand the service, listen to your current financial situation, and help you decide on the path for improving your credit.
Which of the top credit repair agencies should you start with? Going by Lexington Law reviews, it is definitely up there near the top of the list. This firm makes it easy to explore your options and does not try to draw you in through misleading promises. Your initial consultation is 100% free.