top 4 Best Credit Repair companies
You can repair your credit in two ways. You can hire the services of a professional credit repair agency or do it yourself. If you decide to hire a repair company, you will need to decide which one to choose. This article focuses on the best credit repair companies.
These companies were chosen based on the services they offer and the customer reviews about them.
- Lexington Law
You cannot make a list of the best repair companies without mentioning Lexington Law. This company has managed to build a good reputation throughout their 14 years of operation. They have built a strong customer base due to their numerous success stories. This firm offers free credit consultation services to their customers. Lexington Law has a three-tier pricing system for customers. The first one is called the Concord Standard. This service costs $89.95 per month, and the agency will correct errors on your credit report. They will also send letters to your agency and look in your credit report to identify how to improve your credit score. You can also upgrade to the Concord Premier to enjoy all these services and more. The Concord Premier costs $109.95 per month, and members get credit monitoring services and credit score improvement analysis. The third package which is the Premier Plus allows customers to enjoy all the above services as well as identity fraud alerts. You will also receive personal finance tools to help you manage your finances. The PremierPlus costs $129.95 per month. Lexington Law also has a package that offers all the basic credit repair services at a more affordable price. This plan is called the Lex OnTrack and it costs $24.95 per month. This offer is for people who cannot afford the least option available. If you decide to choose this option, you will need to call their customer service for them to walk you through the process. Lexington Law offers great customer service. Their customer service representatives are reliable and professional. Another thing that makes this credit repair company a top notch one is the professionals on their staff team. Their staff is made up of 22 lawyers and 400 paralegals. This makes it easier for this firm to solve legal issues since everything can be done in-house. There is no risk in signing up for their services because they will not tie you down with a contract. Since you make payments monthly, you can decide when to stop the process if you are dissatisfied with their service. Lexington Law is highly rated by rating firms. The firm has an A- rating from the Better Business Bureau.
- Sky Blue Credit Repair
Sky Blue is worth mentioning due to the reliability of their service. Although this firm does not charge much, their services are exceptional. Sky Blue charges only $69 per month and they offer all the services you will expect from a good credit repair company. Sky Blue will review your credit report for errors. They will dispute all errors on your credit report and this will help to improve your credit score. They will also send letters to your customers. This agency will also look for legal means to improve your report. When you hire a company you will want to deal with a reliable customer service team. Sky Blue credit repair does not offer you’re a reliable customer service, their representatives are professional and they can help you to sort out issues concerning your credit score. You can reach them by phone, email, and online chat. Sky Blue has won many clients over with their ‘pause’ service feature. With this feature, you can pause your subscription when you cannot afford the fee. You can resume when you ready to pay. This agency will also offer you a refund if you are dissatisfied with their service after using it for 90 days. When you decide to cancel their service, you will only pay for the services that they have offered to you. Sky Blue credit repair has a simple sign up process and you can sign up on their website in minutes. This agency has an A+ rating from the Better Business Bureau.
CreditRepair.Com is one of the well-known credit repair agencies in The United States. This is partly attributed to its name. However, they have also gained a good reputation in the industry due to the quality of their services. This firm offers its customers sleek and easy to use user interface. With this interface, you can track the progress made on your credit. Apart from the basic services such as disputing errors, sending letters to lenders, and improving your credit report, this agency also offers extra services such as identity theft protection and credit monitoring.If you are looking for an all-in-one package at an affordable price, the package from this firm is ideal for you. With CreditRepair.Com, you can terminate your subscription at any time. They do not tie you down with a contract. When you cancel your subscription, you will not pay any extra fees. You will only pay for the services they have offered to you. This agency has been repairing credit for over 21 years now and this has helped them to handle different credit repair problems. Your credit repair issues will not be new to them since they have done it before. This firm is also highly rated by credit repair rating firms. They have an A+ rating from the Better Business Bureau. Their customer service has also managed to keep most of the customers who contact them satisfied. Their customer service is accessible through phone calls, emails, and online chat. This agency offers their services at $99.95 per month. Their sign up process is simple as well. You will not spend a lot of time completing complex forms. If you have problems signing up online, you can call them to walk you through the process.
- The Credit People
The Credit People have several success stories across the country. They have a trial process that costs $19 for 7 years. When you try this feature and do not like it, you can decide not to sign up for their full service. If you are satisfied with the trial process, you can decide to sign up for their service at $69 per month. You can also pay a lump sum of $299 per month for a six- month service. Even if you pay the lump sum, and you want to cancel your subscription, this repair agency will let you do that easily. They will refund the rest of the cash to you. You can end your subscription at any time if you are not satisfied with their service. They will refund the entire amount to you when you cancel your subscription.The Credit People offer all the services you expect a credit repair company to offer. They look for legal loopholes on your credit report and they capitalize on them to improve your credit report. They also review your credit report and file disputes for the errors they have identified. They have earned an A+ rating from the Better Business Bureau. They have a reliable customer service that is easily accessible. You can reach them through calls, emails, and online chat. The Credit People are available via a phone call from 8 am to 5 pm daily. However, you can reach them via email at all times. They will reply to your email in no time.
- Pyramid Credit Repair
This credit repair agency does not charge a setup fee. You can subscribe when your fee is not ready. The good news is that this agency dedicates an account manager to you. This manager will take care of everything concerning your account. The account manager will assist you through the entire process. If you have any issues concerning the process, the account manager will address them for you. The good thing about having a dedicated account manager is that you do not need to explain your case anytime you call. Your representative already knows everything about your process. The agency reviews your credit report. When they spot errors on your report, they will file disputes on your behalf. They will also look for legal loopholes on your credit report and capitalize on them to improve your credit score. They also send letters to your lenders. Pyramid Credit Repair charges $99 per month and $198 per month for couples. Couples get to enjoy 50% for the first month. This agency also has paralegals on its team just like Lexington Law. This in-house legal team will sort out all your legal issues without any problem. If you are not satisfied with this agency’s services, they will offer you a full refund.
Why Do You need to Repair your Credit Score?
Your credit score plays a very important role in your financial health. When you apply for a loan, lenders will look at your credit score. Your credit score will determine your creditworthiness.
If you have a low credit score, it suggests that you are not creditworthy. The lender will not be confident about your ability to repay your loan if you have a poor credit score. Some people do not even know that they have bad credit scores until they have been denied credit.
A bad credit score makes you spend more on interest rates. Lenders charge higher rates for people with poor credit. This is because lenders think that it is riskier to lend cash to people with poor credit.
Since people want to access credit at low rates, they will decide to repair their credit. Another thing is that low credit scores decide sometimes decides the insurance premium you will need to pay. When you have a low credit score, you may need to pay a higher insurance premium.
This means that a good credit saves you cash at some point. There are also times that you may be unable to access loans due to your poor credit. All these are reasons why you need to repair your credit.
3 Reasons Why You Should Hire a Credit Repair Company
If you decide to repair your credit, you can choose to do it yourself or hire a credit repair company. Here are reasons why you should opt for a credit repair company.
Repairing credit takes time. You will need to dispute errors in your report, follow up on investigations when the agency does not respond to your dispute after 45 days. You will also negotiate with credit reporting agencies on removing items from your report. All these take time and if you want to repair your credit faster, it will be better to get the services of a professional credit repair agency.
- Expertise and Experience
Although repairing credit may not be a complex process, it is not something you do every day. You do not have the experience to repair your credit easily. If you are someone who does not want to do a “trial and error” kind of credit repair, it is better to get the services of a professional credit repair. With agencies, that have dealt with several credit repair issues, they will know exactly what to do about your score. Credit repair agencies also have professionals on their teams to handle most of the issues that arise during credit repair processes. For instance, some agencies have in-house lawyers who handle all legal issues.
- Additional Services
Most credit repair agencies offer extra services such as credit monitoring services, credit score analysis, and identity theft protection. Credit repair agencies also educate customers on how to maintain a good credit score. You cannot have access to all these services if you do it yourself.
Rudi is a credit analyst who writes articles about credit scores, building credit, and consolidating debt. His know-how on poor credit and credit unions make his input invaluable to our company. There is no credit score out there that Rudi can’t help with.