Even if you have enough knowledge about the credit reporting agencies that you might be able to successfully repair your credit, the process could still be complicated and take a long time. This is the reason why so many people would rather seek help from a trusted credit repair company. Plus, the fact that you won’t have to pay anything upfront anyway makes acquiring this kind of service a smart thing to do.
If you’re concerned about scams, just acquaint yourself with the laws regarding the credit repair industry and know which red flags to watch out for. For instance, any company asking for money upfront is definitely a scam. You should always be given a FREE consultation FIRST. Also, if a company tries to make any specific guarantees to you, such as “RAISE YOUR CREDIT SCORE 100 POINTS IN JUST 2 MONTHS!”, there is a good chance that it is probably a scam, since there is no way of knowing how exactly your credit will be affected and how / if the score goes up.
What an honest company will do is first give you a free consultation to let you know if there is anything they can actually do for your case. If they can help you, then they will let you know what steps they will take and what you’ll need to do on your end. You might be required to pay a fee for the company to pull your credit report – this isn’t unusual. You should be provided with a paralegal who will work with you every step of the way.
What Else Will a Trusted Credit Repair Company Do
A trusted credit repair company will consistently follow up with both the credit bureaus and you. Communication is very important when it comes to this kind of service. Also, a good credit repair service will be 100% dedicated to helping you and won’t back down or feel discouraged from the credit bureaus. You’ll want someone to actually fight for you, and will do everything legally possible to have negative items removed off your reports through a variety of methods, such as writing effective dispute errors and negotiating with the bureaus and creditors.
Choose a company that won’t charge you until they’ve begun working for you and you can see evidence that they are doing their job as promised. One such trusted credit repair company is Lexington Law. It offers services in several states and has a very high reputation. You can call the 1-800 number or sign up online to get a free consultation.