September 22, 2016, 3:56 pm

ARE YOU CONSIDERING CREDIT REPAIR SERVICES: CREDITREPAIR.COM REVIEWS

by: The Financial Blogger    Category: Credit Rating & Credit Bureau
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Credit rules the global economy. This means you must have credit in good standing with lenders and credit card companies. Otherwise, you have to pay exorbitant interest rates on loans and lines of credit. Even worse, you can repeatedly receive denials from lenders and creditors because your credit score falls below the lending threshold.

However, don’t wring your hands if you possess a low credit score. You have the option to work out of the financial abyss yourself or enlist the help of a credit repair service to put you back on sound financial footing.

Do It Yourself Credit Repair

On the Federal Trade Commission (FTC) website, one sentence summarizes the plight of those that require credit repair services: “The fact is there’s no quick fix for creditworthiness.” Credit repair takes time and more important for do it yourselfers, it takes considerable discipline.

Tips for Repairing Your Credit

You have to first notice your credit heading south long before you take action to repair it. If you expect to miss a credit card payment or a payment on a car loan, contact the lender(s) and explain your problem. Most creditors set up a plan to get your credit back on track. Try to send as much money as you can afford and once again, contact the lenders(s) to inform them of the less than minimum monthly payment amount.

Here are some credit repair tips to help you climb out of a financial hole:

  • Maintain low credit card balances (30% or less of available credit)
  • Pay every credit bill before the due date
  • Wipe low balance credit cards clean to reduce the number of cards you own that have balances
  • Automatic withdrawals from bank accounts prevent late credit payments
  • Never move debt around to prolong credit repair
  • Stop applying for loans and credit cards

These tips help you repair If you need cash quickly for a bill you can get a car title loan. Titlemax offers loans that you can apply online and you can get cash in less than a half hour. Moreover, the tips also prevent you from ever requiring credit repair services.

When You’re Sinking in Debt

Sometimes, all of the self-discipline and carefully designed do it yourself credit repair strategies fall short of your credit repair goals. Whenever this happens, you should consider working with a credit repair service, such as creditrepair.com. You must meticulously vet credit repair companies and never do business with companies that have a track record of promising services that never fulfill the promises.

Credit repair services don’t have the legal power to remove negative data from your credit reports. If any credit repair service company claims it can restore your credit by removing negative credit information, immediately contact the Better Business Bureau (BBB).

Authorized under federal law, the Credit Repair Organizations Act mandates three important rules that credit repair service companies must follow:

  • You have three days to withdraw from a credit repair service contract
  • Credit repair companies never accept contract payment, until they full deliver the services spelled out in the contract
  • Credit repair companies must create and abide by the terms of a written, legally binding contract

Creditrepair.com reviews rarely mention that the company violates any of the three indispensable rules that legally bind credit repair companies.

What Stands Out in Creditrepair.com?

Creditrepair.com makes three service claims that myriad reviewers use as the foundation for their reviews. The company works with clients to challenge negative credit report information. In addition to helping you identify negative credit report information, creditrepair.com also makes sure your credit history is current and most important, accurate.

Creditrepair.com reviews also praise the company for monitoring current credit report changes and informing you immediately of the changes. You set up this vital communication tool via email or text message. Finally, the company works with clients to keep healthy credit scores. Creditrepair.com offers several educational tools and a powerful technology guide that provides you with tips on how to remain credit worthy.

Customer Service

Customer service plays an integral role in choosing the right credit repair company. If online reviews and information gleaned from the BBB comes into play, then creditrepair.com ranks high on the customer service scale. It’s not just prompt and friendly customer representative service. You also benefit from customer service representatives that know how to implement successful credit repair strategies. Creditrepair.com reviews often mention the strong educational support they receive from the company website.

Timing and Pricing

The amount of time it takes to see tangible improvements in credit scores varies among the reviewers of Creditrepair.com. Although many reviewers applaud the company for enjoying credit score improvements after only a few months, other reviewers lament the six to 12 month period it takes to notice credit score changes. Several Creditrepair.com reviews discuss the above average cost of the company’s credit repair services.

The Bottom Line on Creditrepair.com

Creditrepair.com scores high in numerous customer review categories, especially for the company’s prompt and knowledgeable customer service representatives. Although not quite a mixed bag, the company receives negative comments about the amount of time it takes to see tangible credit score improvements.

The Better Business Bureau acts as the epicenter for compiling consumer input. For Creditrepair.com reviews, the BBB presents a couple of areas that Creditrepair.com needs to see improvements. The BBB mentions the short time Creditrepair.com has operated, as well as the complaint volume for a company of its size. Remember that the BBB typically acts as a clearinghouse for consumer complaints, not an agency that receives much in the form of positive feedback about any company.

 

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