Credit repair companies can be an incredible ally in fixing your credit and getting your finances on track. Your credit score tells banks and investors how responsible you’ve been with your financial obligations. It’s essentially like the adult version of a GPA (grade point average), which informs universities how seriously high schoolers take their studies.
Credit Score and Credit Repair
Just like a GPA, you want your credit score to be as high as possible. After all, the higher your score, the more likely banks are to give you loans or investors are to invest in you or your business ideas. A higher credit score communicates to the financial world that you take your financial obligations seriously. In terms of securing loans and other types of credit, it will make your life much easier. But if you find that your credit has taken a turn for the worse, fear not: Credit repair companies can help.
What Is Credit Repair?
Credit repair is a process available to anyone with a bad credit score who wants to improve it. Many services can help individuals who need to improve their credit status. Credit repair involves reviewing an individual’s credit report and taking the appropriate remedial steps needed — such as disputing errors in the report, negotiating with creditors directly, or using specialized services with proven track records.
With improved access to lenders comes perks like lower interest rates and fees that ultimately translate into bigger savings on important purchases and investments. So if you’re looking for options when it comes to improving your financial situation, have a look into what credit repair has to offer.
Let’s review the top seven credit repair companies that can assist you in improving your credit score.
What Are the 7 Top Credit Repair Companies?
1. Credit Saint Credit Restoration
Credit Saint has quickly risen to the top in the field of credit repair services. The company offers a comprehensive suite of tools that can help you take charge of your financial future and establish a healthier credit score. Credit Saint’s fees are higher than the industry average, but it is still quite affordable for the quality of services rendered. It has a 90-day money-back guarantee policy, which ensures customers are satisfied with the process and results.
Additionally, Credit Saint’s customer support is highly rated as both friendly and knowledgeable, meaning your questions will be answered and you will be provided guidance throughout the entire process.
2. Lexington Law Credit Repair
Lexington Law Credit Repair can help you repair your credit score and take your financial future into your own hands. It offers customized credit correction plans to fix errors on your report that could be dragging down your credit score. Plus, it provides continuing support to answer any questions and provide up-to-date advice after the repair process is finished. Lexington Law’s personable team works with customers to set realistic goals that are tailored to their needs, so you can trust them to work hard for you. In short, it’s an excellent option if you’re looking for reliable and effective credit repair services. Lexington Law’s services are available in all 50 states.
CreditRepair.com makes credit repair easy and hassle-free. As a customer, you’ll benefit from an experienced team of specialists that will actively dispatch dispute letters to credit bureaus on your behalf and work with creditors to delete negative items from your credit report. The company offers personalized consultations on building better credit and provides support 24/7 over the phone or online chat. Additionally, CreditRepair.com has many free educational resources on how to fix your credit.
You can start by getting a free online credit evaluation.
4. The Credit Pros
The Credit Pros offers comprehensive credit repair services designed to help customers get back on track with their finances. With years of experience in the credit industry and a rapidly growing business (it was named one of the Inc 5000 fastest-growing credit repair companies), The Credit Pros has the knowledge and resources necessary to successfully navigate the complex process of restoring your credit. It has a highly skilled team of knowledgeable professionals who will work with you every step of the way to ensure your credit report accurately represents your current financial situation.
5. Ovation Credit Services
Ovation Credit Services’ comprehensive credit repair program makes it simple to identify and remove errors or inaccurate information from your credit report. With Ovation Credit Services, you’re guaranteed a knowledgeable team working to empower you with the facts — giving you the confidence to make smarter, more responsible financial decisions.
6. The Credit People
If you’re struggling with your credit history and want help, The Credit People offers reputable credit repair services that make the process easier and more seamless. It can help you dispute errors and update your records as well as provide comprehensive solutions that will help you reclaim your financial freedom. Its range of services provides a helping hand in regaining control of your finances, making The Credit People an ideal option if you find yourself in need of professional assistance.
7. Sky Blue Credit
With years of experience and dedication to customer satisfaction, Sky Blue Credit has earned a strong reputation for being reliable and trustworthy in helping customers repair their credit. In addition, it also provides educational resources on how to build better credit and manage funds more efficiently.
How Is Your Credit Score Calculated?
Your credit score is one of the most important numbers that impact your financial well-being, and if you understand how it’s calculated, it can help you make the best possible decisions with your money.
Credit scores are typically calculated using credit report information from the three major credit bureaus: Equifax, Experian, and TransUnion. These bureaus gather information on your payment history, established accounts, length of time the accounts have been active, types of credit used, etc. They use this data to generate your score. Knowing this, you can plan to give yourself the best chance at earning a high score by responsibly managing your account utilization ratios and monitoring changes in your spending habits.
If you find yourself in credit woes, keep in mind these seven top credit repair companies. Remember the factors that affect your credit so that you can keep your score high after it has been repaired.