Credit Repair Agencies

Credit repair agencies are firms that specialize in repairing bad credit. The agencies have experts, who can guide and help you in repairing bad credit and improving credit rating.

The job on valuating your worth in terms of credit rating is done by 3 bureaus in the United States namely, Experian, Equifax and Transunion. These agencies evaluate your credibility based on your past credibility such as:

1 Whether you are regular in making your card payments and loan repayments or no.?

2 Are you overusing your credit limit?

Based on these facts, the credit bureaus will decide on your credit score.

Any score below 500 is considered a bad credit rating. The lower the score, the harder it will be for you to get a loan or a credit card. Moreover, the items in your report which reduces your score will remain in your report for a period of 7 years. Therefore, it is essential that you get your credit repaired at the earliest.

What is the role of Credit Repair Agencies?

As mentioned earlier, credit repair agencies work towards betterment of your credit score.

Our credit repair agency provides free initial consultation. What you need to do is:

1 Fix an appointment with us.

2 Get all your credit reports and other supporting documents

3 Meet our experts and take their advice absolutely free of cost.

After discussing your problem with our experts, our experts will have a look at your credit report and other financial documents and will provide you with advice. You can then decide whether you want to opt for our services. If you have decided to use the services of our agency, then you will have to enter in to an agreement with us. This agreement is to be signed by both the parties. You will be informed about your rights before you enter into an agreement with us. You can cancel the agreement within 3 business days.

After checking all the 3 credit reports, we will see if there are any errors or incorrect information in the report. These will be the ones that affect your credit report the most. We will take an objection to these items and write letters to all the 3 bureaus, marking the negative items in the report and asking them to verify these items. In case the bureaus are not able to verify these items with in a period of 30 days, then, the bureaus will have to remove these items from their report and issue a fresh credit report. The new credit report will obviously much better as the negative items are removed from the report. A copy of the fresh report will be circulated by the bureaus to all those institutions, banks or creditors who had enquired about your credit rating in past one year.

Thus, by seeking the services of our agency, you can get better credit report with in a period of 4 to 6 months.