If you are seeking quality credit repair services, what do you look at above all else? The most popular answer here will be, “the fastest possible improvement in my credit.” But this answer is the wrong motivation factor – one that will result in a very bad choice of credit repair agency and a lot of times, one that avails of illegal means to raise your score.
Does that surprise you? Let’s examine the reasoning.
When you’re looking to get your credit fixed “fast”, you become vulnerable to corrupt credit repair services that are hoping to take advantage of people whose primary focus is getting their credit fixed quickly.Here are five important tips that will help you choose the most competent credit repair services, while avoiding corrupt credit repair firms.
Tip No 1 – aboveboard companies never advertise quick-fix methods to repair credit. In fact, a trustworthy credit repair company will make you fully aware of what credit repair services can be expected. Their services will be outlined in a contract. Be sure to insist on having a contract; and if a contract is not forthcoming, you can be certain the company you are considering is a ripoff.
Tip No 2 – All trustworthy credit repair companies will make you aware of your rights and provide you with guidance in respect to the credit repair services you can do for yourself. Things such as getting a free annual credit reports from the three bureaus, detecting errors in your report, disputing those errors, managing your finances and the like, are things that you may, at one point in time, do on your own.
The company will teach you what you can handle on your own, and what is better left to their expertise. The trustworthiness of the credit repair company you are considering can be determined based on these kinds of interactions.
Tip No 3 – No legit credit repair agency will ever hint at using tactics that are illegal. You will run across companies who promote the idea of “second” or “brand new” credit reports, complete “cleanup” of all negative items, super fast credit improvement and so on.
Never take these types of promises seriously until you have gone to the website of the Federal Trade Commission (FTC) and checked out what it says about repairing your credit score. This will show you that the credit repair services offered by such agencies are fraudulent and more often than not illegal.
Tip No 4 – Every trustworthy credit repair company offers, among their services, quality counseling without additional charge. As we’ve seen, a legitimate credit repair business is more than willing to help you achieve financial self-sufficiency. They will be prepared to offer you top-quality credit repair services and simultaneously teach you what you are able to do yourself. If the agency is unwilling for you to learn about credit repair, contacting a credit bureau, and/or convince you that you cannot do anything on your own, then they are clearly fraudulent.
Tip no 5 – I am leaving the best tip for last, because this is what will remain in your mind long after you finish reading. Check out whatever membership organizations to which the company belongs. For example, many leading companies of this industry are members of the ECRA (Ethical Credit Repair Alliance), which ensures that you – the customer – get the best possible credit repair services. Make sure the agency of choice has membership in a recognized regulatory agency.
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