If you have bad credit, then you probably face a lot of challenges that people with good credit never encounter. For instance, bad credit often means that people have to pay higher interest rates, have to pay security deposits on their utilities, can’t get approved for apartments, can’t get cell phone contracts, and even get denied job opportunities.
With so many adverse effects of bad credit, it’s no wonder that so many consumers turn to credit repair sites that promise to improve their credit scores. Unfortunately, not all credit repair companies have your best interests in mind. In fact, they may want to take advantage of your situation.
You can avoid scams by learning how to find reputable credit repair sites. Start by following these tips.
Research Credit Repair Sites Before You Contact Them
The internet makes it easy for you to research credit repair sites. If a company has ripped people off or provided poor services, you will probably find hundreds of negative reviews online.
Look for sites that have positive reviews written by real consumers. Also, make sure you check several review sites. Otherwise, you might fall victim to a site uses fake reviews to lead you to predatory credit repair sites.
Look for Free Consultations
Most reputable credit repair sites will give you a free consultation before offering their services. The consultation lets the company know whether it can help you. It also helps you collect information about what steps the credit repair company will take on your behalf.
Be wary of companies that promise quick solutions to your credit problems. Rebuilding credit takes time and effort. Even getting misinformation removed from your credit report takes at least 30 days.
Quick fixes are almost always scams. Don’t fall for them.
Ask if the Company Has an Attorney on Staff
You want to choose a credit repair company that will follow the law while improving your credit score. If a credit repair site doesn’t have at least one attorney on staff, then there’s a chance that the employees don’t even know the difference between legal and illegal strategies.
Choose a Licensed, Bonded, and Insured Company
Professional credit repair sites don’t cut corners or avoid their responsibilities. Check the companies to make sure they’re licensed, bonded, and insured.
Never Trust Guaranteed Results
Reputable credit repair sites know they can’t control what credit bureaus do. They can advocate on your behalf, but they can’t force credit bureaus to change your report. Since they know their limitations, they will not guarantee specific results.
If a company guarantees a result, you immediately know that it’s misleading you.
There are plenty of reliable repair companies that can help you. Creditrepair.com, Lexington Law, Ovation, The Credit People, and Sky Blue Credit Repair have overwhelmingly positive reviews. Even with their positive reputations, you should still research the companies before hiring them.