[ad_1]
If you’re tired of being turned down for credit cards and/or loans, maybe it’s time to repair your credit report. And many of you turn to professional services because reviewing reports, removing negative items, and making repairs can be a difficult process. However, not all of these services are worth the time and investment. Some are outright scams. What do the best credit repair programs offer?
Some good things to look for include a free consultation, compliance with local laws, longevity, and engagement with at least one attorney. The ideal credit repair organization will not charge you a one-time fee. They will give you a free consultation and review your report to give you an idea of what can and cannot be done. Ask them if they have experience with the type of situation you need resolved, such as heavy credit card debt or an IRS lien being removed.
Speaking of lawyers, it’s probably best that you stick with a program that has lawyers working for you. Law firms are the best credit repair programs because they already know all the laws regarding credit agencies, banks, and lenders. It’s especially helpful to have them on your side if there are suspicious items on your credit report and you have concerns about attempted fraud.
What are some “red flags” that you must watch for? How do you know when to turn your back on a “credit repair program”?
Features the Best Credit Repair Programs Don’t Have
What to Avoid:
• Any company that tries to demand payment in advance.
• Promise of a “fast/easy solution”. There is no “quick, easy fix” when it comes to credit repair.
• Any kind of guarantee or promise that a company will “raise your score”
• Companies against whom there are unresolved complaints.
• Any suggestion that you “lie” or create a “parallel identity”.
• Make any suggestions or do anything that makes you feel uncomfortable.
The fact is that the best credit repair programs never make any promises other than a guarantee that they will take a look at your credit report and give you an analysis to see if there really is any hope for you, and that they will help you. Will do it any way they can as long as the methods comply with both local and federal laws.
Before signing any contract, read all disclosures. Don’t set up an auto-detect payment plan. Familiarize yourself with the “Credit Repair Organizations Act” so you know exactly what a company is prohibited from doing. If the program is legitimate, you should only start paying once you have proof that they are doing everything they possibly (legally) can to help you.
now that you know what best credit repair programs Offer, you can get started with your search. Many people recommend Lexington Law, as the company offers a free personal consultation and access to your TransUnion report summary. There are also lots of positive Lexington Law reviews online.
[ad_2]