Credit repair companies come in a wide variety of forms, but all of them are focused on helping you receive the fair and just treatment you deserve as a consumer. While there are companies out there who are trying to scam people, we here at DebtSteps are focused on finding and highlighting legitimate and high-quality companies for your consideration.
That’s why today we’re going to look at the best credit repair companies and what makes them stand out from the rest.
Top 3 Credit Repair Companies For 2017
Maybe 2016 was a rough year for you, or perhaps the last couple years have been treating you poorly. You’ve gotten behind on your credit card bills, and your score is plummeting by the day. You could always DIY your credit repair, but you don’t even know where to begin.
This is when you should turn to a credit repair company that can help. With their experience, knowledge of consumer credit laws, and their teams of people, you can let them help you climb out of this whole and get your credit back on track. Let’s take a look at the top credit repair companies.
1. Lexington Law
Lexington Law is one of the most well-known and the largest law firm in the nation. They specialize in helping consumers repair bad credit with their team of lawyers, paralegals, and financial experts. For the past 25 years, Lexington Law has helped people remove millions of negative items from their credit reports.
Let’s take a look at what makes them stand out:
- $99.95 to set up and $79.95 per month
- $50 discounts for couples, family, and military
- 25 years of experience and counting
- A- Better Business Bureau rating
- Free Credit Report Summary and Credit Score
- No Contracts, cancel anytime
Lexington Law functions by leveraging the laws in place for consumers to have their reports validate and negative items removed if they are not accurate. Credit card companies and bureaus make mistakes all the time, and if these mistakes aren’t found and disputed by credit repair agencies, they stay on the report for up to 10 years.
What differentiates Lexington Law is their relentless pursuit of mistakes they find on people’s credit reports. When companies are forced to change an item on someone’s report, it’s really quite simple on their end, but it saves customers up to 7-years of bad credit.
As a licensed and bonded firm, Lexington Law has over 22 lawyers and 400 paralegals on staff, and this number is only set to grow as time goes on. The staff is all well-trained and qualified to help people with credit repair.
On top of this, the company also provides a free credit summary and score to their current and new subscribers. The discount they offer for family and active military is also very appreciated by many of their customers.
Finally, the lack of a contract and the excellent track record they’ve had in the past with their customers all comes together to form a company that’s very easy to recommend.
Visit Lexington Law to learn more about how they can help you today!
2. CreditRepair.com
CreditRepair.com is one of the best choices for your credit repair needs. They offer a great service, along with plenty of educational resources that help consumers learn more about how credit and finances work.
The only real downside to CreditRepair.com, is the customer service, which can be sluggish. Otherwise, the company is an outstanding option for people who need to repair their credit.
Let’s take a look at some of their characteristics:
- Over 19 years of experience in the credit industry
- TransUnion Credit Monitoring at No Extra Charge to you
- Score Tracking and Analysis
- Free Mobile App & Alerts
- No Contract and Cancel Anytime
The attached blog on the CreditRepair.com website offers a ton of information for people to read at their leisure. This helps them better understand the credit industry and how to better their own finances in the future.
That’s really the crux of credit repair. While these companies can help you remove negative items, the true test is time itself. Most people don’t use credit repair for more than a few months before they move on.
What happens next is extremely important, as they must continue making smart decisions and fall prey to the same issues that caused them to need credit repair in the first place. CreditRepair.com has the blog for this specific reason.
Beyond the blog, CreditRepair.com also offers several key tools that allow you to monitor your credit every hour of the day. These tools are also available as mobile apps to you stay informed on-the-go.
The credit monitoring they offer from TransUnion adds a lot of value as well. A service like this usually costs $25 on its own per month or even more. If there are any major changes to your report, you’ll get alerts via text and email.
Learn more about how CreditRepair.com can help repair your credit fast!
3. Sky Blue Credit
Sky Blue Credit Repair has a lot of positive reviews online. They are a great company to choose for a number of different reasons like pricing and their efficiency. Their 26+ years of experience allow them to easily pinpoint items on your report that can and should be removed.
A lot of people don’t understand the credit laws that protect them from issues that credit repair can alleviate. The experienced people here are experts on all of the applicable laws that you can leverage for your credit repair.
Here are some reasons to consider Sky Blue Credit Repair:
- Competitive pricing at $59 per month
- 5 Disputes per bureau (total 15) per month
- Average restoration time of six months
To better understand Sky Blue Credit, we tested various aspects of the service. For starters, they scored very well when we tried to contact them for customer service. Representatives were readily available and attended quickly to our needs.
The same was true of the emails we sent. Overall, the responses provided concise and accurate information that would be easy for anyone to understand. There is also some information available online that people can use to learn more about credit as a whole.
While the existence of a blog is appreciated, it wasn’t as robust as some of the other options in terms of raw information. Even so, the ability to learn more about the industry and how credit functions is very important to a continued success with financial health.
In terms of costs, Sky Blue Credit Repair comes out with an extremely attractive price point, and the usual promise that no contracts will be dragging you down. There’s a $59 fee when you first enroll, but couples can enjoy 17% off the fee if they sign up together.
The only downside here is that you’re required to pull your own credit reports from the main credit bureaus. Typically, the company does this for you, so it’s a curious oversight on their part. Despite this, Sky Blue Credit also offers you a money-back guarantee at any time.
As always, the amount of time it takes to repair credit can vary greatly depending on the person, the situation, and the types of items that need to be removed from their report. The average time for customers using Sky Blue Credit Repair is around six months, but for you it can easily be shorter or longer.
In terms of score changes, customers have seen anything from 100 to 200 points added to their score after their time with Sky Blue Credit. Again, this varies based on the success of your disputes. If the negative item is valid, it cannot be removed.
Typically, results are seen within 30-days of your signup. This could come in the form of a boost in your score, or a successful number of disputes that the company sent. Being able to send a total of 15 disputes per month gives Sky Blue Credit an edge over the competition.
Some companies send as many disputes as they possibly can each month, while others stray away from this practice because they think having too many out at once can lower the chances of success. Sky Blue Credit goes down the middle route by sending an even 5 disputes per bureau each month and spreads out the letters they send.
While Sky Blue Credit does offer less plans than the competition, this makes things much less confusing for consumers. You can cancel the service at any time, and they only work directly with the credit bureaus. While some things can be resolved by contacting creditors directly, this again keeps things simple and focused.
Visit Sky Blue Credit today to see how they can help you improve your credit.
Final Thoughts
The best credit repair companies are the ones that help you by pinpointing and quickly disputing anything on your credit report that is unfair, unsubstantiated, and unreasonable. These companies all perform their services with great results, but it’s always important to remember that credit repair is different for everyone.
The sooner you start, the sooner you can get back on track with your finances. Check out one of these credit repair companies today and take back your finances and the credit you deserve!