First, CreditRepair.com scores poorly in customer reviews, averaging only 1.5 stars out of five on Trustpilot, where top competitors average over 4.5 stars. Similarly, CreditRepair.com had a D rating from the Better Business Bureau before their review page was taken down for updating, whereas top competitors have ratings of A- or better. The district court ruled against PGX in March 2023, finding that PGX violated the TSR allegations, at which point PGX filed for Chapter 11 bankruptcy. In June of 2023, a federal judge ruled against Progrexion, exposing the company to demands from federal regulators exceeding $3 billion. You can cash your check at any bank where you have a checking account.

#1 Best Credit Repair Company In Houston Tx

You can calculate your credit utilization ratio by adding up all your debts and dividing that number by the total of your credit limits. Having a high credit utilization ratio shows you’re using a lot of your available credit, which can reduce your credit score. The lower your credit utilization ratio, the better, but as a general rule, keeping it under 30% is a good idea. Paying off your balances in full will keep your total debt low and boost your credit score.

Best Credit Repair Companies Ratings

Be careful when you pay for credit repair—it might not work out like you planned. If you think someone might be using your personal information to open accounts, file taxes, or buy things, go to IdentityTheft.gov to report it and get a personalized recovery plan. Instead, their value lies in convenience—handling the paperwork and communication with creditors or bureaus that consumers might otherwise manage themselves (FTC, 2024). Experian can help raise your FICO® Score based on bill payment like your phone, utilities and popular streaming services. The Credit Pros has been in business since 2009, so consumers benefit from their long history with credit management and repair. What sets them apart is their use of artificial intelligence (AI) in their platform, a cutting-edge approach that enhances traditional methods.

The privacy and security policies of Desert Financial do not apply to the linked website. We encourage you to review these policies upon visiting the linked site to see how they apply to you. The material presented here is for educational purposes only and is not intended to be used as financial, investment or legal advice.

Steps To Repair Bad Credit

You can use a debt consolidation loan to pay off your credit cards, then pay back the loan over time in fixed monthly installments. Although debt consolidation loans charge interest, rates are typically lower than credit card interest rates, ultimately saving you money. Plus, one fixed monthly payment can be easier to budget for and pay on time than multiple credit card bills.

Debt consolidation may be worth it for borrowers with several high-interest credit cards and loans. A lower interest rate on a consolidation loan can save you money each month and help you pay off your debt faster. Just be sure to shop for the best interest rate and terms before taking out a consolidation loan.

I’ve been working with them for the last few months and I’ve seen a significant increase in my credit scores. I have been so worried about my future and believed I will never be able to afford a home. They literally walked me through the process, making sure I understand each step that I take. I was lucky enough to be able to work with Jessica, who kept me laughing and smiling.

Most clients see positive results with our credit repair services within days. Improved scores allow you to save money with better rates and lower payments. Lexington Law and CreditRepair.com are two of the country’s largest credit repair companies—companies that promise to fix or to improve people’s credit. The Credit People’s Credit Report Repair service is relatively affordable compared to other programs in the space. Even the most basic package (the standard package) includes unlimited challenges to all three credit bureaus. Upgrading to the premium package includes escalated disputes and monthly credit score reports and score refreshes.

At the end of the investigation, the disputed account is either verified as accurate, updated or deleted from your credit report outright. If you’re struggling with debt, consider contacting a reputable credit counseling organization instead of going to a credit repair firm. A credit counselor can help you devise a plan to pay off your debts and help you create a budget that you can stick to going forward.

While you have the right to dispute any inaccurate information on your credit report, you cannot remove any accurately reported negative information yourself. A good credit score gives you better financing options and lower interest rates. According to creditrepair by the New York Federal Reserve, the number of Americans who were rejected for credit products has increased over time, and lower credit scores are to blame. You may find incorrect information that is bringing your score down. If you do, file a dispute with the credit reporting company and with the company that was the source of the information. If you feel entirely overwhelmed by your credit issues and you know you need third-party help to get organized and figure out your next steps, reaching out for help may be worthwhile.

The first step is to obtain a copy of your credit reports from each of the three main credit reporting agencies (Experian, TransUnion, and Equifax). Carefully review each report and identify any errors or inaccuracies, as well as any other items negatively impacting your credit—like old loans that are in default. Automatically paying the minimum payment for credit cards and other accounts avoids late payments. Make sure there’s enough money in your account to cover all your autopays to avoid overdrafts or insufficient funds transactions. Inaccuracies in credit reports are rare but may show up from time to time, and depending on the information involved, could negatively affect your credit score. Reviewing your credit report from each of the three major credit bureaus (Experian, TransUnion and Equifax) at least once a year helps you spot problems.

The offers that appear on this site are from companies that compensate us. But this compensation does not influence the information we publish, or the reviews that you see on this site.

Did you notice that the intervention of a credit repair company isn’t mentioned? [newline]Find another credit repair company that’s going to file an investigation with the CFPB or contact the OCC on your behalf. Operating since 2016, Credit Glory helps customers repair a wide range of credit errors, from bankruptcies and collections to names and addresses. The company has credit experts available seven days a week and offers a free phone consultation for you to ask questions and make sure you want to proceed. Find out how to repair damaged credit, avoid credit repair scams and rebuild a positive credit history. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information.

Correcting errors and outdated items may improve your score, especially if they’re weighing it down. From securing low-interest loans to obtaining favorable insurance premiums, a strong credit rating opens up a world of financial opportunities. While some credit experts recommend keeping your utilization rate below 30%, there’s no magic threshold. Among consumers with excellent credit, utilization rates are generally below 10%. Here are some concrete steps you can take to get your credit score back on the right track. We’ll forward your complaint to the company and work to get you a response— generally within 15 days.