The world of credit repair is often viewed as unappealing as that of a trip to the dentist. Nobody really wants to deal with it, and they would prefer to keep it at bay. Unfortunately, the ease of entry into the credit repair industry means that anyone with a heartbeat and a convincing argument can set up shop, leading to an oversaturation of the industry. As someone who has been involved in this industry for the past 15 years and runs one of the largest credit repair companies in the nation, I am all too familiar with the skepticism surrounding our profession.The fact of the matter is that bad credit is becoming increasingly rampant with each passing day. Due to the surging number of credit repair companies, it is crucial that, as a client, you conduct a considerable amount of due diligence to weed out opportunists who seek to exploit your situation.As the head of a credit repair company, I have been fortunate enough to impact the lives of over 20,000 individuals and revolutionize their finances. In the spirit of giving back, I would like to give you a glimpse into the inner workings of our trade while arming you with the necessary tools to make informed decisions when selecting a credit repair company.
Table of Contents
How to Choose the Best Credit Repair Company in Chandler
Different Credit Repair Services Available in Chandler
The Credit Repair Process in Chandler
Credit Sustainability Requires Financial Wellness
Free Credit Repair in Chandler
Advice on Finding the Top Credit Repair Company
How to Choose the Best Credit Repair Company in Chandler
If you want to improve your credit score and are looking for a credit repair company, it’s important to do your research to find the right one. While online reviews can provide valuable insight, they aren't always legitimate. Here are important steps to help you find the best credit repair company in Chandler:
Make a List
Search for credit repair companies in your area that have a good or acceptable Google review rating and make a list of candidates.
Reputation
Only consider companies with a good online reputation. Use https://archive.org/web/ to check how long their website has been online and read reviews to ensure they are legitimate.
Make the Call
Contact selected companies to learn more. When speaking to them, ask questions such as how long they've been in business, whether they're licensed and bonded, if they offer a free consultation and their fee structure. These questions will help you make the best decision for your situation.By following these steps, you can find the most effective but least expensive credit repair company to help improve your credit score.
Different Credit Repair Services Available in Chandler
The United States has over 1 million active credit repair and financial service companies. A large selection of companies allows clients to select the one that fits them the best, but finding the right company can become challenging with so many options.This article explains the three types of credit repair companies available in Chandler.
Flat fee companies
Only about 5% of companies operate on the flat-fee model. In our opinion, it's the most efficient and cost-effective way to get fast results. These companies typically only bill for the accounts they dispute, and clients pay a one-time fee for the service. They work faster because they attempt to complete their service in the least amount of time. A credit repair company will first determine if they can help you by analyzing your credit reports and then quote you a price based on those accounts. This structure is highly recommended by mortgage companies as it doesn't prolong the client's ability to get pre-approved.
Monthly fee companies
Most credit repair companies charge monthly fees, making the structure inefficient because they do not review the credit report, making it baffling to determine whether they can help you. The credit repair company usually only works on a few items, and it can take 6-8 months for comprehensive results. They have no motivation or urgency to create results quickly because if clients spend more time on their program, the credit repair company obtains more money.
Pay for delete
This structure is becoming more popular as clients pay for only what they get, and the credit repair company performs with speed. However, it is important to analyze the fee structure of these companies, as some may charge a fee "per item removed" instead of offering a comprehensive package.
We recommend selecting a flat-fee company. Doing research and calculating on your own may help you make an informed decision.
The Credit Repair Process in Chandler
When it comes to credit repair, advice online can be outdated or not helpful, and it can be tough to keep up with the constantly evolving process. In the past, disputing negative accounts through "not mine disputes" led to immediate results, but the credit reporting agencies quickly refined their processes, making it harder to obtain results through the dispute process. Today, using new and unique dispute tactics is necessary for successful credit repair. It's important to contest the validity of any account on your report to ensure that it's both yours and valid. Requesting proof from the data furnisher and identifying any errors is crucial in having them fixed or deleted. To determine which account documentation to request, calling as a non-customer or doing a quick Google search can be helpful. It's important for us to stay up-to-date with the credit repair process to provide our clients with the best results.
Credit Sustainability Requires Financial Wellness
Personal credit scores are driven largely by one's personal finances. In the same way that the stock market fluctuates based on its financial performance, credit scores also ebb and flow based on an individual's financial stability. Engaging in habits detrimental to finances will lead to credit issues, but credit repair offers just one solution of many. Credit repair alone is not the ultimate answer. Therefore, it is important to have complete control over personal finances for sustainable credit strength. Without this, credit scores will always fluctuate. Before investing in credit repair, focus on paying down revolving credit balances, paying all accounts on time, and using credit cards only in emergencies. Constantly using credit repair is not only tedious, but it is also avoidable if we prioritize financial healing.
Free Credit Repair in Chandler
Are you wondering if it's possible to improve your credit score without spending a dime? The answer is yes; you can repair your credit for free in Chandler or anywhere else by doing it yourself. While it's true that this option comes with a high time investment, I have several blogs that provide a step-by-step guide on how to repair your credit just like the professionals. However, if you don't have the time or patience to put in the work, I highly recommend hiring a professional credit repair company to do it for you. Keep in mind that you have the legal right to dispute any errors on your credit report, but it takes a lot of effort and time. If you're willing to commit 2-4 hours a month, check out my blog post on how to Repair Your Credit like the Pros.
Write a Review in Exchange for Free Credit Repair
When I first started in the credit repair industry, I offered free credit repair services to people in exchange for a testimonial or review. If you're interested in getting free credit repair, you could post in credit repair Facebook groups in Chandler, offering to write a detailed 5-star review in exchange for assistance with your credit concerns. While you may encounter some naysayers, you're likely to find a newer credit repair company that is willing to help. As someone who has benefited greatly from such arrangements, I recommend giving it a try.
Advice on Finding the Top Credit Repair Company
1. Do your due diligence in researching the best credit repair company that can aid you in maintaining a healthy credit standing. Although it requires time-consuming research and communication across multiple credit repair agencies, this step is crucial to ensure that your money and efforts are not wasted.
2. Work on your financial habits- whether it's impulsive spending or poor saving practices- these habits are the root of most credit issues. Several individuals face credit issues and try to compensate by paying up without making any financial changes. However, this only leads to a vicious cycle of poor credit. To avoid this, get your finances under control.
3. Credit repair does work. Over twenty thousand clients have witnessed a life-changing transformation through credit repair. It begins with your efforts to get your finances in order, which is required for credit repair to become a feasible, permanent, and easy solution. Don't lose hope, as you can do it!