Like a visit to the dentist, credit repair is something that many people dread. However, if you have the skills to persuade, you can set up a credit repair company. Nowadays, there seems to be a credit repair business on every street corner. As someone who has been in this field for over 15 years and runs a major credit repair company, I understand why the industry receives a lot of scrutiny, and I admit that many criticisms are valid.The sad truth is that bad credit is an epidemic that is becoming more prevalent. The huge number of credit repair firms that have sprung up over the last year alone highlights the overwhelming number of options that consumers have to choose from. Consequently, it's increasingly crucial for individuals to undertake their homework to ensure that they don't fall prey to unscrupulous operators.As an entrepreneur who has had the opportunity to assist over 20,000 people and change their lives, I feel compelled to give back. For that reason, I want to make the inner workings of the credit repair industry more transparent. I also wish to equip you with the knowledge you need to make the best decision when choosing a credit repair company.
Table of Contents
How to Find the Best Credit Repair Company in Des Moines
Different Credit Repair Companies: Understanding the Three Types in Des Moines
The Credit Repair Process in Des Moines
The Importance of Personal Financial Stability for Sustainable Credit Scores
Free Credit Repair in Des Moines
Final Tips for Fixing Your Credit
How to Find the Best Credit Repair Company in Des Moines
When people ask me about the best credit repair company, I always suggest they do their own research instead of promoting my business. Online reviews are helpful, but they may not always be genuine. It's better to make a list of potential candidates and check their reputation on online platforms. For companies with an established online presence, you can verify their website history at https://archive.org/web/. After the initial screening process, it's essential to call and ask a few questions to get a better understanding of the company's services. Here are some essential questions to ask:
1. How long has the company been in business, and are they unlicensed and bonded?
2. Do they have a physical office that you can visit?
3. Do they offer a free consultation?
4. Do they have a money-back guarantee?
5. What is their fee structure? Do they charge a flat fee or monthly?
6. How long does the process take on average?Following these steps may be time-consuming, but it's crucial to do your due diligence to get the most effective and affordable credit repair company.
Different Credit Repair Companies: Understanding the Three Types in Des Moines
In Des Moines, there are over 1 million active credit repair and financial service companies in the United States, making it difficult to differentiate between experienced and non-experienced companies. However, to better understand how credit repair works, it is important to recognize the three different types of credit repair companies you will find.
Flat fee companies
This type of company bills you for the accounts they dispute and charges a one-time fee for the service. Most flat fee services are faster and more affordable, as the credit repair company has an incentive to get your services completed in the quickest amount of time. In Des Moines, flat fee companies are the best option due to the mortgage industry's preference for this type of structure.
Monthly fee companies
Most credit repair companies you will find in Des Moines charge monthly fees. This type of structure does not fit all clients, as monthly fee companies really have no motivation to fix your credit fast.
Pay for Delete
Fewer companies offer this model, which charges you only for results, putting pressure on the credit repair company to perform. However, this model can get expensive since you pay per item removed. In Des Moines, it's essential to ask the company directly about the fee structure so you can make the best decision for yourself.
Ultimately, it's important to do your research and calculations to choose the best credit repair company in Des Moines for your needs.
The Credit Repair Process in Des Moines
There's no definitive answer when it comes to the credit repair process; opinions differ, and the advice available can be outdated or unreliable. It took me seven years in the industry to perfect the process, which, with constantly changing regulations and laws, is never static. It's not that credit repair is necessarily complicated, but that credit reporting agencies often try to outsmart consumers. By limiting their ability to dispute effectively, they increase the likelihood that consumers will use online platforms. At our firm, however, we stay up-to-date, so we can offer our clients the best possible results.
Understanding the Process
The most straightforward way to repair credit may be to contest the validity of accounts on your report by verifying their accuracy. The success of the "not mine dispute" process peaked in 2015, but the process soon became less effective due to refinements. Today, if you're not using new tactics, then it's likely that you'll struggle to get the results you want.
An Effective Credit Repair Method
It's essential to contest the validity of any account on your credit report, regardless of errors. You're legally entitled to this, and the account furnisher has to provide proof to validate any account. This approach prevents credit reporting agencies from using the e-OSCAR method to identify and remove frivolous dispute letters. Don't hesitate to request the appropriate documentation and follow up on any identified issues.
Documentation and Assistance
What documentation you need varies, depending on the original loan you were authorized. To make sure you ask for all the relevant material, you can call the non-customer service. Our firm can also provide you with a blog post with more information on the necessary documents.
The Importance of Personal Financial Stability for Sustainable Credit Scores
Credit repair is only a part of the solution
- Personal finances are the driving force behind credit scores- Credit repair is not a comprehensive solution for credit issues
Get your personal finances in line first
- Sustainable credit requires control over personal finances- Paying off revolving credit balances, timely payments, and limited credit card usage is advisable- Fixing financial deficits is the best way to ensure long-term credit sustainability
The endless credit repair cycle
- Repeat clients are a significant issue in the credit repair industry- Failure to take personal finances seriously leads to an endless cycle of credit repair- Focus on personal financial stability is essential for sustainable credit.
Free Credit Repair in Des Moines
Many people wonder if it's possible to fix their credit without spending a dime. The answer is yes, but it will cost you in time and effort. If you're willing to put in the work, you can dispute your credit report at no cost other than paper and postage. However, most people either lack the time or inclination to do so, which is why hiring a professional credit repair company can be a great option.In my blog, I have outlined the steps to repair your credit like a pro. But be prepared to invest around 2-4 hours every month to do it yourself. In case you're interested, my blog post on "Repair your credit like the pros" is a great resource to check out.If you're not up for doing the credit, repair yourself and still want it done for free, consider posting a request on Facebook groups for "Credit Repair†and offer to write a detailed 5-star review as compensation. This approach worked for me when I started in the credit repair business. You can get someone to do your credit repair for free in exchange for an honest review. Just beware of potential haters along the way.
Final Tips for Fixing Your Credit
Research and reach out to different credit repair companies to find the best one that can permanently fix your credit. Taking the time to do thorough research will ensure that you don't waste money or time.
Address the root cause of your credit problems by improving your personal finances. Too often, people spend their paychecks on credit repair without fixing their spending and saving habits, leading to continued credit issues.
Don't give up hope – credit repair works. With the right habits and the help of a reputable credit repair company, you can achieve a quick, easy, and lasting solution to your credit problems. It all starts with taking control of your finances. As a credit repair professional, I've seen it change the lives of over 20,000 clients.