If you have a poor credit score, you are probably having problems getting affordable credit or even insurance. The good news is that we have the answer by recommending the best credit repair programs. Improving your credit score is always worthwhile even if you have a fairly good one as it can save you $100s of dollars every month on your mortgage and other borrowings as you will qualify for lower interest charges.
So which credit repair programs could you chose?
Lexington Law is probably the one that most people have heard of as it has been around a while. Different happy customers credit them with being able to increase credit scores by upwards of 50 points in sixty days. It is important to realize that your personal circumstances will have a huge impact on how successful any credit repair program is.
Other companies you can try are Sky Blue Credit, Ovation Credit, My Credit Group and Academy Credit. Before you start using these companies make sure you completely understand how they can help you. Find out what their charges are and what guarantees they can offer, if any. You also need to appreciate that no matter how good the company is, they cannot work miracles.
If it is just a question of correcting errors on your file, your score should increase fairly quickly. But if you have messed up your rating as a result of late payments, missing commitments etc, they will have to work harder to repair the damage.
You should be completely honest with your adviser as it is only then that they will be able to use their expertise to help your situation. If you hide anything from them, they will only uncover it later. Remember they are on your side and you are paying them to sort this out for you.
The best credit repair programs are not cheap so you need to be certain that you need this service and will benefit from their help. The money you spend on this facility could reduce your outstanding credit so that may be a better use of your funds. Only by discussing your individual account with a couple of these services will you find out if they are right for you.
Don’t go near one of these companies without first getting a copy of all three credit reports and checking them for accuracy. Also work out your budget as they will want to know how much you can afford in additional payments if anything. Being in charge of your finances will impress your advisor as well as the people who make the decisions on lending. They don’t just look at your credit score but also look at your overall personal circumstances such as the type of job you do, how long you have been there, your current expenditure levels and any evidence of savings.
At the end of the day, the best credit repair programs are the ones that do the right job for you.