Many people are having issues with their credit report. It has been studied that over 70% of consumers have a bad credit score. When you have a bad credit score, you might be restricted to enjoy some financial help and benefits from the financial institutions. Luckily, there is a way of fixing your credit report, and it is called your credit repair guide.
What is credit repair?
This is the process of pointing out errors, finding ways of fixing the mistakes, and supervising the legal institutions to ensure that the identified error is corrected. In simple terms, this is the process of fixing the bad credit report.
How vital is it?
Credit repair is an important strategy that can help an individual fix their bad credit report. Therefore, it will help in the following ways;
• Improved insurance policies. Most of the insurance companies will offer policies that are based on the credit report of the client. So if the report is fixed, the client will be offered better insurance policies.
• Better mortgage/loan resources. When you have a bad credit report, you will not be open to many loan or mortgage opportunities. Nonetheless, if you have a credit repair, you will be sure of getting more loan options.
• Better job opportunities. Most of the employers will highly consider the credit report of the applicant. When you have your credit report fixed, you will be more confident, and you can have higher chances of getting a good job.
Top 5 Credit Repair Companies
Fixing your credit report is all about finding the right credit company. That said, here are top five credit repair companies list for Nov 2015.
1. Lexington Law
This credit company will require around $99.95 to sign up, and you will be charged a minimum of $59.95 a month. The company has been active for around 24 years, and it has a BBB rating of A+. It favors active military, family members and couples by giving them a discount of 50%. You will also enjoy a free credit score and a free credit report summary. You are free to cancel it whenever.
2. Sky Blue
It will cost you about $59 to start up the Sky Blue services. You will be charged $59 a month, and there is a 100% money back guarantee. Sky Blue has an experience period of about 26 years, along with a BBB rating of A+. It is also open to cancellation whenever you want.
3. Credit Repair
This one has an experience of 18 years, and it also has a lower start up fee of $12.95. The monthly fee is $89.95. The company offers score tracking and analysis. It will also monitor the TransUnion credit for free. You will also get a mobile app, and regular alerts. The credit score analysis is available 24/7.
4. The Credit People
This company will only cost you a start up fee of $19, along with a monthly fee of $59. You can also pay an upfront fee of $299. When you pay the upfront fee, you will not have to pay any other fee for six months. They have an experience of 14 years, and you can enjoy a 100% monthly fee.
5. Ovation Credit Services
This will cost you a start up fee of $89, along with $49 monthly fee. There is a special discount offered to the military, couples, family members, friends, and seniors. You will also enjoy a speedy, same-day service. They are cheap enough to allow anyone to enjoy their services.