If you’re looking for help repairing your credit, the key is finding the best credit repair services out there and choosing the one that aligns best with your needs. Sky Blue Credit has been in operation since 1989, so it’s one of the most established credit repair services in our ranking. This company also offers a transparent and affordable pricing model with a monthly fee of $79 for individuals or $119 per month for couples.

Does Credit Repair Work?

Other costs to using Accredited Debt Relief include a one-time setup fee and a monthly fee for maintaining the escrow account, though these amounts weren’t disclosed to NerdWallet. Accredited Debt Relief offers debt settlement plans that can help you get out of debt, but it’s risky. You can also file a complaint with the CFPB if your written dispute with the credit reporting bureau does not fix the error.

Become An Authorized User On Someone’s Credit Card

Customers are reassured by Credit Saint’s 90-day money-back guarantee, which promises a full refund if no questionable items are removed from their credit reports within 90 days of service. To be eligible for this refund, customers must remain active in the program for at least 90 days, with the eligibility period beginning on day 90. Credit Saint has established itself in the credit repair industry over the past 17 years, earning a solid reputation. It offers a free initial consultation for new customers and manages all interactions with credit bureaus once a customer selects one of its service packages. These packages begin at $79.99 per month with a setup fee starting at $99.

You can visit AnnualCreditReport.com to download a free report from each credit bureau once every 12 months. Through April 2021, you can access free weekly credit reports due to the COVID-19 pandemic. Debt can be overwhelming, and when bills pile up, many people look to credit repair, debt consolidation, or debt relief services for a solution. We also considered any additional features Credit Repair.com provides, such as credit monitoring, financial education, and identity theft protection services. As a result of the CFPB’s enforcement action, the companies were ordered to pay $2.7 billion in consumer redress and civil penalties and were banned from telemarketing credit repair services for 10 years.

Consistently making debt payments on time can help you improve your credit. [newline]Closing credit card accounts can actually hurt your credit score by increasing your credit utilization ratio and shortening the length of your credit history. If you decide to work with a credit repair company, be wary of potential credit repair scams. Malicious credit repair companies claim they can remove information (whether inaccurate or accurate) that keeps a consumer’s credit score low. You’ll want to check all credit reports from the three major credit bureaus to get the full scope of your financial history.

Credit scores consider how close you are to being “maxed out” on credit cards. If you use too much of your credit limit, it may hurt your credit score. Some experts advise using no more than 30 percent of your total credit limit – while others say you should use less than 10 percent. But in the end, it is worth it since your score can drastically impact many parts of your life. creditrepair monitoring, on-time monthly payments and healthy financial habits are keys to having better credit.