Credit Repair Companies
Credit Repair Companies: When it comes to credit repair assistance, it seems as though there are two species. There are good companies – those who will provide education and assistance to families with financial problems in need of credit repair. Unfortunately, there are probably more companies who will do more damage in the name of credit repair. Here are some significant telltale signs of legitimate credit repair companies: They don’t make any loans nor negotiate loans on behalf of debtors. They just provide bad credit repair services to help people negotiate their debts. Also, they don’t refuse counseling to anyone who cannot pay or is not interested in a debt management plan. A fee that they charge for debt management plans is usually reasonable. And the fees aren’t charged based on a percentage of the consumer’s debt, the consumer’s payments, or on projected or actual savings related to the debt management plan. Finally, look for credit repair companies that have attained positive ratings via independent online sites. Choosing a credit repair company wisely, again, shouldn’t be a snap judgment matter. Do your homework and take ample time before giving your completely trust to what will most likely be considered a complete stranger; a solid credit repair will simply say what they’ll do and do what they say.