Whether it is for a home loan or car financing, we know the frustrations that good people like you go through when trying to get inaccurate information removed from your credit reports. But the truth is, there is no such thing as a “quick fix” when it comes to credit – it’s a process that takes time. “Credit repair” companies claiming to erase credit problems, remove situations like bankruptcies from your credit reports, or create a new credit identity for you may not be legitimate. You may wind up losing time and money, and it may even have legal consequences.

For example, if your automatic payments failed for some reason or if you faced a temporary financial hardship. It’s up to the creditors to decide if they grant the adjustment, but it’s worth a try. DeLiberty advises that you try to “piggyback” off a closer friend or family member’s credit account as an authorized user. “You want to be added to an account with a perfect payment history, a long history, and a high limit,” he says.

Best Credit Repair Companies Ratings

It might seem faster, but many consumer rights get waived when you use online forms. Disputes sent by mail create a paper trail and often get more thorough reviews. Crediful is committed to helping you make smarter financial decisions by presenting you with the best information possible. We’re able to offer this content free of charge because some of the companies featured on our site compensate us. As you show you can pay on time, your credit limit may be raised and you may have your deposit refunded.

Best For Unlimited Dispute Letters: Credit Firm

However, it’s essential to be cautious of scams and to work with reputable professionals or organizations when undertaking credit repair efforts. Credit Saint’s unique integration with Experian and TransUnion offers seamless credit report access and error correction. It uses customized attorney-drafted letters instead of generic templates, which is ideal for prioritizing efficient dispute-handling.

Think Twice Before Closing Old Accounts

I’m refinancing my house and saving hundreds of dollars every month. creditrepair ’ve already recommended them to friends and will continue to for a long time to come. At every stage, CreditDIY’s committed support team assists you through your credit journey.