Is Using a Third-Party Credit Repair Service Better Than Using a Credit Repair Agency?

Is Using a Third-Party Credit Repair Service Better Than Using a Credit Repair Agency?

Credit repair is the process of identifying and removing negative items from your credit reports. Many consumers are unaware that they can dispute, settle, or delete errors on their credit reports for free, without having to pay for credit repair service. The following is a brief outline of how to access free credit repair services.

First, you need to request a copy of your credit report from each of the three major credit bureaus: Experian, Equifax, and TransUnion. You can request these reports at any time from each of the three bureaus, although you should do this as soon as you become aware that you have bad credit reports Fixed Credit Repair. Credit repair software allows consumers to easily improve their credit score and to fix errors and incorrect information on their credit report. Once you access your credit score online, you can quickly identify errors and quickly improve your credit score by correcting the misinformation.

Another benefit to using an online resource for your credit score and credit report is the ability to quickly dispute inaccurate information. Often times, if you find an error in your report, it will take several days before you get in contact with the reporting agency to dispute the item. After doing this, you will likely be sent a letter to the agency informing them of the inaccurate data. This process often delays the credit score that consumers would achieve if the inaccurate data were corrected immediately. Therefore, using an online resource makes the entire credit repair process much faster and ensures that the consumers receive the results they deserve.

There are a number of reasons why the credit repair process can be slow. Sometimes consumers do not have specific negative items on their reports, which require the agencies to look further into your situation to determine the information is accurate. If this is the case, the process of challenging the item and getting it removed from your report takes even longer because you will have to wait until the agency has received the proper documentation from other companies. Using a resource that allows you to quickly challenge inaccurate items allows you to get things resolved quickly. This ensures the agency receives the data as quickly as possible, which allows you to receive the negative items removed quickly so you can begin reaping the benefits of a positive credit score and credit history.

When using an online resource to access your credit report and score, you will also have access to the same tools that a credit repair agency provides. These tools include financial calculators and easy-to-use guides. You will also be able to get answers to frequently asked questions, and you can learn the most effective ways to improve your credit. However, because a legitimate credit repair company does not use these tools to create your report, the information remains accurate.

In conclusion, there are benefits to using a third-party service for your credit report and score. This saves time and money for consumers. However, consumers should make sure the resource they choose is an authentic third-party company. Legitimate services will abide by Fair Credit Reporting Act regulations, and they will not use any unfair methods to increase their client’s credit ratings.

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