Should You Use a Credit Repair Service?

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Does credit repair really work? Unfortunately, many of the ads that you will encounter will be for scams that can actually make your credit worse. Or, just take your money and give you nothing in return.

There are definitely credit repair companies that are reputable, though, and these may be able to help speed up the process for you as you try to repair bad credit. Sadly, there are no secrets to raising your credit score, it takes discipline and responsibility. But, in some cases you may be able to get some help in the process.

Does Credit Repair Work?

There are certain situations in which credit repair companies can actually be very helpful. For example, if there are errors or inaccuracies on your credit report, these companies know how to get them fixed, and can often save you tons of time and effort by knowing how to handle the situation. When there are errors that negatively affect your credit score, it is important to get them corrected as quickly as possible. This is where a credit repair company can help.

There are some strategies that credit repair companies do use to help boost your credit. For example, you may not realize that any information that is contained within your credit report must be verifiable. This means that if your credit report says you owe money to someone, that company should be able to verify it. If the company has gone out of business, then this information must be removed from your credit report, and a credit repair company can help verify all of the entries on your credit report, ensuring that they are accurate and verifiable.

Sometimes your lenders will be willing to consider working with the credit repair company to help you fix your credit. The credit repair company may be able to negotiate a deal for you, either lowering the amount that you owe, or maybe even just lowering the interest rate. Either will help with your debt, which can help boost your credit.

How Can You Find a Reputable Credit Repair Company?

Any time you are dealing with a credit company—especially a credit repair company—you want to ensure you are dealing with a highly reputable company. There are plenty of scams out there, just waiting to prey upon people who are desperate to improve their credit, and you don’t want to fall victim to these companies. You want to work with a company that has been in business for a long time, has good reviews, and, ideally, a money-back guarantee that ensures that they will help you improve or repair your credit.

Look for companies with good ratings from the Better Business Bureau (BBB). Also, companies that don’t charge you until after they have repaired your credit are certainly going to appear more legitimate and are probably more confident that they can help repair your credit.

Some Recommendations?

If you are looking for some good credit repair companies, here are a few that stand out in the crowd. All have good ratings from the BBB, and all have been in business for a long time. They also all offer money back guarantees, which can certainly make you feel more comfortable when dealing with them.

SkyBlue Credit Repair is a company that can help fix errors and dispute inaccuracies on your credit report. They have a great rating, and clear policies and guarantees. Affordable pricing, at $49 initial fee and $49 per month thereafter. Not a great choice for someone who has bad credit because they never paid their bills, but a great option for someone who had fraudulent activity on their credit report. Low cost and high ratings make this a solid choice.

Lexington Law has more than 20 years of experience helping consumers improve their credit reports and repair their credit. They can help with collections, legal issues, fraud and more. Although a bit pricier than SkyBlue, their credit repair plan is a little more comprehensive, too. Understanding the legal implications is a strength here, as well as the fact that they do not charge you until the services have been provided. is another reputable company with a great rating from the BBB. Although there is no initial fee, their monthly fee is a little steeper than SkyBlue and Lexington, but they provide additional services like credit monitoring, which can be a big help as you work on repairing your credit. Because they are connected to TransUnion, one of the big three credit bureaus, you will be able to get your credit score and have it monitored, too.


There are many reasons why you might end up needing credit repair, whether you got into some financial hot water yourself or you were the victim of fraud or inaccuracies. Whatever the reason, should you find yourself considering credit repair, choose carefully to ensure that you are getting your money’s worth, and make sure that your credit score continues to rise and that your credit report is accurate!