Credit Repair Firm Comparisons: Are They Really Legit?...Or Sneaky Scams Out to Rip You Off?
It can be a pretty daunting task to sort through the multitude of firms claiming they can clear up your credit report. The sad fact is, many ARE scams and use unscrupulous methods. Legitimate credit repair takes time and effort, so It's best to avoid anyone proposing any kind of "miracle overnight cure" for your credit.
What to Expect with Credit Repair Firms: You get someone to do all the tedious work of disputing negative credit items by people more likely familiar the ins and outs of the system. While you can certainly do your own credit repair, many people find the process very long and cumbersome.
What NOT to Expect with Credit Repair Firms: Be realistic and don't expect to get any highly personalized treatment or to speak with an actual attorney very often. The exception to this is MyCreditGroup.com, who provides a very high level of personal service. Realize that for most other firms, credit repair is a fairly automated process.
While you may see some negative rants on forums by some unhappy credit repair customers, the truth is those are typically just a small vocal minority. The vast majority of experiences by customers of the following firms are good, but you rarely hear from them because they're happy and have quietly moved on with their lives.
If you're considering using any credit repair firm, the following are the only legitimate ones who currently get our endorsement at this time. Many others we've investigated are simply frauds.
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Our New #1 Rated Firm - My Credit Group: www.MyCreditGroup.com
This San Diego based credit repair firm is a true cut above the rest!...offering personalized service for an incredible value to consumers nationwide who are in need of credit repair, debt settlement, or both.
My Gredit Group is a brand new addition to our list of legitimate credit repair firms. This is the first firm we've found that really sets themselves apart from the crowd.
After interviewing Marc Chase, head of Client relations, we were simply blown away by by the high level of integrity, passion, high-touch customer service, and personal customization My Credit Group delivers for their clients.
My Credit Group Benefits:
- Personalized Service...including a 2 hour phone consultation after signing up online.
Customized Deletion Letters - They do NOT use boiler plate Template letters
Strategic and customized planning for targeting deletions - Believe it or not, some deletion attempts can actually make things worse. My Credit Group plans out specifically the pros and cons of each deletion based on your situation.
Negotiation with Creditors, Debt Collectors, and Attorneys
Assistance with Loan Services
Credentials:
- Flawless BBB Record
- Registered With Attorney General and Secretary of State
- "Best 2007 Customer Service Award" nominee by San Diego Chamber of Commerce
Even large corporate clients place their trust in My Credit Group...just to name a few: US Department of Defense, Wells Fargo, Chase, Bank of America, Remax, Countrywide Credit, and Prudential Financial.
Bottom line...you can rest assured you will be treated VERY well by these folks and won't be just another number to them.
Click Here to Learn More About My Credit Group
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#2 - Lexington Law Firm: www.LexingtonLaw.com
Pricing and Service Levels:
Lexington Regular: $39/mo + $99 Setup Fee
Basic unlimited dispute service.
Concord Standard: $59/mo + $99 Setup Fee
Unlimited dispute service plus creditor negotiations on late pay accounts and debt validation service on collection accounts.
Condord Premier: $79/mo + $99 Setup Fee
Same as Concord Standard plus intensive credit monitoring, analysis, and identity theft insurance.
In our investigation and from user feedback of Lexington Law, they are very legitimate, honest, and in fact go to great efforts to get the job done well. They have some powerful testimonial videos on their site which you can view here:
Lexington Law Testimonials by Real Customers
Aside from My Credit Group listed above, we found they are one of the better firms at following up on your case file. They do all the tedious follow up work and stay on it like a pitbull until you see results. While personal contact may leave a bit to be desired, the work they do definitely makes up for it.
If you have more questions about your specific situation, don't hesitate to just give them a call them and ask. We found them to be extremely helpful, friendly and not pushy.
Click Here to Find Out More or to Call Toll Free (24/7) with Questions
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#3 - Sky Blue Credit Repair: www.SkyBlueCredit.com
Pricing and Service Levels:
Single All Inclusive Plan: $49/mo + $99 Setup Fee
Unlimited Disputes, Unlimited Creditor Intervention and Collector Intervention.
Discounts:
50% Discount for Couples...discount applies to both setup and monthly fee.
Add-On Services:
None. They do not have hidden fees or upgrades - the monthly fee covers everything.
Other Consulting Services For No Extra Charge:
Student Loan Consolidation and Rehabilitation
Assistance with Building New Credit
Help With Current Debt Collection Problems
Credentials and Ethical Standards:
High Commitment to Delivering Ethical and Legitimate Services
Credit Repair Services provided since 1989
Fair Credit Reporting Act Certification from the CDIA
Sky Blue does an excellent job of focusing on helping their customers achieve the end goal of highly usable credit. They don't merely dispute a bunch of stuff and forget about you.
They also do a good job of providing personalized service designed to identify and address specific needs. The nice thing is how the deliver a lot of extras with no upgrades or options needed. Sky Blue is also good at making sure each client is happy with the outcome.
Find Out More About Sky Blue Credit Repair Here
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#4 - Ovation Law: www.OvationLaw.com
Pricing and Service Levels:
Essentials: $34.95/mo + $95 Setup Fee
Basic dispute service.
Essentials Plus: $54.95/mo + $95 Setup Fee
Basic dispute service plus creditor negotiations and debt validation for collection accounts.
Discounts:
20% Discount for Couples
$50 Credit for switching from a competing credit repair firm.
Add-On Services:
Fast Track/Top Priority Service ($24.95 one time fee)
Identity Optimization ($19.95 one time fee)
Ovation Law is not the most well known or popular credit firm on the block, but we applaud them for fantastic customer service and responsiveness.
Also, with the ability to add the Fast Track service for a one time fee, it's a nice way to put your case file at the top of the heap and get things moving if you're under a deadline to get a mortgage or other type of loan.
Although they're not a top choice, they do work very hard to add a bit more of a personal touch to their service and bend over backwards a little more to address or discuss any specific or unique credit situations you may have.
Find Out More About Ovation Law Here
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#5 - Veracity Credit Optimization: www.VeracityCredit.com
Pricing and Service Levels:
One Service Level: $45/mo + $69.95 Setup Fee
Includes Credit Analysis and Basic Dispute Service performed on a 30-45 day cycle until work is complete.
(Discount for 2nd account for couples)
Veracity is another good firm which is fairly basic, but it's a great bargain while still maintaining good follow-up on your case file and they do a very effective work.
Although their service is somewhat "bare bones", they do have good, friendly customer service reps and are very responsive to answering questions you may have between work cycles.
If your situation is fairly straightforward with no complicated issues, Veracity is an excellent choice and you will find they treat you well and maintain good communication.
While progress can be somewhat sporadic due to their work cycles, many people still start to see some good improvements in their FICO scores within 3-6 months.
Click Here to Learn More about Veracity Credit
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