Lexington Law doesn’t provide a money-back guarantee, but clients can cancel within the first five days without any charges. This period isn’t a free trial but rather a right of rescission, giving clients time to decide whether to continue with the service. The next step involves a thorough review of your credit report to identify any potential inaccuracies. For example, an account you’ve closed might still appear as open, or there may be duplicate accounts listed under different spellings.
Caroline has over 50 credit cards in her wallet and has previously covered credit cards and travel for Business Insider, The Points Guy, USA Today, Lonely Planet, Orbitz and many others. Yet just because your credit is in bad shape right now doesn’t mean it has to stay that way. It is possible to rebuild your credit and overcome past financial setbacks.
Tips For Choosing A Credit Repair Company
Using a credit repair company may be helpful if you are unable to resolve your own issues. However, if you only have a few small errors on your credit report, you may be able to handle those issues yourself and avoid the cost of a credit repair company. While both of these options can provide some form of relief, they differ significantly in their approaches and their long-term impacts on your credit and finances. While credit repair aims to improve your financial habits and creditworthiness, bankruptcy —though much more onerous—offers much more of a fresh start by wiping out debts.
Finally, once you resolve outstanding items hurting your credit, commit to paying all bills on time. It may take time, but by taking these steps, you can gradually improve your credit and achieve financial stability. If you’re looking to track your progress and get more insights into your credit, CreditWise might be helpful. And if you’re looking for a credit card to help you build credit with responsible use, check out credit cards for fair credit from Capital One. Paying your credit card balances in full every billing cycle can help you pay less in credit card interest than if you carry over your balance month after month.
Pay Bills On Time
For example, you can compare personal loans that you’re likely to qualify for based on your credit profile. That way, you can get a sense of what rates and terms you have the best odds of being approved for, without doing damage to your credit. Sky Blue Credit has been in business for more than 30 years, offering a simple, comprehensive package without the need for costly upgrades. Blue Sky Credit uses a 35-day dispute cycle, which, according to its website, may be 10 days faster than other companies.
She joined NerdWallet in 2016 after 15 years at MSN.com, where she held various content roles including editor-in-chief of the health and food sections. Kim started her career as a writer for print and web publications that covered the mortgage, supermarket and restaurant industries. Kim earned a bachelor’s degree in journalism from the University of Iowa and a Master of Business Administration from the University of Washington. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website.
Other costs to using Accredited Debt Relief include a one-time setup fee and a monthly fee for maintaining the escrow account, though these amounts weren’t disclosed to NerdWallet. Accredited Debt Relief offers debt settlement plans that can help you get out of debt, but it’s risky. You can also file a complaint with the CFPB if your written dispute with the credit reporting bureau does not fix the error.
Global Fund Services
Some credit card providers will offer free access to your credit score. Checking creditrepair requires a soft credit inquiry, which doesn’t damage your score. Another option is a debt consolidation loan, which lets you pay off multiple high-interest debts with one loan and one monthly payment.