10 Signs of A Trustworthy Credit Repair Company
Many people are turning to credit repair companies to help them repair their poor credit. Just like with any other industry, there are trustworthy companies, and there are fraudulent companies. Working with a fraudulent company to try to help you repair your credit could leave you hundreds of dollars in the hole. You also run the risk of identity theft. On the other hand, if you work with a trustworthy credit repair company, you could walk away with much better credit reports than you had before… and all of the benefits that go along with that.
When using a company to help you repair your credit, you must do your research and make sure that you are working with a trustworthy company. To help you out, we’ve compiled this list of a few things you can look for to help you find a trustworthy company.
Here are 10 signs of a trustworthy credit repair company :
1. They don’t make grand claims or promises
Understand that it is illegal for a credit repair company to promise specific results. There are very legal ways to perform credit repair. So, no trustworthy credit repair company will ever promise any results.
2. They don’t promise any type of timeframe
It is impossible to estimate how long the process of credit repair will take. So, you will never hear a trustworthy credit repair company promising any specific timeframes. Trustworthy credit repair companies understand that this could be a lengthy process, but they are willing to stick it out with you and work hard for you until they are able to get you results.
3. It is easy to find their contact information
Many fraudulent companies will attempt to hide their contact and company information. This makes it easier for them to run from customers when they take their money. A trustworthy credit repair company will want you to be able to get a hold of them! Easy to find contact information is a good indicator that the company has no intentions of running or hiding from you.
4. They have reasonable prices
Do understand that you get what you pay for. So credit repair may not be cheap. But it also doesn’t have to cost you your entire life savings. Don’t let price be the only thing you consider when choosing a credit repair company. But if a company’s prices seem completely unreasonable, they may not have your best interests in mind.
5. They’ve been around for a while
Experience is a great thing when it comes to credit repair companies. Just because a credit repair company is new it by no means is an automatic indicator that they are a fraudulent company. But when it comes to something as important as your credit, it’s probably a better idea to trust experience and stability.
6. They are registered with the US Department of Justice
A trustworthy credit repair company will register themselves with the US Department of Justice as a sign of compliance and trust.
7. The BBB likes them
It’s a good idea to see if the Better Business Bureau, as well as other unbiased third-party resources, likes the company you are considering working with.
8. They have a good reputation
Listen to what other people are saying about a company you are looking into. Read reviews. Check out what they’ve been able to do for their other clients.
9. They have good customer service
If a company has great customer service up front, that is a good indicator. If they are difficult to get a hold of, or not easy to work with from the get go, that definitely won’t improve once you’ve started giving them your money. On top of that, be wary of companies that are very aggressive with you or use very pushy sales tactics. If this is the experience you have with them, odds are they don’t have your best interests in mind.
10. They take measures to protect your security
Lastly, you will want to make sure that the company you will be working with takes the safety of your personal information very seriously. A trustworthy company will understand how vital the security of your information is, so they will take the necessary measures to protect your personal info. Checking out a company’s privacy policy is a good way to get information on this.
Conclusion
So there you have it, 10 signs of a trustworthy credit repair company. Follow these 10 tips, and they should be able to help lead you to a trustworthy company to work with. If there is a company that you are considering working with, and they don’t meet all 10 of these criteria, it may be a good idea to keep looking. There are so many trustworthy credit repair companies out there, there is no reason to work with one who doesn’t meet all of the requirements you are looking for.
