Credit Repair Services
Credit repair services have become a necessity, it is estimated that 79% of credit reports contain errors and more than 20 million people have poor credit ratings, the demand by consumers to restore their credit rating is at an all time high. There is also much talk both offline and online in terms of the best way to improve credit ratings, some people say that the do-it-yourself method is the way to go and others prefer to go with a company that provides credit repair services.
Both options can get the job done but the main difference is that credit repair companies will handle the whole process for you. The task of repairing your credit does involve some time and knowledge of the credit laws. The three main credit bureaus unfortunately don’t make the task easy, which makes hiring a company an attractive option for a lot of people. There are two types of credit repair companies, non-attorney based and attorney based companies.
Non-attorney companies are in business to assist you with fixing your credit without a staff of attorneys. They understand the process and work on your behalf just as though you were doing it yourself, except they handle all the work and details for you. They are made up of individuals that have a lot of experience in the process of credit repair.
On the other hand attorney based companies, are made up of attorneys that specialize in the area of credit repair. They have an in depth understanding of the Fair Credit Reporting Act which consists of the laws that govern how credit bureaus maintain information contained in your credit report.
Regardless of which type of service provider you go with, they should work closely with you to handle the details such as ordering your credit reports, review your file for errors and unverifiable accounts, as well as the construction and sending of credit dispute letters to the different bureaus to have such accounts deleted from your credit reports.
The leader in attorney based services is Lexington Law Firm I recommend you give them a call and one of their paralegals will be happy to answer specifc questions you may have in reference to the process.
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