Thursday, December 8th
2022 Credit Repair Company Reviews
The Credit People
- In business for over 20 years
- Over 100,000 clients
- Almost 1,500,000 removals
- Pay $79/month or $419 for a six-month plan
- $19 initial fee
- 100% satisfaction guarantee
- Free consultation
The Credit People is the credit repair provider that has made the biggest jump in our ratings over the years. The company has done a lot to improve their service, offer better support, and deliver greater results. That's what we like to see.
60 days or less to see improvements
The Credit People invites you to give them a call for a free consultation, or to ask for tips on your current financial situation, no strings attached. Once you've signed up, you'll get a welcome email and phone call, plus information on how to log on to your personalized online account. That's where you'll keep track of the progress made on your credit repair. The Credit People say you should see improvements in 60 days or less. As long as you're a member of their program, their team will be working behind the scenes to dispute any inaccurate, incomplete or unverifiable items on your credit report, removing late payment entries, closed accounts, liens, and much more.
Options for month-to-month or one-time payment
When you get started with The Credit People, you'll pay an initial fee of $19. From there, you'll pay a flat-rate fee of $79 per month, and you can cancel at any time. Or, if you'd like to make a one-time payment of $419, you'll have access to all of The Credit People's repair services for six months.
Improvement by the numbers
This is one of a small number of credit repair services that posts statistics reflecting their results. Though your results may vary, of course, they say that most clients see an increase of 53-187 points on their credit score. Over 70% of clients are approved for auto loans, home loans, refinancing and new credit after having their credit repaired here.
BBB rating doesn't match company's performance
We're a little confused by the Better Business Bureau's rating for The Credit People. There were only 12 complaints filed there in the last three years and 11 additional reviews, and yet the BBB gave the service a "C+" rating for "concerns about the industry" as a whole. We found appropriate, thoughtful responses to every complaint on the BBB's site, taking the time to thoroughly explain how their service works (and how clients' financial choices while using the service impacted their score, outside of The Credit People's control and influence).
Costs
- $79/month or $419 flat-rate fee for 6 months of service
- One-time set-up fee of $19
Stellar satisfaction guarantee
Another reason that The Credit People is far better than the BBB rating might suggest is their "unbeatable satisfaction guarantee" . If you're on a monthly plan, you can cancel at any time and not be charged for that month's service. Or, if you've paid upfront for six months of help, you've got a full six-month satisfaction guarantee.
A credit repair service that delivers
By the looks of things, this credit repair service is doing a fantastic job. We found hundreds of clients who worked step-by-step with an expert from The Credit People and got results. Some comments came from customers who had previously used a much more expensive company (who you might happen to see in our other reviews) and had gotten little to no progress there - and who were thrilled to see how much their credit report improved after a short time with this service. We're pleased to give The Credit People a significant bump in our rankings and recommend giving them a try for effective credit repair.
More Credit Repair Company Reviews
Which Credit Repair Service is the Best?
Americans have finally started to understand the importance of a good credit score: from 2011 to 2021, the nationwide average increased from 689 to 714! Anything over 700 is considered to be "good" and can be the key to opening doors financially - everything from renting an apartment to securing an auto loan or mortgage may rest on your credit report.
Unfortunately, not everyone understands what goes into a positive credit history. Late payments, applying for multiple credit cards in a short period of time, or even problems with mistaken identity can all lead to a less-than-excellent credit profile. Some people get lured in by the promises of low monthly payments or 0% APR credit cards, only to find themselves drowning in debt.
Credit Repair Company FAQ
Continued from above...
That's where credit repair services enter the picture. These providers work to dispute items on your credit report that might be inaccurate, unverifiable, or erroneous. Depending on which company you choose, the service might also include cease and desist letters, goodwill letters to help you qualify for credit in the future, credit monitoring to keep you on track, and one-on-one coaching.
You shouldn't expect miraculous, rapid increases in your credit score - most credit repair processes result in a modest increase of about 40 points, though some may bring you up by 100 points or more - but it could be what makes the difference for your financial goals and credit needs.
As you start to explore the possibility of credit repair, you'll soon see that there are many providers hoping to gain your business as a client. Which one is the best for you? Here are a few things to keep in mind as you decide:
- Services provided. What is included in your monthly fee? Will you get a certain number of challenges and disputes or is it unlimited? Is credit monitoring included? Will you get coaching on managing your finances going forward, so that you can avoid needing credit repair down the road?
- Fees. What will you pay for the services you receive? Is it month-to-month or a one-off cost? Is there an initial work fee or setup cost? Also, many services expect that you will have a credit report in hand at the time of your first consultation; some include that with your fees, while others charge you for it. Be aware that you can request your credit report once per year for free: the CFPB recommends using AnnualCreditReport.com to get yours from all three of the major credit bureaus at no cost.
- Results. The best credit repair services tell you what to expect and how quickly. It can take a month or two before your credit score changes, even if your provider is working diligently behind the scenes on your behalf.
- Reputation. The Better Business Bureau isn't a big fan of the credit repair industry, so it's not uncommon to see reputable providers with a less-than-stellar BBB grade. Rely on client feedback to paint a clearer picture instead. Do customers say the credit repair service was effective? Was it worth the money they paid? Did their assigned reps update them regularly with the progress made on their credit reports?
To help you get your finances back on track, TopConsumerReviews.com has evaluated and ranked the most popular credit repair services available today. We're confident that this information will give you everything you need to choose the right partner in your journey towards a fantastic credit report!
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