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      July 20, 2019

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Repair Companies

  1. Ovation Credit Services
  2. Credit Firm
  3. Credit Saint
  4. MSI Credit Solutions
  5. The Credit Pros
  6. Lexington Law
  7. The Credit People
  8. Credit Repair
  9. Credit Assist Network
  10. Pyramid Credit Repair
  11. E Credit Attorney
  12. Credit Repair Consult
  13. Veracity Credit

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Top Consumer Reviews Articles

TopConsumerReviews.com provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.

How Repairing Your Credit Can Save You Money

Over 220 million Americans have a bad credit rating – and it costs them thousands of dollars each year in the form of higher interest rates on everything from loans to credit cards.

Credit reports have become the gold standard for determining a person’s financial worth. In some instances, employers even use credit reports and credit scores during the hiring process.

There are several ways in which a poor credit history and low credit score can affect finances.

  • Higher Interest Rates. Persons with poor credit reports and low credit scores (between 300 and 500) are subject to higher interest rates for loans. Because consumers with a bad credit history are a higher risk to lenders, an attempt to recoup as much money up front usually is reflected through a higher interest rate. Of course, it’s also possible that loans from various creditors will be denied entirely. When that happens, consumers are left with little recourse.
  • Credit Cards. Approval for new credit cards will be difficult if not impossible with a poor credit rating. Consumers who are lucky enough to get a new card will find themselves saddled with a higher-than-average interest rate, as well as a low spending limit.
  • Vehicle Insurance. Vehicle insurance companies have jumped on the bandwagon of reviewing potential clients’ credit histories prior to agreeing to insure them. Roughly 92 percent of all insurance companies research a customer’s credit history prior to insuring them. Consumers with poor payment histories or a dismal credit score can expect to pay higher premiums. Data indicates that persons with poor credit are more likely to file claims and are therefore a higher risk for insurers. Conversely, those with excellent credit histories and credit scores generally have fewer accidents and tend to pay premiums in a timely fashion.
  • Employment. With 69 percent of all U.S. employers admitting to checking credit reports as part of the hiring process, those with a bad credit history can be left out in the cold when it comes to landing a new job. Under the Fair Credit Reporting Act, employers must first seek permission prior to requesting a potential employee’s credit report. Those who suffer from bad credit or a dismal credit score can find themselves being passed over for new jobs as well as promotions with an existing employer.

Having poor credit is not the end of the world. With a little time and a lot of hard work, a bad credit history can be turned into a positive credit history.

The first step one should take toward repairing a bad credit history is to review copies of your own credit report. Reports can be requested through the three major credit reporting agencies: Equifax, Experian and TransUnion. The Fair Credit Reporting Act mandates that all consumers are to receive one free annual credit report from each of the three agencies.

Consumers with poor credit histories also should consult with a consumer credit counseling service, which can help start the process of repairing credit. These services work by helping consumers to consolidate loans and other debt into monthly payments the consumer can afford. There are many such agencies on the market today, but consumers should be careful when selecting one, as not all are created equal.

Credit360 Inc. Now Offering Free Credit Repair Consultation

One of the nation's finest in personal and business credit solutions is now offering credit repair consultations at no cost. MIAMI, July 18, 2019 /PRNewswire-PRWeb/ -- Representatives with ...

Published:  Thu, 18 Jul 2019 07:44:00 GMT



Tempted to try a loan to repair your credit? Spoiler alert: save your cash

Q: We've been wanting to buy a home for a while but when we applied for a mortgage, we were told that our credit isn't that great. Our lender suggested that we work on improving our credit ...

Published:  Mon, 15 Jul 2019 03:30:00 GMT



Looking for Help with a Major Appliance Repair? Watch Out for Fake Service Providers

All you must do is give your name, home address, and credit or debit card information. You'll be charged a small service fee so they can set up an appointment with the repair person. Often ...

Published:  Sun, 14 Jul 2019 04:44:00 GMT



Money Matters: Credit repair lies

Pristine credit and a high credit score is necessary for a good deal when you borrow. It's also important when it comes to renting an apartment, getting insurance and sometimes even getting a job. And ...

Published:  Sun, 23 Jun 2019 06:08:00 GMT



FTC secures injunction against credit repair company

A federal judge has issued a temporary restraining order to halt operations and freeze the assets of Grand Teton Professionals, a company offering credit repair services to consumers. The court ...

Published:  Mon, 24 Jun 2019 07:04:00 GMT



Consumers lose thousands to fake credit repair scheme

No doubt, it's tempting to sign up for a "quick fix" to clean up your credit. Who wouldn't want to instantly find a way to add 100 or more points to a credit score to qualify for a rewards-packed ...

Published:  Fri, 05 Jul 2019 08:22:00 GMT



Convicted thief featured in Investigative Unit reports arrested again in credit repair scheme

BATON ROUGE - A man who was the subject of multiple WBRZ reports for his role in a nationwide credit fraud scam is back in jail Tuesday. Donald Batiste was arrested again after he was accused of ...

Published:  Tue, 25 Jun 2019 12:01:00 GMT



Ask Andy: Credit Repair

(WMC TV) - Coming back from a college visit for my daughter recently, I saw a sign staked in the grass next to a gas station: "Credit Repair: 1-800-XXX-XXXX." I did the best thing someone could do ...

Published:  Thu, 27 Jun 2019 01:36:00 GMT



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