Guaranteed Credit Services LLC is a full-service credit repair agency serving clients in the Houston metro area. With a mission to assist clients with their financial goals, the agency works to boost credit and buying power for future purchases. The Financial Counseling Center credit repair company in Los Angeles has been helping businesses and individuals to improve their credit scores for over 32 years. The firm conducts in-depth credit report evaluations and works to have foreclosures, tax issues, mortgage assistance, bankruptcies, student loans, and late payments removed from records. Its certified professionals assist with wage garnishments, judgments, charge-offs, loan modifications, and negotiations with unsecured creditors.

The bureau will contact the business that reported the potential error, give it the evidence you’ve submitted to support your claim and instruct it to begin an investigation, per the FTC’s website. While you don’t necessarily need to review your credit reports that often, you should aim to review quarterly or at least annually, according to Experian. Your credit reports are different because lenders can choose which bureau they want to report your activity to, and what and when to share. Since opening its doors in 2011, the CFPB has distributed more than $3.3 billion through the victims relief fund.

Credit counseling companies, which are often nonprofit organizations, can offer money-management advice and services. They typically specialize in topics like budgeting, dealing with debt and managing credit. The services offered by these organizations can sometimes be free or low-cost.

However, they aren’t doing anything someone with the time and inclination couldn’t do themselves. “If you’re looking to improve your credit, start by mapping out your bills and making sure you have a plan to pay them on time,” says Courtney Alev, a consumer advocate at Credit Karma. You can also put your bills on autopay, so you’ll never have to worry about missing a monthly payment. Credit repair companies dispute errors on your credit reports by filing formal complaints on your behalf. This more aggressive intervention requests documentation to corroborate the information that they are reporting in your credit reports and proof of a creditor’s compliance with various consumer protection statutes. Rebuilding creditrepair isn’t a fast process and often requires changing your financial habits.

Maintain A Low Credit Utilization Rate

With this package, you’ll receive the benefits of the Standard plan and credit score analysis, TransUnion Watch, ReportWatch, and InquiryAssist. Over the years, the company has built an impressive record of removing over 10 million errors and questionable items from their clients’ credit reports. Clean Slate is the ultimate Credit Saint package because it covers everything from the lower-priced plans plus personalized cease and desist letters.

Debt Settlement Vs Credit Repair Vs Credit Counseling

As you compare secured credit cards, look for options that charge no annual fee and offer rewards or other benefits that add value to your efforts to rebuild credit. Look for opportunities to add more to your monthly credit card payments, and in the meantime, consider using other payment methods, such as cash or a debit card, to avoid adding more debt. You can seek out a nonprofit credit counseling service, where services will either be free or at a much lower fee than for-profit credit counseling. In some instances, it may be nice to have a company advocating for you to the credit bureaus, given that they can be unresponsive to credit disputes filed by consumers.

Use A Rent Reporting Service

Under the Fair Credit Reporting Act (FCRA), you have the right to dispute any information that’s inaccurate, outdated, or unverifiable. These payments may be distributed directly by the company, through the CFPB’s Civil Penalty Fund, or by a payments administrator. In the case of CreditRepair.com and Lexington Law, JND will be the third-party administrator that will process and issue checks to harmed consumers. We scored Los Angeles credit repair companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.