What to look out for in a credit repair company

What to look out for in a credit repair company

There are good credit repair companies just as there are bad ones; you just need to know what to look out for.
Here are a few things to keep an eye on when hiring a credit repair company.

Fee arrangement and guarantee
Some credit companies offer monthly plans for their services while others offer a pay as you go service. It is important to carefully scrutinize the payment plans as some companies may work at a very slow pace and still charge you monthly recurring fees for services yet to be completed.

Reputation
When hiring a credit repair company, be sure to check their track record and reviews through Facebook, Google, and other review platforms. Look for recommendations and stars that your prospective company might have.

The contract
Make sure to ask for a written contract that explains your rights, fees involved, how the service will be rendered, and all terms and conditions involved. If the company can not give you a written contract, you should consider another alternative.

Firm affiliations
A good credit repair company should have a firm partnership with credit agencies and law firms to be able to effectively render their services. Find out their affiliations before committing to pay for their services.