How Do Credit Repair Companies Repair Your Credit?

A credit score measures an individual’s creditworthiness, or how consistently they repay their bills. Having positive credit is a sign that you’ll pay back your loans on time, but having a low credit score means the opposite. Businesses will be hesitant and unwilling to offer credit cards or loans to you, and it will make apartment owners less likely to provide you with a rental. That’s why credit repair services in Philadelphia are hard at work helping with credit report repair. These are the ways they’ll go about fixing your credit report.

Find Credits to Dispute

The first step credit repair companies take toward fixing your credit report is looking through your credit report from the three bureaus of credit: Equifax, Experian, and Transunion. A credit repair company’s experts will search for any discrepancies or negative items, such as inaccurate or duplicate accounts and errors. While they can address any mistakes made by you or your bank, they cannot outright eliminate poor credit history. Instead, their analysis is done to find errors that can be corrected and ensure that credit report repair is possible.

Challenge Credits

After spending time searching for derogatory marks on your credit from all three bureaus, credit repair companies will begin issuing statements to dispute negative credit they discover. They’ll document every error or inaccuracy they come across and send their findings to the bureaus for investigation. Credit repair companies will request validation of each claim to ensure their legitimacy; if the credit bureau cannot verify a claim, they must remove it. In the event the claim is inaccurate, then it will be eliminated. These solutions can lead to credit report repair but know that results won’t appear instantly. With the Fair Credit Reporting Act, the credit bureau has 30 days to address any reports they receive, meaning it may take a month or longer to see results.

Offer Professional Help 

While fixing your credit report repair is possible without using a credit repair company, there are many advantages to utilizing one. There are numerous specific and complicated details that are easy to miss, and a team of professional advisors can help sort out the confusion. Additionally, the process can take time due to the complex analysis and disputation process, so having an experienced credit repair company at your side can help take a load off your shoulders. At the same time, you can focus on work and other personal and professional endeavors.

Find Ways to Restore Credit Rating

Fixing your credit report isn’t just about removing poor credit but establishing good credit as well. Companies can help construct a plan to help you manage your credit card debt as well as offer continual advice on making sound financial decisions to avoid future credit issues. One recommendation they might suggest includes opening up new accounts, which can provide positive information to your credit report.

If you’re searching for the best credit repair in Philadelphia and the surrounding area, check out for more information on the services our agency offers.