Do credit reapir services really work?

Question

LIke services like Lexington Law or DSI solutions? I have credit issues and if I can pay someone to fix those issues so I can get a house I would deffenitly be willing to do so, but I dont want to jsut hand over money to them and have them do nothing for it. Anyoen that knows anything of them would be a great help. Thanks everyone!

Answer 1

They work but they usually string you along for 13 months or much longer in order to make more money off of you.  To get a house quicker, consider the following:  I would recommend 2 things: 1) a very low cost (possibly free) credit repair program to try to have the negative items removed. 2) I would add a tradeline program to boost your score quickly (60 days or quite possibly less). A friend in California used this and got a 120 point bump from 560 to 680. There has been a lot of disinformation by Experian saying these authorized user programs do not work. Check out the source news link for an article from July 30th that has them admitting it still exists. My friend in California went through www.totaldebtsolutionsllc.com and filled out their free evaluation form to get the ball rolling. Good luck.

Answer 2

No one has "insider" knowledge to take accurate negative info off your credit files....so don't waste your time. There is, however, one trick that "may" help to remove negatives from your credit files. You don't have to pay anyone to do this. The following is exactly what Lexington Law would do....you can do this by yourself, for free:

Per the Fair Credit Reporting Act you have the right to request written validation of negative entries on your credit files. Per this law they must validate the item(s) within 30 days or remove them from your credit file. Mail a letter via certified mail with return receipt to all three credit bureaus (Equifax, TransUnion & Experian). Include a photocopy of your driver's license and social security card...If you don't include these, they may write back requesting them, which would slow the process down by several weeks. For each negative item, write a separate letter and simply include the phrase:

Per the Fair Credit Reporting Act, I am requesting written validation of this item.

Do this one at a time for each negative entry....DO NOT request validation for all items at one time.

There is NO guarantee that this will work....It may give some decent results. The worst that can happen is that all negative items come back verified.

Answer 3

Here is the bottom line: There is nothing a credit repair company can do to fix your credit that you can't do yourself. Save your money and repair your credit yourself.

With that said, if you plan to use one, here are the things you should know.