As you look into how to fix a bad credit score, you may be wondering whether or not it’s worth hiring a company that helps you raise those numbers. Between the credit restoration cost, the company’s reputation, and the type of work they’re able to do, you have a lot to think about.
Here is some information that should help you decide whether it’s worth paying the average credit repair cost for these types of services.
What Do We Do?
At The Phenix Group, we work to remove negative or false information from your credit report. Over time, this will help to increase your score. We also offer credit education, which we believe is one of the most important and beneficial services we offer. With the right financial information in your back pocket, you’ll be able to make more informed decisions about your borrowing habits and repair any damage done to your credit score.
Where Do I Start?
To start repairing your credit, you need to know where you currently stand. Thankfully, there are plenty of places online that offer this information. In fact, there are so many that you’re probably asking yourself, which credit report should I get? We offer free credit reports with our repair services, so don’t spend extra money on a random website.
For example, you may have heard of websites like CreditKarma, which offer free credit reports. This might be tempting, but we recommend avoiding using these tools because they often also offer loans for their members. Applying for loans can lower your credit score, setting you back in the credit repair process.
What Don’t Credit Repair Companies Do?
There are a few things you shouldn’t expect credit repair companies to do for you. We will not lie to the bureaus on your behalf–this would be illegal. We will not claim that information is inaccurate if it isn’t. We also can’t get information removed from a credit report that is timely and verifiable.
Making Decisions on What to Do
We believe working with a reputable credit repair company is 100% worth the expense! In addition to doing work that you may not have the time to do yourself, The Phenix Group educates you on how to prevent another poor credit score from happening in the future. We won’t just get your numbers up–we’ll help you keep them up for the long term.
Many credit repair companies charge for various components of the process, such as client setup, credit reports, analysis, and education. The Phenix Group doesn’t charge for any of these additional services, so working with us ensures that you’ll get the most out of your hard-earned money.
Our program pricing is created on a case-by-case basis because each client receives an individualized program. No two people’s credit history looks exactly the same, so neither should any two repair strategies. Contact us today for a free consultation and to find out if credit repair is the right choice for you!