What is credit repair?

Credit repair is the process of fixing and improving poor credit history that may have deteriorated for a variety of different reasons.

How does credit repair work?

Credit repair companies work with the credit bureaus and your creditors to challenge the accuracy of negative items that affect a credit score. Most companies will only “dispute” items on your credit report. This is something you can do on your own. Professional credit repair will involve attorneys and a detailed audit of how your accounts are reporting.

Should I hire a credit repair company?

Credit repair isn’t for everyone. Some companies will enroll customers regardless if they’re a good fit or not. You might not need to hire a company. At Phenix, we offer a detailed credit analysis to determine the best plan for your individual needs – no obligation.

Can a credit repair company really help?

Yes, attorney-backed credit repair companies can save you time and ensure you’re doing things right by helping you identify and gather the evidence needed. Not all credit repair companies are created equal. At Phenix, we only take clients we are confident we can help.

How long does it take to repair credit?

If you’re a good candidate, credit repair can take as little as three months to as long as a year. It depends on how negative accounts are reporting on your credit.

How much does credit repair cost?

Credit repair ranges depending on the company. Companies that do what you can do for free (dispute accounts) will charge $99 – $500. If you’re a good fit, attorney-backed credit repair can range from $1,000 – $3,000. It’s always a good idea to get a free credit analysis to see what your options are.

Attorney-Based Credit Repair Austin TX

Name: Credit Repair
Brand: The Phenix Group
Rating: 4.9 (60 reviews)

Improve your score without the hassle
Remove damaging collections, bankruptcies and charge-offs
Get approved for the loan you want

Get in touch to start repairing your score today!

HERE’S WHAT YOU GAIN FROM CREDIT REPAIR

You don’t have to leave the Tar Heel State to improve your credit score. Our unwavering commitment to helping people reverse poor credit and realize financial security has inspired us to design personalized and attorney-based credit repair in Austin to help you find success.

Purchase your first home

Own your dream car

Get a business loan with a low interest rate

How is Credit Calculated?

The scoring standards come from FICO®, a formula used by credit card issuers, lenders, and other creditors to evaluate how likely it is that you’ll pay your bills on time and in full. When assessing your credit risk, the FICO® system conducts an audit of your payment history, debt ratio, length of credit history, new credit, credit mix, and accounts owed, to calculate a number between 300 and 850. If you reside in the Austin metro area and are dealing with poor credit, there are a number of credit repair solutions designed to give you financial freedom that tastes as sweet as all the charcoal-glazed-barbecue that Austin Texas cuisine has to offer.

Having bad credit doesn’t mean you need to carry around the stigma of being irresponsible. Unforeseen life events, such as a medical procedure that delivered a mountain of bills, can happen to anyone and cause financial hardship. Even mistakes from our youth can follow us into adulthood and negatively impact our credit scores. Despite how you arrived at your current score, our credit repair Austin services will ensure you continue to cheer on the University of Texas Longhorns and be greeted by Stevie Ray Vaughan’s glorious bronze statue.

Free Consultation

THE CREDIT CONDITION IN AUSTIN

Austin, dubbed the Live Music Capital of the World, is becoming one of the fastest-growing metro regions in the U.S. While the impressive music scene, booming job market, and lip-smacking Tex-Mex options may help the local economy prosper, it’s also causing a surge in real estate pricing and living expenses. With the median price of a single-family home now selling above the national average, it’s no wonder that Austin residents are averaging a low credit score of 682 and why they need credit repair. The home of SXSW pales in comparison to surrounding cities like Georgetown, TX, with a score of 724 and Cedar Park, with a score of 716. There’s a need for credit repair in Austin.

free Analysis

THE Fallout From Bad Credit

From an unforeseen layout to mishandling your credit cards, just a few financial mistakes and lead you down a risky path – one that brandishes you with a poor credit score. It can happen to even the most organized, financially responsible individuals. Because, as we all know, life can throw curveballs at us when we least expect it. Managing a mountain of bills while a debt collector attempts to hunt you down for unpaid funds is no way to live.

Whether you’ve filed for bankruptcy or you fell way behind on mortgage payments, these types of errors can cause your financial health to plummet. With a poor credit score, creditors and lenders will see you as a high-risk borrower and can either refuse to do business with you or charge you astronomical interest rates. Rather than endure the stress of financial instability, The Phenix Group can help you find a solution and improve your credit score.

Common mistakes that will lead to needing credit repair

Habitually late on payments
Filing for bankruptcy
Having an account charged off
Defaulting on a loan
Closing old lines of credit

Get In Touch For Credit Repair in Austin!

Free Consultation

WHAT OUR CLIENTS
HAVE TO SAY ABOUT US

As a Loan Officer with 15 years in the business, I would recommend The Phenix Group to any LO who is looking to take their business to the next level, you won't be disappointed. Besides their insanely awesome Credit Gangster Ninja moves, they legitimately care for the client. They will treat each and every referral like family and guide them through the process, and make it easy and simple to understand and follow. I have been working with them for the past two years and they have drastically changed my business. I have a consistent pipeline of clients who might not otherwise have had a chance at realizing their dream of homeownership.

April 20, 2018

I am a top producing residential lender and have worked with Joe and his team for 4+ years now. At the high volume I do, I pull many credit reports where the clients are not quite there with qualifying credit scores. Joe and his team have been excellent at giving me and my clients realistic timelines, clear communication, and the most important part - RESULTS. The Phenix Group has been able to remove items that other credit specialists have not from the reports, boosting scores, and helping me approve their loan while giving them a better interest rate. My clients have enjoyed working with the Phenix Group as it can be a grueling process with credit repair, but this team makes it easy.

Jana Grace April 20, 2018

All I can say is thank you! These guys are the real deal. Before I worked with Phenix, I got denied for a house because of my credit. After just a few months, I now qualify for a home and will probably go refi my car too. Thank you so much guys, I will recommend everyone!

Erin Montano Portland, Oregon April 19, 2018

The help and advice that The Phenix Group has given not just me but my family, is priceless. Im 26, have 2 kids, a wife, and now our very first home. No more apartments, annoying upstair neighbors, no more RENT!!! If you are looking for someone who cares about what they do for a living, The Phenix Group is the company for all your credit repair needs.

Stephen Shumway Mckinney, Texas January 27, 2018

←

→

AUSTIN Credit Repair

As a legally compliant Austin credit repair company, The Phenix Group strives to deliver timely and personalized solutions for those facing the harrowing challenge of having a poor credit score. We get to help our clients take important, life-changing steps to improve their credit score and achieve the goals they set out to fulfill. There’s no feeling more rewarding than the gratitude we receive from those whose we’ve worked with. Knowing their lives were drastically altered for the better through the care and personalization we gave towards their credit challenges is why we do what we do every day.