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Credit Repair FAQ

'What's the difference between credit repair and debt consolidation?'

A credit repair company specializes in helping the consumer remove inaccurate items from a credit report using the credit report dispute process to achieve this goal.

A debt consolidation company helps repair your credit by working out payment plans with creditors and getting interest rates reduced or eliminated by arranging an acceptable payment plan for those debts.

Knowing the difference between credit repair and debt consolidation is important.

Learn about your rights as a consumer.

Important Tips

After you emerge from your credit management scenario, Investing is the first step towards financial freedom. Learn more about investing at EpicFinances.com.

Credit Repair Companies

Credit Repair Companies Find your credit repair and restoration company through our comprehensive directory of credit repair service companies. Full United States directory of top credit repair services.

A popular question when a person is considering credit repair or restoration is 'What's the difference between credit repair and debt consolidation?'

Credit repair comes in many forms. First, their are credit repair services that specialize in confirming the validity of items reported on your credit report. These credit report repair services know the ins-and-outs of the credit reporting system and can force a company to prove the validity of the debt, and its delinquency, as reported on your credit report. Additionally, credit repair agencies put pressure on the creditor to respond to the official legal requests in a timely manner as required by law. If the creditor misses a deadline, fails to prove the validity of the debt, or fail to show the debt was delinquent, the item can be removed from your credit report. It's important to note that not all negative credit report items can be removed. If the debts valid, the delinquency is valid, and the company meets its legal standards to prove the dispute, the item will not be removed. No credit repair agency, or group of credit repair lawyers can remove a valid, proved, reported item. Be wary of any company that claims that they can remove all negative items without exception.

A debt consolidation company is a company that negotiates a payment plan for your delinquent debts. They can have your interest rate reduced, or eliminated, and can act as your credit representative during your negotiations with the creditor. While debt consolidation can help repair your credit, it's important to note that this is not the same service as offered by other credit repair agencies. Debt consolidation companies, for example, are Consumer Credit Counseling Service (CCCS).

To determine which service you need, you'll need to ask yourself if you are challenging the existing credit report, in which case you'll want a credit repair service, or do you want to find a way to pay your existing debt with your creditor in which case you'll want to go through a debt consolidation service.

Credit Report Problems

Credit Report Problems handle claims involving credit report errors, fair debt collection practices, identity theft and other consumer fraud issues. We want to make certain the information in your credit report is reported correctly.

http://www.creditreportproblems.com

Free Credit Score.com

FreeCreditScore.com is an Experian company and is the #1 provider of online credit products for over 10 years. They offer 3 flagship products: Credit Score Alerts, Credit Score Center, and Credit Score Estimator. With Credit Score Alerts you'll find out when your score changes which will help you get the best interest rate for a loan. The Credit Score Center helps you understand how your credit score is calculated and explains the factors involved in calculating your score. The Credit Score Estimator allows you to plan your credit future. You'll know the best time that you should apply for credit and you can get your timing just right. Highly recommended and trusted company.

Lexington Law

Lexington Law has been helping people with credit repair since 1991. They operate in over 16 states and continue to branch out to other states. Lexington Law has removed over $1 million negative claims on their clients credit reports. They have 22 attorneys along with over four hundred paralegals and assistants helping their clients clean up their credit. They strive to keep their services affordable by easy monthly payments and a one-time fee that is not billed until their work is finished. They have excellent customer reviews that rave about their professionalism and service. Using Lexington Law is a benefit because they understand your legal rights and now how to correctly apply pressure and use methods that effectively result in success.

Equifax Credit Restoration

Debt Wise is the newest service offered by Equifax Credit. It is an easy online program that helps customers pay down debt. They start by pulling a credit report and leaves room to add bills that are not on the credit report, like a personal loan. Then it launches into the Fast Pay Plan to help you figure out your payment plan. It works by targeting one bill at a time. Instead of paying a bill slowly, you pay it quicker and have a plan to stay on track. The service has daily monitoring of your credit score, identity theft protection, and 24 hour customer assistance. They also pull your full Equifax Credit Report and Score four times a year, giving you explanations and ways to help improve your credit score. You can be on your way to paying your debt down in as little as 10 minutes.

Sky Blue Credit Repair

Sky Blue Credit Repair has been helping to repair credit since 1989. They offer 50% discount for spouses. This makes it easy for families to fix their credit scores together. They have an unconditional guarantee that the customer will be completely satisfied with the results. They offer an easy flat rate fee and have an easy cancellation policy. Sky Blue Credit Repair offers unlimited credit disputes, unlimited debt validations, and can be activated within minutes. They have earned the Fair Reporting Act Certification and are a member of the Better Business Bureau. Sky Blue operates nationwide and operates ethically and professionally. They understand the state and federal laws to offer you the best service possible. They have tutorials, tips, and other information that gives clients the tools and knowledge to succeed.

Ovation Law Credit Repair

Ovation Law Credit Services is a company founded by attorneys. They have the expertise to maneuver through the state and federal laws that regulate credit.Ovation provides education on reading credit reports, understanding your score, and how to get better results on your score. They have 100% service guarantee and are members of the Better Business Bureau. Ovation provides quick results and individual attention to provide the best service possible. They strive to remedy your credit disputes with personal attention. Ovation provides unlimited disputes, they also provide proactive assistance in identity protection. If you have late payments, collections, charge offs, bankruptcies, judgments, liens, inquiries, foreclosures, and more that you need help with, they have the tools to assist you.

DSI Solutions

Our six-month credit repair program is reported by many as the fastest and most affordable service available online for the past 2 years straight.

Credit Assistance Network, Inc.

Depending on your unique credit situation, their strategy will change according to your situation so it's crucial to discuss your credit scenario and your personal credit goals. One of their credit repair analysts will provide a thorough analysis and advisement and discuss the results with you. Some of the areas they specialize in are negative credit reportings, credit scoring, how to get good credit, managing debt and advice based on your short-term and long term credit goals.

Credit Counseling

Financial freedom is just a phone call away. Learn more about Credit Counseling at New Horizon Credit Counseling Services Inc., a non-profit credit counseling organization.

TIP: Using Short Term Credit

Always use short-term credit responsibly. A payday cash advance is a short-term arrangement to help you meet your expenses. First, there are faxless payday loans which are paid back with a future paycheck and requires no fax machine to apply for the the loan. Other short-term loan types are title loans, where you use your car as the securing agent, and pawn shops where you can use valued items to receive short term loan monies. Generally, short term loans have higher interest rates with the expectation that the monies will be paid back in a short period of time.