If you’re interested in repairing your credit, it is possible to establish a plan and work at creating a more positive credit score for yourself. Choosing credit repair services will often yield faster results however and a more proven plan for establishing a better credit score. Here are some of the costs which are associated with credit repair.
Taking a DIY Approach
Choosing to repair your credit all on your own is a completely free option but the only downside to choosing this option is that you’ll have to regularly obtain copies of your credit report, you have to call your creditors and regularly report back with the three main agencies at least once every 12 months. Reviewing this information can take extensive research especially if you’re not an expert and the real costs associated with DIY credit repair is your time.
Credit Repair Software
This a variety of software and services online that can help you use a series of menus to establish a plan for your credit. You input your information and then you’ll get access to reports and methods that can be used to repair your credit. The only problem with using software or online tools is that you can put your data at risk and the cost ranges between $50 up to $500 depending on the type of software in use.
Full-service Credit Repair
Full-service credit repair companies are often the most efficient choice for improving your credit. Most of these companies will offer a free consultation and then a monthly fee as long as you’re using the services. It might also be possible that you could work with a company that offers a flat fee service for their assistance. Most flat fee services can cost a maximum of $500 or a minimum of $100. Monthly charges range from $50-$150 but with the full-service approach, you will have access to expert advice, someone that can represent you, and the most efficient way that you can repair your credit.
Keep some of these costs in mind if you are working to improve your credit.
This post was written by Kristian D’An, owner of Lux Credit LLC and CCA board certified credit repair specialist. Lux Credit offers credit repair services for those looking to improve their credit! Click here for more information.