Your credit score determines your financial standing and is greatly affected by how much money you borrow and how effectively you pay off your debts.
But keeping a track of your credit score and making sure it doesn’t fall off the fences isn’t something everyone is capable of—especially if you have don’t have the background or understanding of finances. Just one little mistake could impact your credit score and jeopardize the terms and conditions of your loan agreement.
That’s where credit repair services step in. They help you keep your credit score in check so you can improve your financial standing.
But what makes a great credit repair specialist? Take a look at some of these questions you should ask before hiring a credit repair agent.
What can they do to restore your credit?
For someone who doesn’t know how a credit repair service works, this is one of the most important questions to ask if you want to inquire about the company’s services.
You should start by asking about whether they cover mortgage derogatory marks, collections, late payments, bankruptcies, student loans, identity theft, and judgments. This will help you assess whether the services you’re paying for are worth the money or not.
Do they have fixed programs?
A few credit repair companies have a monthly program through which they further their incentive of keeping you on the hook. The purpose of hiring a credit repair service should be to avail their services so they can help you get rid of any financial crisis immediately.
So, the answer you receive for this question will help you assess whether the company has an incentive to delay your program or provide you efficient and prompt services.
Do they offer a guaranteed score improvement?
Any unqualified credit repair agent will turn on their salesperson charm to promise you that they will guarantee an improvement in your credit score. This is a trick question and will help you identify a real expert from a fake credit repair agent as it’s illegal to guarantee a client that they will see a specific improvement in their score.
You can assess the company’s success rate on your own by going through online reviews of their services. You can also ask for their references that may be more helpful in giving you a detailed insight compared to customer review sites.
What is the time frame in which you can expect to see an improvement in your credit score?
While each case is unique, a good credit repair agent should be able to give you a definitive time range after a preliminary consultation and a brief overview of your case.
You can also inquire about their consultation plan for the month and how they want to go about tackling your financial issues to improve your credit score.
If you’re looking for an expert credit repair agent that ticks all these boxes for you, get in touch with one of the leading business credit repair services in Fullerton. 007 Credit Agent is a renowned credit repair company that has helped countless individuals improve their credit score by getting rid of erroneous negative items from their track record.