Credit Repair Companies and How They Work
Studies have recently shown that 56% of consumers have bad credit. If you’re part of the 56%, there’s help available. It can be hard to improve your credit on your own, but thankfully, some companies can help repair your credit. Before you decide to hire a credit repair company you should know how they work.
The first thing a credit repair company will do is obtain a current credit report. The Federal Trade Commission did a study in 2012 that found that one in four people had an error on their credit report that was affecting their credit score and history negatively. When it comes to your credit history, you want everything to be 100% correct.