Are you looking for the best way to fix credit score in order to get better interest rate on your auto loan or mortgage? In fact, there are 3 most common methods that people use to get their credit score fixed. Do they work well? Not all of them though, really! Here’s why:
1.) Credit Repair Services
It’s enticing when you simply just have to pay a credit repair company to fix credit score for you. But the truth is most of the credit repair services including the law firms cannot do everything for you. With that said, you still have to do most of the work yourself.
For example, the credit repair service requires you to personally choose which items to dispute, how to dispute these items and you have to frequently send them info that the credit bureaus send you.
In addition to all the paperwork you have to fill out and get notarized, you also need to request your own credit reports. Since the credit bureaus will only mail all documents to you, not the credit repair company, you will have to constantly copy these documents and send them to the credit repair company.
Besides that, they charge monthly fee for their service. So, if they intentionally prolong the process, you can expect to pay quite a lot of these service fees at the end.
2.) Instruction from the Credit Bureaus
Although credit bureaus do provide instructions to help consumers and don’t charge for a fee, it is not as efficient as you expect.
3.) Do It Yourself
It’s common to see credit repair software sold online, ranging from $97 to several hundreds. However, not all these software products are up-to-date. You need to be very careful before making your purchase. Do some research and check out some reviews to see if there are any complaints about the software.
This kind of software is great If you are very organized, have plenty of free time and know how to follow the instruction, then it can work very well for you.
The above 3 methods that most people use to fix credit score all have their advantages and disadvantages. When you are in tight budget, you can’t afford to seek out help from a credit repair service nor buy a software product, you can always look for the info online and improve your credit score by yourself. It may not be easy at first, but once you have all the knowledge and info, you should have no problem disputing credit report and repairing your credit score without any professional help.