Product Overview of CreditRepair.com
CreditRepair.com is a professional credit repair service designed to help consumers improve their credit scores by correcting inaccurate or outdated information on their credit reports. Here’s a detailed look at what the service does and its key features.
What CreditRepair.com Does
CreditRepair.com works on behalf of its clients to ensure that the information on their credit reports is accurate, fair, and verified. The process begins with obtaining credit reports from the three major credit bureaus: Equifax, Experian, and TransUnion. The company then analyzes these reports to identify negative items that could be challenged, such as errors, inaccuracies, or unverifiable information.
Key Features and Functionality
Credit Report Analysis
- CreditRepair.com gathers and analyzes your credit reports, breaking down each report into an organized format to help you identify items that need to be challenged or updated.
Customized Game Plan
- The company creates a personalized action plan based on your specific credit goals and preferences. This approach ensures that each client receives a tailored strategy to address their unique credit situation.
Dispute and Challenge Process
- Credit repair consultants work directly with the credit bureaus and creditors to challenge questionable negative items on your behalf. They escalate challenges as necessary to ensure your consumer rights are protected.
Service Packages
- CreditRepair.com offers two main service packages:
- Value Package: This package includes bureau challenges, inquiry assists, goodwill intervention letters to creditors, and quarterly credit score updates for $49.95 per month, plus a first-work fee of $49.95.
- Advanced Package: This package includes everything from the Value Package, plus monthly credit score updates, more bureau challenges, more creditor interventions, and cease-and-desist interventions for $119.95 per month, plus a first-work fee of $119.95.
Additional Features
- ID Theft Insurance: Included in the service to protect against identity theft.
- FICO Score Updates: Regular updates on your FICO credit score to track your progress.
- Creditor Interventions: Direct communication with creditors to resolve issues.
- Cease-and-Desist Interventions: Letters sent to creditors to stop unwanted communications.
Educational Resources
- CreditRepair.com provides an educational library with articles and resources to help you understand credit and credit repair. This includes tools like score trackers and analysis planners to guide you in maintaining a strong credit score.
Monitoring and Alerts
- Clients have access to a personal online dashboard and mobile app to monitor their credit reports and scores in real-time. They receive email and text alerts for any changes or updates to their credit reports.
Customer Support
- Dedicated member advisors are available to help navigate the credit repair process. Support is accessible via phone, online chat, and email.
What CreditRepair.com Does Not Provide
- CreditRepair.com does not offer money management tools, debt settlement, or credit counseling services. It also cannot challenge accurate negative marks on your credit report or guarantee an increase in your credit score, as per the Credit Repair Organizations Act.
In summary, CreditRepair.com is a comprehensive credit repair service that offers a customized approach to improving your credit score by challenging inaccuracies and providing ongoing support and education. Its user-friendly dashboard, regular updates, and dedicated customer support make it a viable option for those seeking professional help in credit repair.