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How to choose the right credit repair company Look out for false promises. Check for Credit Repair Organizations Act (CROA) compliance. Read customer reviews. Check the regulatory agencies. Compare fees and prices. Look for personal finance tools.
A a credit consultant helps a consumer with credit repair, typically through bill settlement and debt management. Duties include reviewing revenue for a customer and creating a plan to help them manage or pay off debt.
A credit repair company is a third party, which may also be called a credit repair organization or credit services organization, that attempts to remove inaccurate and unverifiable information from your credit reports in exchange for payment.
A credit consultant is a type of financial advisor that helps a consumer with credit repair, typically through bill settlement and debt management. Qualifications vary, but most employers expect a bachelors degree in finance or a related subject.
Credit repair companies cant request or receive payment until they deliver the promised results. Depending on the company, you might pay a one-time flat fee, or pay for each derogatory mark the company removes from each of your reports. This may start around $35 per deletion and could range to $750 or more.
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As of Mar 12, 2025, the average hourly pay for a Credit Repair Specialist in the United States is $23.36 an hour.
Credit repair companies work on your behalf to improve your credit score by removing inaccuracies from your report in exchange for a fee. But these services are not a cure-all solution, and you can work to improve your own credit without hiring a third-party company.

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