Reader question: I need to fix my credit score and I’ve heard about credit repair services, but I’ve heard they can be a scam. Are there any that work?
Answer: It depends on your credit situation. If you legitimately have negative information on your credit report that is accurate, credit repair services may not be able to help. Credit repair services are best when used for disputing errors on your credit report or contesting information that may be easily removed or negotiated off your report.
On the plus side, most of the top services offer a money-back guarantee if you aren’t satisfied, so you can try them out first. Just make sure you understand the terms of the guarantee before you sign on the dotted line.
These are the best credit repair services that we found, and they all offer some sort of guarantee:
Best Overall (Least Expensive, Best Guarantee): Sky Blue Credit Repair
Sky Blue is the most affordable and reliable credit repair option that we looked at. Sky Blue has streamlined their credit repair service so that they offer strictly credit repair (like fixing mistakes on your credit report, good-faith letters to your creditors, etc.) and don’t include extras that raise the price like other credit repair companies.
Price: $59 to start, $59/month after
BBB Rating: A+
Guarantee? Sky Blue is one of the only credit repair servies that offers a full 90-day refund no matter what the reason. You can sign up for Sky Blue Credit Repair here or call (888) 534-1510 to talk to a live person.
Best Reputation: Lexington Law
The best part about Lexington Law is that it is an actual law firm that specializes in credit law, which means they know what they are doing when dealing with lenders. Lexington Law has been around longer than most other credit repair services and includes all of the bells and whistles that come along with their credit repair plan, including a guarantee.
Price: $99.95 to start, $59.95/month after (for cheapest plan.)
BBB Rating: A
Guarantee? Lexington Law doesn’t charge you anything until they’ve completed all the work that they agreed to. You can check out more about Lexington Law here or call (844) 259-3376 to talk to a live person.
Cheapest Credit Repair: Ovation Credit Repair
Ovation offers the cheapest credit repair at $49 a month. The initial payment to get started in $89, and the monthly price includes your own personal advisor, unlimited bureau disputes, as well as dispute management. For $69 a month, you can get the Essential Plus program, which adds services like unlimited validation and goodwill letters to help you improve your credit.
Price: The Essentials Program is $49 a month, $89 to start; The Essentials Plus Program is $69 a month.
BBB Rating: A+
Guarantee? Ovation has a similar guarantee to Lexington Law; if they don’t do the agreed upon work for the month, you get a refund for that month. You can check out Ovation here.
Best for Credit Report Monitoring: CreditRepair.com
CreditRepair.com actually has a relationship with TransUnion, so they can actually pull your credit score for you, which is extremely helpful. They also have an “A” rating from the BBB. The only downside to CreditRepair.com is the cost. They charge $89.95 a month, although they don’t have an initial fee like most other credit repair services. With the $89.95, you get your standard credit repair services, as well as monthly credit monitoring, a score tracker and analysis, mobile apps and text and email alerts.
BBB Rating: A
Guarantee? CreditRepair.com offers a guarantee if they don’t complete the work that you agreed upon. Sign up for CreditRepair.com here or call (844) 764-9863 to talk to a live person.
Honorable Mention: Credit Assistance Network
Credit Assistance Network amazingly has had no complaints from the BBB over the past 4 years, which is pretty unheard of, especially for a credit repair service. They also offer an extremely personalized credit repair experience, with actual agents holding your hand along the way during the process. They also offer two pricing plans, depending on how much repair you need. There is a $49/month plan (which has a $49 initial fee) that includes the basic credit repair services. You can also sign up for their $139 a month plan (which has a $399 initial fee) and that includes access to an online portal that tracks the progress of your account, identity theft resolution assistance, goodwill letters sent to your lenders and credit building tips.
Price: $49 to start, $49/month after (for cheapest service)
BBB Rating: A
Guarantee? Yes, Credit Assistant Network offers a performance guarantee, although I’m a little unclear on what that means. You can sign up for Credit Assistance Network here.