Credit Repair Lawyers - Three Things Credit Repair Lawyers Hope You Never Find Out About Them
A simple search online for the term "credit repair" will bring up literally hundreds of ads for credit repair lawyers.
They all promise to give you a higher credit score for a modest fee.
But its what they are not telling you that you need to be made aware of.
Three Things Credit Repair Lawyers Hope You Never Find Out! #1 It Will Cost A lot Of money- Almost all of the paid services charge a initial set up fee that will average about $75 Then after this initial fee the company will charge you monthly at an average fee of $79.
Calculated out six months of paid credit repair services will cost the average person over $550! Because they are paid on a monthly fee basis they are motivated to take their time to gain as much profit as they can, after all you have no clue what is going on or what they are doing! #2 You Will Still Have To Do Some Work- 99% of all credit repair lawyers are going to have their client, meaning you order your own credit report and give it to them.
They will then ask you to help them decide what accounts to dispute.
Then after all that they will have the credit bureaus send the dispute response letters to your residence.
You will then have to drive,mail or fax these to them.
And keep in mind you are paying them and you will be doing all this extra work? #3 They Have No Real Guarantees- If you read the fine print on most of the contracts that these services provide to clients you will see that almost all of them consider their jobs complete if they fix a single account.
That means if you have 10 accounts that need to be removed from your credit report and they only get one off, they in their minds have done a good job!
They all promise to give you a higher credit score for a modest fee.
But its what they are not telling you that you need to be made aware of.
Three Things Credit Repair Lawyers Hope You Never Find Out! #1 It Will Cost A lot Of money- Almost all of the paid services charge a initial set up fee that will average about $75 Then after this initial fee the company will charge you monthly at an average fee of $79.
Calculated out six months of paid credit repair services will cost the average person over $550! Because they are paid on a monthly fee basis they are motivated to take their time to gain as much profit as they can, after all you have no clue what is going on or what they are doing! #2 You Will Still Have To Do Some Work- 99% of all credit repair lawyers are going to have their client, meaning you order your own credit report and give it to them.
They will then ask you to help them decide what accounts to dispute.
Then after all that they will have the credit bureaus send the dispute response letters to your residence.
You will then have to drive,mail or fax these to them.
And keep in mind you are paying them and you will be doing all this extra work? #3 They Have No Real Guarantees- If you read the fine print on most of the contracts that these services provide to clients you will see that almost all of them consider their jobs complete if they fix a single account.
That means if you have 10 accounts that need to be removed from your credit report and they only get one off, they in their minds have done a good job!
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