Credit score is an important indicator of customer reliability to lenders, car dealers and landlords. Low scores stand in your way, denying you that low-interest loan. Credit repair companies can help. They can undo inaccurate and damaging information from your credit report, driving up your score. But it’s important to know which companies you should trust. Our partners at ConsumerAffairs researched the best credit repair in Denver.
One in five Americans has inaccurate, unfair or unverified information on their credit report, which can negatively impact their score. Credit repair companies can help consumers find and remove these mistakes from their report, putting their score back on track.
A low credit score impacts big financial decisions, so if there are mistakes on your report, you may have trouble with:
Purchasing a home or refinancing your current mortgage. In Denver, buying a house is a competitive process. Having a low credit score can hurt your chances of getting the home you want.
Completing a rental application as landlords often run a credit check
Applying for a new job since some employers check your credit history
Making large purchases that require a credit check, including a car or boat
Getting a better interest rate on new credit cards or loans
Receiving a higher limit on credit cards
Getting credit repair services in Denver
In Denver, the average credit score is 687, consistent with the national average and scores across the state of Colorado. If you’re looking to improve your credit score, credit repair companies in Denver can remove questionable negative items from your report, while also monitoring your score and alerting you of fraud.
A credit repair company can help remove the following items from your credit report if they are inaccurate or can’t be verified by the creditor:
Accounts in collection
The process varies with each individual’s needs and the types of items that need to be removed. Commonly, people can expect to start seeing improvements within one to three months. Most credit repair companies in Denver offer a free consultation.
Once you choose a company, the process is usually pretty simple:
The company obtains credit reports from the three major credit bureaus: Experian, Equifax and TransUnion.
They contact any creditors and the credit bureaus to remove incorrect information on your report.
Many companies provide long-term credit monitoring and tips to improve your score.
Avoiding credit repair scams
While the idea of improving your credit is appealing, you’ll need to watch out for scams. First off, no one can legally remove information from your credit report unless the information is inaccurate or has expired. So, if you have poor credit and your report is accurate, a company may be able to provide helpful strategies for improving the score, but they can not simply delete it. Any company that claims they can delete everything is a scam.
Because credit repair scams are common, the Federal Trade Commission warns consumers against companies that:
Require payment before any work is done
Direct you not to contact the credit reporting companies
Advise you to dispute accurate information in your credit report
Advise you to give false information on your applications for credit or a loan
Before choosing a Denver credit repair company, make sure you understand the process of repairing your credit, the reputation of the company and any fees required.
Since 1991, Lexington Law has helped consumers keep up with evolving credit laws. New customers can take advantage of the free credit repair consultation. They can track their case online and call or email paralegals with questions. Denver customers report courteous service when receiving updates, but noted frustration with cancellation fees.
Credit Saint provides free credit consultation to new customers and a full refund to those who don’t see negative items removed from their credit report in 90 days. Each customer is assigned a team of specialists to update the status of their case each month. Customers in Denver report good results and a responsive team.
The Credit Pros includes credit monitoring in their service, spotting any false information that negatively impacts your credit score. The team also provides personalized, easy-to-read credit reports and score insight along with tips for taking the next step to improve your credit score. Denver customers loved the positive results and reasonable prices.
Our partners independently research and analyze the companies mentioned in our guides and work with subject matter experts to add valuable information that helps consumers make smart purchase decisions. Our partners will not include companies on these guides that do not meet specific quality standards. The compensation we receive from our partners may impact how and where companies appear on our site, including the order in which they appear.
Our partners independently research companies, and use editorial discretion to award companies with special recognition (i.e. Best Value) based on their staff’s judgement or subject matter expert’s judgement. Our partners do this to help you identify companies that will meet your specific buying needs, and do not receive compensation for these designations.