Should You Use a Credit Repair Service?

Get Car Financing
Even with poor credit.

By

Megan Foukes is a recent graduate from Indiana University who graduated with a bachelor’s in journalism. Megan works as a content writer for Auto Credit Express and contributes to several automotive and finance blogs.


, - March 30, 2018

Credit repair services can be a great resource if a consumer needs extra help rebuilding their credit, but they aren’t free.

What Do Credit Repair Services Do?

Before using a credit repair service, it’s important to know exactly what these companies can and can’t do. The main purpose of these services is to help credit-challenged consumers keep their credit reports accurate and up to date and dispute and remove negative items.

Be aware that these companies won’t be able to remove every negative mark on a consumer’s report. If a service claims it can, make sure they’re not a scam. If a service encourages a consumer to commit fraud or do anything illegal, like obtaining an employer identification number to boost their credit, it’s best to avoid them. A trusted credit repair service won’t encourage illegal behavior.

Doing it on Your Own

If a consumer is unsure about paying a service for advice, they can take action to repair their credit themselves. A consumer is entitled to a free copy of their credit report every 12 months from the three major credit bureaus – Equifax, TransUnion, and Experian – and they can purchase additional copies for a small fee.

When a consumer pulls their report, they should double check for any errors and file a dispute to the correct credit bureau.

To make the dispute process faster, the consumer should contact the credit bureau directly and file the dispute. The credit bureau must investigate and fix the error within 30 days of the filing date. But if it fails to complete the investigation and respond after 30 days, according to the Fair Credit Reporting Act, the credit bureau must remove the negative listing from the consumer’s report.

Bottom Line

It takes time to rebuild poor credit. Credit repair services can help, but know that you can also do these things on your own. If you’re in the process of rebuilding your credit and are looking for a car, CarsDirect wants to help.

We work with an extensive network of dealers who have the resources to help people in many types of credit situations. Let us guide you toward a local dealer. Fill out our no-obligation online auto loan request form to get started today.

Need a Car Loan?

It only takes a minute.

Megan Foukes is a recent graduate from Indiana University who graduated with a bachelor’s in journalism. Megan works as a content writer for Auto Credit Express and contributes to several automotive and finance blogs.


Loan approval is not guaranteed and is subject to credit application and approval of the lender. Individual loan terms may vary. Use of this website constitutes acceptance of CarsDirect.com's Terms of Use, Disclaimer, Privacy Policy, and Cookie Policy.