Has anyone used a Credit Repair/Restoration Company?

I was referred to a Credit Restoration Company and they sounded pretty honest. However, I wanted to know if anyone else has had any experience with a Credit Repair Company or any advice on finding the best one. What kind of results did you get? Were they permanent? I know self credit repair is the best however I don't have the time or know much about the whole Credit/Credit Bureau process or Laws.

Public Comments

1. I would strongly suggest you not do this. I know you say you don't have time, but you can get letter templates to use and it won't take that much time. Credit repair companies are a rip-off. They do exactly what you would do on your own except they charge you a lot for it. Keep your money and read www.creditboards.com forums to learn what to do. You should also read the FCRA and the FDCPA to learn your rights as a consumer. Good luck! pf101
2. Not sure read some tips and articles on this site on how to rebuild credit
3. DO not use them! You trash your credit by using them and some actually rip you off. Banks / mortgage companies will consider you bankrupt for up to 10 years after using CRC s. Go visit DaveRamsey.com learn to get your self out of slavery by your own boot straps. Credit repair is an oxymoron. Wealthy people do not do credit - read Millionaire Next Door
4. BEWARE!!! most ar thieves that will ruin your credit! leaving you worse off than you presently are. there should be free clinics in your state, but i don't know how to find them... i'm doing my own myself... if they offer to negotiate and make your payments for you, And all you have to do is pay the service a set amount, RUN! if they charge outrageous fees, RUN! i cannot stress enough how many people have been literally ruined by good sounding offers... again find the state sponsered free clinics; or... you could pay me... i like money!
5. Do it yourself for FREE...go to creditboards.com and learn like crazy, get armed to fight for your rights