Using a Credit Repair Service and its Cost
If you want to take the route and use a credit repair company, we will go over the expectations of what it should cost on average. But first the advantages. They will do everything for you. And they will put you in their portal so you can track your progress easily. So, if you don’t have a lot of time on your hands or the expertise, there is a big advantage for using a service.
With that being said, the average monthly fee to get into a credit repair program, is around $79 per month.
Some credit repair organizations may charge lower fees, but they also might deliver substandard results. Many credit report repair services like to cut corners and dispute items on your reports using automated, computerized dispute letters. Using such a method may not effectively alleviate your credit. Because everyone’s financial situation is unique it is much better to use a trusted company that offers personalized disputes, allowing the credit bureaus to better understand why each negative item on your report needs to be removed.
Although the price of the service being reasonable is in our algorithm for when we review our companies, we still believe in the adage of “you pay for what you get”. So, in general, if you’re paying between $79 and one $139 per month that is the average going rate for these professional online companies.