How Much Will Credit Repair Raise My Score?
When i worked in the credit repair business i was asked this question all the time. People want to know how fast their score will raise once they have either written their own letters, consulted credit repair services, or have hired credit repair attorneys. The answer is that it is very complex, but there is a system to help you estimate how much your score really will raise using one of these techniques.
If you are using the do it yourself method of credit repair, know that results vary with each case. I have seen people who had done it themselves get everything off, and then i have seen the complete opposite in which nothing comes off of the credit report. The average score raise i have seen with writing and sending your own credit repair letters is about 30-60 points within 30-90 days. 30-60 credit score points could mean the difference between qualifying for a house or not. That’s alot of points to gain and everyone who is serious about improving their score should definitely give the do it yourself techniques a chance.
If you chose to fix your credit by consulting with credit repair services, this too is a case by case basis. Many credit repair companies will advertise a certain amount of piont increase within a certain amount of time. If they are cheap enough, put them to the test! Many say they can raise your points within 6 months. The average point increase we have seen with this technique is anywhere from 30 points to 90 points.
If you choose to use credit repair attorneys, we have seen severe point changes in this category. Attorneys have a lot of legal prowess they can use to get credit agencies to act fast. Your attorney will give you specifics that usually are met with ease. Again the point increase is case by case, but you can pretty much trust what your lawyer says about how much your score will increase. We have seen this technique and service raise people’s scores over 100 points! This option is usually the most expensive way to fix your credit, but it is the most effective way to raise that ugly credit score.
The biggest advice we could give someone is to not worry so much about how a certain technique or service will raise their credit score, but to do something about fixing the credit score. Regardless of how much the score changes, pick one of these techniques and get your buying power back!