Having a poor credit score can make life difficult. For example, you are less likely to qualify for personal loans, including auto loans and home mortgages. Using a credit repair company could help improve your credit score by removing negative, incorrect information from your credit report. Our partners at ConsumerAffairs researched the best credit repair in Tucson to rebuild your score toward a better financial future.
The average credit score in Tucson is 676, which is slightly higher than the national average of 675 and the Arizona state average of 669. If you find yourself below these average scores, or if you’d like to qualify for the better interest rates that come with having a higher credit score, it’s possible a credit repair company can help you. If you’re unsure of your credit score, the Consumer Financial Protection Bureau (CFPB) lists multiple ways to obtain it.
Having a higher credit score in Tucson creates multiple benefits, including:
A better chance to qualify for loans: Whether you’re looking for an auto loan or a home mortgage, having a higher credit score will increase your chances of qualifying for a loan.
Increased options when searching for loans: Being more likely to qualify for loans gives you an advantage when seeking one. You’ll be able to compare more offers and use your options to find the best loan offers.
Lower interest rates: A higher credit score shows lenders you’re reliable, and you’ll receive lower interest rates on loans and credit cards because you’re considered a low-risk borrower.
No need for a cosigner: While people with lower credit scores may qualify for loans, you may be put in the position of requiring a cosigner to secure your loan. A higher credit score lets you avoid needing a cosigner and gives you more financial independence.
No security deposits on utilities: Because a high credit score shows you can be trusted to pay your bills, service providers such as electric utilities and cellular phone companies are less likely to require a deposit for new service.
Credit repair companies in Tucson work with the three credit bureaus—Experian, Equifax and TransUnion—to identify incorrect, negative information on your credit report. Once the credit repair company identifies incorrect information, employees will dispute the information and attempt to have it removed from your credit report. As negative information is deleted, your credit score will gradually recover.
Although it is possible to obtain copies of your credit reports and dispute incorrect negative information yourself, the process is time-consuming and often confusing. A credit repair company in Tucson can use its experience to help you improve your credit score while also providing education to help you maintain your score in the future.
While searching for a credit repair company in Tucson, the CFPB lists some red flags to watch for, including:
Demanding payment before services have been performed. While some companies may charge an initial fee to obtain your credit reports, federal law prohibits credit repair companies for charging upfront fees for services.
An inability to answer specific questions. If a credit repair company’s employee is not willing to explain specifically how the company can help you, that’s a warning you may not be dealing with a reputable company.
Making specific promises. Although credit repair companies can help many people, it’s impossible for them to promise specific results. If a company makes promises that sound too good to be true, they likely are.
Although credit repair companies in Tucson may not be able to promise an increase to your credit score, many offer money-back guarantees if you’re unsatisfied with the results. Also remember that credit repair can be a long process—while the average dispute process lasts between three and six months, it may take more than a year to see the full results.
Credit Saint assigns its customers a team of specialists to review and dispute negative, inaccurate credit report items. The company has a 90-day, money-back guarantee and an A+ rating with the BBB. The company offers education on how to create positive entries on your credit report, and customers in Tucson say they appreciated the company’s online tools.
Lexington Law offers a free credit consultation and credit report review. The company’s staff of lawyers and paralegals pride themselves on working with integrity, and the company succeeded in removing 10 million negative items from its clients’ credit reports in 2018. Many reviews from Tucson praised the company’s customer service, but some customers reported unsatisfactory results.
With over 310,000 unique credit reports processed by their team, The Credit People has thousands of satisfied customers. Free credit reports are included with a subscription. The Credit People also offers an Unbeatable Satisfaction Guarantee which allows customers to cancel at any time, refunding the previous month. Customers note that The Credit People exceeded their expectations, showing results at a great price.
CreditRepair.com offers a free credit consultation and score evaluation. The company provides a mobile app that allows you to track your progress 24/7. Tucson residents say they noticed quick results, but some customers say the results slowed down after being with the program a few months.
Sky Blue Credit Repair has been helping customers raise their credit scores since 1989 and has an A+ rating with the Better Business Bureau. The company offers a 90-day guarantee and professional analysis of your credit report. Customers in Tucson say the company’s employees are knowledgeable and highly professional.
The Credit Pros uses technology to help you raise your credit score and keep it high in the future. The company offers easy-to-read credit reports and personalized score insights, and it also offers credit monitoring at no additional charge. Customers in Tucson say the company’s employees answered all their questions and provided good results.
Credit Absolute provides a complimentary credit audit and states many of their clients see results in as few as 30 days. The company offers individual and couples programs, and it has a 98 percent success rate in raising credit scores in 90 days or less. Customers in Arizona said the company’s staff is extremely efficient.