What does a credit repair business really mean?
A credit repair company is one that specifically focuses on credit and credit restoration. Normally, credit repair companies only focus on deleting derogatory information from a credit report for a consumer simply by writing (and sometimes resubmitting) letters addressed to all three major credit reporting bureaus such as TransUnion, Experian and Equifax. Credit repair companies are not to be understood or confused with consumer credit counseling agencies (regardless of whether they are nonprofits or not) as these work specifically for your creditors and report consumer enrollment to the major credit bureaus. A good credit repair business really should be a part of the larger financial planning picture and should not focus solely on credit repair alone. A good, solid program promotes the re-establishment of credit, settlment and deletion tools as well as general budgeting, advice and education. Since most people have a solid interest in buying a home, the credit repair business should
