Cost Of Credit Repair Services - Is It Worth It? Loan Love Offers Solutions

SAN DIEGO, June 5, 2014 /PRNewswire-iReach/ -- is a borrower advice website that strives to empower home loan borrowers with first class information, valuable resources and connections to top rated industry professionals. Their articles offer in-depth knowledge in an easy to understand package which has quickly turned the website into a trusted destination for current news and expert loan advice. Without a doubt, it is always beneficial to have good credit score, and for those on bad credit, credit repair services can often seem like the solution. But at what cost? The newest guideline from Loan Love weighs the cost of credit repair services to see if they're well worth the price.

The new article, titled "Credit Repair Services Cost (Don't Get Ripped Off!)", expresses that not all credit repair services are as helpful as they seems: "The short answer is that, like most things that sound too good to be true, a quick fix to your credit score is probably not the best use of your hard-earned cash. While there are some credit repair companies that are complete scams, in many cases, the services offered actually can have a positive impact on your credit score.

However, with a little time and effort, you can go through the same credit repair steps and get similar results. Plus, there is the chance that engaging the services of a credit repair company could actually harm your credit score rather than pulling it upward."

As stated so, the article goes into many examples on how to repair credit without using credit repair services while also providing why credit repair services can hinder a loan borrowers. One of most precarious things someone can do is employ the use of a credit repair organization without any previous background check. While some organizations may be dedicated to helping a borrower improve their credit score, many will ask for money upfront and accomplish little to nothing. Checking online reviews can be the first step to saving to preventing being lured into payment traps that are not well worth the risk.

Another reason loan borrowers may want to do without a credit repair service organization is that their services will often go through the same lengths of trying to legally clean up a credit score that any loan borrower can alternatively do on their own without having to go through the hassle of paying for a service. This is because three major credit reporting bureaus are obligated to check for any credit errors on the borrower's behalf at no additional cost. The article also mentions to keep in mind that the only information that can be removed for a credit score using this method is credit errors, which means credit score is not always bound to improve.

Alternatively, loan borrowers can also seek out a credit counseling organization. Loan Love's article states: "Unlike a credit repair company, a credit counseling organization is typically in the business of helping you to make better credit decisions in the future.

While they are not likely to offer a quick solution, these organizations—particularly those that are organized as nonprofits—can provide some assistance in getting your credit back on track. Many will even negotiate payment plans with your creditors on your behalf.If you are looking to improve your credit score so you can get the best possible interest rate on a future real estate purchase, making use of services offered by a credit counseling organization, particularly when the services are free or at little cost to you, may be the right choice."

To learn more on the cost of credit repair services, please visit to read the complete article.

Media Contact: Kevin Blue,, 949-292-8401,

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