It can cost anywhere from $0 to over $100 per month to repair your credit. Depending on your needs and the state of your credit, you could end up paying thousands of dollars to a credit repair company. That being said, there is no need to pay for credit repair services.
Anyone who claims a special ability to “fix” or “clean up” your credit for a fee is probably scamming you. There is nothing any purported credit “repair” service can do that you cannot do yourself for free. Additionally, if the information included on your credit report is correct, there is nothing you can do to remove it, so you definitely should not waste your time and money employing a credit repair company.
Your best bet for repairing your credit is to use the money you would have spent on a credit repair service to catch up on past-due bills and pay down other debts. Using a credit card responsibly can help, too. After all, adding positive information to your credit reports is the only dependable way to repair your credit score. To that end, we also recommend checking out our guide on rebuilding credit as well as signing up for a free WalletHub account to get personalized credit improvement advice.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by a WalletHub user.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.