As a credit specialist I know that before hiring a Credit Repair company you probably have two mayor concerns.
First, you will need to know if the company is legitimate, make sure that they are not going to take the money and run doing nothing or very little for you. This means to check the company with the BBB, see if its registered, bonded an licensed in your state, try to find consumer complaints published on the internet... A lot of research to do before signing up
Second, you'll want to know if they are really effective by searching the company name on the internet in order to find experiences, opinions and comments made by former clients, this may take hours of internet surfing and does not guaranty that they are going to be alright for you too.
Well, the news are you don't have to do all that in order to minimize you risk and have peace of mind.
Now you can hire a Credit Repair company to fix your credit and at the same time be certain that they not only won't rip you off, also you can rest assure that they will do everything legally possible to get the job done as soon as they can, You can be sure of all this without doing any research.
There is a new business model for credit restoration services introduced to the industry in 2008 by BCR Consulting. It is called "Pay for deletion". Under the Credit Restoration contract the client don't pay anything until the derogatory accounts start to disappear from the credit reports. The Credit Repair firm gets to work as soon as they have the initial credit reports, only when they obtain the first deletions you make your first payment. They send a invoice once a month listing the accounts removed on the last 30 days and the total amount due, if the client don't pay the bill in a couple of weeks they just stop the work until the account's balance is paid off.
They also offer a written lifetime warranty. If any of the items deleted by BCR Consulting is ever listed back in any of your reports they will try to remove it again at no charge or if they are unable to remove it they will reimburse the total amount you paid for that item.
This two advantages alone, make the credit restoration process totally painless and worry free for the client. There is no risk whatsoever,
It is also in complete compliance with federal law, specifically the Credit Repair Organizations Act states that is unlawful for a credit repair company to charge any money before services are rendered and yet 99.9% of the Credit Repair companies today in business are doing exactly that by using different loop holes in the laws, this is the reason why the Federal Trade Commission strongly opposes Credit Repair companies .
With this new business model the clients will never have to put down a big deposit in order to start the credit restoration process or pay any setup fees or even fixed monthly payments regardless of the results obtained. BCR Consulting clients only pay for what they get after they get it, It is in the best interest of the Credit Repair company to have good results as quick as possible.
Terry W. Moore Better Credit Reports Consulting. http://www.bcrconsulting.us
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