A credit score is an important number that determines how financial institutions make decisions about lending. For Milwaukeeans with negative inaccuracies on their credit reports, use of a credit repair company to help improve your credit score can be beneficial. Our partners at ConsumerAffairs researched the best credit repair companies in Milwaukee to help you restore your creditworthiness.
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Although Wisconsin ranks highly among states with the best credit scores in the nation, Milwaukee has one of the lowest credit scores of the nation’s largest 100 cities. Though its surrounding suburbs like Mequon and Brookfield have great average credit scores, Milwaukee has an average of only 643, lower than the national average of 687.
If you have a low credit score, it is important to know if errors on your credit report are the cause. Credit repair companies in Milwaukee help dispute mistakes using strategies personalized to customers. These include taking an in-depth look into your credit report, finding inaccuracies and developing a plan to raise your score.
What can credit repair companies in Milwaukee do?
Here are some ways a credit repair company can help you:
Credit inaccuracies: Some Milwaukeeans may have inaccurate credit reports and not even know. Credit repair companies find these mistakes and dispute them for you, so you don’t have to.
Interest rates: The lower your credit score is, the higher your interest rates typically are. For more manageable interest rates, improving your credit score will help. Lower interest rates help you get out of debt sooner.
Loan applications: With bad credit, you can be denied all sorts of loans and rental opportunities. An improved credit score can help you get what you need at lower interest rates.
The need for a co-signer: When renting an apartment or taking out a loan with a low credit score, you’ll often need a co-signer to back up your credit. This can also lead to a higher security deposit. Credit repair can help give you the freedom to rent or take out loans independently.
Types of credit repair services in Milwaukee
Credit repair companies in Milwaukee offer a wide variety of services, and the features of each company can vary. Some companies will provide a personal case manager to work on your case individually, while others take a team approach where you may talk to multiple people about your needs.
Credit monitoring is another important service often provided by credit repair companies as a way to achieve ongoing credit score improvement. If you have a discrepancy on your credit report, many companies offer legal services to remedy the dispute.
How much does credit repair cost?
When setting up an account with a credit repair service in Milwaukee, you’ll often have a monthly fee for services, which can range between $70 and $200, although some companies have a per-service fee.
Other companies have a fee for credit monitoring, so make sure to always ask questions to ensure you’re receiving the right services. Finally, find out if your credit repair company offers an online-accessible account or a mobile app.
Backed by the Better Business Bureau, Credit Saint is a reputable credit restoration service with a 90-day money back guarantee. Credit Saint takes a team approach to credit repair and offers an online account for access to analysis and progress reports. They offer three different packages that range in aggressiveness.
Lexington Law is a credit repair company with over 27 years of experience. Their attorneys and paralegals review credit reports and reach out to creditors and credit bureaus with customer-specific strategies. Lexington Law offers three different service plans, each for a monthly fee. Customers in Milwaukee say that Lexington Law is quick to respond and offers the utmost professionalism.
The Credit People representatives are certified and trained in various laws governing credit repair and are so confident in their results that they offer an Unbeatable Satisfaction Guarantee. Customers can access their account at any time and will never be charged hidden fees. Customers report that they appreciate the transparency and openness of representatives.
Sky Blue Credit is a credit repair and restoration company that has been in business since 1989. The “Sky Blue Difference” includes helping you select items to dispute, disputing five items per bureau every 35 days, score assistance, credit rebuilding and other extra services. Sky Blue Credit offers a 90-day satisfaction guarantee with a full refund.
The Credit Pros offers both individual and couples enrollment for plans that include one-on-one consultations, unlimited dispute letters, debt validation and goodwill letters to creditors and 24/7 access to the client portal. The company promises the ability to cancel at any point and responds timely to all requests.
Our partners independently research and analyze the companies mentioned in our guides and work with subject matter experts to add valuable information that helps consumers make smart purchase decisions. Our partners will not include companies on these guides that do not meet specific quality standards. The compensation we receive from our partners may impact how and where companies appear on our site, including the order in which they appear.
Our partners independently research companies, and use editorial discretion to award companies with special recognition (i.e. Best Value) based on their staff’s judgement or subject matter expert’s judgement. Our partners do this to help you identify companies that will meet your specific buying needs, and do not receive compensation for these designations.