Top Companies for Credit Repair
By Shannon C
, last updated September 22, 2011
When you are in debt it can be easy to panic and to jump at the first seemingly helpful offer to repair credit that crosses your path. However, the Internal Revenue Service (IRS) warns that there are many companies out there that are shams or scams, promising quick credit repair fixes for consumers' complicated credit repair issues. You want to find the top companies for credit repair that are safe and legitimate to use, because the last thing you need is to make your credit repair problem worse by picking the wrong company to help you fix it.
Because of the ongoing issues with credit repair scams in this country, the IRS has established its own debt management and credit repair website. Called DebtGuru, this website is the online arm of the IRS' American Credit Foundation. Chartered as a 501c3 non-profit organization, DebtGuru offers free credit repair counseling and debt management solutions as well as credit card consolidation services, loan free debt repayment services, and a free analysis and education program to help customers stay debt free.
Another great 501c3 non-profit organization is the American Consumer Credit Counseling organization, or ACCC for short. The ACCC is also chartered to offer free credit counseling and debt education, as well as debt and credit repair services, budget and financial management education, and bankruptcy counseling as a last resort. The ACCC is active across the nation in each community it serves, holding classes and reaching out to consumers who are struggling with debt to provide relief.
Yet another great top company for credit repair is called InCharge. InCharge, like the ACCC and DebtGuru, is chartered as a 501c3 non-profit organization, and can provide credit repair and debt management and consolidation services as well as budgeting and financial counseling education to consumers who are struggling to repair their credit issues.