What is Credit Repair?

Credit repair involves a series of strategic actions aimed at enhancing or restoring an individual's creditworthiness. It encompasses the meticulous review and identification of inaccuracies or discrepancies within the person's credit report. Following this identification phase, individuals or credit repair companies engage in the process of disputing these errors with credit bureaus, utilizing legal mechanisms provided under consumer protection laws.

Additionally, credit repair may involve negotiating with creditors to settle outstanding debts or to establish more favorable repayment terms. The overarching objective of credit repair is to improve the individual's credit score, thereby opening doors to better financial opportunities such as obtaining loans, securing favorable interest rates, and gaining access to higher credit limits.