Credit Repair Services VS. Debt Consolidation Services

Credit Repair Services VS. Debt Consolidation Services

If you are looking to increase your credit score or just get it back on track both credit repair services and debt consolidation services will help, but one will more than the other. Knowing exactly what one of the services does better than the other is key to having a great credit score and being financially knowledgeable.

What do credit repair services do?

A credit repair service does anything and everything under the sun to help you repair your credit. Some of the things they do are debt settlements, debt consolidation, credit limit increases, close accounts, talk with creditors, set up payments and much more. If you want a service that is going to offer you a lot of different options then a credit repair service is perfect for that.

What do debt consolidation services do?

A debt consolidation service simply does debt consolidation. The reason anybody would use a debt consolidation service is because they are cheaper than a credit repair service mostly because they only do one task. However even though they only do one thing and the credit repair service does many they are typically much better at getting your favorable terms and getting all your accounts consolidated under a single account.

Which one should I choose?

Knowing which service you should choose isn't something that neither I nor anybody online could decide without actually knowing and fully understanding your situation before they can start rebuilding credit. When it comes to credit there are many different variables that come into play and they all have to be considered differently.

If you understood what I have already said they I think you are able to pick the best service for yourself. My rule is that if a person doesn't understand what a debt consolidation service is there for then they should not use them and same with credit repair services. The only reason I would ever tell somebody to choose a credit repair service over a debt consolidation service is simply because you don't know enough about dealing with creditors and getting settlements.

If you are aware of how settlements and consolidations are done then you might not even need a debt consolidation service or a credit repair service. Things aren't as hard as you may think and if you just read through this site you will see that I have armed you with enough knowledge about credit repair that you should be able to go out there on your own and get the best credit possible.

Something I want you to remember about this article is that not everyone will need a credit repair service or a debt consolidation service. If you know the basics of credit repair then you should be able to learn what you need to about getting a great credit score solely from information you find online. Knowing the steps and the process if very easy and there are many free services out there that can help with this, the only problem with these free services are that they are almost always booked weeks and even months in advanced.