Let’s face it: having less-than-perfect credit is pretty common. But just because it’s common doesn’t mean you should ignore it. If you’ve ever tried to repair your credit repair by yourself, you’ll quickly realize that it is not as easy as those online guides make it out to be. And sure, there are tons of credit repair companies online that promise to fix your score for a fee. But are they really worth your hard-earned cash? Keep reading to find out.

What Are Credit Repair Companies?

Credit repair companies specialize in finding and fixing errors on your credit report. They do this by taking a good look at your credit report and identifying any mistakes or outdated information that might be pulling your score down. These errors can range from small things like misspelled names to big issues like debts listed that you never actually owed. They then work on your behalf to challenge these errors with credit bureaus and creditors. 

Is It Legal To Pay Someone To Fix Your Credit?

Paying a credit repair company to help you fix your credit score is totally legal. These companies operate under specific laws that ensure they conduct their business fairly and transparently. For instance, in the United States, the Credit Repair Organizations Act (CROA) is a federal law that governs the actions of credit repair companies. This law makes sure these companies are upfront about what they can do for you and prevents them from charging you before they’ve actually done any work.

How Much Do Credit Repair Companies Charge?

Now, let’s talk money. How much does it usually cost to get your credit repaired by these companies? Well, it varies, but let’s break it down into some common pricing models. Many credit repair companies operate on a subscription basis. This means you pay a monthly fee for their services. On average, you might be looking at somewhere between $50 to $150 per month. What do you get for this fee? Continuous monitoring of your credit report, disputes of any errors they find, and advice on how to improve your credit score.

But that’s not the only pricing model out there. Some companies charge a flat fee for each error they dispute on your behalf. This could range from $35 to $100 per dispute. If there are several errors on your report, this can add up.

Then there are those who offer a more comprehensive package, which could include things like credit monitoring, identity theft protection, and access to credit counselors. These packages can be more expensive, with some charging upwards of $200.

Are Credit Repair Companies Worth It? 

It really depends on your situation. If your credit report has a lot of errors, and you’re not quite sure how to tackle them, then getting professional help might be a good investment. These experts know the ropes and can navigate the process more efficiently than someone who’s new to it all. They can save you a lot of time and, potentially, stress.

Also, consider the long-term benefits. A better credit score can lead to lower interest rates on loans and credit cards, which can save you money in the long run. If a credit repair service can help improve your score, the initial cost might be offset by these future savings.

But, if your credit issues are pretty simple, or if you’re only dealing with one or two mistakes, you can handle it yourself. 


The cost of credit repair services can vary depending on the pricing structure adopted. When making a choice, take the time to research and compare your options to find a reputable company that can help you improve your credit score while staying within your budget.