Daily Money - Are you in debt?

Credit repair and debt relief companies may sound similar, but they offer very different services. A credit repair company could attempt to improve your credit score by disputing inaccurate or unverifiable information on your credit report. A debt relief company could help negotiate with your creditors to try and get them to accept less than you owe. If you have inaccurate information on your credit report, a credit repair company may be able to help you. If, however, the information is correct, a debt relief company could be a good option as you probably won’t be able to qualify for a low-rate personal loan or balance transfer credit card. Fortunately, we can hook you up with both options.