There are nearly 78% and can be higher at any given time of all Americans that have something adverse reporting to their credit. With the amount of agencies, companies and individuals that promote credit repair and their companies at times it can be challenging to take the industry seriously.
However, that is the case in any industry that is saturated and most are. It is important that you treat your credit repair/building needs like anything else and do the research to find the company that works for you and one that you can depend on.
How to know that you chose the right company:
1. They do not sign and bye! A company that signs you up for one of their programs and you rarely or never hear from them is not a great option and you should know this within the first 30 days.
2. They sign you and you mail the letters. I am not sure this is a best practice or why companies choose to do this but I do not recommend this approach. Yes, the value is in the letter and knowing how to approach situations, however the discipline must be in place in order to be successful and let's face it most people do not have the time to deal with repairing their credit or researching their reports to make sure everything is accurate.
3. When you have a billing or cancellation question, they avoid you. This is not a company that you want working anywhere near your personal information. The same amount of time they spent with you on the phone signing you up should be the same amount of time they spend with you if you decide to cancel.