Pay per delete is a popular credit repair method that can help you get rid of negative items on your credit report. Paying to have items deleted from your report might seem like an easy way to fix your credit, but it can be costly and ineffective if you don’t do it right. Here’s what you need to know about how pay per delete works:
How Pay Per Deletion Works
Pay Per Delete is a service that allows you to pay a fee for each item you wish to have removed from your credit report. With this method, you can save money by deleting multiple items at once and paying one lump sum instead of several smaller payments over time. However, it’s important to note that some companies charge a fee for them to contact the creditor on your behalf—this could increase the cost per deletion significantly but may be worth it if it means fewer calls from creditors or fewer letters in the mail!
The Pros and Cons of Pay Per Delete Credit Repair
In this section, we’ll go through the pros and cons of pay per deletion credit repair.
- It’s cost-effective. Pay per delete is one of the most affordable ways to clean up your credit report. You can pay a fraction of what it would cost you to hire a credit repair company or lawyer, while still seeing results.
- Your score will improve faster than if you were trying to remove negative information yourself without paying anyone else to get rid of it for you. Since many creditors don’t update their records themselves, having someone else do it for them may speed up the process by weeks or even months compared with doing everything on your own (assuming that’s even possible in some cases).
Before You Pay for Deletions, Do This Instead
If you want to keep the cost of your credit repair low, you should do the following:
- Check your credit report for errors. The first thing you need to do is get a copy of your credit report from each of the three major credit reporting agencies and make sure that it’s correct. One mistake could lower your score by 100 points or more, so it’s important to look over this document carefully for any errors. You can get a free copy of your report from AnnualCreditReport.com once per year (once a week now that Covid allows you to do so), but if you have been denied financial services in recent years (like an apartment or loan), one may be sent directly to you as well—so check these records as well!
- Dispute any incorrect information found on their reports with the CRA and ask them to remove items that are inaccurate or out-of-date—you may have paid off debts long ago but still have those accounts listed in some way due to outdated paperwork being kept on file somewhere at these institutions; disputes will help remedy this issue!
If you are considering paying for deletions, make sure to read up on how this approach works and choose a company that fits your needs.
If you are considering paying for deletions, make sure to read up on how this approach works and choose a company that fits your needs. For example, our pay per deletion credit repair program allows you to pay over time after deletions have occurred on your credit reports.
When it comes to credit repair, it’s important to do your due diligence and consider your options. Make sure that you check the company’s reputation with the Better Business Bureau (BBB), as well as online reviews from other customers before signing up. The best way to do so is by asking around—ask friends, family members, neighbors, or even coworkers if they have any recommendations for reputable companies in the area.
Now that you have a better understanding of how pay per deletion credit repair works, it’s time to decide if this is the right option for improving your credit score. If you have any questions about whether or not it’s right for you, schedule your free consultation with us and we will be happy to assist! JMS Consulting Firm has been serving all of Texas for 2 years in Credit Repair services with a 100% money back guarantee!