AltoCredit Advisors has helped individuals and businesses with credit repair needs since 2011. In order to help clients reach creditworthiness, AltoCredit develops a customized plan to address credit report issues on Equifax, Transunion, and Experian.
Each client that utilizes the AltoCredit credit repair service will have access to a free credit review and credit monitoring when services are completed. Customers are not locked into a contract and can terminate services whenever desired.
Additionally, AltoCredit offers credit-building services, helping individuals see improved credit scores rapidly. AltoCredit has the ability to backdate 24 months to get clients positive credit for rental reporting.
While AltoCredit does not offer a traditional money-back guarantee, the company does offer clients a performance guarantee that also comes with financial backing.
While some credit repair companies will refund a client if a negative item does not get removed from a credit report, AltoCredit takes it one step further with its performance guarantee: if AltoCredit fails to increase credit scores or delete negative information from credit reports after three rounds of service, the next four months of work will be free of charge. Items deleted during those four months will not be charged.
Negative items on credit reports are what cause an individual or business to have a low credit score. Removing outdated or inaccurate negative information from credit reports is one of the more effective and timely ways to improve credit scores.
AltoCredit specializes in having the following negative items removed from credit reports:
While many credit repair services will also attack these types of negative items, AltoCredit is so confident in its system that they even offer a pay after deletion platform targeting the aforementioned items.
The credit monitoring service through AltoCredit allows clients to have access to daily credit monitoring. This data allows clients to see changes as they happen in real-time and be proactive in the event that something unexpected happens. Credit monitoring is not a service every credit repair company offers to clients, setting AltoCredit apart from the rest of the industry.
Building credit can be a tedious process, especially for renters. AltoCredit has developed a process to help people looking to build their credit from scratch. Advantages of the Credit Builders program includes the following:
Most credit repair companies are solely focused on removing negative items to bolster credit report scores. AltoCredit goes the extra mile, helping clients see positive data placed on credit reports and reflected in their scores.
It is unclear if AltoCredit’s services are only available within the state of New York or across the country.
There are federal and state regulations that credit repair companies must comply with. While credit repair services are legal in most states, there are some that prohibit the credit industry. Thus, some credit repair companies operate locally, whereas some provide services nationally.
Credit repair companies typically offer a number of payment plans. Those in need of credit repair range in financial status, so credit repair companies adjust to meet potential clients’ needs. That being said, AltoCredit only offers the following two types of payment plans:
A performance-based plan that allows clients to pay on a per-item-deleted basis. There is a $199 one-time up-front service charge which goes towards credit reports being pulled and customized plans being instituted. Costs for deletions include the following:
The pay-as-you-go plan does not require any sort of contract and clients are charged each month for work done on their behalf. There is still a $199.00 upfront service charge. This plan includes the following:
While these two plans should service many individuals in need of credit repair, not everyone will find value in these two different plans from AltoCredit.