Credit Innovations claims to be the number one credit repair network. As of August 15, 2016, Credit Innovation’s website does not meet Google’s proper internet safety criteria. You will receive a warning that your connection is not private. Due to this warning, we do not recommend potential customers to visit its website.
The company’s website lists the numerous awards of recognition it has received. Clients pay a one-time fee for credit restoration services. However, space is limited as the company only assists 50 clients on a monthly basis.
Credit Innovations helps their clients remove erroneous items from their credit reports to help improve credit scores. In addition to providing professional credit repair services, there are a number of other beneficial features that prospective clients should be aware of. These include:
Extensive Credit Repair Services
Credit Innovations provides consumers with a free consultation, financial calculators, and loan options. The company uses up-to-date software programs to achieve an 80 percent deletion rate. Long-term debt management and financial services are also provided at no additional charge. $500 credit limit credit card accounts are also available for clients.
Price Plan Assistant
The company offers a fast and easy pricing assistant tool on its corporate website to help give customers a quote based on their unique credit situation. Consumers simply answer a few basic questions and the online tool will give consumers an estimate on how much they will have to pay for credit repair services through the company.
While Credit Innovations can help their clients get the credit help they need to approve for loans or for other needs, there are concerns that should be addressed. Those considering Credit Innovations for credit repair services should be aware of the following:
Expensive Setup Fee
Credit Innovations charges a one-time fee of $699, which is higher than that charged by similar credit repair companies. The company does not disclose whether or not they offer flexible payment options. Consumers will have to contact the company directly and speak with a customer service representative for this information.
How it Works
Credit Innovations uses a three step process similar to that of other credit repair companies.
Step #1: Analysis
The company will review credit reports for inaccurate items and determine what may be eligible for removal.The company will also work with the client to establish a long-term plan for financial and debt management issues.
Step #2: Dispute Process
The credit repair company will then draft and send dispute letters to the credit bureaus on the client’s behalf. Once the credit bureaus receive these letters, an investigation will be conducts with results sent to the client within 30 days.
Step #3: Settlement
Once items are removed from credit reports, settlement will begin to resolve any possible debt.