Financial Education Services (FES) has 10 years of experience in the credit repair industry. But, they don’t just help clients improve their credit situation, they educate potential and current clients on how to improve their overall financial future. The firm says they want each of their clients to be able to achieve his or her financial goals. Combine this focus with a money-back guarantee and Financial Education Services are a great option for credit repair.
Financial Education Services offers a comprehensive credit restoration program to clients in need of credit score improvements. There are a number of aspects to this platform that will benefit those in dire credit situations. Financial Education Services has several great features to their services, such as:
Low Monthly Price
Most companies charge over $75 a month for credit repair services. Financial Education Services prices vary!
Member Online Portal
Financial Education Services offer clients 24/7 access and control to their account online. Clients can track their account progress and view reports, providing a level of transparency valued in this industry.
The firm offers several clients several options to improve their credit situation. A credit card used to improve your credit score and financial protection services are just a few. All of these options are built on helping clients improve their credit score and their financial portfolio.
Yes, Financial Education Services has a low monthly price for their services and provide a great online portal for clients, but they do have a few drawbacks to note. These limitations include the following items:
Financial Education Service’s have a low monthly price but require clients to pay a down payment. This is quite high for a setup fee, especially considering that some companies don’t have any setup fees.
At the present time, the firm doesn’t have licensed attorneys on staff helping with credit improvement. They do have credit-trained employees, but a lot of companies have FICO Certified Professionals on staff. In this area, Financial Education Services is lacking.
Frequently Asked Questions
How much does Financial Education Services cost?
For just one monthly cost, Financial Education Services will help you repair your credit. There is also a down payment.
Does Financial Education Services allow me to enroll more than one person or my whole family?
Only individuals may sign up as customers with Financial Education Services. If second partys needs credit repair help, they must sign up separately.
How does Financial Education Services repair my credit?
Once you enroll, the company will help you in drafting dispute letters to the reporting bureaus and creditors where you have incorrect information reported. The company will help resolve these issues and remove them from your report
How does Financial Education Services provide credit monitoring?
Financial Education Services has an excellent credit monitoring system where customers have instant 24/7 online access to their scores and reports. The monitoring system allows users to take action anytime at their convenience. You can also get alerts when charges are made.
How long will it take before I start to see results with Financial Education Services?
The Financial Education Services website does not indicate anywhere how long it typically takes for customers to see results.
What results can I expect from Financial Education Services?
One of the greatest benefits to doing business with Financial Education Services is that you will receive excellent coaching and education from staff members. You can also expect access to a tremendous online portal where you can easily track your case and the progress the company is making in your behalf.
How can I contact Financial Education Services?
You can call 248-848-9065 to reach a Financial Education Services Credit Solutions representative.
Surprisingly, the company does not publish any online testimonials from customers who have had success working with Financial Education Services. On the same token, there are no published copies of actual reports and improved scores.
The company is cautious to not make claims, either, about how fast you should see results or how much your score can improve by doing business with the company.
Few competitors can match Financial Education Services monthly fee of just $39. You will pay this fee every month you use the service and the online portal.
In addition to the monthly fee, you will be responsible for paying a down payment to get things started on your report. This must be paid before you get access to your online portal.
At no cost, you can chat with a representative about your case and whether it makes sense to look at a credit repair plan. You will get honest, no-nonsense information.
No Per-Deletion Fee
Your monthly fee will take care of any recurring payment you’ll have to make to Financial Education Services.
How it Works
Financial Education Services provides a simple credit repair process similar to those of other credit repair companies.
Step #1: Account Setup
Consumers enroll by setting up a free account online. Once the user is enrolled, a username and password will be sent to the consumer via a Welcome Email. The consumer will be required to provide the company with Social Security and Address verification documents in order to receive the first set of dispute letters.
Step #2: Dispute Process
New enrollees will receive the first set of dispute letters within 3-5 business days after the verification documents have been submitted. These dispute letters should be reviewed carefully by the consumer. If any changes need to be made or if there are any questions, enrollees are encouraged to call the company’s customer service department and speak with a live representative. Once the updates have been made, new dispute letters will be sent out. Once the dispute letters have been reviewed for accuracy, they will need to be signed and forwarded to the provided addresses.
Step #3: Settlement
Consumers will receive a response from the 3 major credit bureaus within 30 days. If there is no response, enrollees are encouraged to contact the customer service department at Financial Education Services. Consumers will need to forward any responses from the credit bureaus to the credit repair company so the file can be updated. The company will repeat the process for up to 5 full dispute cycles. Any results can be viewed anytime day or night through the online portal.
What to Expect when Signing Up
The enrollment process isn’t quite as easy as you’ll find with competitors. If you are interested in doing business with Financial Education Services, you must contact a company representative, who will then walk you through the enrollment process.
After you have successfully enrolled as a customer, you will receive a welcome email with login information to your online portal.
What Can Be Removed?
Financial Education Services cannot dispute legitimate information from your report; however, the company can dispute and help remove those items that have been unjustly or inaccurately placed on your report:
- Late payments
Financial Education Services puts you in control of your future by allowing you follow exactly what is being removed and how it is improving your score. This is a tremendous benefit to you as the customer and helps you move forward in a positive way toward a better financial future.