iHome Easy Credit is a financial services company based out of Westminster, Colorado. The company provides consumers nationwide with credit repair and education services on a monthly basis with no contracts.
Cost at Industry Average
iHome claims to get you started with their online system for $99/month. The FAQ page says they charge a one-time fee of $1 to pull your credit report. Aside from that, you have to fully sign up for their services before you can get more information. The company states that there aren’t any additional costs and fees. Consumers can also receive:
- Home and Car Loan Qualification Assistance
- Educational Tools and Resources
- No Monthly Contracts-Cancel Anytime
The credit repair company received a lower rating after it failed to respond to the 2 consumer complaints it has received in the last 3 years. The complaints were in regards to billing issues. Other areas of concern include:
- No Licensed Attorneys on Staff
- No Guarantees For Permanent Removal
- Customers Can Perform Provided Services Themselves At No Cost
- Problems With Cancellation of Services
- No Debt Settlement Services
- No ID Theft Protection
Consumers should review and understand terms and conditions and policies before agreeing to their services. The iHome Easy Credit website always appears to be down and phone is disconnected. The company may be out of business or at least not currently in operation.
How it Works
iHome Easy Credit operates based on a three step process similar to that of other credit repair companies.
Step #1: Analysis
The company will analyze credit reports for inaccurate items or false information that can be removed.
Step #2: Dispute Process
Once the consumer pays the consultation fee and first month’s fee, the company will draft and send letters of dispute to the 3 major credit bureaus. An investigation will commence once the letters are received by the bureaus.
Step #3: Settlement
Consumers will receive results from the investigation after a period of 30-45 days.