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.
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
For those clients hoping to obtain a home or car loan, iHome can help find the right loans for the right financial situations.
Educational Tools and Resources
During the credit repair process, iHome clients can receive educational support to help maintain financial freedom.
No Monthly Contracts-Cancel Anytime
There are no time commitments required for clients when they enroll. They can terminate services at any time.
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
While not required, there are no attorneys on staff to help with hard to remove items.
No Guarantees For Permanent Removal
There is no guarantee that items that are deleted will remain removed.
Customers Can Perform Provided Services Themselves At No Cost
There is nothing iHome Easy Credit can do on a credit report that a consumer can’t do on their own.
Problems With Cancellation of Services
There have been reported issues when clients try to cancel services.
No Debt Settlement Services
Clients will need to look elsewhere for debt relief.
No ID Theft Protection
Many credit repair agencies offer ID Theft Protection in addition to credit repair services, but iHome does not.
Terms and Conditions
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.