Veracity is a credit repair company based out of Denver, Colorado. Financial services company has served over 100,000 consumers nationwide in repairing their overall credit scores.
Veracity offers consumers a comprehensive online education system for credit repair. Consumers are also given 2 package options upon enrollment to help them improve their overall credit scores. Prices for these packages range from $49-$79. The basic package includes unlimited investigations of erroneous items, premium account management, tips, and online access. The second package features all the benefits of the first package, and also includes:
- Personalized credit optimization plan
- Collection interventions
- Personal work with creditors
Veracity also offers secured credit card offers and a library of credit repair information. The company offers consumers a money-back guarantee if they are not satisfied. Consumers are able to receive a free initial consultation by either calling the company directly or filling out a short online form on its corporate website.
Other area of concern include:
- No license with the Attorney General
- Mixed online consumer reviews
- No licensed attorneys on staff
Consumers report issues in the cancellation of services. However, the company has been found to act in good faith to resolve these issues to a consumer’s satisfaction. It is also important to note that the services provided can be easily performed by a consumer on their own without the monthly cost, but may be best suited for those who desire to avoid the long-term hassle and time involved in removal of unwanted credit report items.
Frequently Asked Questions
How much does Veracity cost?
Customers have two options: the Select plan, which costs $69 to sign up and $49/month afterward; or the Platinum plan, which costs $99 to sign up and $79/month afterward.
Does Veracity allow me to enroll more than one person or my whole family?
Couples may sign up together to get credit repair services. In fact, there is a discount offered to two-party clients.
How does Veracity repair my credit?
Veracity has a simple process to repairing your credit. First, a company representative will identify what issues are leading to a high credit score. Next, a specialist will remove inaccurate or outdated information that might be affecting your score. Lastly, Veracity will ensure the information is corrected.
How does Veracity provide credit monitoring?
Veracity will assess your credit score and inform you of what is causing problems on your report. When there are negative issues, the company will educate you on strategies to repair your credit.
How long will it take before I start to see results with Veracity?
As a customer of Veracity, you should see improvements to your credit score within 45–60 days.
What results can I expect from Veracity?
Because there are so many factors to consider with every customer’s financial and credit situation, it’s impossible to know for sure what specific results will look like; however, customers should be confident that their scores will improve and false information from their credit reports should be eliminated.
How can I contact Veracity?
You can call 1-866-518-2194 to reach a company representative.
Veracity hasn’t published a great number of claims, as the company is careful to point out it cannot make guarantees or grandiose claims.
Veracity does prominently include on its website that it usually can help customers’ credit scores improve within 45–60 days.
In addition, Veracity has a number of online publications expert tips and advice to help customers with their credit issues and to help them make good choices in the future.
Veracity is committed to providing customers a positive experience. Therefore, the company offers competitive pricing and two options to fit every situation and need:
Select Plan – $49/month
In this pricing plan, customers pay an upfront payment of $69. This gets a Veracity specialist to work on your file. From this point, you will pay $49/month until you are satisfied Veracity has helped you with you credit repair needs. This plan gives you a credit analysis and will process your report and set up your account within 5–10 business days. In this plan, you send Veracity your credit report
Platinum Plan – $79/month
With the Platinum plan, Veracity will pull your credit for you and will set up your account with one day. To sign up for this plan, you pay $99 upfront and $79/month
For families wishing to get a fresh start with their credit, Veracity is here to help. The company will offer a special discount to two-party customers. Simply choose the Select or Platinum plan and be treated to a reduced rate.
How it Works
Veracity operates a three step process similar to other credit repair companies.
Step #1: Account Creation and Analysis
Consumers open an account and the company performs an investigation. Veracity will also work with creditors on behalf of their clients.
Step #2: Dispute Process
Veracity will work with creditors and credit bureaus to remove errors. Consumers can expect this process to take at least 30-45 days.
Step #3: Settlement
Consumers will receive responses from the 3 major credit bureaus.
Customer service, excellent work and results are hallmarks of Veracity. If you sign up as a customer, you can have the peace of mind that company representatives are working in your behalf.
The Veracity team is staffed with professionals who know and understand the credit industry and who are well versed in rules, laws and regulations that govern credit and credit reporting. The company is committed to protecting your interests.
In addition, Veracity credit repair specialists are current on industry trends and news. Employees regularly participate on committees, are licensed, and highly qualified. Knowing this should give you confidence that Veracity has the capability and tools to get you the results you seek.
Lastly, when you partner with Veracity, you should expect not only to get the help you need now but also to be armed with resources and information to help you moving forward so that you don’t make financial mistakes in the future.
What to Expect when Signing Up
Before you go to signup here is a few things to expect before you visit Veracity’s website.
- You will be brought to their webpage with a few different options to getting started.
- By clicking “Get Started” you will go through a simple 3-step process.
- First, you’ll be asked to pick a plan that best fits your needs and for contact information including: first and last name, email, phone, address, zip code, social security number, etc.
- Before moving to the next step you will need to agree to be contacted by a live agent to discuss credit repair.
- Next you will proceed to enter in your payment info to process the appropriate signup fee and monthly fee for the plan of your choice.
- The last step is to comply and sign regarding Veracity’s legal agreements.
After that be ready to receive a call from a representative and be on your way to repairing your credit. Make sure to come back and leave a review of your experience.
What Can Be Removed?
Veracity will never make any claims that it can get your score to a certain level, nor can the company remove legitimate negative marks from your credit. Still, there are a number issues that can be addressed and removed thanks to Veracity’s help. These include the following:
- Late payments
- Medical collections
- Tax liens
- Other false or outdated information on your credit report
Once these items are taken off your credit report, you are in a much better position to obtain desired loans and to have increased peace of mind that you are on better financial footing.