Credit repair means rebuilding your credit health to a point where you become eligible for loans. People need credit repair services to assist them improve their credit score and control the damage which has been done due to faulty financial behaviour in the past.
In general, if you have a credit score of less than 750, it is advisable to seek professional help to improve your score and prevent rejection of your loan applications in the future. Any rejection further decreases your score as it implies that lenders have turned you down because of your poor credit history.
There are several ways of resolving credit problems, depending on each individual’s situation. If you need credit health checkup you can either visit cibil website or contact MakeMyMoney.We will provide your free health checkup.
Depending on the extent of your credit issues, it can take up to 6-8 months to reach a stage where you are loan eligible. Those with relatively minor issues can rebuild their credit in a shorter time frame. A score in the 600 range will naturally take less time to improve than one in the 500 range.