The TRUTH about Credit Repair Guarantees

The TRUTH about Credit Repair Guarantees

I received a call today from a nice lady who really wants to put her past credit issues behind her so her and her boyfriend can buy a new home when he returns from fighting the bad guys overseas, which is really cool.

As always the discussion went really well until she asked how much the service runs. Once I told her, she just laughed and told me that she had contacted another company who charged less and GUARANTEED her the results she wanted or her MONEY BACK!

Which made me laugh.


I know the company she’s referring to and the truth is that A LOT of less than reputable credit repair companies rely on this strategy.

And it SOUNDS really good!

In fact, it SOUNDS almost TOO GOOD to be true!

Well, it turns out, that it IS and it ISN’T.

It is true, the company offers a money back guarantee. Woot!

But when you get past all of the HYPE, here’s what you discover… in the FINE PRINT.

Disclaimer: Implied or expressed guarantees do not apply; (company name removed) will honor this guarantee only: While (name) can not guarantee a complete restoration of your credit; we do guarantee and state that we will IMPROVE your credit.

If we fail to do so, we will refund your money back.

Please note: if documentation requested from you, by us for the credit repair, is not forwarded to our office or addition of new Derogatories the refund policy will be voided.

Client agrees to pay bills on time, Not paying bills on time will result in new Derogatories voiding the refund policy. No refunds are issued prior to the completion of the process.

In addition client agrees to forward all correspondence received from the three Credit Bureaus to the processing center within 14 days of receipt. Failure to do so will result in the voiding of the refund policy.

Okay, so let’s break it down…

“we do guarantee… that we will IMPROVE your credit.”

So if only ONE item on ONE report is “improved” then the guarantee no longer applies?

Yes, that’s EXACTLY what this disclaimer means.

In addition, there are a number of ways that void the guarantee so the company limits their exposure.

So, here’s the truth about credit repair guarantees… usually not worth the paper they are printed on.

So why do so many companies make such bold claims and then hide the nitty gritty deep in the print?

Well, simple… to make money.  People just assume that if they’re not happy, they’ll just get their money back.  Unfortunately, that’s not how this works.

If they make the sales today, that’s really all they care about.

It’s misleading at best.

Every guarantee I’ve ever seen is full of stipulations and limits and impossible requirements.  Heck, we offer the same limited guarantee, but I don’t promote it like it’s a 100% Satisfaction Guarantee.


Well, first I’ve never had a client that didn’t have some improvement and I don’t want to give them the wrong impression.  I prefer to be upfront and just tell you like it is.

The real problem is that no one really knows what’s going to happen.  It’s just like hiring an attorney and going into court.  Some people get off scot-free, others end up in the slammer.

So, how do you get the best results?

Simple, you hire the best team, with the best strategies and resources.  Believe me there’s a reason the Yankees have won 27 of the last 100 World Series.

Just like most things in life, you get what you pay for.

Do you think OJ was going to settle for some public defender just out of law school?  Heck no.  OJ hired the most expensive people on the planet.

And guess what?  It worked.

If you want to speak with a credit repair specialist who can analyze your situation and give you insights into how to improve your credit score, just call 281-727-0351 today.

And it’s FREE.

So do this today, while you’re thinking about it.

Your credit is your MOST important financial asset.  And understanding how it credit scoring works is essential to good, RESPONSIBLE money management.

I hope that helps.

One more thing, there’s there’s an even bigger issue going on that I’ll share with you in a future post.  It’s the dirty little secret about Credit Repair that no one is going to tell you.

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