CreditMarvel.com is dedicated to providing the very best credit repair company reviews anywhere. When it comes to something as delicate as your personal finances, it is essential to have a clear overview of what you will be receiving for your time and money. Each credit restoration service that we recommend will have SOME type of value or edge over their competitors. Our job is to provide you with an unbiased look at each company’s strengths and weaknesses so that you can make the best decision for you and your family’s future.
We use a quantitative ranking method to determine our scores for each credit repair company that we review. Here is a list of the different metrics we use in our ranking strategy and their ranking weight for each:
Features & Services
Every credit repair company will have a few variations in what they offer as part of their overall service package. For example, Lexington Law offers XXXXXXX, while Sky Blue Credit does not. The features that are offered should be aligned with your personal needs and should be comprehensive during the restoration process. We gave this metric a weight of 90% to ensure that all of the features and services that you need are available to you.
Benefits
We’re sure that you can agree that the benefits received from a credit repair company’s service is paramount in your decision making process! This is exactly why the “benefits” metric in our ranking system carries a weight of 100%. We MUST ensure that the company you choose meets or exceeds your expectations.
Customer Service
Press 9 to hear a menu of options….just kidding!
No one wants to add any more frustration to their lives, which is exactly why we gave ‘Customer Service’ a weight of 80%. You need to get clear and concise answers as easily as possible. Any company that makes your life more difficult will have their overall review score dragged down.
Price
It’s likely that money is already tight if you’re on the hunt for a credit repair company. This makes it essential that you get the best bang for your buck. We only review companies that provide significant value to their clients, which is why pricing is a major component in our overall ranking strategy.
Guarantees/Warranties
This metric carries the lowest weight in our strategy because we believe that you should never get to a point where you have to call upon a company’s guarantee in the first place. We have been to the trenches and have emerged with a handful of restoration companies that stand behind their word. Of course, it’s important to have a safety net – which is why we gave our “guarantees” metric a weight of 60%.
BBB Rating
Planet Earth has become social! We look to our peers for advice and recommendations in every facet of life these days. The feedback that the Better Business Bureau provides is invaluable and absolutely needs to be accounted for in our reviews. It carries a weight of 70% in our ranking system.
Speed & Reliability
There isn’t any doubt that repairing your credit is a process that consists of several baby steps. We weigh the speed and reliability of each company at 80%. There should be no reason to lengthen the process at all. Credit repair clients should feel confident that they are getting exactly what they are paying for in a timely manner.
CreditMarvel’s Ranking Formula
We use a simple quantitative scoring system to come up with a grade for each company that we review. Here is the process we use:
- Each company will receive a score on a scale of 1 to 10 for each metric listed above.
- We then multiple the score the company received for each metric by the metrics weight.
- The score for each metric is then added together to reach an overall score.
- We then compute the best overall score that is achievable based on our weight system.
- The company’s overall score is then divided by the best overall score and multiplied by 100 to get to their final review rating.
Did we miss anything that you feel is a major component to accurately ranking these credit repair companies? Let us know by contacting us here!