For those who have done damage, or had damage done to their credit, the question of how to fix it is at the top of their mind.
While you can do this by yourself, if you feel you need help there are credit repair services that can help you expedite the process.
This review of Ovation Credit Services will help you understand how they can help you repair your credit and be eligible for larger purchases.
How Does Ovation Credit Services Work?
One of the most stressful things that can hamper your financial stability is a bad credit profile. This may be the result of some false, duplicate, expired or fraudulent entries into your profile and needs to be dealt with but you may not have the required expertise for this task.
This is where credit repair services like Ovation come into the picture. The company helps you in repairing your credit profile and achieve a better financial standing by the credit repair process easy, personal and more effective.
The company, with its dedicated team of experts and attorneys, has helped tens of thousands of Americans in overcoming problems with their credit through specialized credit repair processes, credit expertise, complemented by exceptional one-on-one customer service.
Once you register yourself with Ovation, the company starts identifying your points of concern in your credit report. This is followed by decisions on which negative items are to be disputed. Finally, Ovation’s legal team gets to work to get you your desired results.
What Kinds of Credit Problems Can They Help With?
There is a wide array of things that Ovation can help you with. The company works to legally remove a number of issues from you report starting with late payments, collections, charge-offs and bankruptcies, along with judgments, liens, credit inquiries and foreclosures.
You can contact Ovation if you find yourself in the need of a free credit consultation with a professional credit analyst who can gauge your financial situation. Most importantly, the company should be contacted if you need any advice about credit repair or if you are looking to repair your credit.
If you are not sure about where you currently stand credit wise, or if you want to improve your credit score, Ovation Credit Services is a good option. Choose from one of the company’s plans and receive 24/7 access to great financial tools.
Plans and Pricing
Ovation offers its customers two specialized plans. One is more basic and can help you deal with the regular issues with your financial profile while the other is a little more extensive. Keep reading to find out more about each and decide if they suit your needs.
For the more standard credit report repair issues, Ovation has an Essentials Program. This comes with all the tools that you may need to deal with each inaccurate, misleading, or unverifiable item on your credit report.
Within this, you can choose the Fast-Track Essentials Plan – $114 for the first work fee and then $69 monthly – or the Standard Essentials Plan – for which you will be charged $89 for your first work fee and then $69 monthly.
It comes with a personalized dispute option, a personal case advisor for you to work with and an online dispute manager. In addition to this, you will gain access to the company’s financial management tools that range from budget building to debt paying.
Essentials Plus Program
In addition to all the features of the Essential plan, the Essentials Plus comes equipped with tools that can help with more complex credit repair issues.
The two options here are the Fast-Track Essentials Plus Plan – $114 for the first work fee and then $99 monthly – and the Standard Essentials Plus Plan – at $89 for the first work fee and then $99 monthly.
The features of this plan include unlimited challenge validation letters that Ovation will send to the creditors you choose to challenge when it comes to the validity of the questionable items on your credit report.
The company will also send unlimited custom goodwill letters to advise the creditors of your good standing or to request a review of the account. Other features include official ovation recommendation letters and Transunion credit monitoring.
Ovation Credit Services is one of the oldest names in the field with an experience of over 40 years. With its great reputation in the field of customer service, the company in its current form was set up in 2004 and is currently a leading provider of credit services in the United States.
Early in 2018, it was announced that LendingTree Inc., one of the country’s leading online loan marketplace, will be acquiring Ovation Credit Services for a total consideration of $20.75 million. This includes $12 million in cash at closing, along with contingent consideration payments of close to $8.75 million.
LendingTree is known for providing its large base of consumers with a wide range of online tools and information that can help them in finding the best loans according to their individual needs.
After having facilitated over 65 million loan requests, LendingTree diversified into the field of credit report repair and credit correction consultations with its acquisition of Ovation Credit Services on June 12, 2018.
Ovation Credit Alternatives
Ovation is just one of many credit repair services. Some of their top competitors include:
- Lexington Law – Probably the most well known credit repair service, Lexington Law provides a top level of service.
- Pyramid Credit – While it sounds like a weird name, Pyramid Credit Repair is one of the best companies in the industry.
- The Credit People – The only company to offer a 7-day trial, The Credit People has a unique billing style with top notch service.
- Credible Destination for You to Solve Your Credit Woes – Ovation Credit Services is an accredited business according to Better Business Bureau (BBB). It also boasts of an A+ rating by BBB, so you know you’re in good hands.
- Options to Customize – In a feature that is unique to Ovation Credit Services, the company allows its customers to customize their experience by choosing services that suit their needs.
- Same-day Service – If you need financial assistance in a hurry, the company also offers same day service for credit repair. This includes a promise that the dispute letters will be sent out fast, in order for them to reach the appropriate bureaus on the same day that you sign up.
- The Option of Identity Optimization – The Ovation offers this unique feature that lets customers protect themselves from identity fraud as they work towards improving credit.
- Lack of Education for Customers – While the company does have a Credit Education section on their website, it fails to give customers information that will allow them to improve their credit score themselves.
- Missing Customer Reviews – The company’s website is well designed but lacks a section where you can access testimonials put forth by others who have used Ovation’s services. Such reviews can help customers make better decisions when they have to choose a company for their credit repairs.
Ovation Credit Repair Bottom Line
Ovation had a good reputation before they were purchased by LendingTree. Since then their standing has gone up while maintaining their top service rating.
While you can always do credit repair on your own, Ovation will take good care of you if you feel it is overwhelming, don’t know where to start, or simply do not want to spend the time going through the process.