If you’re located in Texas or Louisiana, you may have heard of Trinity Credit Services, a regional credit repair company that advertises customized plans and one-on-one credit assistance. There are plenty of advantages to choosing a local business for credit repair, not the least of which is more personalized attention. But can Trinity Credit Services really stand up to competition from national credit repair giants? Our review uncovered a few surprises about this company and one major red flag you should know about before moving forward.
Free credit report evaluation: Trinity Credit Services’ free consultation goes into much further depth than most competitors, including free copies of your credit reports and a one-on-one review with a specialist.
Tailors services to your goals: If you’re pursuing credit repair services for a specific reason, such as purchasing a home or car, Trinity Credit Services can help get your credit where it needs to be.
Offers a money-back guarantee: Trinity Credit Services offers a refund if you don’t see results, although there aren’t any specific guidelines that dictate when or how to request one.
Track progress through an online portal: The company provides customers with an online portal that shows the progress of each individual dispute.
Provides a credit survival guide: Trinity Credit Services’ proprietary guide walks you through the credit repair process and teaches additional ways to improve credit. Customers receive this by mail within 10 days after signing up for services.
Service area limited to Texas and Louisiana: You can only sign up with Trinity Credit Services if you live in one of 14 metropolitan areas across these two states.
Doesn’t disclose pricing: Trinity Credit Services won’t tell you how much their services cost unless you call and ask. Most reputable credit repair companies clearly post this information on their website for transparency.
Mixed customer feedback: While many reviews for Trinity Credit Services are positive, there’s also a considerable number of complaints.
Must call to sign up: The company doesn’t let you get in touch or ask for a quote online. The only way to request services is to pick up the phone and call.
Credit monitoring not included: Some credit repair companies provide credit monitoring for free or at an additional monthly cost, but Trinity Credit Services fails to offer it entirely.
Types of Services
Trinity Credit Services presents a relatively limited scope of credit repair services compared to competitors. Aside from basic credit disputes, there isn’t much the company will do for you. With that said, Trinity Credit Services does go above and beyond to supply customers with noteworthy educational tools and resources.
The primary reason most people hire a credit repair company is to have someone handle the credit dispute process. According to Trinity Credit Services, they begin sending disputes to the credit bureaus fairly quickly, within five days of signup. The bureaus then mail their decisions directly to the customer’s home address. To help handle the correspondence, Trinity Credit Services sends each customer a pack of labels to attach to any communications received before forwarding them to their case manager.
It isn’t out of the norm for credit repair companies to provide customers with educational tools, but Trinity Credit Services makes this a core focus of their product. The company mails each customer a credit survival guide with ample information and resources. They also encourage customers to attend complimentary webinars and complete online learning programs.
If a credit repair company’s standard plan doesn’t quite fit the bill, you can sometimes take advantage of optional add-ons to create a customized package. Trinity Credit Service offers something similar through its Credit Ready program, a plan that takes a more goal-oriented approach than the standard service. Through Credit Ready, the company will work with you to achieve a specific financial outcome by combining credit repair services with a credit improvement strategy and education.
Loan Approval Assistance
If you’re aiming to improve your credit before securing a home or car loan, Trinity Credit Services will continue working with you after the credit repair process is complete. Once your credit score is in the best shape possible, the company will guide you through the process of applying for and securing a loan, ideally helping you get better terms than you would otherwise.
Credit repair companies often make money through affiliate partnerships, collecting a commission anytime they refer customers to a third-party service. If you work with Trinity Credit Repair to secure a loan, keep in mind that this may affect which lenders they recommend. Do your homework and get rates from your own lenders to compare terms first.
Job Application Preparation
Certain jobs may check your credit report before extending an offer. If you work in an industry related to finance or hold a position that requires a security clearance, having poor credit could hurt your career. Trinity Credit Service offers a dedicated option for job applicants worried about items on their report that might place them in a negative light.
Trinity Credit Services is a regional credit repair company that only serves clients in Texas and Louisiana. Representatives, which the company calls credit navigators, are available during business hours by phone and email. Customers located in the McKinney, Texas, area are also encouraged to visit the Trinity Credit Services office in person. Hours of operation run from 9:00 a.m. until 6:00 p.m., Monday through Friday.
Depending on where you go for information about Trinity Credit Services, you’ll find a vastly different mix of customer feedback. The company has an excellent 4.5-star average rating on its Google listing, with dozens of rave reviews and only a handful of negative ones.
On the other hand, Trinity Credit Services’ Better Business Bureau rating of C+ leaves something to be desired. Most concerning is the presence of complaints that detail questionable business practices, including asking for several months’ worth of fees upfront and promising specific outcomes. However, no official complaints have been filed with the Consumer Financial Protection Bureau.
The Credit Repair Organizations Act prohibits credit repair companies from promising a specific outcome to customers who pay for their service. If any credit repair service guarantees that you’ll see certain results, find a different company to work with.
If you have a complaint about the services of a credit repair company, you can file a complaint with the Federal Trade Commission (FTC) or call 877-FTC-HELP.
Trinity Credit Services doesn’t officially lock customers into a month-to-month contract and cautions on its website against working with credit repair companies that do. However, multiple testimonials from former customers claim that the company provided an estimated service length and asked for payment upfront according to that projected time period. This is potentially problematic as credit repair companies have no way to accurately predict the number of months it will take to complete the credit dispute process.
In spite of this, Trinity Credit Services does offer a money-back guarantee on its credit repair service. If you don’t see any results, you’re entitled to request a refund. However, the company doesn’t give details on how long customers are expected to wait before asking for their money back. Most competitors with guarantees give a specific period of time, typically 60 or 90 days.
Our most pressing concern about Trinity Credit Services is that the company doesn’t publicly disclose its pricing information. According to the multiple data sources we used, services run $70 to $100 per month based on the individual amount of debt. However, the company requires customers to actually call and ask for pricing.
There’s no good reason to work with a credit repair company that isn’t transparent about its pricing structure. The vast majority of reputable services post prices clearly on their website to let customers decide if they can afford it before picking up the phone. Those that neglect to show this information often do so to get customers on the phone, where they can more easily be convinced to sign up through pressuring sales tactics.
The Competition: Trinity Credit Services vs. The Credit People
We compared Trinity Credit Services to The Credit People, a competitor that provides credit repair to customers anywhere in the country. Like Trinity Credit Services, The Credit People is also known to ask customers to prepay for several months of services, although the latter discloses this clearly on its website alongside a month-to-month option.
The Credit People charges a low $19 first work fee and a flat-rate ongoing service fee of $79 per month. With this fee, you’ll also get complimentary credit monitoring, which isn’t available through Trinity Credit Services. Even though The Credit People’s library of educational materials doesn’t quite meet the high bar set by Trinity Credit Services, The Credit People still emerges as the clear winner for its transparency and value.
Trinity Credit Services
The Credit People
Credit disputes, financing assistance
Credit disputes, credit monitoring
Customer Service Touchpoints
Phone, email, in person, client portal
Phone, email, client portal
$70 to $100
Trinity Credit Services offers personalized, small-business service and has a great focus on customer education. Unfortunately, this is overshadowed by a pricing structure that lacks transparency and doesn’t work in the customer’s favor. Those located in Trinity Credit Services’ limited service area of Texas and Louisiana should consider alternatives before handing over several months’ worth of service fees in advance.
How We Review Credit Repair Companies
Despite strict legislation governing credit repair, the companies that make up the industry are known for reeling customers in with lofty promises that often can’t be kept. To help you navigate the trap-laden world of credit repair, we review companies using a strict set of guidelines based on expert input and industry standards. Our scoring system takes every aspect of credit repair into consideration, including the type of services offered, fee structure, company reputation, and customer feedback.
Bad Credit Credit Cards – Workout My Credit Solutions Rises as an Authority in Credit Repair and Financial Education
Quality of life is impacted by numerous factors, and one of its most significant determinants is a person’s financial health. For the most part, financial stability involves the ability to provide for themselves or their family members without putting a significant dent in their wallets. As a concept, financial stability – as well as financial freedom – is easy to understand but achieving and maintaining it is a whole new story. Today, millions of individuals around the world are struggling with money issues, some of which are caused by the outbreak of COVID-19. However, there are those contending with bad credit, in particular, as a result of ill-informed decisions, mismanagement, and more. Widely acclaimed for the extent to which it helps clients get their credit into shape, Workout My Credit Solutions, LLC has emerged as a go-to venture that is currently making waves in the industry.
Also Read | Top 9 Upcoming Credit Repair Companies
This emerging powerhouse was launched by Nicole Fisher, a 25-year-old serial entrepreneur who has earned recognition for her all-out attitude toward lending people a hand through her initiatives. Highly cognizant of the impact of bad credit on one’s financial health, she started Workout My Credit Solutions in May 2020 and, since then, has been making it possible for clients to get approved for credit cards, mortgage loans, and auto loans, to name a few.
In just a year, the credit repair company has seen impressive growth, reaching remarkable heights due to its consistent delivery of top-notch services. Apart from restoring one’s credit into its former glory, Workout My Credit Solutions also delivers financial education because it believes in the importance of equipping clients with the knowledge they need to handle their money better. It acknowledges the existing gaps in the current educational system where ample attention is not given to arming people with the skills they need to secure a financially stable future. “Our goal is to help clients understand how credit works while they are in the process of getting it fixed,” shares Nicole Fisher.
Also Read | Top 9 Upcoming Credit Repair Companies
Additionally, Workout My Credit Solutions, under the leadership of Nicole Fisher, enables clients to get pre-approved mortgage loans after having their credit repaired by this five-star company. The additional service is strategically designed and incorporated into its inventory of offerings to translate into reality the dreams of those wishing to own a home.
On track to taking center stage, Workout My Credit Solutions has been on the receiving end of excellent reviews from everyone who has come under its wing. It takes pride in the long list of accomplishments it managed to snag under its belt shortly after its establishment and is set to reach the forefront of the industry in the coming years.
With its dedication to pushing people toward financial freedom, Workout My Credit Solutions is bound to remain an impressive force. As it carves a path toward the summit, it plans to continue serving as a leading authority in credit repair and financial education.
Bad Credit Credit Cards – Workout My Credit Solutions Rises as an Authority in Credit Repair and Financial Education
According to the Condusef, credit repair companies, as their name indicates, are companies that can negotiate your debts and even clean up your negative image in the Credit Bureau. The body points out that it does not exist as a legal figure.
Credit repair firms are not supervised by the government and the way they operate is determined by their employees. The offer that they make to erase your credit history in the Credit Bureau in exchange for money is not possible, they cannot do it.
Some repair companies support people whose debts are greater than 30,000 pesos. Photo: My Pocket.
Some repair companies support people whose debts are greater than 30,000 pesos, on credit cards, debit cards, loans or departmental cards. Users may be behind with their payments, or have reached over-indebtedness or inability to pay.
Functions of credit repairers:
The Condusef points out that credit repair companies offer these services:
Legal and financial advice: They consider your income, your expenses and the debts you have, then they calculate the amount of money that you can dedicate to pay your debts or if they can get you another loan to put together the payment scheme. They negotiate on your behalf: They negotiate the restructuring with the credit institutions and also negotiate the reduction to the amount of your debt. They divert the calls of the collection offices to them: An attractive aspect of the service that the repair companies offer is that they free you from the phone calls of the collection offices of your creditors.
The Condusef clarifies that the discounts or discounts offered by credit repairers depend on negotiation and the goodwill of your creditors.
If you consider necessary the intervention of a repair company to solve your payment problems, the Condusef suggests that you analyze the contract, see if you agree with the conditions established there, the cost, in short, everything that they indicate and what would happen if you drop out of the program or fall behind, once again, with payments.
The Condusef also warns that some repair companies charge for each phase of the process and others a monthly fee or a percentage of the decrease in your debt.
The Condusef recommends, if you find yourself in trouble paying your debts, that instead of requesting the services of a credit repair company, you go to any credit institution that you owe and with them you see the possibility of renegotiating the payment conditions .
With their new website launch, Intel Credit Consultants is seeking to serve its clients better and effectively by providing an easy to navigate platform
Credit repair company, Intel Credit Consultants has launched a new website. While making the announcement, the lead consultant at the company said they are seeking to provide better services to their customers at a time when people have been negatively affected by the effects of COVID 19 on the economy. The new website according to the company representative is easy to use and navigate with visitors finding what they need easily and quickly. “We are providing a platform where our customers and visitors can get all the information they are looking for easily. We understand the pain that people go through as they seek for information on credit repair, our newly upgraded platform is arranged in such a way that answers that you seek are answered and to your satisfaction,” said the company representative while articulating some of the features they have included to make their platform more user friendly and informative.
Apart from sections that articulate the company services and other related information, the website also contains a blog section where customers and visitors can find articles written by professional credit repair specialists. “As a company that believes in equipping its customers with information which help them make informed decisions , we will be posting well-researched and detailed articles that educate on credit repair and other financial matters,” said the company representative adding that this information is vital for any individual or business that is seeking to boost financial position.
Intel Credit Consultants has been providing credit repair services to its customers for a number of years growing to be one of the most trusted and reliable companies. According to the company representative, they are highly rated in the Google Reviews, something he attributed to quality services and superior customer support they have been providing to their customers. He added that with the new website, they will reach out to more people who are looking for credit repair assistance.
The credit repair company offers several packages including: Credit Wiz package which is a onetime purchase that allows lifetime access, gives access to documents and an option to become affiliate referrals. Finance plus package offers the customer different ways to remove negative info. Powerhouse package, elite credit repair and Elite financial repair are the other packages that customers can subscribe to, each providing several features which the company representative says are all aimed at providing superior credit repair services. The company spokesperson invites people seeking for credit repair services to visit the website and learn more about the packages.
Intel Credit Consultants is a credit repair company that prioritizes on clients’ needs making sure they are equipped with information that helps them make informed credit decisions. The trustworthy and hardworking credit repair firm aims at helping its clients reach their full financial potential. They are known for fast credit repair services targeting at seeing real improvement in client’s credit score in less than six weeks.