Credit Repair Definition: Credit repair refers to improving an individual or company’s credit through a company due to negative or low scores and inaccurate information. For example, if a student loan or mortgage is incorrectly showing missed payments, this must be corrected through the lender and the credit bureau.
Often, this process begins with a dispute to resolve inaccurate details with a bank or financial institution, which impacts a credit rating. Credit repair aims to remove negative information on your account, remove errors, and improve your credit score for future loans and opportunities. Credit repair companies do not provide credit counseling, which is done through a separate organization or business to help individuals budget.

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