Simple definition: Credit Repair is the process of improving creditworthiness with creditors.
The top three credit bureaus in the U.S. are Experian, Equifax, and TransUnion. A credit bureau collects and researches individual credit information, then sells it to creditors so they can make decisions about granting loans. The companies or agencies that help to legally clean-up bad credit information in order to give a fresh start to the consumers are known as credit repair companies or agencies.
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