has anyone done business with Axiom Financial Group? They are supposed to help with credit repair. Thanks?

Question

They claim that they can improve your credit score 100-200 points in as little as 180 days. Their website seems real and I have talked face to face with real people but am skeptical. Looking for "real" people who amy have real-life experience with this company.

Answer 1

I havn't used this company but used one out west. My credit score went up about 77 points in 60 days. It's not a scam. They just use some consumer credit laws to dispute stuff. Yes, you could do it yourself if you have the time and patience. I figured it was worth having someone do it. Don't pay more than $1,700. I shopped around and that seems to be the right area.

Answer 2

Sorry, haven't dealt with them. The best way to a good credit record is to consistently make payments on time. People promising a quick fix are either lying, advising something illegal, or both.

My suggestion:
First, pull your credit reports. You're entitled to one free from each major agency each year, through [1] below. From there, figure out what's bringing your credit down. If you purchase a report-and-score kit from somewhere like [2], they'll include an analysis of specific factors, both positive and negative.

Next, fix the mistakes. If there's flat-out wrong information on your record, like delinquent accounts that aren't yours, dispute them. If the creditor can't prove that their records are right, they have to remove the record. If there are accurate negative items, like unpaid collections, on your report, pay off any remaining balances. You may even be able to negotiate with the creditor: "If I pay this off right now, will you take it off of my credit report?" Everything on your report has to be true, but there's nothing saying that everything has to be on your report. Disputing accurate negative information, like some of these credit-fix workshops suggest, is ILLEGAL.

Finally, make a point of paying your debts on time, every time. Late payments mean late fees and higher interest rates, and those just keep you in the hole longer. If you want to learn more about consumer credit and how to build up your score, I highly recommend Fool.com [3], a financial site that's sorta affiliated with Yahoo! They have pages and pages of soild information, plus discussion boards (for a fee) where other users can answer specific questions or provide support.

Okay, sorry about the plug. But I love their site. Point is, there's no quick fix. It's a matter of self-control, and showing creditors that you're in charge of your finances.

Answer 3

Axiom Financial Group is charging you for something you can do yourself for fee. They only dispute items on your credit reports that are truly inaccurate. There is not one credit repair service that can legally make accurate items on your report disappear.
If you have an entry on your credit report that you believe is inaccurate, call the collection agency or creditors and make them send you proof of this alleged debt. Now, you can send the proof that you don't owe this debt, on to the credit bureaus.
Getting your reports updated by the credit bureaus take time, so be patient.
I did this myself awhile back. After disputing how the entries where being reported, the bureaus came back with verification. However, after contacting the creditors themselves, all disputed entries are now being reported accurately.

Answer 4

You should probably be aware of the following statement by the FTC:

http://www.ftc.gov/bcp/conline/pubs/credit/repair.htm

Hope this helps!