Your credit score is one of the most important numbers in your life. It dictates what interest rates you’re given and whether or not you’ll be eligible to buy a home or a new car.
Negative items on your credit report can hold you back from moving on in your life, and companies like Ovation Credit Repair exist to prevent that from happening.
Credit repair is something that can be done on your own, or you can hire a credit repair service like Ovation Credit Repair to do the tedious work for you.
This article will detail who Ovation Credit Repair is, what they can do for you, and whether they will be the right fit. Read on to figure out if Ovation is the right credit repair service for you.
Who is Ovation Credit Repair?
Ovation credit services has been offering credit repair services for 45 years. They are based out of Jacksonville, Florida, but anyone in the United States can use their services.
They aren’t the oldest credit repair service in the game, but they were acquired by the reputable online loan service LendingTree, Inc in 2018.
Ovation Credit Repair exists to help its customers repair their credit scores. They help customers resolve credit report discrepancies that can cause negative effects on their scores by providing free credit report consultations and personalized credit repair services.
How Does Ovation Credit Repair Work?
To get started with Ovation Credit Repair process, you first must sign up for a free credit consultation. Completing this consultation with their credit analyst does not lock you in to their paid subscription, but they will suggest that you continue with their program.
You will be paired with a personal case advisor who will be your point of contact for your entire time working with the company. You must provide your Experian credit report, and they will provide your TransUnion and Equifax reports. Your case advisor will assist you if you do not know how to access your Experian credit report.
When they have your credit reports a case file will be made for you, and you can log into your Online Dispute Manager with the login details provided. You will have preliminary questions to answer, and Ovation will build a credit repair plan based on the information you gave.
From there, Ovation handles all the work that needs to be done. They will update your case file as new information comes in. You can review your case file 24/7 through their website.
What Items Can Ovation Credit Repair Remove?
The Fair Credit Reporting Act dictates that credit bureaus are only allowed to report records that are accurate, verifiable, and current.
Any negative record, such as a late payment, should be removed from your record in 7 years, while a bankruptcy should be removed in 10. Unfortunately for everyone, this process isn’t automatic.
Ovation Credit Repair will reach out to the credit bureaus on your behalf to get these negative marks removed. Ovation will review your credit history and identify negative items, including inaccurate information, errors, or incomplete records and manage the dispute process to the credit bureaus for you.
Items that Ovation can remove include:
- Late payments
- Bankruptcies
- Charge-offs
- Collections
- Repossessions
- Judgements
- Foreclosures
- Liens
- Credit Inquiries
It’s important to remember that Ovation Credit Repair, or any other credit repair service, can only remove negative information that is inaccurate, expired, fraudulent, lost, or duplicated. They cannot remove legitimate debts.
Ovation Credit Repair Pricing
Ovation Credit Repair offers two plans: the Essentials Plan and the Essentials Plan Plus. Both charge a one-time first work fee of $89.
Essentials Plan
The Essentials Plan charges $89 upfront for their work fee and then is $79 per month.
This plan places its customers with a personal case advisor who gives personalized dispute options. In addition, every customer has 24/7 access to their case with live updates.
Customers who select the Essentials Plan will be given a personalized plan to optimize their credit going forward.
There are two add-ons available to the Essentials Plan:
- Fast Track: This add-on expedited your credit disputes.
- Identity Optimization: Helps to protect your credit against identity theft.
Both add-ons are an additional $25.
Essentials Plus Plan
The Essentials Plus Plan charges $89 upfront for their work fee and then is $109 per month.
This plan includes all the bells and whistles of the Essentials Plan and also offers:
- Unlimited challenge validation
- Ongoing TransUnion Credit Monitoring
- An official recommendation letter to use with creditors
- Goodwill letters sent directly to creditors
The three goodwill letters that can be sent to creditors are a debt validation letter, a creditor goodwill letter, and a credit recommendation letter.
Debt validation letter
A debt validation letter is sent to creditors to request confirmation of the records in question.
Creditor goodwill letter
This letter tells creditors that your account is in good standing, and it requests an account review or removal of records in good faith.
Credit recommendation letter
This letter is sent to lenders to vouch for your creditworthiness.
Both a debt validation letter and creditor goodwill letter can be sent on your own, but a credit recommendation letter cannot.
Ovation Discounts
Ovation Credit Repair offers three discounts: referral credit, couples discount, and seniors and military discount.
Referral Credit
If you refer a friend who signs up for Ovation, you are eligible for $30 off your monthly Ovation fee.
Couples Discount
If you are an Ovation customer and your spouse signs up as well, you are both eligible for a 20% ongoing discount.
Senior and Military Discount
Seniors aged 65 and older, and both retired and active-duty military members, get 10% off all Ovation Credit Repair services.
Ovation Pros and Cons
Ovation Credit Repair is a reputable company that can fix your bad credit, but it does come with a small list of cons.
Pros of Ovation Credit Repair
- Accreditation
- Free consultation
- Personalization
- Same-day service
- No contracts
Cons of Ovation Credit Repair
- Vague refund policy
- Customer service hours
- Long term cost
Let’s take a look at these pros and cons a little more in-depth.
Pros of Ovation Credit Repair
Accreditation
Ovation has an A+ rating from the Better Business Bureau (BBB), the highest rating a company can receive. This indicates reliability and trustworthiness, which are important factors when you consider handing over your credit information to a third party.
Free credit consultation
A free credit consultation is offered to all customers before signing up. No fees need to be paid for this consultation. However, they will recommend that you sign up for one of their paid plans during this consultation.
Personalization
The time spent working with Ovation is completely personalized. From the start, you will be assigned a personal case advisor who will work with you throughout your time with Ovation – you won’t have to explain your situation to a new representative every week.
Your personal case advisor will offer you recommendations for your personal credit situation, so you can rest assured you aren’t paying for generic information.
Same day service
This $25 Fast Track add-on guarantees that letters will be sent the day you contact Ovation, so you will receive positive results that much faster.
No contracts
When you sign up for Ovation, you aren’t signing a contract with a minimum use timeframe. You can cancel your service at any time without incurring a cancellation fee.
Cons of Ovation Credit Repair
Vague refund policy
It’s easy enough to cancel your Ovation account, but they do not offer a concrete refund policy after payment has been made. Ovation claims that they will refund your monthly fee if the company doesn’t meet its obligations during the month, but there is no measure of what that means. So if you create an account, make sure you get the most out of it before canceling.
Customer service hours
Ovation Credit Repair boasts a helpful customer service team, but their customer service is not 24/7. If you want to contact them, make sure it’s during normal business hours.
Long term cost
Ovation lets its customers know that it can take up to six months to see optimal results, which means its Essential Plan members can spend almost $500 while the Essential Plus Plan members can spend over $600.
Ovation Credit Repair Reviews
Ovation has an A+ rating on Better Business Bureau, the highest rating a company can achieve. It has been accredited since 2004.
Past reviews include:
“Started out with nine collection accounts on my Experian credit report. Two months later, only three left! I can’t believe how much improvement I’ve seen in such a short time. Thank you!” – J.M.
“I was skeptical when I first signed up, but the results speak for themselves. My credit scores have gone from low 500s to mid 700s and only three months! Can’t say enough great things about Ovation Credit!” – C.P.
“I was a client for one year and six months..they really helped my credit profile. I had ten negative accounts…by the end of my time, I was down to only one negative account! I would strongly recommend this company for help with any credit issues.” – K.H.
Is Ovation Credit Repair Right For You?
Depending on your credit issues, Ovation Credit Repair can be a worthwhile expense.
It’s important to remember that credit repair companies are not miracle workers who can delete accurate yet negative marks from your credit report – rather, they are trained professionals who can speed up the process of removing inaccurate or old information.
Ovation Credit Repair can be a great fit for you if you:
- Want a free credit consultation and professional credit analysis
- Want expert advice on how to fix your credit
- Don’t know where to begin with credit repair
- Don’t know how to write or submit goodwill or dispute letters
- Know you have inaccuracies or outdated claims but don’t know how to handle them
Ovation Credit Repair FAQ
Is Ovation Credit Repair Legit?
Yes, Ovation Credit Repair is a legit company. It has over four decades of experience, an A+ BBB rating, and has recently been acquired by LendingTree.
How long will it take Ovation to repair my credit?
Ovation’s website notes that results will vary, but customers can expect a six to eight-month wait before any results are seen. The length of time to see positive results depends on how bad a person’s credit score or history is. This is by no means a quick fix, so Ovation is not for you if you’re looking for an improvement in just a few weeks.
Does Ovation offer a guarantee?
Yes, Ovation Credit Repair offers a 100% service satisfaction guarantee. If they do not provide the agreed-upon services as outlined in the service agreement, they will refund your monthly fee or not bill you for that month.
However, they do not guarantee specific results – no credit repair agency can. They can’t guarantee specific results about improving your credit score, but Ovation does ensure that they take the necessary steps towards getting you the results you want.
Is Ovation Credit Repair expensive?
Ovation’s pricing is average for the industry, starting at $79 per month. However, they do offer a discount for those who sign up for six months or more of service.
What is the Ovation Credit Repair BBB rating?
Ovation Credit Repair has an A+ rating with the Better Business Bureau.
Are there any Ovation Credit Repair complaints?
Ovation Credit Repair has very few complaints compared to its competitors. The most common complaint is that the results take too long to show up. However, this is to be expected with any credit repair company – they can’t delete accurate but negative marks from your credit report, so it will take some time to see results.
Wrapping It Up
Ovation Credit Repair is an A+ rated credit repair service that’s been in the credit repair game for over four decades.
A credit repair service can be a great option for those with mistakes on their credit record. Yes, individuals can make disputes with credit bureaus on their own without a third party, but sometimes utilizing experts is best in the long term.
In the credit repair industry, there are several companies that offer similar services such as Lexington Law, Credit Saint and Sky Blue Credit. Ovation offers a competitive price along with great customer reviews along with an A+ rating from the BBB. In our opinion both Credit Saint and Ovation offer the best credit repair services.
Ovation Credit Repair is an excellent option for those looking for experts to analyze their credit history, spot mistakes, and follow up on disputes.
