Credit Repair Companion review

If incorrect credit report listings are holding you back, Credit Repair Companion could help.

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By

Rebecca Pike

Updated

Fact checked

What is Credit Repair Companion?

Credit Repair Companion helps you to dispute bad credit listings on your credit report, so that you can get your credit score back on track.

It provides a service that you can do yourself for free, but if you're feeling overwhelmed by the process or unsure where to start, this might be a helpful service for you.

How does Credit Repair Companion work?

If you have any discrepancies or bad listings on your credit file, Credit Repair Companion will help you take the steps to remove them.

It provides tailored dispute letters, automated audit tools and further tips and resources.

Credit Repair Companion helps you to dispute:

  • Credit enquiries: Any applications for credit whether you've been approved or not. It can make it harder for you to get credit because if you have multiple credit applications you seem an untrustworthy borrower. These stay on your credit file for 5 years.
  • Default listings: Any debt that is 60 days or more overdue. These stay on your credit file for 5 years.
  • Serious credit infringements: Any debts where it seems like you're not paying it back at all. These stay on your credit file for 7 years.

Although anyone can access their credit file and dispute listings, Credit Repair Companion helps you navigate how and provides a helpful tracking system.

What are the benefits and drawbacks of Credit Repair Companion?

Pros:

  • Credit Score Companion will provide you with everything you need to dispute listings
  • Helpful tracking tool
  • One off upfront cost per listing - no ongoing fees

Cons:

  • If you have multiple credit infringements it could become costly
  • If you know what you're doing, you could do this for free

How much does Credit Repair Companion cost?

There are no ongoing fees to use this service, it simply charges a one-off fee per listing you want to dispute.

  • Credit enquiry: $49 per enquiry
  • Default listing: $179 per default listing
  • Serious credit infringement: $189 per serious credit infringement

Sources

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Written by

Editor, Money

Rebecca Pike is Finder’s money editor, with over 7 years of experience in mortgages and personal finance. A frequent TV and radio commentator, she frequently appears on Sunrise and 7News, Today and 9News, as well as Sky News, Channel 10 and across radio and print. Rebecca previously served as Editor of Mortgage Professional Australia. She has a Master’s degree in Journalism as well as ASIC-recognised certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products, which comply with ASIC guidelines. See full bio

Rebecca's expertise
Rebecca has written 300 Finder guides across topics including:
  • Home loans
  • Personal Loans
  • Car Loans
  • Cost of living
  • Budgeting

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