With so many new and inexperienced credit repair providers coming onto the scene, many of which are simply turnkey businesses using third party software to power their service, it becomes difficult to determine who you can trust with your credit reports. Here are three tips for spotting a quality credit repair company.

The credit repair industry can be a frightening place. With the number of news articles, television stories, and opinion pieces cautioning against credit repair scams that get pushed out by well regarded media outlets, it can look like the best option is to steer clear of credit repair companies entirely - something many news outlets seem to advocate.

Considering how your credit rating factors in accomplishing so many New Year's resolutions, it makes sense to address this one factor before moving to other goals. Then, if you are able to use credit repair to increase your credit score, you will already have a good start on accomplishing New Year's resolutions this year and years to come.

Charge offs can take a serious toll on your credit rating, so much so that a single charge off could result in denial of credit. If you're looking to improve your credit score, it is worth it to look into the steps you can take in an attempt to remove charge offs from your credit file.

Collections accounts can take a serious toll on your creditrating, with higher collection amounts taking a large toll than smaller amounts. If you're looking to improve your credit score, it is worth it to look into the steps you can take in an attempt to remove collection accounts from your credit file.

Late payments can take a serious toll on your credit score, especially if payments are reported to be of 90 days late or more. If you are looking to improve your credit score, it's certainly worth looking into the steps you can take in an attempt to remove late payments from your credit reports.

The Credit Repair Organizations Act (CROA) has established guidelines credit repair providers must adhere to that you can use to help select a trustworthy credit repair company and avoid being victimized by a credit repair scam.

The Fair Credit Reporting Act was passed to protect your right to fair and accurate credit reporting, but it is still up to you to work toward that goal. When working to fix your credit by disputing questionable items in your credit reports, you are enforcing this right.

You have the ability to add a one hundred word statement to your credit reports to explain the circumstances behind any negative listings. Unfortunately, it is very unlikely that this 100 word statement will do anything to help you get a loan and there is no chance that it will increase your credit score.

There are a few quick things you may be able to do to quickly add points to your credit score which, if you are trying to get a new loan, could pay big dividends for a minimal amount of work. But if your credit is in need of a bigger fix, it's going to take more than a quick credit fix.