Despite Maryland’s diversified economy, job opportunities, and high median household income, local residents still might find themselves with less than a perfect credit score. Thankfully, companies offering credit repair in Maryland can come to the rescue. But how to find the industry’s finest? Look no further. In this article, we have put together all you need to resolve your credit-report-related concerns, so read on.
Ranked #1 in Challenging Inaccurate Credit Data
This New Jersey-based company has been in the credit repair business since 2007, boasting an A rating from the Better Business Bureau. Apart from an aggressive team that has helped thousands of customers improve their credit scores, its credit repair service highlights include a free phone consultation and a 90-day money-back guarantee.
TAKE THE FIRST STEP TO IMPROVE YOUR CREDIT
Based in Reisterstown in Baltimore County, United Legal Credit Services is one of the younger players in the credit repair industry. Apart from a strong rating and excellent customer service, the firm is known for its affordable plans, one for credit repair with unlimited disputes and the other solely for credit monitoring.
Top Rated Credit Repair Company
Hailing out of New Jersey with an A+ BBB rating, this firm is known for its AI-driven personal credit management system. Founded in 2009, it has been ranked among the fastest-growing companies in the business and offers many features that go beyond credit score repair services, such as dark web monitoring, bill reminder, and pharmacy savings.
Achieve Credit Greatness Today.
The Pennsylvania-based Credit Blueprint is a small firm that also caters to customers in Maryland, New Jersey, and Delaware with its quality credit repair services. Its nearly decade-long industry experience is complemented by consistently solid ratings, positive customer reviews, an efficient repair process, and a strong focus on credit-related coaching.
Both federal and state laws govern the credit repair business stateside, and Maryland is no exception. Thus, credit repair agencies in Maryland have to follow the two federal laws—the CROA and the FCRA—and Maryland state law. The primary local regulation for credit repair is known as the Maryland Credit Services Businesses Act. We’ve summarized the essentials below and recommend that you check them out before signing on the dotted line with your credit repair provider of choice.
The law for credit repair in Maryland defines a credit services business as an entity that provides or represents that it can provide any of the following services in return for payment:
This law does not apply in some instances, including to any credit repair attorney in Maryland that renders services in the course and scope of practice as a lawyer and not regularly.
Credit repair firms must obtain a credit repair license in Maryland, issued by the Commissioner. Moreover, such businesses must clearly state the license number or an exemption from the Commissioner when advertising their credit repair services in Maryland.
To complete their credit repair certification in Maryland, firms are also required to obtain a surety bond of $50,000 issued by a company authorized to do business in the state. The surety is liable only for actual damages and not for punitive damages. The surety’s aggregate liability to all persons damaged by a credit repair firm’s violation of this Act cannot exceed the surety bond amount.
All credit repair companies in Maryland are required to provide an information statement to their customers. The information statement must include the following:
Credit repair companies in Maryland must maintain a copy of every information statement, signed by the customer, on file for two years from the date of signing.
Contracts between customers and credit repair firms must be in writing, dated, and signed by the customer. The contract must include:
Credit repair companies in Maryland cannot:
Credit Saint often finds itself among the top-rated credit repair firms in the US, thanks to its solid experience and reputation. While the firm is headquartered in New Jersey, it also has highly qualified teams servicing several other locations, making it an excellent option for consumers looking for the best credit repair in Maryland.
Credit Saint further boasts affordable monthly fees for a Maryland credit repair service. Its three packages—Credit Polish, Credit Remodel, and Credit Sales—cost $79.99, $99.99, and $119.99 per month, respectively. As you go up, the included services and the number of items challenged go up as well. The overall spread and associated fees are fairly balanced, even though the low five-challenge limit and the absence of credit monitoring with the lowest-tier plan could put off some customers.
The three tiers have initial fees of $99, $99, and $195, and the fee for the highest tier is slightly expensive for credit repair services in Maryland. That said, most customers consider the higher expense justifiable because of the included features. After all, you get unlimited challenges, inquiry targeting, credit monitoring, and aggressive dispute handling from the best-rated firm in the country.
One minor negative is the absence of sufficient resources on the firm’s website. Most good firms, especially those offering credit-related education, tend to have handy tips on their site. Of course, this doesn’t imply that those tools won’t be available to paying clients on their online dashboard.
Among the homegrown licensed credit repair companies in Maryland, United Legal Credit Services has several positives that make it stand out from the crowd. The first of these is its two payment plans that seem to have been thoughtfully designed to cater to different customers’ needs.
The firm’s Premium Plan has a monthly fee of $99 and includes unlimited challenge validation letters, unlimited creditor goodwill letters, official legal recommendation letters, and TransUnion credit monitoring. The setup fee of $199 is on the higher side for credit repair in Maryland, but it gets you lifetime credit-related alerts and updates in your client portal. The firm also offers discounts for couples, military personnel, and seniors; you also get sizable dollar credits for switching from another credit repair firm to United Legal or referring a friend.
The other plan is solely for credit monitoring, which costs you $1 for a 14-day trial and $24.95/month after that. Included are monitoring for the three bureaus, $1 million ID theft protection, and score booster resources. The firm also mentions customized services you can add on for extra fees, such as a full credit audit via phone for $81. You can discuss these with the team during your free consultation.
The firm is less experienced than some other top credit repair agencies in Maryland, which we have considered. However, its strong A+ BBB rating, positive feedback in the few customer reviews available, and excellent customer service can be regarded to make up for what it loses out on experience.
The Credit Pros is another New Jersey-headquartered firm that has grown to be among the best credit repair agencies in Maryland. The firm’s highlight is the range of extra services it offers, providing good value for money for customers who would prefer not to pay another agency for these.
The Credit Pros has three credit repair plans with monthly fees of $69, $119, and $149. These costs are in fact fair since you get extras such as credit monitoring, dark web monitoring, personal finance tools, tradelines, and prescription savings plans, along with a highly-rated mobile app. However, if you are just looking for simple credit repair, you might find cheaper options with other legit credit repair companies in Maryland listed here.
The setup fees of $119, $119, and $149 are also expensive, especially for the lowest plan. Interestingly, if you are looking for quality credit monitoring services only, you can opt for the CreditSentry plan that costs $19 per month and gets you additional features like dark web, pay-day, and social network monitoring.
A significant positive with The Credit Pros is its BBB accreditation, B+ BBB rating, and excellent Trustpilot score of 4.5. For customers looking for high-quality credit repair services in Maryland, the firm’s strong reputation and overwhelmingly positive customer feedback would prove convincing enough to overlook minor issues like the slightly high cost and the team’s relative inexperience.
If you are looking for the personal attention that comes with a small local outfit, Credit Blueprint offers you a great option among firms providing credit repair in Maryland. The firm, headed by Carl Scaramuzza, has been helping people improve their credit for nearly a decade through its efficient repair process and coaching programs.
The firm’s basic program costs $99/month and $159/month for single and joint applicants, respectively. This gets you unlimited credit bureau disputes, including collections, charge-offs, repos, and more. Some useful features, such as debt validation and credit monitoring, however, are not included, making the monthly fee a tad expensive.
In a rare offering for credit repair agencies in Maryland, the firm also has a premium program with bi-weekly credit coaching by phone. The fee is $299/month and $349/month for single and joint applicants. If you want a one-on-one coaching call with Scaramuzza himself, you’ll have to shell out $2,500 for 30 minutes and $4,500 for 60 minutes.
While credit coaching can prove immensely helpful in improving and maintaining credit in the long term, most firms include it in their regular plans. Therefore, most customers may be better off with Credit Blueprint’s basic plan, which has earned the firm strong customer reviews on the BBB, Trustpilot, and other reputed sites.
Credit Blueprint is also among the few legit credit repair companies in Maryland with a consistent A+ BBB rating. This solid record makes the firm an excellent option for no-frills, personalized credit repair in the Old Line State.
We’ve seen that consumers looking for a credit repair specialist in Maryland have several excellent options. From large firms with teams spread across the US to smaller agencies focused on a few areas, the names listed here have one thing in common. By offering top-quality, hassle-free credit repair in Maryland, they ensure that the state’s residents can improve their credit standing and enjoy a better quality of life.