Are you struggling to fix errors in your credit report? Perhaps you have already tried raising disputes on your own but failed to get the desired results. At this stage, you might be considering professional help and searching for a reliable CIBIL score repair agency that can assist you in rectifying your report and improving your credit score.
Before availing the services of any credit repair agency, it is extremely crucial to understand how does CIBIL score repair agency work, their service charge, and most importantly, how do you verify their authenticity & credibility. All these information and knowledge help you to find a reliable CIBIL score repair agency in India and get back your credit standing. So, let’s start the discussion by understanding what a CIBIL score repair agency actually is.
What is a Credit Score Repair Agency?
In simple words, a CIBIL score repair agency is an organisation or firm that acts as a mediator between you (the borrower) and the Credit Information Companies (CICs) such as TransUnion CIBIL, Equifax, Experian, or CRIF High Mark.
These agencies carefully review your credit report, identify discrepancies such as wrongly reported defaults, incorrect personal details, loan accounts that don’t belong to you, or accounts that should have been closed but are still showing as active, and many more.
Once the issues are identified, the agency helps you raise disputes with the concerned banks or financial institutions and coordinates with the CICs to get the information corrected.
Why should you contact a credit score repair agency?
Credit report rectification is something that you can do on your own, then why should you hire a credit score improvement agency? Let’s understand them….
➤ Lack of knowledge & resources:
Credit score plays the most significant role in terms of getting a new loan/ credit card approval, but most of the borrowers don’t have sufficient knowledge about it, and it is quite obvious.
In fact, four credit bureaus in India (TransUnion CIBIL, Experian, CRIF Highmark, Equifax) have their own dispute-raising channels, which are extensively different from each other. Without proper resources, it is very difficult for a common person to rectify his credit report on his own.
In such a case, you may contact a recognised credit repair agency, which will guide you to correct errors in your credit report.
➤ Save your time:
In today’s digital era, there are plenty of online resources and tutorial videos available regarding credit report rectification. You may follow all those instructions to raise a dispute in your credit report for error correction.
However, the dispute resolution process is quite time-consuming, and you have to go through a continuous follow-up with the credit bureaus and the concerned lender to make the required correction. But most of us don’t have enough time to do so.
In that case, you can hire a CIBIL score repair agency, which will handle everything on your behalf—such as raising disputes, sending emails, until the issue gets resolved. They will take all possible steps to resolve the issue within an average time period of 30 to 45 days. This not only saves you valuable time but can also be extremely helpful during financial emergencies.
➤ Deal with complex matters:
In some cases, credit rectification can be more complicated. For example, if your report shows statuses like Settlement, Suit Filed, or Wilful Default, you may find it difficult to remove these negative remarks from your credit report. Sometimes, credit bureaus & lenders don’t reply properly, or you are not satisfied with their response.
If you are facing a similar situation and are unsure about what to do next, it’s wise to approach a professional credit repair agency. They have years of experience to handle such complex matters.
➤ Get the professional expertise:
It is very true that a credit consultant has more knowledge and practical experience to solve different types of credit errors. For example, you made a settlement in one of your loan accounts, but right now, the lender is not accepting further payments to rectify your credit report.
In such a case, you can approach a CIBIL score repair agency. They will contact the lender directly and collect the payment details, and complete the whole rectification process. They will follow the most suitable ways so that you can get a truthful result.
How does CIBIL score repair agency work?
In India, credit repair agencies are practising mainly in two ways: a few of them provide consultancy or advice to improve your credit score, and others provide the complete credit report rectification service.
➤ Provide consultancy only:
Nowadays, there are so many credit repair companies that provide only a consultancy service. When you reach out to them, they usually ask you to share your credit report. Their expert consultant will analyse your credit report & its different scoring parameters and help you to understand why your credit score is poor.
In addition to this, they will offer valuable insights by following which you can improve your credit score remarkably. In exchange for the advice, they can charge a nominal consultation fee.
➤ Provide complete rectification services:
A few professional credit repair companies provide the complete rectification service to their clients, which includes analysing the credit report, identifying the errors, collecting supporting documents, raising complaints to the credit bureaus and the creditors, negotiating with the lenders, rectifying the errors & improving the credit score.
🔹 Analysis credit report& identify the error:
When you approach a CIBIL score repair agency and describe your issue in your credit report, at first, they will ask you to send your credit reports from four major credit bureaus (TransUnion CIBIL, Experian, CRIF High Mark, Equifax).
Now, if you don’t have any copies of your credit reports, they will pull out your credit report on your behalf. After getting the report, they will analyse the report and identify the exact problems. From this, you can get a clear vision to rectify the errors in your credit report.
Up to this stage — analysing the reports and identifying the issues — some credit repair agencies may provide the service free of cost, while others might charge only a nominal fee.
🔹Rectify your credit report and improve scores:
Now, if you want to rectify your credit reports with the help of a CIBIL score repair agency, then you have to provide documents like your KYCs, payment receipts, No Dues Certificates, and other supporting records. They will set up a plan to initiate requests to the credit bureau and the respective lenders for error correction. This process may include,
I. Raising dispute in your credit report, sending emails to the credit bureau.
II. Requesting the creditors to correct the information in your credit reports. For some special cases, they can negotiate with the creditors on your behalf about the debt repayments.
III. Maintaining a continuous follow-up until unless the required correction is made. If required, register grievances against credit bureaus and the creditors.
IV. Sending complaint letter to the credit bureaus & the banks via post.
In addition to rectification, credit repair agencies can also provide personalised guidance to improve your credit score.
How much do credit repair agencies charge?
Most credit repair agencies charge flexible fees depending on the type of services they provide. As a consultancy fee, they may charge a nominal amount ranging from ₹300 to ₹3,000.
On the other hand, the complete report rectification charge depends upon the number of errors present in your credit report and the complexity of the problem. In general, for a standard credit repair company, their service charges vary between ₹5,000 and ₹15,000 (It may be slightly more for a Commercial credit report) to rectify your report.
In addition to this, they may charge nominal fees for report analysis and expert advices. So, it is better to compare between the companies and choose the best deal for you.
How to verify a credit score repair agency?
Nowadays, there are several credit repair agencies operating in India, but only a few of them work professionally. That’s why you should be cautious before availing of their services. When choosing a credit repair company, keep the following points in mind:
- Verify their official website: A legitimate CIBIL score repair agency will always maintain a professional, updated, and informative website. Check whether the website clearly mentions their services, company registration details, contact information, and customer support.
- Read Google reviews and testimonials: Go through the reviews and ratings available on their Google business profile. Genuine reviews from past clients can give you a better idea of their credibility and service quality.
- Check their presence on social media platforms: A reliable agency will usually be active on platforms like LinkedIn, Facebook, or Instagram, sharing useful content and interacting with their audience. A complete absence from social media may be a warning sign.
Beware and consider it a red flag if the company claims the following:
- They promise to remove accurate information from your credit report. No one can erase correct details—credit bureaus are legally bound to reflect true financial data.
- They assure you that they can remove negative flags such as Written-off, Suit Filed, Wilful Default, etc., without you repaying your debt. Such claims are misleading and against RBI and credit bureau guidelines.
- They say they can manipulate dates or details in your report without confirmation from the lender.
- Guarantee a certain level of score improvement. Remember, no agency can “magically” boost your credit score overnight — a genuine CIBIL score repair agency follows a structured process of communication with lenders and CICs, which takes time, effort, and proper documentation.
We recommend taking their initial services first (Like credit report pull out & Report analysis) to check their authenticity and then go for a paid service.
Naskar Financial Services as a Credit Repair Agency:
If you’re looking for a trusted and professional credit repair agency near you, then Naskar Financial Services can be a trusted partner for you in your credit rectification journey. We have been operating since 2017, serving thousands of individuals and businesses to overcome challenges related to their credit reports and financial profiles.
Through our informative YouTube videos, blogs, and web content, we have guided and educated millions of people on the importance of maintaining a healthy credit profile. Alongside this, thousands of customers have availed and benefited from our premium credit repair services, achieving significant improvements in their financial journey.
Even though we are a Kolkata-based company, we provide credit report rectification services all around the country, including popular cities like Delhi, Mumbai, Pune, Hyderabad, Bangalore, Chennai, and Ahmedabad. You can access our service from anywhere in the country.
At Naskar Financial Services, we also offer free credit report analysis for both personal and business credit reports. This service helps clients identify problem areas in their reports and understand the root causes of their low credit scores or loan rejections. Based on the analysis, our team provides customised strategies to resolve issues such as overdue payments, incorrect entries, account misreporting, and more.
At Naskar Financial Services, we believe in transparency, professionalism, and customer satisfaction. Our goal is not just to repair credit reports, but to empower people with financial knowledge so that they can make better decisions for a secure future.
