Credit Repairs by Lenders

[Ephraim Teke]

I am a newbie with zero experience and looking forward to getting my first SFH to househack in the DFW area using FHA loan. I contacted a lender, and the lender has a third party credit repair program to help build my credit scores. Has anyone on BP ever undergone credit counseling from a third party program of this nature? Could there be any hidden agendas or obligations after the repair process? Prior to this lender, I was referred by a bank to a credit repair counselor who asked for a ridiculously high fee.

[Neil Aggarwal]

I never believed in credit repair companies. You can do it all yourself. Live frugally and pay off your debt. I don't need to pay someone to tell me that.