Veracity Credit Consultants Review

Is Veracity Credit Repair Company A Scam?
Do They Have A Lot Of Complaints?
Are They The Best Company To Raise Your Credit Score?

Intro

Veracity Credit Consultants is one of the top 5 credit repair companies available today. They’ve been around since 1998 and they are accredited with the Better Business Bureau (BBB), so you don’t have to worry about them being illegal or some fly-by-night company.

And since they have a solid refund policy you don’t have to worry about getting ripped off if you don’t get the services and results they claim.

They do have a few complaints registered with the Better Business Bureau (BBB), but not that many overall.

Veracity Credit works on a month-to-month payment plan, which we are not a big fan of, since it takes away the company's incentive to move as quickly as possible. Veracity Credit is the most expensive of the top 5 companies we've reviewed. In comparison to the money that will be saved with better interest rates and payments, its still a great trade, but they don't offer anything that the other top companies don't. So why pay more when you don't have to.

We can recommend this company as a good choice, but certainly not as the best one.

Pros

• They have been in the business of credit repair since 1998
• They have a solid satisfaction guarantee and refund policy
• They provide a discount for spouses, though its not detailed on their site
• Only a few complaints registered with the BBB

Cons

• Month-to-month plan, no sense of urgency
• The highest prices in the industry for their services

BBB Rating, Complaints and Review

BBB Rating	B+
Complaints in last year	6
Complaints in last 3 years	19

With 19 complaints registered with the BBB in the last three years, Veracity has the 4th most complaints of the major credit repair companies.

Keeping that in mind, they have still earned and maintained a “B+” rating with the BBB.

Feel free to take a look at the BBB’s full report on Veracity Credit Consultants.

Plans and Prices

Veracity Credit offers two primary credit repair service plans--Select and Platinum.

Although we list the plans here for your consideration, DO NOT get the entry level service plan.

The basic plan, Select, does not provide for interventions or validations, both of which are an important part of the credit repair process if its to be done efficiently and effectively.

Plan	Set Up Fee	Monthly Fee	Recommendation
Select	$69	$49	NO
Platinum	$99	$79	YES

Pricing over a 6 month timeframe for an Individual

Plan	Monthly Payment Fee	Months	Monthly Payment Total	Set Up Fee	Grand Total
Select	$49	6	$294	$69	$363
Platinum	$79	6	$474	$99	$573

Pricing over a 6 month timeframe for a Couple

For a spouse there is a discount, but its not specified on their website. The numbers below then will reflect the worst case scenario of what it would cost with Veracity for a couple without a discount.

Plan	6 Month Total	# Of People	Discount	Combined Total	Ave For Each After Discount
Select	$363	2	???	$726	$363
Platinum	$573	2	???	$1146	$573

Credit Repair Company Comparison

If you would like to see how Veracity sizes up against several other companies, then check out our credit repair company comparison chart.

On the chart you will only find the Platinum service plan, out of the plans that Veracity Credit offers. It's the only one that we not only recommend, but that also provides the best apples-to-apples comparison against the best service plans of the other credit repair companies.

Conclusion

Veracity Credit works on a month-to-month payement plan which makes their sense of urgency a bit suspect.

The number of complaints registered with the BBB is higher than the best companies we've reviewed, but only a fraction of the number Lexington Law has received, and they've still managed a rating of "B+."

Of the five companies reviewed they were the most expensive. Veracity was over than $100 more than the next most expensive and over $300 more than the least expensive of the top 5.

Overall, we feel that they are a top five company in the credit repair service industry, but they are 4th, at best, and it could easily be argued that they are 5th, with their prices being the highest and not offering anything more for the additional cost.

Of the main credit repair companies on the market today, Veracity is good, but it is not the best. Although you can definitely use them and be generally assured that you will get what you pay for, you can also get the same services from other credit repair companies that have a better reputation for customer service and get those services at a better price.

So, just which credit repair companies do we recommend and which one is the best overall? Check out this chart:

Credit Repair Companies

Rank	Name	Price	Rating	Review	Info
	DSI Solutions	$286	5 Stars!	Review	Visit Site
	Sky Blue Credit	$423	5 Stars!	Review	Visit Site
	Ovation Law	$435	4 Stars	Review	Visit Site
	Lexington Law	$490	3.5 Stars	Review	Visit Site