In this article we will be coving Credit Monkey Reviews: Pricing, Pros & Cons and so much more.
A good credit repair company can increase your credit score through removing negative items from your credit report but some companies offer better features than others. Credit Monkey offers affordable pricing for their credit repair services and can instantly boost your credit score by 120 points.
What Is Credit Monkey?
Credit Monkey is a credit repair company that can help you increase your credit score through their special software. Credit Monkey was founded in 2010 and is headquartered in Delaware but spread out nationwide with the sales team in Texas, legal team in New York and customer service team in California. They have been ranked by Inc. Magazine as America’s fastest growing companies as a financial technology firm. They also help you get approved for auto and home loans.
How Does Credit Monkey Work?
Credit Monkey is the fastest and more effective approach to credit repair. They dispute inaccurate items from your credit report such as inquiries, bankruptcies, collections, charge-offs, late payments and judgements. They will help you get approved for loans and offers credit lines with some of their plans.
Credit Monkey works in four simple steps:
- Call Credit Monkey for a free consultation. Once you sign up and pick a plan they will get started repairing your credit.
- To start repairing your credit score they will dispute any inaccurate information from your credit report with the three credit bureaus Experian, Equifax and TransUnion.
- While the process is in the works you will have access to a Client Portal so you monitor your progress 24/7.
- The disputing process continues until the items are removed from your credit report.
Throughout the entire credit repair process Credit Monkey provides a Credit Training Academy to educate you on how to maintain a high credit score.
How Much Does Credit Monkey Cost?
Credit Monkey offers six monthly tiers to choose from. The monthly price starts at $99 per month and they do not have an enrollment fee like many other credit repair services.
Plan A Starter Package – $99 per month
- Up to 5 negative items
- Includes 5 active credit cards
- Collections
- Store Card Lates
- Credit Card Lates
Plan B Starter Pro Package – $159 per month
- Up to 10 negative items
- Includes 5 active credit cards
- Collections
- Credit Card Lates
- Store Card Lates
Plan C Elite Package – $199 per month
- Negatives and inquiries
- Includes 5 active credit cards
- Collections
- Credit Card Lates
- Inquiries
Plan D Elite Pro – $299 per month
- Includes 5 active credit cards
- Unlimited judgements
- Judgements
- Tax liens
- Auto lates
Plan E Platinum Package – $399
- Includes 5 active credit cards and $5,000 credit line
- Public records and negative items
- Public Records
- Tax liens
- Negative items
Plan F VIP Package – $499 per month
- Public records, negative items and inquiries
- Includes 5 active credit cards and $10,000 credit line
They offer a money back guarantee if you are not satisfied with your service and you are free to cancel at any time.
Credit Monkey Pros & Cons
Pros
- ✅ Does not place an inquiry on your credit report when you sign up
- ✅ Prices start at $99 a month
- ✅ $0 enrollment fee
- ✅ Dedicated account manager
- ✅ Free credit consultation
- ✅ Guarantees permanent removals
- ✅ Operated in all 50 states
- ✅ $1,000 money back guarantee
- ✅ 24/7 online access and client portal
- ✅ Guaranteed approval for auto loans and home loans or your money back
- ✅ Promise results in 10 days
- ✅ Can cancel at any time
Cons
- ❌ Monthly cost is more expensive than others
- ❌ Past clients have had issues canceling their accounts
Credit Monkey Reviews
Credit Monkey has some great reviews from many of their online websites.
Credit Monkey has a 4.9 star rating on Facebook with customers loving the personal attention throughout the entire credit repair process, great customer service by following up with clients and answering any questions and helped people handle their debt.
They do have some spam reviews which does happen with Facebook but all the genuine reviews are positive.
Google 4.5
Credit Monkey has a 4.5 star rating on Google with customers stating that they have exceptional customer service, promptly answers questions, they help remove collections which boosted their credit score. One client stated how her credit increased by 80 points in four months after her ex ruined her credit.
Better Business Bureau (BBB) 4.69
Credit Monkey has a rating of 4.69 stars out of 5 with the BBB. Clients stated the pricing was fair, the team is helpful and profession, they helped to increase their credit from 500 to well over 700, and they got approved for loans.
Just like with most businesses Credit Monkey does have some complaints on the BBB. They have had 5 closed customer complaints within the last 12 months. Most of the complaints were about having an issue canceling their account but they were all resolved.
Credit Monkey Alternatives
Credit Monkey is like other credit repair companies but they promise you results in a short period of time but at a higher price. If you are interested in credit repair but would like to compare Credit Monkey to other credit repair companies here are some of the best credit repair company alternatives:
👉 If you choose to fix your credit on your own you can access the best credit repair software for removing collections and inquiries here 👈
Conclusion
Credit Monkey is a great credit repair company that has many packages to choose from that will fit your needs. Credit Monkey offers higher monthly pricing than other companies but they guarantee faster results and offer a money back guarantee making Credit Monkey a great option to help you repair your credit.