If you’ve gone through financial abuse in a toxic relationship with a narcissist, chances are you might need to think about repairing your credit. While there are plenty of ways you can DIY your credit repair, you might find it overwhelming and want to look into a credit repair company.
Plus, if it’s been a while since you’ve looked at your credit report, or if the narcissist was hiding things from you (all too common in these relationships) you may be surprised to find errors, mistakes, or even a black mark or two.
How do you avoid an unethical credit repair company?
Fortunately, a Credit Repair Company can help you fix those mistakes and erase those black marks. Watch out for scammers, though, and choose a reputable Credit Repair Company with these tips.
Don’t pay anything upfront
Avoid a Credit Repair Company that wants you to hand over a fee or payment before they meet with you. That’s always a red flag. Reputable companies will first talk to you, assess your credit report and discuss your current situation before asking for any type of payment for their services.
An up-front fee is a red flag that the company will probably take your money and run. And no matter what type of charges you may incur, be sure they aren’t exorbitant. If a Credit Repair Company claims your case will cost thousands of dollars, look for another one.
Watch out for “re-inventors”
Some companies will tell you that you can wipe your credit slate clean by “re-inventing” yourself with a new social security number. But that’s not true!
In most cases, what they plan to do is get you a new credit report by applying for an Employee Identification Number (EIN)–used by businesses–which resembles a social security number, and you’re told to use it as such. But this practice, known as “file segregation,” is a scam, and it’s also illegal!
Avoid any Credit Repair Company that suggests this practice.
Look for a credit repair agency that helps you help yourself
A good Credit Repair Company will tell you (for free!) what you can do yourself, such as writing letters to creditors and contacting the credit reporting bureaus about errors.
Avoid any Credit Repair Company that encourages you to do anything illegal or unethical–such as disputing a legitimate charge or fee on your credit report.
Before signing up with any Credit Repair Company, make sure you check with the Better Business Bureau. They’ll have records of any formal complaints against the company, so you can avoid scammers and rip-off artists.
More Resources for Financial Abuse Victims
- Identifying and Overcoming FInancial Abuse in Toxic Relationships
- Take the Financial Abuse Test
- Fix Your Finances: Ideas for Rebuilding Credit After Financial Abuse
- The PLAN to Safely Leave a Narcissist
- Women’s Law Financial Abuse Section
- SafeHorizons.org Info on Financial Abuse
- QueenBeeing’s Resource Center for Victims and Survivors of Narcissistic Abuse
- QB’s Life Reset Button
Angela Atkinson is a certified trauma counselor and the author of more than 20 books on narcissism, narcissistic abuse recovery, and related topics. A recognized expert on narcissism and narcissistic personality disorder who has studied and written extensively on narcissistic personality disorder and narcissistic abuse in toxic relationships since 2006, she has a popular narcissistic abuse recovery YouTube channel. Atkinson was inspired to begin her work as a result of having survived toxic relationships of her own.
Atkinson offers trauma-informed narcissistic abuse recovery coaching and has certifications in trauma counseling, life coaching, level 2 therapeutic model, CBT coaching, integrative wellness coaching, and NLP. She is a certified trauma support coach and certified family trauma professional. She also has a professional PTSD counseling certification. Her mission is to help those who have experienced the emotional and mental devastation that comes with narcissistic abuse in these incredibly toxic relationships to (re)discover their true selves, stop the gaslighting and manipulation, and move forward into their genuine desires – into a life that is exactly what they choose for themselves.
Along with her solution-focused life coaching experience, Atkinson’s previous career in journalism and research helps her to offer both accurate and understandable information for survivors of abuse in a simple-to-understand way that helps to increase awareness in the narcissistic abuse recovery community. Atkinson founded QueenBeeing.com Narcissistic Abuse Recovery Support, the SPANily Narcissistic Abuse Recovery Support Groups and the Life Makeover Academy.
She offers individual and group coaching for victims and survivors of narcissistic abuse here at QueenBeeing.com and at NarcissisticAbuseRecovery.Online.