To begin with this discussion first let us be clear that nothing in this world is actually good or actually bad. It also depends upon the attitude of the person analyzing them .For example if someone is holding a knife, then it may not be necessarily for murdering someone, it can be very well for the purpose of cutting vegetables also. Similar is the case of credit repairs, it all depends upon the situation and the perception.
The problem today is that most of the people have no idea as to how to repair a credit. They do not want to take the pains in educating themselves about the basics of the method. Never mind there are still better options for these people, because they can still hire good agencies which will take up all the pain of credit repairs and also assist the persons in whatever possible way they can.
The credit repair services are controlled under the Credit Repair Organizations Act. This act is given the applause to bring some kind of orderliness in the previously random credit industry. It helps the borrowers by protecting them against the cruel creditors. Previously, before this act was put to use, the creditors were having a very good time harassing people after lending them money with their own terms and conditions .This was to bother them completely. It was really cruel on the part of those money lenders to demand whatever they felt correct. Now the pattern has changed the credit repair services may sound like the friends of the borrowers and also they may in some situations seem like the opponents of the money lenders. But the fact remains that they are in real sense working to bring about a fair and clean system for granting credit.