If you have inaccurate reports on your credit report, a credit repair company can help get them removed. If they are successful, you will be able to raise your credit score and not worry about being denied loans or other funding choices.
Credit repair companies can also help you to get fraudulent accounts deleted from your credit reports. This can also help to put your credit score back up to good or excellent. Whether a credit repair company will work or not though depends on if they are successful. You should choose a credit repair company with good reviews and approval ratings.