Are your monthly bills out of hand? Or maybe you’re tired of overpaying companies for services and want to give your wallet a break? If you’ve already made cuts to your spending plan and don’t have time to reach out to providers to negotiate better deals, Experian will do the legwork for you. This service is referred to as Experian BillFixer, and it’s available when you sign up for one of its affordable membership offerings. By signing up, you could save money and receive customized recommendations to help boost your credit health.
Experian BillFixer: Overview
Experian BillFixer is a service that’s designed to help you cut monthly expenses and free up room in your budget. It’s offered at no extra charge as a part of the Experian CreditWorks Premium membership, which is known as the credit reporting agency‘s most extensive credit and identity protection solution.
Ultimately, you could get the best of both worlds when you sign up – you’ll get an up close and personal look at your credit history, score and how lenders perceive you. Plus, you’ll receive suggestions on how to improve your credit rating along with identity theft protection. At the same time, Experian’s team of expert negotiators works behind the scenes to help you free up space in your budget. The money you save can also be used to get one step closer to those financial goals you’ve placed on the back burner.
How Experian BillFixer Works
After enrolling in the Experian CreditWorks Premium membership plan, here’s how to get started with Experian BillFixer.
Send Your Bills
You can take pictures of your bills or download copies of paper statements. Either way, you’ll need to add and upload the files in the dashboard. Rest assured that any personal or identifying information in your files is kept secure during the upload process, as Experian uses bank-level SSL security encryption to protect your data.
Let Experian BillFixer Negotiate for You
A member of Experian’s team of expert negotiators will reach out to your service providers to negotiate better deals on your behalf. You also have the option to add the negotiator as an authorized user on your account to make the necessary changes, or you can join them on the call.
Keep Your Lowest Rate
Experian won’t ever downgrade your services to get a better deal without your consent. Instead, you’ll maintain your current level of service at the lowest rate.
Enjoy Your Savings
If a deal is reached, you’ll get to enjoy 100 percent of the cost-savings as Experian does not assess any additional fees for using the service. Expect to see results in three to seven business days if the bills you select for negotiation are eligible for a discount and the service provider agrees to a lower rate.
How Much Can You Save with Experian BillFixer?
On average, consumers who use Experian BillFixer save roughly $263 annually. However, the amount you save could vary.
What are the Benefits of Experian BillFixer?
There are several reasons why using Experian BillFixer to lower your monthly bills could be a wise financial decision. You could save hundreds per year on monthly expenses, lower the amount you pay for services each month, minimize stress and avoid the long wait times you may experience when reaching out to service providers to negotiate better rates.
Save on Bills
As mentioned above, you could save money on your monthly expenses, like cable, cellphone, internet, landline phone, satellite television and home security bills from participating providers.
They include ADT, A&T, Altice/Cablevision (Optimum), Atlantic Broadband (Breezeline), Cox Communications, DirecTV, Dish Network, Frontier Communications, Lumen (CenturyLink), Mediacom, RCN, SimpliSafe, SiriusXM, Time Warner/Charter (Spectrum), Sparklight (Cable One), Sprint/T-Mobile, Suddenlink, U.S. Cellular, Verizon Wireless, Vivint, Windstream, WOW! and Xfinity (Comcast).
The average user saves well over $263, but your cost savings could be even greater. Even better, it automatically renegotiates your bills annually in most instances unless it identifies a cost-saving opportunity sooner.
Quick note: credit card bills, debt service payments, insurance bills and claims, legal fees, medical bills, mortgage payments and rent payments are not eligible for negotiation with BillFixer. Also, be mindful that Experian cannot provide any guarantees when using this service. The amount you’ll save depends on several factors, including your service provider’s willingness to negotiate. Furthermore, there’s a chance that you will not receive any savings at all.
Lower Your Rates
The negotiation experts work to find a more affordable rate than you’re currently paying for service. Or if a promotional offer is about to end on a service, they focus on helping you find a comparable or reduced rate than what you already have.
Reduce Hassle and Stress
Calling each of your service providers can be overwhelming, especially if you have a hectic schedule and are crunched for time. But you can avoid this tedious task by letting the expert negotiators handle the process for you.
No Waiting on Hold
By avoiding the pesky calls to negotiate better deals, you’ll also skip waiting on hold for several minutes or hours.
Get Your Bills Lowered with Experian BillFixer
Give Experian BillFixer a try to see how much money you can save on your monthly expenses. You can get started by signing up for an Experian CreditWorks Premium membership which is dubbed as the most comprehensive credit and identity theft offering in Experian’s arsenal. It also includes:
- Credit report monitoring for your Experian, Equifax and TransUnion reports identifying any new credit inquiries, new accounts, account balance changes, credit utilization changes, positive activity or dormant accounts
- Daily Experian credit report and FICO score updates
- Monthly three-bureau credit report and FICO score updates
- Monthly industry-specific (i.e., auto, bankcard and mortgage) score updates
- FICO score tracking and alerts to keep tabs on changes to your credit score
- Access to the FICO score simulator to help meet your credit goals faster
- Access to Experian Boost, a free tool to help raise your FICO Score based on Experian data instantly using everyday bills
- Experian CreditLock lets you lock and unlock your Experian credit file at any time and provides real-time alerts any time a hard credit inquiry on your file is attempted
- Dark web surveillance
- Identity theft monitoring and alerts
- Lost wallet assistance
- Identity theft insurance of up to $1,000,000
- Access to a fraud resolution specialist based in the U.S. in the unfortunate event you’re victimized by identity theft
- Personalized loan and credit card recommendations based on your credit and financial profile
Your Experian CreditWorks Premium membership is free for seven days and just $24.99 per month following the trial period. This allows you to test drive Experian BillFixer and the host of other beneficial tools Experian has to offer. Plus, you cancel at any time if you decide a membership is not right for you without incurring any additional fees for subsequent billing periods.
You can also sign up for a free account by visiting the website and viewing your latest FICO Score based on Experian data and Experian credit report for free without putting a credit card on file. Note that Experian BillFixer isn’t included in free accounts.
