Dovly

Dovly Overview

Dovly is a company that helps people track, manage and improve their credit scores. Dovly has disputed 500,000+ credit errors since the company was started in April 2018. The company offers both a website and mobile app for customers to use to interact with its services.

What makes the Dovly service unique is that it works automatically and offers a free credit improvement service. The company claims to make credit repair easy and automated. Just tell Dovly what’s wrong and the company will automatically work with the credit bureaus to fix your credit history.

Dovly claims that 91% of people who sign up see a boost in their credit score, with the average increase being 56 points (based on a sample of 18,062 Dovly members as of May 2022). That's enough to take a good credit score into the excellent range or a poor one into the fair range.

Dovly: What It Is

Dovly is a mobile and web app that tracks, manages, and fixes credit scores for free. Dovly's technology offers quick electronic communication with credit bureaus and leverages a sophisticated algorithm to optimize credit improvement.

Dovly Pros

• Free: The basic Dovly plan is completely free. Paid plans are among the lowest prices available in the industry.
• Automated intelligent system: Dovly's credit repair app works automatically and is easy to use. The algorithm creates a personalized plan for you to optimize results.
• Signing up doesn’t hurt your credit score
• Wide range of removable items: Dovly has disputed more than 500,000 inaccurate items, ranging from bankruptcies, late payments, repossessions, collections, late payments, and charge-offs.
• 24/7 progress tracking: Check your credit repair progress at any time.
• Strong fintech partnerships: Dovly has partnered with leading financial technology companies like MoneyLion, Credit Sesame, Chime, and Varo Money.
• Nationwide coverage: Dovly serves residents of all 50 states, the District of Columbia, and all 5 U.S. territories.

Dovly Cons

• While their Premium plan provides weekly report updates, Dovly’s free plan only provides monthly report updates.

How Does Dovly Work?

Dovly uses a three-step process to give your credit score a boost.

Once you sign up, Dovly will do a soft pull on your credit, which does not impact your credit score. An onboarding wizard will show you the items that are negatively impacting your credit.

As you click through the screens, you can tell Dovly what information is incorrect or that you’d like to dispute with the credit bureaus.

Next, Dovly’s algorithm generates a personalized improvement plan that automatically contacts the credit bureaus on your behalf in a sequence that is optimized to remove errors and other inaccurate data as quickly as possible. Each month, you’ll get an update from Dovly about its progress and each month Dovly will continue disputing errors to keep improving your score.

Over time, your credit score will rise and you can use the Dovly app to track how your score changes over time. Dovly will also monitor for issues and new errors as they appear.

Products Offered

Dovly offers just one service – credit improvement. There are a few levels of this service on offer.

The basic Dovly service is free. It provides a monthly TransUnion report and score and identifies and removes issues (bankruptcies, late payments, charge-offs, collections, wrong information, inaccurate payment history, etc.) from your TransUnion credit report.

However, it only submits one dispute per month.

You can instead choose to enroll in Dovly Premium to get unlimited disputes with all 3 credit bureaus, as well as access to ID theft insurance, weekly updates to your TransUnion report, and enhanced credit monitoring.

If you have a Visa credit or debit card, you also get access to Dovly Uplift at no cost, a free suite of tools to manage and repair your TransUnion credit report.

How To Enroll in Dovly Credit Repair?

Signing up for Dovly is simple! You simply have to visit their website to enroll.

To get started, you’ll have to visit the Dovly site and choose a plan. You can enroll in the Free or the Premium plan ($39.99 a month or $99.99 annually).

Once you’ve made your selection, you’ll create an account by providing some basic info, such as your name and address. You’ll also need to provide your Social Security number so Dovly can track down your credit report.

After choosing a plan, Dovly will step you through every item on your credit report that is hurting your score. Let Dovly know which items you’d like to dispute. Dovly will start working for you to help increase your credit score.

Dovly Pricing

Try Dovly Free, which gives you no-cost access to your TransUnion report and score and helps you get started correcting errors. No credit card required. Or try Dovly’s full featured Premium offering.

Premium costs just $39.99/mo (a $120/mo value) or $99.99 when you commit to a full year. Premium includes repair for all three credit bureaus, enhanced credit monitoring alerts, $1 million identity theft protection, and discounts on hundreds of everyday purchases. Cancel any time with no further obligation.

For Whom Is Dovly Good?

Dovly can be a valuable service for almost everyone. The company offers a plan that is completely free to use and that gives you tools to monitor your credit report and learn about the things that are dragging your score down.

That means that even if you have excellent credit, you can benefit from trying out Dovly.

However, Dovly obviously targets its services at people who have less than excellent credit. The company claims to help people who have poor credit significantly increase their scores and qualify for better loans more easily.

Given Dovly’s purported success rate – 91% of customers see an increase in their score – and the fact that the basic service is completely free, Dovly is good for anyone who wants to increase their credit score.

Dovly Vs. the Competition

Dovly is far from the only company that offers credit monitoring and repair services. If you’re looking for the best company to work with, it’s a good idea to compare your options to find the one that’s best for you.

Some alternatives include:

CreditRepair.com

CreditRepair.com, like Dovly, offers credit monitoring and repair services. It also has valuable educational resources to help you learn about credit scores and how they work.

However, CreditRepair.com’s services are more expensive than Dovly’s by a fair margin. Their basic service has a monthly cost of $69.95.

Given this high cost, you’ll want to make sure that CreditRepair.com is the right choice before you hand over the cash. You may consider trying Dovly’s free service first to see if Dovly is the better choice.

Credit Karma

Credit Karma is one of the best-known companies in the credit monitoring space. Its free service gives you access to your credit scores and reports from TransUnion and Equifax and lets you see how the different information on your credit report is impacting your credit score.

Credit Karma also offers tools for disputing errors, but doesn’t automate the process or have as clear a focus on helping you improve your credit score.

On the other hand, you can use Credit Karma to get recommendations on good loans and credit cards or to set up a savings account, making it a good choice for people who are looking for financial service recommendations.

Credit.com

Like CreditKarma, Credit.com has more of a focus on credit monitoring than credit repair. However, what sets it apart is its ExtraCredit service.

When you think of your credit score, you probably think it’s just a single number. However, there are dozens of different formulas out there, so you could have dozens of different credit scores. ExtraCredit lets you track 28 of the most commonly used FICO scores to see how lenders might view you depending on the types of loans you apply for.

Another perk is that Credit.com helps you report your rent and utility payments to the credit bureaus, helping you build credit.

Contact Dovly

Website: dovly.com/contact Email: [email protected]