A previous estimate suggested that just after he had reached 2 billion streams, Psy had made about $2 million on YouTube, though since then, ad rates have dipped, so it is possible that Luis Fonsi and Daddy Yankee have earned less money for 3 billion views than Psy did for his two. In fact, the full sum is hopefully somewhere closer to the middle, though it may actually be on the lower end.Īccording to an average estimated and published recently by Information Is Beautiful, YouTube may pay as little as $0.0006 for every view, which adds up to only $1.8 million for 3 billion plays. That is an incredible range, but it’s not likely that the most popular videos to ever be uploaded to YouTube have collected less than $1 million in revenue. Don’t hire a company that asks you to dispute accurate information, promises to remove valid negative information or requests upfront fees.Using that average, it’s possible that the videos connected to songs like “Despacito,” “See You Again” and “Gangnam Style” have already resulted in payments somewhere between $750,000 and $12 million.

So, when is it appropriate to use a credit repair company? It could be worthwhile if the prospect of contacting credit agencies is overwhelming. Contact the credit bureaus to have outdated information removed - it may boost your credit score overnight. However, most negative information can only show up on reports for about seven years (10 for bankruptcies), according to the Consumer Finance Protection Bureau. No credit repair company can remove negative information- such as bankruptcy or a late payment - from your credit report if it’s accurate. The credit reporting company generally has 30 calendar days to investigate your dispute.

If you find inaccurate information, dispute it by contacting all three credit reporting companies.

Make sure any public records information, such as evictions or judgments, is accurate.

Review each credit report for problems, such as accounts you don’t remember opening and inaccurate information.

Download your Equifax, Experian and TransUnion credit reports from - it’s free through the end of 2023.

You may have seen the FTC’s consumer warnings about credit repair companies on the hook for unlawful business practices.Īlthough there are reputable companies out there, you can spend an hour or two doing it yourself - for free.

Consumer Reporter Susan Hogan has steps you can take to fix your credit score yourself.Ĭredit Repair Companies: Are They Worth It? Many credit repair companies are on the hook for unlawful business practices, plus you may not need a company to help repair your credit.

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