Do I need to take help from a credit repair company or credit repair will happen automatically?

It will take some time to improve your score after settling your debts.

Nothing can be repaired automatically. You need to take necessary steps to do it. You have to add positive information on your credit report to improve your credit score on your own. Follow steps suggested by David and Patricia, you'll get positive results gradually.

Your credit won't be repaired automatically after you settle debts. You have to add positive information on your credit report to improve your credit score gradually. There is no need to take help from a credit repair company. You can take corrective steps to repair your credit score on your own. For instance, you can reduce your credit utilization ratio to boost your FICO score.

NO, to do so, you have manage your credit cards and other bills properly. Also stay within your credit limit and pay the bill in full and within time. With time, you can see a change in your credit score.