Credit Repair

Credit Repair Agency

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Credit Repair Agency, Agencies

If you decide to use the services of a credit repair agency, you should be careful. Be on the look out for the following signs of a scam:

Credit repair agencies that want you to pay for credit repair services before they provide any services. 

Credit repair agencies that do not tell you your legal rights and what you can do for yourself for free.

Credit repair agencies that recommend that you not contact a credit reporting company directly.

Credit repair agencies that suggest that you try to invent a β€œnew” credit identity β€” and then, a new credit report β€” by applying for an Employer Identification Number to use instead of your Social Security number.

Credit repair agencies that advise you to dispute all information in your credit report or take any action that seems illegal, like creating a new credit identity. If you follow illegal advice and commit fraud, you may be subject to prosecution.

 
Additional Links:

Credit Counseling Programs
Credit Debt Management
Consumer Credit Management

 

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