Sunday, July 19th, 2009
How can a person check a credit repair company’s legitimacy?
Lizzie H asked:
I have this project for economics class and I can’t seem to find the answer. Like how can you know if a credit repair company is real or just a scam.
I have this project for economics class and I can’t seem to find the answer. Like how can you know if a credit repair company is real or just a scam.
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July 21st, 2009 at 11:11 am
They’re pretty much all scams; only time and responsible money management can repair a credit history.
For your project, go to the websites of the credit reporting agencies (Experian, Equifax, TransUnion) and see what they say.
Also, check out the website of your State’s Attorney General or Consumer Protection office; there is a wealth of good information there also.
Good luck on your project!