Sunday, July 19th, 2009

How can a person check a credit repair company’s legitimacy?

credit repair company
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.

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This entry was posted on Sunday, July 19th, 2009 at 12:00 am and is filed under Credit Repair. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “How can a person check a credit repair company’s legitimacy?”

Mopery Sharper Says:
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!

MadMan Says:
July 22nd, 2009 at 4:27 pm

Easy. They are all scams.

Bill C Says:
July 24th, 2009 at 1:00 pm

They are all scams. Why pay anyone to do something that you can do yourself for free?

Clyde Says:
July 26th, 2009 at 4:01 am

No, they’re NOT all scams! Just like in any business, there are honest companies, and there crooks that give the others a bad name.

However, you DO need to “do your homework” if you wish to avoid being ripped off!

Ask lots of questions, references, and most importantly, check with the Ethical Credit Repair Alliance

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