Credit Repair Companies
Federal Credit LawsThe Fair Credit Reporting Act of 1971: (a) Gives you the right to know what information is held ..... ...... mail or telemarketing techniques often develop their target lists of consumers from court records of people who have filed for bankruptcy.
Regardless of the specific technique a credit repair firm uses to interest a consumer in its services, its goal is to get that consumer either to call a telephone number to learn more about its services or to schedule an appointment with a representative of the firm. Despite their claims and promises, credit repair companies cannot do anything you can't do yourself for little or no cost under the terms of the FCRA. That law gives you the right to have inaccurate or outdated information deleted from your credit records as well as the right to have inaccuracies corrected. Although patience and persistence are often required when dealing with a slow-to-respond credit bureau, an expenditure of your time to resolve credit record problems is far preferable to paying a credit repair firm a lot of money to accomplish little or nothing.
Solving Credit ProblemsIf you are having problems getting credit or paying your monthly bills, you may be tempted to turn to businesses that advertise .....
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