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It’s important to be careful when choosing which credit repair company to go with.
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When researching credit repair companies, carefully weigh these factors to potentially avoid credit repair scams or costly mistakes. Doing so also helps you select the best service for your situation.
The US Credit Repair Organizations Act ("CROA") is Title IV of the Consumer Credit Protection Act. Despite its name, it is not actually an act; Section 401 states, however, it can be referred to as "Credit Repair Organizations Act". The statute was signed by President Bill Clinton on September 30, 1996. [1]
Scammers prey on people desperate to fix their credit. Choose your credit repair company with care. The Consumer Financial Protection Bureau (CFPB) identifies the following as red flags to be ...
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