Posted on
January 31, 2008
at
12:46 pm
They open the page with:
You see the advertisements in newspapers, on TV, and on the Internet. You hear them on the radio. You get fliers in the mail. You may even get calls from telemarketers offering credit repair services. The page can be found at:
http://ftc.gov/bcp/conline/pubs/credit/repair.shtm It has some pretty good information and is worth the five minutes it will take you to read it.
Posted on
October 12, 2009
at
5:46 am
The FTC and credit repair -I'll just update that link to this: http://www.ftc.gov/ro/chro/index.shtm
Posted on
October 12, 2009
at
5:49 am
If consumers are wondering what The FTC and credit repair is about, basically it is a warning for consumers not to fall into the deceit of a lot of credit repair scam entities:
In this article, the FTC tackles fraud on the internet:The FTC charged five of the companies and their principal officers with making false claims about repairing consumers' credit recordshttp://www.ftc.gov/opa/1996/03/netsc.shtm
Posted on
October 12, 2009
at
5:53 am
Basically, for the consumer, the best way to repair the credit is to obtain a copy of his/her credit report from the three major credit reporting bureaus and look for errors. Once he/she finds one, request for it to be corrected, until it appears as such. All the groups that promises to repair the consumers credit can do really is to give them advice as to what to do next. It is up to the consumer to pay his/her bills on time and obtain new credit/loans.
Posted on
October 12, 2009
at
6:43 pm
What about credit repair agencies? Do you guys think I should work with them?
Posted on
October 12, 2009
at
8:54 pm
Seeking help from a credit repair agency isn't really a very good idea. The FTC reports that it's best to do it yourself. It makes little sense to pay for services that you can actually do yourself. It will save you more money, and the process of learning how to assess your credit report may also arm you with knowledge on how the reporting process works.
Posted on
April 7, 2010
at
3:55 am
The FTC & credit repair - basically is about the consumer doing the repair himself (d.i.y.) to avoid being scammed or spending more money. There are sites such as destroydebt that offers free Q and A anyway, so avail of those, aside from reading articles about credit repair.
Posted on
August 4, 2010
at
9:42 pm
I want to know more about credit repair company. Where to find these companies?
