victim of credit repair scam

Submitted by James Orr on Tue, 08/25/2009 - 07:34
Forums
Credit repair

Hello everybody.

I would like to know that yours opinion about, How can we avoid becoming a victim of credit repair scams.
Make discussion about "Credit Repair Scam".

Thanks & Regards.
________________________________________________________
Secure credit card will help you to improve your credit score faster.

carol

Well there are several red flag signals that you can watch out for.

  • Like if a credit repair company does not tell you of your rights and what legal actions you yourself can take, it might not be a legitimate company.
  • Check out a credit repair company at the Better Business Bureau before you can do business with them.
  • If the credit repair company advises you to not contact a credit bureau directly it might be a scam.
  • Don't pay for services upfront. Check if they are keeping their promise and then think about payment.
  • You must be provided with a copy of your consumer rights.
  • If you smell a rat, you may cancel a contract with any credit repair company within 3 business days beginning from the date you signed this contract.
Tue, 08/25/2009 - 09:12 Permalink
James Orr

Thanks Carol,

Thanks for discussing your opinion with me. I am waiting for more reply on this topic for know better "What is the Credit repair scam".

#Check out a credit repair company at the Better Business Bureau before you can do business with them.
# If the credit repair company advises you to not contact a credit bureau directly it might be a scam.

I am strongly agree with your this points.

Thanks & Regards.
______________________________________________________
Secure credit card will help you to improve your credit score faster.

Thu, 08/27/2009 - 08:59 Permalink