Are there many legit Credit Counseling services in Cleveland?
Credit counseling services are more than likely a scam in the majority of cases, which is unfortunate. In the Cleveland area, there are very few credit counseling services at all, but most of them are illegitimate.
No, you get to pay your bills with your credit card through these guys - you have to pay a little bit for their services (2-3%), but you get tons of miles and points that way when you're using your credit card for everything. So it really pays for itself. The thing is you need to be REALLY responsible with your bills for this to be effective for you!
Hiring a Credit Repair Company Here are some things to know about credit repair companies. By law (see The Credit Repair Organizations Act), credit repair services must give you a copy of the "Consumer Credit File Rights Under State and Federal Law" before you sign a contract to repair credit. Credit repair companies also must give you a written contract that spells out your rights and obligations. Read these documents before signing the contract. The…