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How can you fix ppl credit?

Updated: 9/22/2023
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11y ago

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CREDITREPAIR COM DEALS

CreditRepair com are experts in the credit repair field and helps individuals meet their credit goals. CreditRepair com's process has been been developed, refined and proven over many years and thousands of customers.

More information here - cutt.ly/IjUulGc

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oruhadzee

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3y ago
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Ayoubmeskine

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3y ago

There's nothing a credit repair service can legally do for you—even removing wrong information—that you can't do for yourself for little or no expense. And the cost of hiring such a company can be considerable, ranging from hundreds to thousands of dollars.

cutt.ly/ckyrsDK

While it can be tempting to offload the work of fixing your credit to a credit repair company, it's important to know what they can and can't do—and to take steps on your own first before you consider shelling out cash to pay their fees.

What Is the Credit Repair Organizations Act?

Credit repair companies dispute negative information found on your credit reports. But in the past, some of these companies would overstate what they could do for consumers to drum up business.

The Credit Repair Organizations Act (CROA) is a federal law that became effective on April 1, 1997, in response to a number of consumers who had suffered from credit repair scams. In effect, the law ensures that credit repair service companies:

Are prohibited from taking any payment from a consumer until they fully complete the services they promise.

Are required to provide consumers with a written contract stating all the services to be provided as well as the terms and conditions of payment. Under the law, consumers have three days to withdraw from the contract.

Are forbidden to ask or suggest that you mislead credit reporting companies about your credit accounts or alter your identity to change your credit history.

Cannot knowingly make deceptive or false claims concerning the services they are capable of offering.

Cannot ask you to sign anything that states that you are forfeiting your rights under the CROA. Any waiver that you sign cannot be enforced.

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