Credit Report Scams
I say (write) again, the FTC is a pretty awesome website. Here’s a good article on how to recognize credit repair scams. The article highlights these signs:
You’ll know you’re encountering credit repair fraud if a company:
- insists you pay them before they do any work on your behalf
- tells you not to contact the credit reporting companies directly
- tells you to dispute information in your credit report — even if you know it’s accurate
- tells you to give false information on your applications for credit or a loan
- doesn’t explain your legal rights when they tell you what they can do for you
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