Getting Rid Of Bad Credit

By Michael Benifez Today's credit crisis is resulting in a more difficult road for consumers to getting a loan and obtaining good rates ... . 1: Obtain a copy of your credit report. You can't repair something you don't know is broken. Once ... . If your credit rating is less than stellar, you can pretty much guarantee you're not going to get the best [more...]

Date: 2009-01-03 08:21:18

Blog posts (13) | Videos (32)
 

FTC's 'Operation Clean Sweep' Targets 'Credit Repair' Companies

The Federal Trade Commission, in cooperation with 25 state agencies in 23 states, ... they can remove negative information from consumers’ credit reports – even if that information is accurate and timely. WHEN: October 23 – 10:30 a.m. WHERE: FTC Headquarters 600 Pennsylvania Avenue, N.W. [more...]

Date: 2008-10-22 09:09:40

FTC's Credit Clean Sweep

The Moneysherpa Pages: FTC's Credit Clean Sweep Today, the Federal Trade Commission ("FTC") ... on false and misleading statements by "Credit Repair Operations." Lydia Parnes, Director of the FTC's Bureau of Consumer Protection said, "Companies that promise they are able to scrub your credit reports [more...]

Date: 2008-10-23 21:20:35

Credit repair DIY: fix errors on your credit reports

Under federal law, consumers can challenge inaccurate information on credit reports and other consumer reports (such as tenant screening reports). It is free, usually quick, and relatively painless. Plus, there are a lot of great how-to guides on the web. I have mentioned the FTC guides before. The excellent Building a Better Credit Report [more...]

Date: 2008-08-11 20:29:06

Credit Repair Firms In Crosshairs of Federal Trade Commission

Credit repair, or how to make your credit report lie, is not something you want to get involved with ... that deceptively claim they can remove negative information from consumers’ credit reports, even ... , the Commission charged seven operations with violating the FTC Act and the Credit Repair Organizations Act [more...]

Date: 2008-10-24 19:46:53

Recognizing a Credit Repair Scam

by David Wada Everyday, companies target consumers who have poor credit histories with promises to clean up their credit report so they can get a ... . The truth is, these companies cant deliver an improved credit report for you using the tactics they promote. Its illegal: No one can remove accurate negative information from your credit report. So [more...]

Date: 2009-01-16 06:24:58

FTC Crackdown on 36 Credit "Repair" Companies

sweep.jpg Ever wonder if those TV ads claiming to help you repair your credit are legit? ... information from consumers' credit reports, even if that information is accurate and timely. The FTC ... they are able to scrub your credit reports of accurate, negative information for a fee are lying - plain [more...]

Date: 2008-10-28 11:15:52

5 Credit Repair misunderstandings

Amazingly, consumers find more than 13 million inaccuracies on their credit reports each year ... : To get an inaccurate item corrected, you have to in person dispute it with the credit bureaus and allow them 30 ... bureaus through their credit report provider. Quotation reports can be updated in as little as two [more...]

Date: 2008-12-12 19:25:14

Identify Credit Repair Scam in 6 Ways!!

by David Wada Everyday, companies target consumers who have poor credit histories with promises to clean up their credit report so they can get a ... . The truth is, these companies cant deliver an improved credit report for you using the tactics they promote. Its illegal: No one can remove accurate negative information from your credit report. So [more...]

Date: 2009-01-16 06:23:45

Do-it-yourself Credit Repair

There are many consumers which are being lured by companies which promise them to clean their unappealing credit history ... a fraud by creating a new credit identity and report or any illegal undertaking. Customers should ... by the federal law. credit report In order to avoid scams, people should not pay a service fee as long [more...]

Date: 2008-08-23 04:47:53

Thinking of credit repair? Think twice

You’ve probably heard ads promising to fix bad credit ... that deceptively claim they can remove negative information from consumers’ credit reports, even ... to the FTC’s brochure titled Credit Repair: How to Help Yourself, here’s how to tell if the company [more...]

Date: 2008-11-03 12:06:26

Will Credit Repair Enhance Your Plunging Credit Score?

As lending rules get stricter by the day, an increasing number of consumers are desperately looking for ways to improve their credit ratings ... but nevertheless accurate entry on the client’s credit report. This technic exploits a provision ... or out-of-date information from their credit report. This technic works under the premise [more...]

Date: 2008-12-08 07:00:23

Recognizing a Credit Repair Scam

by David Wada Companies target consumers with poor credit histories all the time, making promises to fix their credit report so they can get their dream car, a bigger home, health ... is, these companies cannot deliver an improved credit report using the ‘unique’ tactics they promote [more...]

Date: 2009-01-16 04:06:09

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