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Debt-Consolidation
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The
Scam
The Warning Signs
The Truth
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Credit Repair Organizations Act
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Credit Repair Companies with
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The Scam:
Everyday, companies nationwide appeal to
consumers with poor credit histories. They promise, for a fee, to clean up your
credit report so you can get a car loan, a home mortgage, insurance, or even a
job. The truth is, they can't deliver. After you pay them hundreds or thousands
of dollars in up-front fees, these companies do nothing to improve your credit
report; many simply vanish with your money.
The
Warning Signs
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