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More on the Idea that Disputing Bad Credit is like Pleading Not Guilty
2008-03-06 22:48:00
Many people who begin looking at repairing their credit end up abandoning the task because they come to the conclusion that because all the negative things in their credit reports correspond to an actual life event, there is not hope. After all, the FTC states in no uncertain terms that “No one can legally remove accurate and timely negative information from a credit report”. But if you think
More About: Credit , Idea , Guilty

Advice on New Day Credit Consultants – Ask and You Shall Receive
2007-12-13 20:36:00
We recently received the following question posted as a comment on one of our previous blog posts and while it has the footprints of a manual spam attempt (possibly a new tactic after a few previous attempts at adding spam comments), we’ll oblige and give our thoughts.Do you have any advice on credit repair specialists at www.newdaycreditconsultants.com? I need credit repair and am still in
More About: Advice , Credit , Consultants

It Would Appear the eCreditGroup is No More
2007-09-17 19:49:00
The site is down and people are complaining that they can no longer be contacted. It looks like yet another shady credit repair company has closed their doors and moved on. However, as is the case with many fraudulent credit repair companies, the people behind eCreditGroup may turn up again so continue to be wary of credit repair companies who charge large upfront fees and use other tactics

No Wonder Credit Repair Has Such a Bad Reputation
2007-08-14 19:25:00
With shady characters like this running around, I’d be leery of credit repair services too. Rick Miller* is hawking his credit repair system over at easycreditfixing.com. His lengthy page goes on an on, although not always using the proper English one would expect from someone with a “Finance Degree, 6 years loans officer at a national bank, 4 1/2 years credit bureau manager for one of the big
More About: Credit Repair , Credit , Repair , Reputation

The Profit Motive, a Double Edged Sword When it Comes to Credit Repair
2007-08-09 20:35:00
Let’s start by putting aside the concept of inaccurate, misleading, or unverifiable items and just talk about removing negative items from your credit reports – regardless of whether or not they technically should be there. The simple fact is that it is possible to remove accurate items from your credit reports. As stated before, the credit bureaus are notoriously difficult to work with when it
More About: Credit Repair , Credit , Double , Profit , Motive

R. Witt & Company Credit Consulting - So Bad It’s Embarrassing
2007-05-14 21:46:00
And I thought Credit Bureau Experts was bad. The slogan on the R. Witt and Company Credit Consulting website reads "Higher Ethics, Stronger Relationships, Better Business". You just have to love the irony. Why? Because the RWC site is a blatant rip-off of a previous version of the Lexington Law Firm site. From the images to the copy to the information architecture, the RWC site does a
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Yet Another Example of a Credit Repair Company Defying CROA
2007-02-27 20:02:00
As mentioned in the post “Credit Repair Companies Proud to be Defying CROA”, some credit repair companies not only operate in a way that is illegal, but they advertise that they do on their site. The Credit Repair Organizations Act (CROA) spells out a few rules for how credit repair companies are allowed to service their customers. The previous post addresses the topic of accepting payment
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Credit Repair Companies Proud to be Defying CROA
2007-02-21 22:19:00
It’s funny how just about anything can be spun as a positive when you say it right. More than a few credit repair companies tout that they only charge a one time flat rate for credit repair unlike all the “other credit repair companies” who charge ongoing monthly fees. Platinum Credit Repair is an example of this. They go so far at to highlight their pricing policy right in the middle of their
More About: Companies , Proud

Lexington Law a Scam? The Credit Bureaus Say So
2007-01-25 23:18:00
There is an interesting entry on ripoffreport.com that shows up when people search for Lexi ngton Law scam. It goes to show how the credit bureaus work to discourage you from using a perfectly legitimate credit repair company. Mr. C. writes that he signed up for Lexington Law and began the dispute process. As agreed upon, a letter was sent out to TransUnion disputing an item on his credit
More About: Credit , Scam

The Single Biggest Myth About Your Credit Reports
2007-01-10 20:08:00
No wonder so many people believe it. After all, everyone is saying it and there is little doubt that if you have spent any time researching credit repair you have heard it too. The FTC, the credit bureaus, creditors, and just about everyone else always say the same thing when talking about credit repair; there is no way to legally remove any information on your credit report if it can be
More About: Credit , Single , Myth

A Completely Biased View of Credit Repair Companies
2006-12-22 23:23:00
It is unfortunate that one of the most available and outspoken credit repair voices on the Internet is so thoroughly biased against credit repair companies in all forms. Reading her websites has probably led many people who could genuinely benefit from credit repair away from getting help with the process. Christine Taylor is an administrator for creditforum.org and fight-back.us. On the
More About: Companies , Credit Repair , Credit , View , Repair

The Credit Bureaus Block Credit Repair Company Advertising
2006-12-11 20:08:00
Because of how tightly regulated credit repair companies are by the federal and state CROA regulations, credit repair organizations are very limited with regards to how they can advertise their services. They are primarily limited to online advertising such as paid search listings, web site advertisements, and affiliate marketing. As yet another example of how the credit bureaus try to stifle
More About: Credit Repair , Credit , Advertising , Company , Block

Real Life Example of the Difficulty of Credit Repair
2006-12-08 18:43:00
There is an interesting story titled "Credit Report Errors are not Easy to Repair" in the New York Times-Herald Record about how difficult it can be to remove even a single item from your credit reports. It also goes to illustrate how credit repair can go far beyond simple credit report repair, or the process of disputing your credit report directly with the credit bureaus. The article details
More About: Life , Credit Repair , Real , Real Life

FTC Warning about Credit Repair Companies and Contacting the Credit Bureaus
2006-12-06 22:55:00
On their infamous page titled "Credit Repair : Self Help May Be Best", the FTC provides the following "tell-tale" signs of a credit repair company operating a credit repair scam:companies that want you to pay for credit repair services before they provide any services. companies that do not tell you your legal rights and what you can do for yourself for free. companies that recommend that you not
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Lawn Mowing Scam: Companies Bilk Homeowners Out of Thousands
2006-11-27 19:59:00
Everyday, companies and individuals nationwide appeal to homeowners with unsightly yards. They promise, for a fee, to improve the appearance of your lawn, garden, and other landscaping elements so your property looks better. Even worse, some of these landscaping companies claim that after using their services, your property may even be more valuable and will sell for a higher value. The truth
More About: Companies , Scam , Homeowners , Homeowner

Tis' the Season for Credit Report Repair
2006-11-08 19:05:00
It seems that as the holidays come around and so many people are busy planning parties, decorating houses, and shopping for gifts, productivity in the workplace suffers. People start leaving work a little earlier, more workdays are missed, and even when people are sitting at their desks, not as much work gets done. What is true of your office is also true of the credit bureaus and the creditors
More About: Credit , Report , Season , Credit report , Repair

Accurate Items are Deleted from Credit Reports Everyday
2006-11-08 00:09:00
The FTC tells us that "No one can legally remove accurate and timely negative information from a credit report", credit repair companies are required by law to say the same thing, and just about every other credit repair resource you can find agrees. This statement is not only deceptive, but it is dead wrong. The truth is that accurate items are legally removed from credit reports everyday.
More About: Credit , Items

Ironically, Credit Repair Law Firms Love to Rip Each Other Off
2006-11-06 22:11:00
Lexington Law was the first law firm to take credit repair online and since then, their processes, approach, and appearance has been mimicked by a surprisingly large and non-creative group of credit repair companies. The funny part is that the websites of these copy cat firms are so blatantly ripping off Lexington Law. It is certainly something you wouldn't expect in an industry loaded with
More About: Credit Repair , Love , Credit , Repair , Ally

The Classic Credit Repair Scam
2006-11-03 21:47:00
In an article titled Nixon to Stop Fraudulent Credit Repair Services we can see a perfect example of why the Credit Repair Organizations act was passed. According to the article, multiple people filed complaints against Tim Holthaus of Springfield, Missouri for his ineffective credit repair services. They claim that Holthaus operated the company Success Systems and promised improved credit
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BBB Reports for Credit Repair Services
2006-11-02 18:35:00
When shopping for a credit repair company to help you dispute your credit reports, be sure to thoroughly research the companies you are considering. I good starting point for this research is the Better Business Bureau. On the BBB search page you can look up the company reports of any credit repair companies you are considering. The different state reports vary slightly in how they present the
More About: Credit Repair , Services , Credit , Repair

The One Hundred Word Credit Statement
2006-11-01 23:47:00
If you dispute an item on your credit reports and after conducting an investigation the credit bureau you are disputing with does not delete the item, you have the right to submit a one hundred word statement to be added to their credit reports. This statement is supposed to be a way for you to plead your case to creditors looking at your credit reports. According to the Fair Credit Reporting
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Removing a Bankruptcy from Your Credit Reports
2006-10-31 17:55:00
Yes, it can be done. People will say there is no way you can remove a bankruptcy from your credit reports but there is nowhere in the Fair Credit Reporting Act (FCRA) that says certain items on credit reports cannot be removed. All it says is any information on your credit reports that cannot be verified as accurate must be removed. If you think about it, this makes sense. Creditors and the
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Don’t Buy Credit Repair Guarantees
2006-10-30 19:14:00
If you have shopped around for credit repair services, you have probably seen a few site making claims like the following from the dsiSolutions site www.repairyourbadcredit.com: Well you're about to discover a way to (1) get approved for almost anything—without a hassle, (2) save tons of money by not having to pay crazy interest rates, and (3) also establish new positive credit—to help you with
More About: Credit Repair , Credit , Repair

Credit Repair versus Credit Report Repair
2006-10-27 20:29:00
There is a difference. Credit report repair is the process of disputing the negative items in your credit reports that you feel are inaccurate, misleading, or unverifiable. This is where you contact the credit bureaus directly (phone, letter, email, etc.) and request they investigate an item or series of items on your credit report. While this is a part of credit repair and may be the only
More About: Credit Repair , Report , Credit report , Versus

Loads of Bad Information about Credit Repair
2006-10-26 18:45:00
Some quotes pulled from answers for credit repair questions in Yahoo! Answers. There is no such thing as credit repair Bad credit cannot be repaired Credit repair companies are a scam Credit repair company usage damages your credit and you will be treated as having filed bankruptcy fro the next 7 yrs should you want a mortgage. The ONLY things that can be removed from your credit report are
More About: Information , Credit Repair , Repair

Watch Out For Pay Per Item Credit Repair Services
2006-10-25 17:59:00
When shopping for credit repair company you will probably notice three main types of payment plan; flat monthly rate, pay per deleted item and one time payment. Most of the large credit repair organizations and law firms use the monthly fee model while many smaller operations try to differentiate themselves by "only charging when you see results". The third payment type, charging a single large
More About: Watch , Credit Repair , Services , Credit , Item

More Misinformation about Credit Repair
2006-10-24 21:17:00
If you are going to make wholesale statements like “Credit Repair Companies – No Cure for Your Credit Ails” and “only time can heal bad credit”, at least try to get the facts right when making your case. The site for the Utah Division of Consumer Protection provides the following insight: Unscrupulous firms often rely on a portion of the federal Fair Credit Reporting Act which requires a credit