Credit-repair services

Topics:
Commercial Lending
Tags:
Credit History,
Service
Source:
Business Week Online

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Overview: The author of this article says that credit card services are one that belongs to a reputable membership organization and is independently accredited. Credit-repair firms often aim to improve your credit history by taking shortcuts or finding other timesaving measures. Unscrupulous credit-repair services promise to end your credit woes with claims of "Easy credit!" and "End all your money worries!" If you use a credit-repair service, take advantage of the protections offered by the Credit Repair Organizations Act. One of these protections is to require the credit-repair service to deliver its promised service before you pay for those services. The foundation of any good credit-repair program is a debt-repayment plan. By making payments on time, you're more likely to repair your credit history than by taking any magical elixir that a credit-repair service claims to offer

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: Sep 2003 | Pages: 1


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