Did you know that credit report repair may be one of the biggest scams ever perpetrated on you the American Consumer? This article is a continuation of Part 1 of “Discover The Truth About Credit Report Repair”.
Many of the companies and individuals, which have bilked you he consumer, out of thousands of dollars have been put out of business and locked up for fraud. However, for every one that has been shut down it seems as if 3 more pop up. The sad thing is when the feds or the local state has shut them down; they simply pack a suitcase and move across the state line.
In some cases they simply change the name of the company and file for a new business license. In most states it is relatively easy to get a business license and open for business.
It is important for you to understand there are legitimate credit report repair companies. These companies will charge you a fee for doing the same thing you can do.
Here are some truths that you can do yourself without paying some one else to do it.
1. Disputed Debt: If you believe the amount of the money owed, shown on your credit transcript is wrong, you have the right to challenge it....