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How can I keep from getting scammed by a credit repair company?

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How can I keep from getting scammed by a credit repair company?

Answered By Sophia Caylar, Editor


The best way is to keep away from those that make unrealistic claims. The reality is that you can do everything they can do to fix credit report. A good credit repair book will teach you everything they know. Credit repair companies do not have some secret to reparing your credit. Good agencies are just very persistent. Bad agencies will string you on and never make much headway. There are plenty of those.

If you decide to deal with a credit repair agency, find out the methods they are going to use. If they want to create a new credit identity for you, don't let them. Get up and walk away. This may pose more problems later on. Make sure to talk it over with someone you trust. Tell them what the credit repair company has in mind, your family and your friends are the best resources you've got.

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