February 11, 2008

FTC Credit Report Repair FACTS - For Consumers

The FTC claims that Credit Report Repair may be better for you if you do it yourself. You have seen advertisements on TV, local newspapers, internet. All of these credit report repair companies claim the following:* “Credit Problem? No Problem!”* ” We can get rid of bad credit problems - 100% guaranteed”* “We can remove bankruptcies, judgments, bad loans and tax liens from your credit file foreverThe FTC says “Don’t believe these statements. The only thing that will fix your credit is time, conscious effort, and a personal debt repayment plan will improve your credit report.This article will explain how you can improve your creditworthiness and gives legitimate resources for low or no cost help.The ScamAll over the US companies appeal to families and individuals that have bad credit problems. They promise for a fee, to clean up your credit report so you can get a car loan, a home mortgage, a job or even a insurance. The fact is, they cannot deliver. After you pay them hundred of dollars or even thousands of dollars in fees, these companies do absolutely nothing to improve your credit report. They typically vanish with your money says the FTC.Warning SignsIf you feel credit […]

Full Article At: KnowHow-Now.com Articles

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