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February 6, 2006

Credit report repair services are all over the web, but consumers should beware.

A recent blog post on the WashingtonPost.com reported the following about credit report repair offers —

“Credit repair promoters generally charge hundreds of dollars, but don’t deliver on their claims,” said Eileen Harrington, the Federal Trade Commission’s deputy director of the agency’s consumer-protection division. “The fact is, they can’t. No one can legally remove accurate and timely information from your credit report. … There is absolutely no reason to pay for credit repair–ever.”

You can read more on this blog post by Caroline Mayer @ Beware of Enticing Offers to Fix Your Credit Report.







Filed under Credit & Collections.

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