bad credit report repair
Complaints to BBB about credit repair companies have risen for three straight years, topping more than 1,400 in 2006 - a 38 percent increase since 2004. More than 400 of those complaints were not resolved, meaning BBB was not able to track down the company or the company refused to take steps to resolve the issue with the consumer.
With the economy slowing and lenders becoming increasingly picky, many people are looking for fast, easy ways to fix or even erase damage to their credit history. Consumers need to be very careful when searching for or using a credit repair agency. In some cases consumers are being charged for work they could have done on their own for free, and in the worst case scenarios, consumers are unwittingly encouraged to engage in illegal activities, without their knowledge. Consumer Reports notes that Americans find nearly 13 million inaccuracies on their credit reports each year. With millions of inaccuracies in credit reports, BBB encourages all consumers to check their reports. Everyone is entitled to a free copy of their report from all three credit reporting bureaus every year or if they have been denied credit within the last 30 days (go to: www.AnnualCreditReport.com). Almost everyone these days knows of someone that has access to the Internet; it is important that you check credit report.The law does allow an individual to request reinvestigation of information in their file that they feel is inaccurate or incomplete, and there is no charge for this process. BBB is reminding people that everything a credit repair company can do for them legally, people can do for themselves at little or no cost. Companies must also provide a written contract that spells out the consumer's rights and obligations. BBB advises anyone using a credit repair service to read these documents carefully before signing anything. BBB also suggests consumers beware of companies that: Do not tell you your legal rights and what you can do - legally - for free;
We encourage you to visit our site at my credit group and have a look around. We want you to know, and understand us before you make this important decision. “While some companies offering credit repair services strive to get as big as they can, as fast as they can, My Credit Group’s focus is on being as helpful as they can. To My Credit Group, ethics and education should always come before profits. They believe the customers deserve the piece of mind knowing you can turn to them for honest, safe and substantial results and are continually recognized for outstanding performance as a credit company, market leadership, and their strict code of ethics. The company is registered with the Secretary of State & the Attorney General; and after almost a decade of helping consumer’s with their credit, they still maintain a flawless track record with the Better Business Bureau! My Credit Group is Fair Credit Reporting Act Certified, Nominated for San Diego’s Best Customer Service Company, and was the only civilian credit repair company to be utilized by the Department of Defense.” visit my credit group |
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