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Beware of Bogus Credit Repair Companies
By Omar M. Omar
So-called credit repair" companies claim they can remove negative information from credit reports. Advertising as Credit Advisors," Credit Rating Correction Services" or Credit Consultants," they trumpet variations on this message: Turned down because of bad credit? We can help!" Many of these companies charge hundreds if not thousands of dollars for the promise to clean up" bad credit reports. But the truth is, these companies can only do what you could do yourself--at no charge.
Nobody can remove negative information that is accurate from your credit report. No company has a secret ability to remove all negative information.
But this doesn't stop their claims. This deceptive quo...
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