Broken By Your Credit Card? Credit Repair Service Can Help
Sure, we all love them but when misused, a credit card can break us. Too often, there is no self-control associated with credit card use, which means
you are quickly in debt and then losing sleep over it. If you are tired of being drug down by credit card debt, we have good news. Credit repair
services are offered throughout the country, providing services online and in person. Although not every company is honest, the Federal Trade
Commission or FTC has developed a number of safety guidelines that help consumers choose a reputable company.
What to Look for in a Scam
Just as there are many different options of credit cards, you will find as many, if not more debt reduction companies to match. When looking for a
service to help you, make sure they follow federal laws. Most importantly, if a company makes outlandish promises, you should be suspicious. These
companies should have one goal in mind - teaching you better money management for life, not using various services to fix the problem temporarily.
Therefore, if you read advertisements for quick fixes, rather than financial education, beware. Some of the more common statements made
associated with a scam include the following:
"100% Guaranteed - We will Repair your Credit", not possible "Obtain a new credit identity", illegal "Have low credit ratings, bankruptcies, and liens
removed from your credit history" "No credit problem is too hard for us to handle"
To help get rid of your debt by credit card, credit repair services are required by federal law to let you know of what actions you can undertake for free.
For example, if they insist that you have to pay to get your own credit report, get up and leave.
All you have to do to get a copy of your reports from Experian, Equifax, and TransUnion is to request one in writing, fill out an online form, or call them
on the phone. Now, if you want to find your credit score, which is different from the credit report, you would typically be charged a sma