Credit Repair Advice Warren MI

If anyone says they can "fix" or "repair" your credit, watch your wallet!

Henry F Skrok CPA
(586) 575-9110
12434 E 12 Mile Rd #103
Warren, MI
All Inclusive Business Service
(586) 573-7660
30009 Schoenherr Rd #6
Warren, MI
Linda A. Matte
(586) 757-0261
13514 Moceri Cir
Warren, MI
Elliott Elliott & Co
(586) 771-5600
18421 E 9 Mile Rd
Eastpointe, MI
Motor City Accounting & Tax
(586) 777-3371
19360 E 10 Mile Rd
Eastpointe, MI
General Bookkeeping & Tax Service
(586) 776-5230
14152 E 12 Mile Rd
Warren, MI
Co-Op Tax & Accounting Inc
(586) 573-7250
8252 East 12 Mile Road
Warren, MI
Alltax Income Tax
(586) 773-4444
27777 Gratiot Ave
Roseville, MI
Robert J Hamilla CPA
(586) 779-4220
30801 Utica Rd
Roseville, MI
Frank J Wolicki CPA
(586) 558-8004
27201 Ryan Rd
Warren, MI

Credit Repair Advice

Provided by:

If Anyone Says They Can "Fix" or "Repair" Your Credit, Watch Your Wallet!

So-called "credit repair" services sometimes claim they are able to "clean up" a consumer's credit report, erase bad marks from a credit history or create a new credit identity. But there's one problem; it's illegal to make such claims. No one can legally remove negative information from a credit report if it's accurate.

Any company that says it can repair your credit probably is trying to take advantage of you. Credit repair companies can't do anything for you that you can't do yourself.

How to Recognize a Credit Repair Scam

Fortunately, there are several ways you can spot credit repair rip-offs:

They often charge high fees, between $250 and $5,000 up front.

  • They typically say that they can offer you a quick fix for your credit problems.
  • They use high-pressure sales tactics.
  • They claim to be affiliated in some way with the federal government or some government agency.
  • They promise to remove evidence of a previous bankruptcy and records of late payments from your credit report.
  • They make sensational claims that sound too good to be true.
  • They claim that they know loopholes in the law to fix your credit. For example, they claim that if you dispute an item on your report in writing and the creditor does not respond within 30 days, the item must be removed. However, even after the item is removed, the credit bureau can continue to investigate the item and it will go right back onto your credit report if proven valid. Meanwhile, you paid a scam artist to have it "removed."
  • ...

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