Credit law repair scam complaints cause Florida’s Attorney General to issue warning to citizens, anticipating even more credit (dis)repair complaints with desperate people latching on to these (dis)repair companies’ ridiculous claims and guarantees.
Florida’s Attorney General Bill McCollum notices an alarming trend!
Credit (DIS)Repair Companies are screwing people at a more alarming rate!
McCollum’s office continues receiving many more complaints this year than last year.
Worse, Florida AG McCollum believes the worse is yet to come. “As Floridians turn to debt relief organizations for help, an increasing number of these companies are taking advantage of the nationwide financial situation and defrauding consumers.”
According to the Attorney General’s Office, the AG will continue aggressively pursuing companies and individuals who are preying on our consumers in their times of desperation.
Absolutely Do NOT Fall For This
Common & Dangerous Scam Pitched
By Credit (Dis)Repair Scammers!Some credit or debt repair schemes offer to “hide” bad credit by helping consumers establish a new credit identity. The company may direct the consumer to apply for an Employer Identification Number (EIN) from the Internal Revenue Service, and to use the EIN in place of his or her Social Security number when applying for credit. This practice, known as file segregation, is a federal crime.
Other common complaints include:
- “…Guaranteed point increase!”
- “They promised to delete all the bad off my reports!”
- “They told me they could delete my bankruptcy so I could buy a home….”
- “I had to give them $349.00 upfront and they wouldn’t return my calls.”
- “I hired a credit repair company that claimed to be full of lawyers. They were horrible and I was never allowed to speak with one of these so-called lawyers. What a horrible scam.”
- “My credit repair company never let me know what they were doing. Every time I asked they told me it was their proprietary program…that I would be very pleased with the results. What results? Are they talking about my scores being lower than when I hired them? Am I supposed to be happy with lower scores?”
These are desperate times for people as 100’s of 1,000s of people lose their jobs, their homes, their credit & their better sense.
When I’m under stress and desperate for help, I’ve been known to overlook better judgment…and that screws me every single (damn) time.
Please do not fall for these legitimate (LOOKING) companies preying on your urgency.
What should you do?
- Confirm these companies with www.ripoffreport.com & the Better Business Bureau (I gotta tell you, I am not a fan of the BBB. I honestly believe they care more about dues-paying members than they do about protecting the integrity of the “BBB”.
- Call your State’s Department of Professional Regulation re: complaints, licensing, etc.
- Demand the credit repair company explain exactly how they plan to help you, based on your specific credit issues.
- Credit repair company MUST provide a personalized consultation in order to develop a specific game plan based on YOU.
- Credit repair should not require money upfront….
- Credit repair company should NOT try to convince you deletions automatically are best “repair” strategy for you.
To find even more helpful strategies for ADDING good credit and FIXING bad credit, check out Credit Repair FAST! now.
What experience (good or bad) do you have with a credit repair company. I hope we can get enough people saying good things about at least one credit repair company. I really hope my real estate customers and I are not the only ones to get scammed by all these credit (dis)repair companies.
I realize you’re super busy and possibly too stressed out to think of doing anything on your own with credit. However, are you willing (& able) to roll the dice?
Are you willing to take the chance on becoming one of your state’s statistics when you ask for help from your state’s AG in getting your money (or IDENTITY) returned?
You don’t want to lose your money, get sued and/or become another ID Theft victim!. Nooooooooooo, you don’t!
Credit law repair companies make people needing help believe attorneys are helping improve their credit. Unfortunately, you must realize you are not going to get an attorney to help you for $99.00 a month.
Welcome back! Got a question for me...or an experience to share? Please go to the bottom of this article to ask a question or share an experience. :) Thank you!
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