Credit repair companies offer a level of professionalism and familiarity with the credit reporting agencies to know just the right steps to take to help improve your c
Credit repair companies offer a level of professionalism and familiarity with the
credit reporting agencies to know just the right steps to take to help improve your c
credit reporting
agencies to know just the right steps to take to help
improve your
creditcredit.
A
credit repair business and its salespersons, agents, and representatives, and independent contractors who sell or attempt to sell the services of a
credit repair business, shall not do any of the following: (1) Charge or receive any money or other valuable consideration prior to full and complete performance of the services that the
credit repair business has agreed to perform for or on behalf of the consumer; (2) Charge or receive any money or other valuable consideration solely for referral of the consumer to a retail seller or to any other
credit grantor who will or may extend
credit to the consumer, if the
credit that is or will be extended to the consumer is upon substantially the same terms as those available to the general public; (3) Represent that it can directly or indirectly arrange for the removal of derogatory
credit information from the consumer's
credit report or otherwise
improve the consumer's
credit report or
credit standing, provided, this shall not prevent truthful, unexaggerated statements about the consumer's rights under existing law regarding his
credit history or regarding access to his
credit file; (4) Make, or counsel or advise any consumer to make, any statement that is untrue or misleading and which is known or which by the exercise of reasonable care should be known, to be untrue or misleading, to a consumer reporting
agency or to any person who has extended
credit to a consumer or to whom a consumer is applying for an extension of
credit, with respect to a consumer's creditworthiness,
credit standing, or
credit capacity; or (5) Make or use any untrue or misleading representations in the offer or sale of the services of a
credit repair business or engage, directly or indirectly, in any act, practice, or course of business which operates or would operate as a fraud or deception upon any person in connection with the offer or sale of the services of a
credit repair business.
credit repair [top] Credit repair is a general term used to describe the practice of improving or rehabilitating one's financial reputation (creditworthiness) with creditors and - or credit reporting age
credit repair [top]
Credit repair is a general term used to describe the practice of improving or rehabilitating one's financial reputation (creditworthiness) with creditors and - or credit reporting age
Credit repair is a general term used to describe the practice of
improving or rehabilitating one's financial reputation (creditworthiness) with creditors and - or
credit reporting age
credit reporting
agencies.