If no one was ever
scammed by a credit repair company, there wouldn't be so many warnings against using these companies.
Not exact matches
Scams still happen, but many dishonest
credit repair companies are caught and charged
by the Federal Trade Commission.
[FN3] The
companies engaging in outright
credit repair scams, however, are preying on some of the most vulnerable segments of the consuming public: those on fixed incomes, such as seniors; those with major debts, perhaps brought on
by illness; and those who simply can not afford their own bills, much less oppressive advance fees.
You can avoid
credit repair scams by going through these organizations, checking
companies through the Better Business Bureau and not paying large upfront fees to accomplish your goals.