Whats is illegal on credit report repair?

I seing people advertizing making your credit get a bust of 120 points in 30 day for 29 a month! Is that legal. They do not explain what they do, or how they do and the legal consequences.

Whats is illegal on credit report repair?

It%26#039;s perfectly legal, although you could do it yourself for only the cost of postage and your time.

Simply put, these repair places improve your score by making your creditors/collection agencies jump through all kinds of hoops to prove you owe this debt. This includes disputes and debt validation mainly.

This flow chart shows roughly what they do.

http://www.creditinfocenter.com/rebuild/...

More often than not, the collection agencies cannot meet the requirements needed, or they simply don%26#039;t want to bother with it so the listing is deleted.

As far as it being illegal, you will have some people here tell you that disputing a listing you know is valid can be fraud...that is 100% FALSE. You have the RIGHT to dispute ANY listing on your credit report.

Whats is illegal on credit report repair?

don%26#039;t know if it%26#039;s illegal or not, but i strongly recommend that you remember the golden rule %26quot;IF IT SOUNDS TOO GOOD TO BE TRUE... IT USUALLY IS%26quot; it sounds like a scam to me.

you must either be worth a lot of $$$, or so far in debt that you can%26#039;t see straight if you are willing to pay $30 a month to increase your credit score. by the way, if they can boost your credit score by 120 points in 1 month, what do they claim that they can do in 6 months or 1 year? will they boost your credit score by 1,440 points in 1 year? (120x12 months=1,440) what is the %26quot;perfect%26quot; credit score?

have-a-loving-day!

Whats is illegal on credit report repair?

It looks like a non easy cracking nut,looking arount here,you may find something useful for you.http://creditreport.online-helper.info/b...