This is my first post and have questions. 1) Are there companies that can offer legal credit repair or are they all illegal? I live in Arkansas and have heard DateLine say that they are scams. Attorney General here in Arkansas even went on the radio and said that credit repair companies were infact not legal. I've read where companies have lost lawsuits(ICR aka NCER) and millions of dollars. 2) What did those credit repair companies do wrong/illegal for that to happen? The FTC has it on their site that the best is for you to do your own credit repair. 3) But what if a company does it just like we do? same letters, procedures, etc. 4) What's to stop a company from doing the same? Or do they use the same letters and procedures already? 5) How could this be legal if we/you clean our own credit? yet companies are getting into trouble. We all pretty much use the same Form Letters... 5) Don't the CRA's think that Credit repair orginizations are doing all the work? Even though its an individual Just wondering. Thanks Matt
You need to read up on the intro threads at the top each. After you hang around here for a while you will get a better understand of credit repair.
