NEED FB I am certain this is a scam

I received an envelope , I think it came UPS, with a prepaid UPS return envelope. **** That's the big clue, isn't it? That this company doesn't want to send anything through the US Postal service. **** And that every time I call the 800 number listed, no one ever answers the phone, and when I leave a number requesting more information, no one ever calls me back***

The company is listed as ICR, 1580 Sawgrass Corporate Parkway, Sunrise, FL. They claim that they are not a credit repair company, but that they have a program that assists in making your credit report better by "overcoming bad credit with good credit."

The letter was signed by Alex Thomas, customer service line (866) 300-6966 with fax of (866) 838-7838.

They claim to enhance a personal credit file by getting approvals on "3 companies that we work with that will offer AUTOMATIC APPROVALS. (their CAPS). They will issue you a line of credit of $10K each for purchasing their products. In order to purchase the products you must put down 50% and they will finance the remaining 50% against your credit line. There is a $15.00 mtce. fee for each co for a total of $45 per mo. that you must pay in order to keep your accoutns reporting to the credit bureaus. YOU DO NOT EVER HAVE TO PURCHASE A PRODUCT TO HAVE YOUR ACCOUNTS REPORTED, SIMPLY PAY THE MTCE FEE. [[[ I am still quoting the material ]]]

"Every three months that you make you payment on time we will increase yuour credit reference by $5K until you have worked your way up to $50K. Examples, Months 1-3, credit reference $10k, then on down to Months 13-14, credit reference $30K, then Months 24 and up, $50K credit references. "

"Your references will begin showing up approximately 30-60 day upson enrolling into the program. We report to all three credit bureaus, TU, Equifax, and Experian, and will provide written credit references any time."

[[[ still quoting ]]] "These accoutns will appear on you credit report as active and open and that you have never been over 30-60-90 days late on you payment on these accounts. They will also so that you have a zero balance and that the hight credit is $10K. The rating will be I-1 or R-1, which is the highest rating that you can get on an individual account."

"There is no purchase necessary of the the products that the companies offer. However, you will receive a credit card that you may use to make purchase if you so desire. BUT MOST OUR CLIENTS DO NOT MAKE ANY PURCHASES DUE TO THE FACT THEY DO NOT WANT TO INCUR ANY FURTERH DEBT. THEY ARE SIMPLY INTERESTED IN ENHANCING THEIR CREDIT REPORT AND BENEFITING FROM THE POSITIVE EFFECT THAT THE ACCOUNTS W8ILL HAVE ON THEIR CREDIT REPORTS. The choice is yours."

"Your account will be evaluated after the first three months, and if current, the line will be raised by $5K per account. Every three months, your account will be evaluated and if there are no late payments, you credit line will go up by $5K until all credit lines are up to $50K. This is the maximum credit that you will be extended. Additionally, at the end of the first three months, you will recive a package that will list other companies that we are affiliated with that may also be willing to extend you credit. This will include Visa/MC companie and other merchant accounts that you may want to take advantage of."

Section on Fees quotes:
: requires a one time fee of $45
nly other fee is the monthly $45($15 for each of 3)
: can cancel at any time with 30 days written notice
:suggested time in program is 24 months
; if you stop paying you miantenance fee without notice, you will rist late payment showing on your credit report


Also claims" Participating in this program will not negatively effect your debt to income ratio." " If you do not purchase any products , you will have no outstanding balance or payment. The accounnt will, however, show up as an open and active with a zero balance. "

The material also give a VERY accurate description of Fair Isaac scoring, and how inquiries impact an individual credit score when companies report your application, regardless of approvals/denials.

All in all, it really looks professional and makes it seem that they know the in's and outs of the system. And they tell you that time is the major factor in improving your score, that " our program will greatly shorthen the length of time that it usually takes o overcome bad credit. Why wait seven years for those negatives to fall off of your credit reports?"

I am a newbie to all this stuff, started working on getting the credit reports to be factual about one year ago, when I found out that my insurance was going way up due to new program of scoring by my Company.

I am one year away from have my Chap 13BK fall off, as it was filed in 'Spring 96, and will disappear in Spring '2003.

***********I was just trying to get a better score before Spring '2003 so that I can get a decent insurance rate on my auto and home. I started to send money to the above "PROGRAM" and then my gut feeling kicked in , and I thought "Gee, now why won't they send stuff through the good old snail mail?" *****************

so I put down my checkbook and thought I would get your input on this . [[[[ My dad always taught me that if something seems too good to be true, it probably is. ]]]]


Texas Ms.