credit repair

Avoiding Debt-Relief Scams

If you’re looking for a way to manage your debt, the last thing you need is to get ripped off by a company that promises to help. According to the Federal Trade Commission, that’s what happened to people who paid hundreds of dollars each to Southeast Trust, LLC. The company contacted people through illegal robocalls and claimed it was a non-profit group that could get them credit card interest rates as low as zero percent. Continue Reading >

Scammers play name game and get caught

Imitation may be the sincerest form of flattery, but sometimes it’s illegal. Just ask the people behind First Time Credit Solutions, who promoted their business as “FTC Credit Solutions” until the real Federal Trade Commission shut them down. The group claimed their credit repair firm was licensed by the FTC, and allegedly took thousands of dollars from people after promising to delete negative, but accurate, information from their credit reports. Continue Reading >

Shedding Light on the Credit-Reporting Industry

Whether it’s after a shopping spree or before you make it big purchase, it's probably a wise move to check your credit report. You can get a free credit report from each of three largest credit bureaus (Equifax, Experian, and TransUnion) once a year at AnnualCreditReport.comContinue Reading >