Consumer Protection
What to Know Before Hiring a Credit Repair Company
Credit repair companies cannot legally promise credit score increases, account approvals or removal of accurate negative information. Before paying any company, compare its claims against official consumer protection guidance.
Warning Signs
- Promises to remove accurate information.
- Requests for payment before legally required work is completed.
- Advice to dispute information you know is accurate.
- Claims of promise score improvement or promise approvals.
- Pressure to create a new identity or use a different Social Security number.
Safer Alternatives
Consumers can review reports from AnnualCreditReport.com, dispute information they believe is inaccurate, incomplete or not theirs, and contact nonprofit credit counseling organizations for budgeting or debt help. Legal questions should be directed to a qualified attorney.
