Daily credit repair news

Be wary of businesses claiming they can boost bad credit scores - Seattle Times

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In the first phase of the campaign, the FTC sued seven companies, claiming multiple violations of the Credit Repair Organizations Act and the Federal Trade ...

Beware of tactics used by credit repair companies - MiamiHerald.com

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There is no short cut to improving your credit ratings. The FTC offers these tips and reminders: • Avoid any company that wants you to pay for credit repair ...

The fix is in: DIY home repair classes - Minneapolis Star Tribune

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"You'd think people would want to learn more about recession-proofing, but we just had to cancel a class called 'Confront Your Credit Score,'" said Betsy ...

Kenneth Harney: Complaints spur US action on credit-repair companies (Arizona Daily Star)

Posted: 01 Nov 2008 02:34 AM CDT

WASHINGTON— With foreclosures, short sales and credit-card defaults at record levels, an aggressive breed of firms has sprung up offering to power-wash consumers' damaged credit files and boost credit scores — thereby eliminating records of bankruptcies and mortgage delinquencies, even when the information is accurate.

A Crackdown on Credit 'Fixes' (Washington Post)

Posted: 01 Nov 2008 12:15 PM CDT

With foreclosures, short sales and credit card defaults at record levels, an aggressive breed of firms has sprung up, offering to power-wash consumers' damaged credit files and boost credit scores, thus eliminating records of bankruptcies and mortgage delinquencies, even when the information is accurate.

Be wary of businesses claiming they can boost bad credit scores (Seattle Times)

Posted: 01 Nov 2008 04:14 AM CDT

Authorities are cracking down on a growing number of companies offering consumers a way to boost their damaged credit scores to help them buy a home.

QuicklyOutofDebt.com Gives Free Financial Advice to Americans Trapped in the Credit Crunch (PRWeb)

Posted: 01 Nov 2008 02:14 AM CDT

Every American is feeling the effects of the current credit crisis. If they aren't losing their jobs, they are getting turned down for important loans. As a result, the economy becomes even worse, since money is not circulating as it should. Yet, there is some hope as a new site surfaces through the blogosphere. It is known as QuicklyOutofDebt.com. (PRWeb Nov 1, 2008) Read the full story at ...