11.02.2008

Daily credit repair news

Daily credit repair news

Florida AG takes legal action against credit "repair" agencies - Hartford Courant

Posted:

... "were purportedly offering debt relief services including credit counseling, credit repair, debt management, and credit card rate reduction services. ...

Only time heals a credit report - Arizona Republic

Posted:

Recently, the Federal Trade Commission cracked down on 33 bogus credit-repair companies. They were all making the same promises. ...

Attorney general seeks to shut down credit repair firm - WRAL.com

Posted:

Raleigh, NC — Attorney General Roy Cooper took legal action this week to try and shut down what he called a bogus credit repair company. ...

FTC cracking down on credit repair services (San Francisco Chronicle)

Posted: 02 Nov 2008 01:23 AM CST

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...

Credit washers make dirty claims (Boston Herald)

Posted: 01 Nov 2008 11:12 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...

Ken Harney: Beware firms promising to scrub bad credit reports (Baltimore Sun)

Posted: 02 Nov 2008 02:41 AM CST

Kenneth Harney -- Nation's Housing W ith 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.

Opening the Tap on Home Equity (New York Times)

Posted: 02 Nov 2008 05:18 PM CST

Lenders are cutting back on homeowners? credit lines or freezing them altogether.

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