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Legitimate versus Scam Credit Repair

By Derek Brown
Published: Monday, June 14th, 2010

If you are one of the very many who are in dire need of a credit solution for bad credit or inaccuracies, then don’t ever fall for scams. Many credit repair companies can advertise like they are the only best thing in the world. However, they are not at all as they say they are. Cheats, scams, frauds, swindlers even—no fair and legitimate repair company will say they can clean up your credit 100%.

The Federal Trade Commission backs up this fact that has been fooling millions of people. If you take the advice, not only will you save some energy, but also tons of money just thinking your bad credit history can be fixed. The best advice is to do it yourself. You may hate the stress and the numerous calls you need to make or the letters you need to send, but credit worthiness is always worth it. So work on it today.

First you need to know the difference between scam and legitimate. A scam says you need to pay first before any service while the legitimate does not prompt for full payment, not even a down payment. A scam does not report to you everything, while a legit credit repair always makes it a point to say the process of the fix and ensures progress reports when you call. A scam can offer illegal services and advice you with ideas that can land you in jail.

No one wants that, no matter how badly you’d like to fix your bad history of credit. Everything can be done in a clean and legal way. It may take long, but not too long if you know what to do. It is like waiting patiently for that raise from your boss and doing something to deserve it.

It always helps to know that the law is beside you if you would prefer the do-it-yourself credit repair. The law permits an investigation to your credit history if you suspect any inaccuracy or fraud. Most people opt to hire credit repair companies because they don’t know that they can do it themselves with little fee or no cost at all. You may ask for credit report which you are entitled to, once a year, from Equifax, Experian and TransUnion.

There are samples of dispute letters online which you can use. Send these to the big three companies stated above. Still, you need to call for a report whatever inaccuracy or negative information that you have found in your report.

Remember, never make false claims. It’s always better to be legitimate than fall for scams.

There will never be a quick fix for creditworthiness.

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