Browse all discussion posts based on their category
Discussion Categories
Can't find the Answer you were looking for? 
5283 page views
Category: Business
Tags: credit repair
  • Reviews
    0 Reviews
  • Answers
    0 Answers

6/8/2010 2:07 PM (PST)

I am in need of a reputable INEXPENSIVE credit repair service. Thanks!

» Send Kudo  |  » Private Message  |  » Mark as Spam
Replies: 3
  • Reviews
    0 Reviews
  • Answers
    1349 Answers

6/8/2010 3:13 PM (PST)


You can search the BBB by catagory for a credit counselor using this link:

Check out the article on debt settlement posted in our "New Scams" section before you do anything, please. The article provides some in-depth info on this industry and you should be aware of the proposed rules on fees and disclosures that the FTC is considering for the debt settlement industry.

Many of these companies appear to operate as a referral agency to various law firms or other companies for debt settlement leads so they are not the company you would end up doing business with. These referral arrangements are “pay to play” deals, meaning that the referring agency receives some sort of consideration by the law firms for their referrals. This is a whole issue in and of itself, but more importantly, if you have read any previous posts here you will know that the experience of the BBB with debt settlement firms has been decidedly negative. Most people who complain about these companies state that their debts weren't negotiated, they were told to stop making payments, and the result is that they're in worse shape than when they started. Many are sued and are forced to file bankruptcy to rid themselves of the lawsuits.

There are many reasons why the debt settlement industry is under scrutiny by the FBI, Secret Service, State Attorney Generals, and other financial crime regulators. This industry is rife with companies using predatory fee models and deceptive advertising. Don't fall for the ads that are all over television: they are produced by slick third party lead generators and oftentimes if you call the phone number you see on TV you will be speaking with the lead generator who will screen your call for distribution to any referral receiver who will pay. The FTC’s proposed rules will shut down the industry as it stands today - for good reason.

Have you tried a nonprofit credit counselor? Check out to be connected to a local accredited agency and also check out their "Debt Settlement Consumer Alert". Their national hotline is 800-388-2227.

» Send Kudo  |  » Private Message   Is this helpful? (1)   (0)
  • Reviews
    4 Reviews
  • Answers
    1088 Answers

6/8/2010 3:17 PM (PST)

Have you pulled your credit report(s) yourself yet to see what's on them? Go to to access your free annual copies and make sure you type in the address correctly so you don't end up at an imposter site. You might be able to get errors and stale info removed yourself. Check out other posts in this forum tagged "credit repair".

Also, check out this info from the BBB Facebook page:

Good luck

» Send Kudo  |  » Private Message   Is this helpful? (2)   (0)
  • Reviews
    0 Reviews
  • Answers
    5 Answers

6/14/2010 5:29 AM (PST)

HI Meaghan - you can do your research on local credit repair companies at - here is the link: I would use the user ratings to guide you. good luck!

» Send Kudo  |  » Private Message   Is this helpful? (0)   (0)
Page Top ↑
What's your opinion?
Enter Your Reply
  You must register or sign in to your user account before posting on Ask The Community.
© Copyright 2017 TrustLink All Rights Reserved.