Scam Alert: Credit Repair’s Dirty Business
In the last year, there has been an increase of 50 percent in reports of
credit repair scams. These duplicitous companies make false promises of having inside connections and
knowing legal loopholes to clean your credit. They claim they can improve a score by erasing bad debt,
bankruptcies or foreclosures from your credit history, in a matter of months and usually for an advance fee of
up to $2,000.
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