Warning Signs of a Bad Credit Repair Company

• Do not use any credit repair company that doesn't follow industry standards or regulations.
• Do not use a credit repair company that offers to "wipe out bankruptcies", to remove accurate negative information from your credit history, or to obtain credit for you regardless of your credit history.
• Do not use a credit repair company that promises to exploit "secret" or "little known" loopholes in the system to remove information from your credit history.
• Do not use a credit repair company unless it provides a written disclosure of your rights in relation to your credit history before asking you to sign a contract. The contract should include all the terms and conditions of payment, a detailed description of the services to be provided, including any guarantees of performance and an estimate of how long it will take to perform the contract. The agreement should also include a right to cancel lasting at least three days, in case you have second thoughts.
• Do not use a credit repair company that attempts to charge money before it has performed the credit repair services.
• Do not use a credit repair company that discourages you from directly contacting the major credit bureaus.

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