AnnualCreditReport.Com - Credit Report ; Credit Score ; Credit History. All things that you need to know about credit repair company to fix credit report or increase credit score. Before you read this article, you need to note that credit counseling are different than credit repair company. .
If you’re in serious demand of fixing your own credit score, you might be considering to go to a credit repair firm. The are a lot of these companies you can easily find out there. However, it’s much better to try to learn your your own credit report by checking your own annual credit report regularly, start from there you will know what you need to do next if something is not like you expected, by going to credit report companies or just do it yourself……..
Below are some reasons that you should repair your own credit and avoid a credit repair company.AnnualCreditReport.Com
Many Employee Black Hat Tricks
Many credit repair companies perform black hat tricks to boost your credit in the near term. These tricks can range from shady to downright fraudulent. Below are two tricks that are often used.
Many companies will dispute everything on your credit report. Because the credit bureaus cannot respond to all of the disputes within the 30 day period required by law, they must remove the unverified information from your .
In the near term, this appears to be a good solution. Unfortunately, much of the information that was removed will eventually be verified and added back to your report. If you received any new credit during the time period that the valid items were not on your report, you could face legal issues.AnnualCreditReport.Com
Some firms have you establish a new identity by using an Employee Identification Number (EIN). By using the EIN (some agencies even suggest you use the EIN as a SSN), you can get a fresh start and begin building your new credit.AnnualCreditReport.Com
The problem is creditors will often catch this. Now you have taken on a new identity and received credit under false pretenses. Not good. You, not the credit repair agency, can be prosecuted or run into a sea of legal issues. AnnualCreditReport.Com
Few Deliver Results
Few credit repair firms actually deliver positive results. Because credit repair is a new industry, there are no standards or key indicators to judge whether a firm has done a good job for the price paid.annual credit report com
In addition, deceptive advertising is so rampant that a federal law called The Credit Repair Organization Act was developed to help protect consumers from deceptive advertising and business practices performed by credit repair companies.AnnualCreditReport.Com
They Are Expensive
Repair companies are often expensive; not an attractive feature when you are trying to get out of debt. If you are considering paying expensive fees to improve your damaged credit, it may be time to take a look in the mirror.annual credit report com
If you can repair your credit for free, then isn’t paying expensive fees financially irresponsible? Repairing your own credit is a step toward making better financial decisions by being more resourceful and saving money; money that can go towards paying debts.AnnualCreditReport.Com
Repairing your credit is not complicated. By reviewing your free annual credit report com, you can ensure that good items are on your report, bad items that are old get removed, and that your report doesn’t contain someone else’s information. Take the leap and become more resourceful, leaving you with more money to pay your debts.annual credit report com
Provided by Adam VanBuskirk, the owner of Free Annual Credit Report and Scores 
Annual Credit Report.Com