A Craigslist ad came to my attention for a credit repair company called “The Credit Repair Company.” It appears that someone is running an advertisement claiming:
“WE HAVE BEEN HELPING OTHERS ALL THROU THE UNITED STATES WITH THE BAD CREDIT ISSUES SINCE 1995 WE HAVE AN A+ RATING WITH THE BETTER BUSINESS BUREAU WE CAN HAVE REMOVED JUDGEMENTS, BANKRUPTCIES,CHILD SUPPORT, TAX LIENS, LATE PAYMENTS, COLLECTIONS, CHARGE OFFS, STUDENT LOANS REPOSSESIONS, FORECLOSURES, ETC.
SIGN UP TODAY WITH ONLY 39.95 AND WE WILL WAVE THE DOWN PAYMENT FEE OF 150.00″ – Source
The ad lists the same telephone number associated with The Credit Repair Company that operates out of Florida. – Source
What is a Consumer to Do?
If someone saw the ad for this company they would think they might have found a great deal to remove bad credit from their credit report. But not so fast.
The company seems to be promoting advanced fee credit repair which is not permitted under the Credit Repair Organizations Act. And a quick check in Florida show a company called The Credit Repair Co is not authorized to conduct business.
The State of Florida says The Credit Repair Co. was administratively terminated for not filing an annual report and since September 23, 2011 the company is not authorized to conduct business. The president for this company is listed as Haskell Mackowski and located at 6350 NW 201st, Miami, Florida, 33015.
Despite the claims made in the ad and Facebook posts, I’ve been unable to verify if this company has an A+ BBB rating as they claim.
Problems all around for sure.
If you are a consumer and you’d like to checkout a company before using their services, read How to Check Out a Business or Company to Avoid Getting Scammed or Ripped Off.