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Credit Repair

FTC Halts Advanced Fee Credit Repair Scam Hargrave & Associates Financial Solutions

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A U.S. district court granted a Federal Trade Commission request and has temporarily shut down a Florida-based operation that allegedly continued to pitch bogus credit-repair services nationwide, despite a 2010 court order requiring it to stop. The new court order, which will remain in place while the FTC seeks a contempt ruling against the defendants for violating the original order, ... Read More »

    What is Free Credit Report Monitoring and How to Get It

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    There is no shortage of issues that abound when it comes to credit reports. Between worrying if the correct information is being reported about you to what might be going on with your credit report behind your back, you have to remain ever vigilant. There many places where you can pay for credit report monitoring but I like to recommend ... Read More »

      The Credit Repair Company Seems Out of Control

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      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, ... Read More »

        Is 720 Funding Really Offering Illegal Credit Repair and Bogus CPN Numbers?

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        As part of a look around the internet to see what credit and debt offers were about I found this ad for a company called 720 Funding at 720funding.com. That ad led me to their website where they offer what appears to be advanced fee credit repair packages with upfront fees of $5,500. Consumers should be very careful when engaging ... Read More »

          Veracity Credit Consultants Reaches Settlement With Colorado Attorney General

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          Colorado Attorney General John Suthers announced recently he has reached a settlement with a Veracity Credit Consultants LLC, a Denver-based company, that bars the company from charging upfront fees in exchange for credit-repair services as well as misleading consumers about their abilities to cleanse consumers’ credit reports. Under the terms of the agreement, Veracity Credit Consultants must pay the state ... Read More »

            Credit Repair Company Keeps on Pitching. FTC Does Not Find It Funny.

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            Responding to charges by the Federal Trade Commission, a U.S. district court has found a credit repair seller in contempt for violating a previous court order that required him to stop promoting worthless credit repair products and services to consumers. The contempt order finds Rick Lee Crosby, Jr. in civil contempt for violating a permanent injunction against him, requires him ... Read More »

              True Cradle Robbers – Stealing Credit From The Cradle

              It’s often not a parent’s first thought to check the credit report of their minor child, however, it may now become a necessity. Not because a child may fraudulently be using credit without their parents’ knowledge but because scammers may have stolen their unused Social Security number and identity. The Better Business Bureau (BBB) put out a warning last week ... Read More »

                Free Debt Relief Industry Regulation and Legislation Tracking

                Debt Management Laws

                I’m happy to announce today that both consumers and debt relief companies will now have FREE access to debt relief industry compliance, regulation, and legislation resources. This site module for the GetOutOfDebt.org site will give site visitors fee access to be better informed and educated about debt relief industry regulations. In this module you will find: Updates on current debt ... Read More »

                  Selling or Buying Credit Repair Services? Read This Before You’re Busted.

                  The latest unbelievable resurgence in the debt relief world is advanced fee credit repair. That ship sailed a decade ago, at least. Companies are telling marketers that they can sell credit repair services and basically “charge whatever” they want to. But there is this little thing called the Credit Repair Organizations Act (CROA) that prohibits the collection of any fee ... Read More »

                    TRW Credit Repair and Randy Wells. Idiots.

                    TRW Credit Group

                    Thomas Randall Wells, TRW Ventures LLC, TRW Ventures Inc, TRW Credit Repair Experts Inc and TRW Credit Group LLP are apparently just plain stupid. The defendants in McDaniel v. Wells filed in Arkansas Federal Court by the Arkansas Attorney General, elected to do two unbelievable things. Sell credit repair services for an advanced fee. Not respond to the lawsuit by ... Read More »

                      Lang Smith and Credit Mastery Challenge, At It Again. Still Looking for Suckers Willing to Pay.

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                      Previously I wrote about Lang Smith and his Credit Mastery Challenge, See these articles. Well apparently Lang Smith is at it again, still pushing his quite possibly illegal advanced fee credit services in violation of the Credit Repair Organizations Act. Consumers receiving his emails are alarmed and reporting his continued marketing efforts to me. In a moment I’m going to ... Read More »

                        Reader Wants a Refund From Lang Smith Who He Paid Advance Fees to For Credit Repair. No Refund Received.

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                        Not all that long ago I wrote an article about an email Credit Mastery Challenge sent out. You can read it here. In the comments for that article a reader, Elliott, came forward and make a claim that he had paid for services and asked for a refund in accordance with his agreement and Lang Smith refused to provide it. ... Read More »

                          Credit Repair Provider Wants to Barter for Sporting Goods

                          Credit Repair Barter

                          Click image for larger view. Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? Read More »

                            Building Your Financial Future: Advice For 20-Somethings

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                            photo © 2009 Andrew Magill | more info (via: Wylio)A lot of people always say that sometimes no credit is just as bad as poor credit. And I’d like to attest, this is correct. I, Amanda Miller, am in my 20s. Which means, you guessed it, I am the poorest I will ever be again (knock on wood). When I ... Read More »

                              Credit Mastery Challenge Sends Out Crazy Email Promising to Wipe Credit File Clean

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                              For those of us familiar with the debt and credit world. One of the things to avoid is anything that involves pre-paid services for credit repair services. That’s why when the following email was sent to me by a tipster (send in your tips here) I was shocked. Someone is going to fall for this load of bull but don’t ... Read More »

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