Kevin Keane

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Home All FAQs Getting started in the USA Credit and Mortgage I saw an offer for "credit repair" that claimed they could get me good credit for a fee. Should I do that?

I saw an offer for "credit repair" that claimed they could get me good credit for a fee. Should I do that?

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NO! This is a well known scam. Stay away from such credit repair companies as far as you can.

Often, they say that they will remove bad items from your credit report "no matter how long it takes." That's an easy promise to make. It usually takes seven or ten years. After that time, anything disappears from your credit report anyway, without the "credit repair" company doing anything. They will basically charge you for waiting seven to ten years. You can do that by yourself!

There are other types of credit repair scam that go even further into the area of fraud or crime. Don't do it!

 

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