Urban myths- We hear them all the time. One that comes to mind: …credit repair companies can instantly solve credit problems.
Most of the myths are harmless fun; but when it comes to your credit, you could lose money and break the law if you don’t know the truth.
Some credit repair companies make promises about turning bad credit into good credit. And while it may sound enticing, don’t be fooled. Truth is, nobody can legally remove accurate and timely information from your credit report. You should be skeptical of any company that claims they can do a quick fix to your credit.
In fact, the Federal Trade Commission (FTC) is continuing its crack down on…
Finish Reading: How to fix past credit mistakeshere
