What You Need To Know About The Credit Repair Organizations Act (CROA) Before You Say Yes To A Credit Repair Company.

While the Fair Credit Reporting Act creates the streamlined process of how to repair your credit, and remove inaccurate, or fraudulent information from your credit reports, the credit repair organizations act regulates the credit repair industry, and serves as the law in which gives you the ability to provide third party authorization usually through a power of attorney for someone else to do the work for you on your behalf.

Credit Repair And The Law

The Fair Credit Reporting Act otherwise known as the FCRA was brought into law in 1970 alongside the Fair Debt Collection Practices Act (FDCPA) the Fair Credit Reporting act was signed into law with the intention of protecting consumers from willful and or negligent inclusion of inaccurate, fraudulent, and out of date information across their consumer credit reports.

10 Credit Repair Myths That You Need To Know The Truth About.

The choice to start the credit repair process can be one that is empowering to yourself but, for as empowering as it may be or may seem further empowering yourself with the truth, tools, and resources in credit education that you need to make informed decisions about which company to go with is crucial to … Read more10 Credit Repair Myths That You Need To Know The Truth About.