Credit Repair? It Just Might be a Scam

Another credit repair firm caught deceiving customers

Photo by Jon Tyson on Unsplash

Yes, a credit score is something you need in order to navigate the financial marketplace. Sometimes, credit scores are used in employment decisions.

You have one even if you don’t want one or don’t use much or any credit.

The credit bureaus work for the financial services industry, not for consumers.

Consumer Group PIRG Slams Credit Bureaus, Calls for Reform | Advocate Andy | NewsBreak Original

So, what if you have bad credit — maybe an account in collections or maybe just past bad use of credit products — and now, you want to rectify that.

Along comes a company promising “credit repair” and you think it could fast track your path to better credit.

You should know that you can do most credit repair yourself for free.