Is it a Scam? Credit Repair Companies Under Fire

In most cases, you don’t need a credit repair firm

Andy Spears
2 min readMay 10, 2022
Photo by Dylan Gillis on Unsplash

Since it can be difficult to fix errors on your credit report, it can be tempting to use a so-called credit repair firm. Unfortunately, these firms are more often hype than help.

The attorneys at Finn Law Group often some key information on credit repair and how to avoid scams.

Credit Repair: Don’t Fall For Scams (

Among other things, they note:

There are many credit repair companies that claim they can help you improve your credit score. However, most of these companies use illegal methods to boost your score. They might tell you to create a new credit identity or they might instruct you to dispute accurate information on your credit report, even if you know it’s accurate. These methods will not only hurt your credit score, but they can also result in legal action.

The bottom line here: Most companies offering credit repair are offering false hope in order to make a quick…



Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .