Credit Repair Service Meaning. Credit strong is not a credit repair service and does not remove negative credit history from your credit profile. There are several services a specialist provides, many of which are fee based.
A scam perpetrated by bogus credit repair firms that involves the mail out of dispute letters en masse to credit bureaus on behalf of consumers with spotty credit histories. Changes in your credit score reflect individually specific financial behavior and history. Credit repair services have ample experience with dealing with lenders, which means they may be able to negotiate with lenders to offer a better deal on repayments.
The credit repair organizations act (croa) is a federal law that became effective on april 1, 1997, in response to a number of consumers who had suffered from credit repair scams.
If you do enlist the services of a reputable credit repair company, such as lexington law, you can cancel the service at anytime. The credit repair organizations act (croa) is a federal law that became effective on april 1, 1997, in response to a number of consumers who had suffered from credit repair scams. He can work independently or as part of a larger firm. The duties of a credit repair specialist.