How to Spot a Credit Repair Scam?

1. How to Spot a Credit Repair Scam? Your credit score has an enormous impact on your financial life. And when you are denied for something you really need; your poor credit report can feel like a heavy burden. Sadly, there are shady credit repair companies out there who try to prey on people with bad credit in these vulnerable moments, some even as far as committing identity theft! We want our friends in Miami, Florida. to avoid falling victim to these scammers, so we can provide proper credit repair services and credit

2. restoration and start getting you back on the road to financial freedom with your credit history in better shape. The Credit Repair Organizations Act (CROA) Credit repair companies in Miami, Florida and throughout the country are governed by the Fair-Trade Agreement (FTA.) Laws about appropriate credit repair work, and what they simply cannot do, are available in the Credit Repair Organizations Act of 1968. This is an excellent reference if you are considering hiring a credit repair company. Most of what the CROA attempts to do is make sure consumers are not misled by credit repair companies who guarantee results; or promise what they cannot deliver. What Are the Signs of a Credit Repair Scam? ●If the credit repair company does not immediately provide you with a copy of the "Consumer Credit File Rights under State and Federal Law," as required by the CROA, you should be suspicious about its legitimacy. ●A forthright credit repair company will provide you a copy of their contract to review before you are asked to sign it. As with all contracts, never sign anything you haven't reviewed thoroughly. ●The CROA prohibits a credit repair company from charging you before a service is rendered. So, make sure you never pay upfront

3. — it is a sure warning sign that a company is not on the up and up. ●If the company promises any results, they are in violation of the CROA, and you should watch out. Reputable credit repair companies raise people's credit scores every day, but no one can be 100% sure your score will go up and like all things there is a bidd difference between having a track record of credit repair consultation and making outrageous promises. ●Sometimes these scammers will ask you to sign something waiving your rights from the CROA. Not only is this absolutely illegal, but you also cannot sign away these rights. Let Build Worth Strategies Work for You We work to help with Credit Repair Miami, Florida residents improve their credit scores with credit repair specialists who walk you through the credit repair process, clear up credit card debt, old repossessions, charge offs, late payments and negative items step by step, the right way for all 3 major credit bureaus. When considering Miami Credit Repair or anywhere else it’s important to Google the company before granting them access. The 3 credit bureaus- Experian, Equifax, and TransUnion also allow you to temporarily freeze your credit file so companies have to get written permission to access your report before pulling a hard inquiry so not a bad option just to remain safe. If you are suspicious about a company offering to repair your credit, or if you would like to know how Build worth Strategies can help you,

4. please call our office at 855-532-8453 for help. Or, you can contact us, to schedule a free consultation.