Released: May 13, 2019
Beware of credit repair companies
Source: Ann Carrns, N.Y.Times (Paid Registration)
People struggling with loan payments and falling credit scores may be tempted to seek a quick fix. But they should be wary of so-called credit repair companies that promise to scrub credit files and improve credit scores for a fee, consumer watchdogs say.
The Consumer Financial Protection Bureau filed suit this month against Lexington Law and CreditRepair.com, two of the largest credit repair brands, and a related network of interconnected businesses.
Read Full Article: Beware of credit repair companies
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