Look for these signs to spot an illegitimate credit repair company:

1) Beware of False Promises

Repairing credit reports takes time and effort. Any company that suggests they can fix your credit in under 30 days is a fake. Any company that guarantees that they can fix your credit report is a fake. No legitimate provider of credit repair services can guarantee anything until they have looked at your credit reports to assess what, if any, negative information
they contain.

2) Removing Accurate Items

There is no one, and no credit repair company, that can remove accurate information from your credit report. This is true whether they are lawyers, paralegals, accountants, or anyone else. Only items that can be proven false or out of date can be removed from credit reports.

3) Suggesting Illegal Actions

Any company that suggests you apply for a new social insurance number or name change is a fraud. Doing so is illegal. These companies are not only breaking the law, they are suggesting you do to!

4) Free Credit Report Frauds

September 2006 marks the one year anniversary of a new program that was mandated by Congress through the Fair and Accurate Credit Transactions Act of 2003. This program was phased in across the country, and as of last September, every area was entitled to free credit reports from the three Consumer Reporting Agencies annually.