Warning Signs of a Credit Repair Scam

I just spoke with Parkview Legal who put my credit score at more than 100 points less than what I have. I had to pay them $60 to pull my credit report, of which they promised me a copy. I never received my copy. They used this low credit score to tell me how horrible my credit report was and how only they could fix it for $500 to start and $89.95 per month; and it would only take 12-18 months. That is over $2000. When I decided not to go forward, they badgered me and told "I was looking for an easy way out." I told them I was a single mom more worried about buying groceries than a $60 credit report (which I still do not have). Only after I insisted that I would not use their services, was I able to get off the phone, with a promise that I would have my copy of my credit report within 5 minutes. Again, I still do not have my alleged credit report and have had $60 taken for nothing. Do NOT trust these people. They are very considerate and friendly, but it is just a trick!

A common trademark of a credit repair scam is to con you into paying all the money right away so that by the time you realize you are being taken for a ride, they already have what they want. This is why the federal Credit Repair Organizations Act actually forbids credit repair companies from accepting payment for a service before it has been performed. So if someone wants a bunch of money before they will even start working on your credit, run the other way.

Just got off the phone with Park View Credit.. They were very rude and ended up hanging up on me. They wanted 60 dollars so they could pull my credit report.. Told me I could not qualify for a loan with out them.. The are a scam company.. They can not remove anything from your credit report.. don't pay them a dime..

So far, dealing with Park View Legal/Law, the free consultation cost $59.95. Without looking at my history, another $199.99 was asked with promise that original money would be added to the total. Then, another installment was to be deducted from SSD check of $175.

So, your credit is so messed up you think there is no way you can get a loan. Maybe you filed for bankruptcy or maybe your home was repossessed. Some credit repair scammers will claim to have the perfect solution for you. They say they can trick the credit bureaus into creating a brand new credit report with none of that bad stuff on it. And they may even be able to do it. But here's the kicker and the thing they certainly won't tell you - it's illegal. You may have a new credit report, but if you try to use it you could end up in jail.

Ask anyone who knows anything about credit repair and they will all tell you the same thing, there is nothing a credit repair company can do for you that you cannot do yourself. The only reason people use a credit repair company is that they don't want to do the work themselves. Anyone who tells you they have some super secret system that nobody else knows about (secret computer program, contacts within the credit bureaus, knowledge of a hidden backdoor, etc.), is lying to you face. A credit repair company may have more experience and may be better at performing credit repair than you are, but if they say they can do something you can't, don't believe them

the way is Only Accepting Cash then forcing them to hand you over Money, no, it's a Scam, those Scammers need to tell anyone what they are doing, how many People got Scammed by them who posts fake repair signs on the side of the road and asking them they want free money then scamming them, nope, it's a scam.

What better way to scam someone than to force them to make an untraceable, unreverseable cash payment. It's amazing how many people get suckered by a credit repair scammer who posts signs by the side of the road and then meets you in a parking lot to get your cash payment. At any other time, you'd know better so don't let your desperation for a good credit score cloud your judgement.

It's your credit report so you should know exactly what is being done to fix it. If a credit repair company isn't willing to tell you how their credit repair service works or seems to be avoiding your questions, be wary. If a credit repair company responds to your questions with "just trust us", don't.

Any reputable credit repair company is going to have a physical location where the work to repair your credit is performed, even if it is just someone's home. If you find a credit repair company that doesn't, or isn't willing to tell you what it is, assume they have something to hide.

This is a little bit if a grey area because a lot of credit repair companies have refund policies where if they don't delete a certain number of negative items from your credit reports. you can your money back. But what you have to be careful of is a credit repair company that promises to be able to delete a bankruptcy, collection, late payment, repossession, etc. regardless of whether or not that listing is correct. The truth is that no credit repair company knows for sure whether or not they can delete something from your credit report because it is up to the credit bureaus whether or not something gets removed. They can do everything in their power and even start filing lawsuits, but even then, they may not win.

You can repair your credit on your own. Anything a credit repair company can do for you, you can do yourself. Watch out for any credit repair company who claims otherwise.

When you file for bankruptcy, it becomes public record. Credit repair scammers monitor these records and try to get people when they are at this low point in their lives. They'll tell you that there is no way you can get credit for 10 years because of the bankruptcy on your credit report and then they will claim to be able to delete the bankruptcy or get you a new credit report. Don't believe them. They're just trying to take money from people who can't afford to lose it.