What a Credit Repair Agency Cannot Do

| June 17, 2011 | 0 Comments
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There are many things that a credit repair agency can help you out with. It can help you to improve your credit score and get different errors and problems on your credit report fixed. However, there are some things that credit repair agency will not be able to do.

First, you will need to understand that a credit repair agency cannot guarantee that the services that it will work with are going to be successful. The problem is that some creditors are not going to agree to get certain problems fixed. The same can also happen with individual credit reporting bureaus. You should be aware of this if you want to get a credit repair agency to work for you.

The next point involves the claims that credit repair agency can handle. All details on the services that an agency can handle must be listed accurately. This information can be listed in accordance with the Credit Repair Organizations Act. A credit repair agency cannot report any of the things that it can do in a false manner.

Another thing to do for credit repair is to see that an agency will allow you to have some time to consider the plans that you are going to use for credit repair. An agency cannot get your services handled as soon as you agree to a contract. The agency will instead have to wait three days. You will have the right to cancel your contract and get a refund within those three days if you change your mind about services. In short, an agency cannot just take your money and go with it right away.

An agency cannot charge you for anything that it has not done. It must work towards getting your credit problems fixed before you can ever be charged for anything.

Finally, an agency must not try to hide your rights. You must make sure that the agency tells you what you can do for credit repair needs. This is so you can get into a realistic strategy with your credit repair agency.

These are all things that a credit repair agency must deal with. The agency must deal with many restrictions with regards to what it can and cannot do. The limits on what an agency can do are placed as a means of making it so you will be treated fairly and without too many risks involved in your credit repair plan.

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Category: Blog, Collection Agencies

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