Do I Need A Bankruptcy Lawyer? By Jane Andrews/Steven When filling for bankruptcy, it is advisable to engage a bankruptcy lawyer as this would shorten your process considerably. The changes in law means that filing for a bankruptcy can be extremely time Read more...
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5 Tips For Avoiding Credit Repair Service Scams By Richard Lakin If you are looking to repair your credit, there are a few things you need to know. It won't happen overnight; no matter how many times people try to convince you otherwise with their services. If you have poor credit, then chances are you have been contacted by some group who makes huge promises about fixing your credit. These repair services are bad news, though. Here are five ways to tell if a scam repair service is trying to make you their victim.
An Advanced Results Guarantee
Avoid any advanced results guaranteed by the company which doesn't bother to look at your unique situation before it offers you that guarantee. Simply put, these are the people who will tell you whatever it is that you want to hear and then run off with your money in the end. It may be pleasant to hear the good tidings from a repair service but you just cannot decide on such services that make a grand promise with nothing to back it up. Often this is a warning sign that a company is not as legitimate as it may have seemed at first.
Requires a Large Up-Front Payment
If the organization wants money before they help you, then you should cautious about their true intentions. This is particularly true if you are asked for a large upfront payment before they will begin to work for you as a repair service. Even though it's not nice to think about, there are some others who are trying to scam you. Great damage to your rating can be done under the veil of repairing if you allow it to happen. Consult other repair help options before you spend a huge amount of money up
front utilizing a scam repair service.
Tip No. 3 - Requesting to Change Your Identification Numbers
If a repair service offers to give you a brand new identity by changing identification numbers, then you can be certain they are scamming you since this is illegal in all states. Such a company may try to offer you a new social security or tax identification number. A person can face a lot of problems if he tampers with those types of numbers.
Tip No. 4 - Spamming You
Most reputable repair firms will not advertise by sending out spam emails. If you are checking out a service as a result of some spam that you got in your inbox, then there is a good chance that the company is a little bit less than reputable. Try to stick with a repair service that does their marketing in a more traditional way, as these firms are much more likely to end up providing a legitimate service to you.
Use your Common Sense
You should feel good about getting help so if you are nervous then there is probably a good reason for your feelings. This decision is no different than your other financial decisions, all of which should be made with common sense. By now you should be aware of the looks of a legitimate business and a scam. If you sense something is wrong or "off" when dealing with a certain company, it is best to look elsewhere.
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