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Debt
Repair Clinics
Simply put, there is nothing any debt repair
clinic or service can do for you that you can not do yourself. However many times, a person may turn to a debt repair professional because of time, or not enough knowledge about the system.
Unlike most credit repair agencies, Debt Solutions, Recovery, & Repair matches you with a debt repair professional who will discuss with you your needs and will try to work with your creditors to get a lower interest rate or your monthly payments reduced. The quote for a debt repair analysis is FREE. Take advantage of it today.
Most debt repair services are expensive and many are deceptive
or fraudulent. Countless complaints have been filed against
debt repair services, many of which will take a consumers
money today and go out of business tomorrow not having delivered
any real service. When they offer evidence of their service,
it is usually in the form of a credit report pulled while many
items are under dispute. Typically, a credit report service
will dispute all negative remarks on the credit report, whether
they are correct or not. For a few weeks, while those disputed
items are being investigated, a credit report might look very
good. The problem is that within a short time, all of the verifiable
notations return.
Even if a lawyer was running the debt repair clinic, he or she would have
to proceed through the system for disputing errors established
by the Fair Credit Reporting Act. A lawyer might know more readily
if a certain creditor is acting illegally of if legal action
is necessary but legal action probably wouldn't be taken unless
all other attempts to delete an error were taken. You, by proceeding
through the steps involved in dispute and documenting all your
steps, will save thousands of dollars in legal fees. If legal
action is ultimately required, which is extremely rare, all
any lawyer would need would be your documentation.
All that a legitimate debt repair clinic can offer you, you will
find on our website.
Don't fall for file segregation. Other unscrupulous credit-repair
scams suggest that you set up a separate credit file by applying
for an EIN or Employer Identification Number, which looks like
a social security number. This number is used by employers for
tax purposes. They will suggest that you use this number in
lieu of you social security number and they claim that this
practice is legal.
It is illegal to misrepresent your social security number. If
you apply for credit using the EIN instead of your social security
number, you are committing a crime. If you send your application
through the mail or make your application by phone, you are
adding phone or mail fraud to your rap sheet. Don't fall for
it. |
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Debt Solutions, Recovery, & Repair
webmaster@debt-repair-solutions-recovery.com
The best
debt resources anywhere on the web!
Copyright 2002 Debt Solutions, Recovery, & Repair
All rights reserved.
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