The CROA works to protect consumers from dishonest credit repair organizations. The law sets out clear regulations for companies offering paid credit repair services. It prohibits certain unfair or misleading practices and requires companies to protect consumers’ rights. As a leading credit repair entity, we operate in complete adherence to all the prevailing credit repair laws and regulations. We’re fully transparent in our practices, bolstering your trust in us. When you turn to us for help with your credit reports, you can have absolute confidence that you’re getting credit repair services in Los Angeles.

Why Is It Important To Check Your Credit Report

If you have late payments, they will stay on your record for seven years from the original delinquency date. However, the impact on your score depends on how late you were. For example, a 30-day late payment will hurt your score less than a 60-day late payment. Also, as creditrepair goes by, the late payment’s impact on your credit score lessens, especially if you continue paying your bills on time.

Pay Off Any Outstanding Debts

The CFPB reached a legal agreement with Lexington Law, Credit Repair.com, and their parent companies. The company engaged unfair acts and practices in violation of the Consumer Financial Protection Act of 2010 and the Telemarketing Sales Rule. If someone is giving you a credit repair estimate that seems too expensive or unrealistic, it’s probably not going to be worth it.

Depending on your current score and credit circumstances, fixing your credit this is still a lengthy process due to the allotted response times given under law to creditors and credit companies. Many companies offer ongoing credit monitoring as part of their services. This feature alerts you to any new negative items that appear on your credit report, allowing you to address them promptly and prevent further damage to your credit score. It’s crucial to remember that while credit repair companies can dispute inaccuracies, they cannot remove accurate negative information.

Choosing The Best Credit Repair Companies

To protect yourself from identity theft, request credit information only from reputable sources. My counselor helped me prioritize my expenses and informed me of options to handle my debt. Your work and business vision have changed the trajectory of my life.