Red flags when choosing a credit repair service
Most people are not aware of it, but maintain a good credit score is very important. However, you may find that you already ruined your credit score, and you are only left with the option of having it repaired. When looking for a credit repair service, you have to keep it in mind that not all service providers are legit. This article has outlined some red flags that should help you in identifying a credit service provider that’s not legit.
- Request for complete upfront payments
It is a standard procedure to have you pay for the credit repair service after you have received the service. A good credit repair company will only charge you a certain percentage of the total fee as a deposit and then ask you to pay the rest after they offer the service to you. If you find a company that demands the entire payment in advance, that should indicate to you that they are not confident of offering good services.
- Unsolicited email offers
Any company that upholds ethics will not send you emails that you have not subscribed to. If you find a credit repair service provider that sends you emails with offers without your authorization, that should show you that they are an unscrupulous company. It is important to note that building a good credit starts with working with a professional credit repair company.
- Requesting that you work without a contract
Most people that are scammed when getting credit repair service could have avoided the agony had they requested for a contract. You should understand that fraudulent companies will request that you work with them without having any contract that legally protects you. Once you notice that a company does not offer a contract, desist, and find another company that does.