A new and clean credit file

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Credit Repair Scam: We can get you a new, clean credit file. Ya right, not legally. Some firms will try to get customers to apply for a new taxpayer identification number or Employer Identification Number (also called an EIN) for the purpose of building a new credit history. This is a big felony and you can go to jail for this. Credit repair.

But people get taken because con artists who don’t explain the whole scheme, so consumers don’t realize what they are being asked to do can land them in the big house just for trying to repair their credit. Assuming of course that consumers may not know that getting a new number to create a new credit history is illegal. And the whole concept is based on faulty reasoning. Since the new file will list the same name and address, it would still have all the same information and history, even with a new number. Credit repair.

Credit repair: Beware if anyone talks about getting you a new credit file, file segregation or a fresh credit history. Long story short, this is a big credit repair scam.

Credit Repair Business Opportunity

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Credit Repair: The average American currently carries at least $2,000 dollars in debt and with late payments, bankruptcies and identity theft are destroying the majority of the peoples credit in this country. Some creditors enjoy bullying and intimidating consumers causing even more damage. All these credit-related issues make people seek out a credit repair companies to help them get things back on track. And now that as a nation were on the upward slope again, these individuals are going to be running toward credit repair. This is creating an environment in which the credit repair business as an opportunity has never been better. To get into the credit repair business click on the following link ” credit repair business “and see all that the credit repair business opportunity has to offer in these changing economic times.

Times are changing, credit repair or credit deletion, what ever you want to call it these days its coming up and coming up fast as a business opportunity so keep an eye out, or you’ll miss it.

The creditor scam

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Credit Repair Scams: The old we can convince the creditor that you don’t really owe this debt scam has been around for years. But when you’re credits hurting and it seems like there’s nothing you can do… people will believe just about anything.

What you should know about this particular Credit repair scam is it’s along the same line as people who claim that the Internal Revenue Service is illegal or challenge the validity of U.S. currency (in other words credit crazy). The way it works is similar to the previous scam (“The In” with credit bureaus scam). Con artists will come up with a scheme to have you challenge the debt or they will bombard the debt holder with procedural requests that will supposedly make them drop the claim, Federal agencies have described these schemes as bogus.

“There are times when consumers do have defenses to debt.” And that’s when it’s time to bring in a lawyer. Credit Repair.

Credit Repair Business Software

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Credit repair business: with the downward spiral of the American economy and its inevitable rebound approaching many entrepreneurs look toward what people will need once things start looking up. More and more people are looking to credit repair because of its obvious need for someone coming back from hard times.

There are many credit repair software’s and credit repair systems that are offered today that could help;

DisputeSuite offers their users the tools needed to start, run and manage their very own credit repair business with; customer management, credit report management, dispute letter automation, dispute letter library, sales management, customer portal and many other features.

Credit-Aid is more for end users and not really credit repair businesses but they do offer a guarantee to increase your credit score or your money back! It works faster than any other method. Order free credit reports, remove errors, dispute negative items with removal letters written by attorneys, negotiate with creditors and keep organized. Repairs credit for 3 family members, includes Lifetime User-License, ID Theft Rescue, Credit Secrets Ebook & more.

Credit Repair Software works much the same way it allows you to manage all your customers, create dispute letters, Automate you work – saving you loads time, keep accurate records of which accounts have been disputed and when, maintain payment records, and LOTS MORE!

“The In” with credit bureaus scam

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Credit Repair Scams: We have an in with the credit bureaus, speak their language or know some super-secret regulation or handshake that will make them delete the unflattering citations from your file. What you should know is there is no such thing as “an in with the credit bureaus”.

The bureau may list the debt as disputed while it investigates. Debts may disappear during the short investigation (after which they will return), and the company will show this temporary “clean” report to collect its fee, she says.

Some companies take the money and run. Others will deluge the credit bureaus with frivolous disputes of the debts in your file, says Linda Sherry, director of national priorities for Consumer Action.

Or, if the bureau realizes what the company is doing, it may simply ignore what it recognizes as bogus requests, says Joe Ridout, of Consumer Action. Credit Repair.

In addition, the Credit Repair Organizations Act prohibits any company from taking money until after it does what it promised. So if anyone is trying to bypass that federal law (or banking on the fact that you don’t know about it) by getting you to send, charge or wire money, that’s a bad sign. “The crooks always ask for money upfront.” Credit Repair.