Booth and Associates
|Address||1708 Pleasure House Road|
Credit problems? Creditors harrassing you everyday? Thinking about trying out a Credit repair organization? (CROs) Be very very careful! The typical claims of shady credit repair organizations (CROs) which often victimize unwary consumers – usually, the most vulnerable consumers who are struggling with bankruptcy or have had problems rebuilding damaged credit reports and credit scores are often too good to be true. These companies promise, for a fee, to clean up your credit report so you can get a loan, a mortgage, insurance, or even a job.
Dealing with Credit Repair Agencies
Generally, they can’t deliver. After you pay them hundreds of dollars in fees, these companies do nothing to improve your credit – most simply vanish with your money. And the opposite of improving your credit, you may end up deeper in debt and see your credit score actually get worse.
Know Your Rights as a Consumer
As a consumer you have rights, and there are laws set to protect you from creditors who will try many different ways to try and force you to pay extra fees on your debt, and upset your day to day living with their harrassing calls. Know the rules debt collectors must follow. If you think a debt collector has violated any of these laws, contact an attorney. You may be able to sue them and collect damages.