Another known warning from the Federal Trade Commission about fraudulent credit repair companies is that credit repair businesses should always openly disclose consumer rights. Beware any company who fails to do so openly and freely. Credit Repair 1st simply offers credit repair advice to the consumers who want to leave their mess at the hands of the professionals. Every consumer possesses the right to try to repair their own bad credit or debt themselves.
In light of their investigations, the Federal Trade Commission offers many warnings and guidelines to consumers and organizations seeking help in their financial crises. Any credit repair company wanting fees paid in advance should trigger a red flag in the mind of the consumer.
A second common warning from the FTC regarding fraudulent credit repair services is as follows: credit repair companies should always disclose consumer rights freely and up front, so watch out for ones that credit repair1st, simply offers legal advice to the companies and consumers who want to leave their mess at the hands of professionals. Every consumer or company has the right to attempt to repair debt or bad credit on their own.
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Credit repair1st is a company that offers financial services such as consulting, credit repair and debt settlement. These services are offered to a wide range of clients from large corporations and mortgage companies to individual consumers. Credit repair maintains a high credibility reputation as having a realistic approach and is known in the financial world for improving credit scores, diminishing large debt to manageable sums and establishing new credit. It also provides the bottom line? Credit repair provide services that work.
Getting approved for a loan can be scary. There are so many different offers out there and no way of knowing what is best for you. Our credit experts are here to help you find out what is available to you and help you determine your best options.
We are in contact with some of the best lenders in the country and we can help you refinance your high interest loans, obtain new auto or home loan or apply for credit cards. Don?t settle for high interest rates; let us help you get the low interest rates you deserve!
Lastly, consumers, corporations and business owners trying to repair their credit should be on the lookout for services that misrepresent their work experience. Many firms will state their years of experience based on the collective of the attorneys working there.
Source: http://authorarticle.com/finance/beware-of-credit-repair-services-that-dont-disclose-your-rights/
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