There is too much argument related to the credit repair business to just ignore it. The fact is, the reason that people who could benefit from the services of a credit repair professional but do not do so, is the shady reputation this industry has gathered in the recent past.
Nevertheless it's not true that all credit repair companies are scammers. There are lots of reputable companies out there prepared to make their best effort to repair your credit score and credit report. But that leaves one with the problem of how to identify the reputable companies and how to stay safe from the traps the fraudulent credit repair business agents lay for you.
In spite of commonly held belief, recognizing a less-than-reputable credit repair business is simple. The first warning sign is when any such company purports to fix your credit score overnight
Because your credit history was formed over the span of many years, it's unrealistic to expect to fix your credit in a matter of a few weeks. If you hear a credit repair business tells you they can perform what you know is not possible, you need to back off, as they are definitely not a trustworthy company!
There are other simple telltale signs that will point out a fraudulent company in no time. The dishonest agency, in most cases, will require full payment upfront.
It is illegal for a credit repair company to charge the fees before rendering any services. No matter how desperate you are to have your credit fixed, do not pay their fees in full upfront.
A scam credit repair business will not hesitate to go outside the law to fix someone's credit. They will even counsel you to use illegal methods and tell you it's all right to do so, as they know an "insider" who works for the credit bureaus who can cover up for them and you.
Never fall prey to lies of this nature! Don't ever accept any type of intervention to improve you credit score unless it's 100 percent legal. Regardless of how desperate your problems are, they will be made even worse if you're caught using illegal means to relieve them.
You are primarily responsible when your credit report is repaired through illegal means; thus you could end up being prosecuted if caught using illegal means. In the end, it's just not worth the trouble!
An additional way to discover whether or not the credit repair business you chose is "for real", is to ask that they guide you in learning about repairing credit. A reputable agency will gladly give you guidance and advice (and possibly some "hand holding") in your endeavor to become more knowledgeable in regard to how to fix credit.
A trustworthy business will take the role of a facilitator, while a dishonest agency will be resentful and wary about sharing information in regard to repairing your credit.