Unfortunately for most of my adult life my credit health was very poor. I was introduced to Credit Express through a friend that used the service, and decided it was time to get my credit back on track. I am very happy with the decision I made, and would highly recommend Credit Express to anyone that needs help with their credit. They are very professional and patient, and made me feel like I was their number one focus, which was very much appreciated. Since starting with Credit Express services, I've been approved for top level credit cards and a car loan with a very low APR.
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D0 you have really bad credit?
Credit Express is a fully operating credit firm. We not only offer tradelines, but we offer a full credit restoration program including consulting and disputing. In accordance and full compliance with croa (credit repair organization act), credit express will disclose any and all necessary information to our clients to insure a safe, secure and legal client / credit consultant relationship. Credit Express will provide this disclosure information below. Please be sure to read and confirm all of the information below.
What is the Credit Repair Organizations Act?
Title passed to ensure that prospective buyers of the services of credit repair organizations are provided with the information necessary to make an informed decision regarding the purchase of such services; and to protect the public from unfair or deceptive advertising and business practices by credit repair organizations.
Signed into law in September of 1996, the Credit Repair Organizations Act (CROA) was passed to help regulate the credit repair industry in order to protect you from the unscrupulous practices common to a credit repair scam.
The credit repair industry had come under heavy fire from legislators and the media because of a number of credit repair clinics who were taking advantage of consumers desperate for a solution to their bad credit. Instead of passing anti-credit repair legislation that would ban fraudulent and legitimate credit repair services alike, Congress passed CROA.
As a result of CROA, credit repair organizations are not permitted to misrepresent the services they provide to you including guaranteeing the removal of negative credit listings. Credit repair organizations are also not permitted to attempt to create a "new" credit file or advise you to lie about your credit history. Finally, credit repair companies are not permitted to accept payment until services have been performed. That's why credit express will charge a one time set up of $110 to get all of your account information put together and give you a thorough credit analysis of your current situation. From that point, you will only be billed monthly at $99.— i.e., for legal interventions previously dispatched.( Ask about our Month to Month disputing as well.)
In addition to defining prohibited practices, CROA also states that credit repair organizations must present you with a properly constructed credit repair contract, ( signing up on our website), must allow you to cancel service within three days of signing the contract with any penalty or obligation (only half of the set up fee will be refunded if canceled before 3 days), and must provide you with a disclosure statement titled "Consumer Credit File Rights Under State and Federal Law" that informs you of your rights to order your credit reports, dispute the accuracy of the information in your credit reports yourself, and to sue a credit repair organization that violates CROA.
Avoiding Credit Repair Scams
FTC & Credit Repair
Fraudulent credit repair organizations have long been the target of FTC investigations. Here are ways to avoid unethical credit repair companies:
Beware of credit repair services that request fees in advance
At credit express, you pay only after services have been rendered.
Beware of credit repair services that don't disclose your rights
Consumers have the right to attempt credit repair on their own. Credit Express offers its legal services to those clients who prefer having legal professionals help them manage their credit concerns and creditor interventions. The Fair Credit Reporting Act outlines your rights as a consumer in this regard.
Beware of credit repair services that advocate "new" identities
It is potentially unlawful to create a "new" identity by applying for an Employer Identification Number (EIN) to replace ones Social Security Number. File segregation, i.e. establishing a new credit report with a falsified social security number, is a serious crime that can result in fines or imprisonment.
Beware of credit repair firms that misrepresent their expertise
It is unethical for credit repair companies to claim that they will remove items from your credit reports. The truth is that only data furnishers or credit bureaus themselves can make such changes. For decades, Lexington Law Firm has helped its clients to direct the right questions about their credit to the appropriate recipients. As a result, significant credit report revisions have often followed.
Beware of companies that imply FTC endorsement
The FTC does not endorse any business. If a credit repair organization implies FTC endorsement, proceed with caution.