Why The FTC Warns, “Do It Yourself” For Credit Repair

Posted: 09/18/2009 by Debt Warriors! in Debt Management
Tags: , , , , ,
The fraud and abusive practices of  ”do it for you” Credit Repair Organizations, is so horrible that the Federal Government has had to amend The Consumer Credit Protection Act.

“Self-Help (Is) The Best” :)

Credit Repair is in your hands

Credit Repair is in your hands

Debt Warriors  agree with the Better Business Bureau and the Federal Trade Commission.  We belive that “self-help” is best for Credit Repair”.

True Confession Of A Whistle-blower

I resigned from a “do it for you”  debt elimination company.  I saw, first hand how client files just sat, untouched – sometimes  for months.

The company didn’t  contact many of the client’s creditors.  The result was the client’s credit card accounts  collected dust, interest and fee’s.   Client’s Credit Score became scarred with negative items.

Dirty Little Credit Repair Service  Secrets

There are many Rights regarding Credit Repair that backed by Law.  Every  Consumer should know what Credit Repair Companies will never tell them.

  • Many ” do it for you” Credit Repair companies don’t do much for Consumers .
  • Many  people can repair their Credit – for themselves.
  • Many Consumers are mis-informed regarding their  Rights with Credit Repair.

Discover how to repair your Credit for yourself!

Discover how to repair your Credit for yourself!

Credit Repair Is A Process

Credit Repair is a part of the Credit Management process.  Nobody can repair their Credit better than the Consumer.  That is why the FTC and The BBB recommend “self-help”.

We Agree with the FTC and BBB

Debt Warriors, don’t provide Credit Repair Services to anyone. Instead we provide the  secret intelligence of “do it yourself” (DIY) Credit Repair.
“DIY Credit Repair”  is a better value than any other because;  it allows the Consumer the ability to safely repair their Credit – for themselves :)


Comments
  1. [...] What Does The FTC Think About Debt Management? « The War On Debt Blog What Does The FTC Think About Debt Management? « The War On Debt Blog [...]

  2. kristinpolet says:

    Do you have any data on how much of the personal debt market is DIY? We get a lot of questions about debt and credit repair at experts123.com and it would be helpful to steer people in that direction or at least offer it as an alternative.

    K.

  3. Hey Kristin, I would say about 5- 10% of the Debt Management market is considering DIY. Hope this helps. Thanks for stopping by. J. Ford

  4. [...] Why The FTC Warns, “Do It Yourself” For Credit Repair [...]

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