My Credit Group Reports that Credit Repair Does Not Work
SAN DIEGO, Calif., Jan. 30 (SEND2PRESS NEWSWIRE) — The current economic environment has resulted in the emergence of thousands of so called credit repair companies that seek to take advantage of anxious consumers who have false hopes of repairing their credit rating. My Credit Group Inc., which provides professional credit optimization services, warns consumers to beware.
Most of these credit repair organizations simply send the same dispute letter over and over to credit bureaus disputing everything negative on a consumer’s report. This tactic attempts to overwhelm the credit bureaus so they will fail to verify the validity of the debt; whether the debt is legal or not.
My Credit Group reports that accurate items cannot be removed and people should not waste their time or money on a credit repair company.
Additionally, removing negative items is a small piece of the credit-scoring puzzle. Even if they could be removed, it would have [...]
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