If you have fallen behind on your bills and are facing collection notices, the temptation to see a so-called credit repair specialist may have crossed your mind. These individuals or agencies often charge a hefty price to provide the same services you can do on your own at no cost. Better Business Bureau Investigator Bill Smith says they are not to be trusted.
He says the number of complaints to the BBB about credit repair scams has increased more than six-fold since 2006. While the authorities have been active in pursuing violators of the law, the companies will continue to exist as long as there are people who will pay them to perform what many consider to be an impossible task of performing a quick fix to one's credit. You can find a link to a new report on the subject by clicking on this link at AltonDailyNews.com.