Should You Use a Credit Repair Service?
Some even claim to be able to remove bankruptcies or other judgments from your credit file forever.
The truth is - credit repair services don't have access to any secret strategies or loopholes. They can only dispute charges the exact same way consumers can as outlined in the Fair Credit Reporting Act. (See: How to Fix Errors in Your Credit Report.
The true purpose of a credit repair service is to simply save you time. Rather than doing it yourself, they will dispute the errors on your behalf.
Most consumers - and especially those with bad credit - should save money and just file error disputes themselves. The process is not that difficult.
Credit protection and credit repair scams are one of the top complaints reported to the FTC so you need to be very careful using one if you want to go that route.
Stay away from credit repair services that makes outrageous claims and guarantees.
Remember - there is no easy way to remove negative information from your credit history - unless it is a true error, in which case you can just easily do it yourself.
My Recommendation for Car ShoppersTrueCar No-Haggle, Edmunds Price Promise and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.