Analyze credit repair service terms for illegal upfront fees, false promises, and what they legally can—and can't—do for you.
The Credit Repair Organizations Act prohibits certain practices. Know what's legal before signing up.
Under federal law, credit repair companies cannot charge fees before services are fully performed. Charging before work is done is illegal.
No one can guarantee to remove accurate negative items. Promises to "delete" valid debts or raise scores by specific points are deceptive.
Federal law gives you 3 days to cancel without penalty. Any contract that waives this right is illegal.
Creating a "new credit identity" with a CPN (Credit Privacy Number) or EIN is federal fraud. Legitimate services never suggest this.
Monthly subscription model can cost $100+/month for work you could do free yourself. Total cost can reach $1,000+ over time.
Many only dispute items—the same free process you can do yourself. They can't remove accurate information, only errors.
Paste the service agreement to identify illegal or questionable terms.