EXPLORE

The data that’s gathered for credit reports comes from a variety of places. Some of it today is automated. That complexity has led to plenty of room for errors. That’s when credit repair professionals come in. They answer all consumer questions and walk consumers through the next steps and possible solutions.

Anyone can be impacted by bad credit, and it can follow them around for years if it isn’t addressed. Credit repair and credit counseling services are both valid options for individuals with credit issues, but these services are fairly different.

Many Americans are struggling with thousands of dollars’ worth of debt due to things like mortgages, car loans, student loans, credit cards and other types of personal debt.

No matter what kind of financial situation you’re in, it’s essential to understand that credit privacy numbers are a scam—not a solution.

As a consumer in the United States, you have rights when it comes to debt collection. Collection agencies and other types of third-party debt collectors must follow certain rules outlined by the government.

From inflated advertising claims to illegal payment plans, credit repair scams can be tricky to spot. Consumers need to know what to watch out for so they can protect themselves when seeking credit repair help.

There are many different kinds of negative items that can be on credit reports, from hard inquiries to bankruptcies. Consumers should try to avoid negative items if they can, but doing so isn’t always possible.

According to the Federal Trade Commission, around 20% of people have at least one inaccurate item on their credit reports. It’s actually easier than most people realize for errors to appear on credit reports. Address changes, similar family names and clerical errors are all common reasons for inaccuracies to occur. Fortunately, you can take steps to address any errors you find on your credit reports.