Credit-repair firms often don’t deliver what they promise
WASHINGTON — With foreclosures, short sales and credit-card defaults at record levels, an aggressive breed of firms has sprung up offering to power-wash consumers’ damaged credit files and boost their credit scores — thereby eliminating records of bankruptcies and mortgage delinquencies, even when the information is accurate.
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Related Topics:
Business, Consumer Protection, Real Estate, Personal Finance, Consumer Credit and Debt, Personal Credit Ratings, Foreclosures
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