Certain Credit Repair Law Firms, Attorneys or Non-Profits May Be Rip-Offs or Scams, in Our Opinion
You Need to Read this Because We Expose Why...
PLEASE BE ADVISED that our professional credit restoration service, or the Do-It-Yourself credit repair software we offer, may be one of the MOST-PRODUCTIVE and about 50% FASTER credit restoration programs in the United States developed after years of experience. The software we offer may be able to fix your credit and boost your score in less time than a "law firm" and for far less money!
Did you know, the Federal Trade Commission (FTC) under a federal law called the Credit Repair Organizations Act regulates credit repair agencies (just as any other business is regulated)? This law DOES NOT say that credit repair is illegal. This law states what credit repair businesses can and cannot do. Here's something YOU SHOULD KNOW under Section 404 (b) PROHIBITED PRACTICES of the aforementioned law:
(b) Payment in Advance.--No credit repair organization may charge or receive any money or other valuable consideration for the performance of any service which the credit repair organization has agreed to perform for any consumer before such service is fully performed.
It clearly states: NO money upfront. So why do most other credit repair clinics or "law firms" charge any fee in advanceBEFORE they perform any service at all? According to the U.S. Government, as stated above, THAT IS ILLEGAL.
IRS vs. Non-Profit Credit Counseling Warning!
IRS Takes New Steps on Non-Profit Credit Counseling Groups Following Widespread Abuse
May 15, 2006
The IRS announced on May 15, 2006 that over the past two years, the IRS has been auditing 63 non-profit credit counseling agencies, representing more than half of the revenue in the industry. To date, the audits of 41 organizations, representing more than 40 percent of the revenue in the industry, have been completed. All of the completed audits have resulted in revocation, proposed revocation or other termination of tax-exempt status.
"Over a period of years, tax-exempt credit counseling became a big business dominated by bad actors," said IRS Commissioner Mark W. Everson.
"We are taking the unprecedented step of contacting every known organization in the tax-exempt credit counseling world to determine if there are further problems. And we are issuing guidance to assist those smaller organizations who do play it straight and want to continue to stay on the right side of the law." Everson said.
In addition, the IRS has tightened up its review of new applications by credit counseling firms for tax-exempt status. Since 2003, about 100 applications have been reviewed, but only three have been approved.
THINK ABOUT IT... if you are a consumer who has 10 incomplete, inaccurate, unverifiable, unfair or obsolete items on your profile, would you only dispute/challenge 1 of those items? No. You'd be extremely upset... you'd prepare dispute/challenge letters... notify the bureaus... and you'd want all 10 removed as guaranteed by law -- not just 1 item. The key here is that you're an upset consumer who demands immediate, rapid resolution -- that is what the consumer reporting agencies expect.
If they see a pattern that you're disputing / challenging only one or two accounts every other month or so, the bureaus may feel you are not acting like a "normal" consumer. The bureaus think that you may be attempting to "fix your own credit" or using a "credit repair organization" (which is legal), and will put up ROAD BLOCKS to DETER & INTIMIDATE you from proceeding (which may be illegal). They WRONGFULLY & WILLFULLY react like this because cleaning-up credit reports COSTS THEM TIME & MONEY.
An ADDITIONAL POINT is that most of those credit clean-up companies or firms have the CLIENT DO MOST OF THE WORK by having them complete their own dispute letters online, then the "law firm" simply mails them for the client!
Another IMPORTANT POINT is that a REAL attorney receives years of education and training.
Do you think a LEGITIMATELAWYER, or any EXPERIENCED professional, is going to charge you only $29 - $79/month, and you're going to expect EFFICIENT, QUALITY legal service?
WARNING:You get what you pay for -- if you go with cheap plans, you get cheap service (and maybe illegal!).
You could pay their monthly "memberships" for 12 months, 18 months, 24 months or more -- some call it "lifetime membership"! When do they expect your credit to be fixed? Do they really want to provide prompt credit repair processing? If they did, then they lose the monthly income from you. To them, this would not make any financial sense at all. They may delay any processing as long as possible; however, CREDITedit, LLC is committed to offering you the FASTEST, EMERGENCY CREDIT RESTORATION SERVICE AVAILABLE.
FURTHERMORE, their "100% Money Back Guarantee" or "Refund Policy" -- usually you first must be enrolled with them for at least 12 months (after you paid them about $1,060.00) before you can even "request" any refund! Second, there's a complex calculation to "review" your request to see how much, IF ANY, money may be refunded. Basically, GOOD LUCK trying to enforce any true guarantee.
Those UNSCRUPULOUS "attorneys" or "paralegals" will attempt to string you along by getting only a single item (out of many inaccuracies) or just a credit inquiry removed, and call that credit restoration (this is a fact we've seen from some of our clients who initially used a "law firm"). You may have even seen websites "recommend" certain law firms; but you should know that those websites are owned & operated by those very same law firms -- they just do business under different names! THEY ACTUALLY RATE & RECOMMEND THEMSELVES in an attempt to fool you that you're reading an independent review or a "Top Ten List", when, in fact, you're not!
Those companies or law firms write their own reviews and "testimonials"
CREDITedit, LLC respects your intelligence and sincerely has your best interest in mind. We feel those "bad apples" give the credit restoration industry a bad name. That is why WE DO NOT CHARGE ANY ADVANCE FEE. We want to earn your business. We provide real service for you, with appreciation that you will refer others to us.
YOU MUST UNDERSTAND that TRUE, PROFESSIONAL CREDIT REPAIR is a S E R V I C E(pay an experienced professional to discuss your situation and preprare dispute/challenge letters on your behalf); and that NO ONE can GUARANTEE any particular outcome or credit rating improvement. However, the process can be as simple as pushing a button with an ultra-easy DIY solution, or a simple click to permit us to professionally manage the process.
If you use one of these so called "law firms" you may see poor, if any, results from the consumer reporting agencies. After a several long months, you will have realized you have wasted valuable time and money.
How do we know? Because we have serviced those other repair companies' disappointed clients! After waiting many months and receiving poor results, their clients canceled with them in order to register with our advanced and faster service. In fact,
We have been known to fix other credit repair companies' mistakes!
Don't fall for those INFERIOR MONTHLY PLANS by those law firms, or worthless e-books with useless information. Most of those places aren't really law firms at all. They are just a "group" of affiliated people acting as one. Most of those "affiliates" are nothing more than glorified sales people! They may masquerade themselves as "paralegals" or "legal assistants"; but we wouldn't call them "credit repair specialists" or bona fide "lawyers".
Our website alone, contains more FREE information that may QUICKLY BOOST YOUR SCORE quicker than some of those e-books or websites! Either SAVE UP for the REAL THING by using a credible & reputable credit restoration agency (such as CREDITedit, LLC), or use see our DIY page -- both are cost-effective, believable solutions.
You'll be amazed!
Your credit problem won't solve itself.
Get rid of your anxiety, and start living your life --
STOP searching, and start deciding now.
Below are 2 OPTIONS to to manage the credit repair process...
OPTION 1.) Do It Yourself credit repair SOFTWARE, download "Credit Repair Magic", or...
Important: The articles, illustrations, testimonials, and/or examples given in this website are in no way indicative of the actual changes you may experience by using CREDITedit, LLC. In keeping with the Fair Credit Reporting Act, CREDITedit will only prepare the dispute/challenge letters to contest certain incomplete, inaccurate, unverifiable, outdated, and/or erroneous items in your credit profile. No specific outcome is expressed, implied or promised, and your actual results may vary. Factors contributing to these variations can include new inquiries, opening new tradelines, the addition of new derogatory accounts, and fluctuating balances on existing revolving accounts. CREDITedit, LLC, as an affiliate, may receive a small commission on products/services it markets, and makes no guarantees/warranties regarding those products/services.
We take your privacy seriously. We do not spam nor will we sell, rent, or distribute your information to any third party unless you explicitly request us to do so. We do not encourage you to dispute known accurate credit items or engage in unethical behavior. The client experiences and information that may appear on this website are not intended to be legal advice; and past performance does not guarantee future results. Every person's case is unique, and individual results will vary; and CREDITedit, LLC does not guarantee any particular results within any given period of time. The services of CREDITedit, LLC and/or its affiliates may not be available in all states. CREDITedit, LLC is not a "debt adjuster", "debt consolidation service" and not a "non-profit consumer credit counseling agency".
CREDITedit, LLC VOLUNTARILY PROVIDES YOU WITH THIS DISCLOSURE
IT IS OUR INTENT TO PROVIDE CONSUMERS WITH THE RESOURCES IN ORDER TO HAVE THE CONSUMER REPORTING AGENCIES REPORT THE MOST FAIR, COMPLETE, ACCURATE AND VERIFIABLE CREDIT PROFILE OF A CONSUMER; THEREFORE, CREDITedit, LLC DOES NOT, NOR SHOULD ANYONE, CLAIM OR GUARANTEE TO IMPROVE ANY CREDIT REPORT BY PERMANENTLY REMOVING NEGATIVE INFORMATION, EVEN WHEN IT'S ACCURATE, CURRENT AND VERIFIABLE; CREDITedit, LLC DOES NOT, NOR SHOULD ANYONE, SUGGEST THAT YOU APPLY FOR AN EMPLOYER IDENTIFICATION NUMBER TO USE INSTEAD OF YOUR SOCIAL SECURITY NUMBER SO YOU CAN INVENT A "NEW" CREDIT IDENTITY -- AND THEN, A NEW CREDIT REPORT; THE BENEFITS OF USING CREDITedit, LLC SERVICES ARE AS FOLLOWS: DISCUSS HOW TO UTILIZE CERTAIN CONSUMER PROTECTION LAWS REGARDING YOUR CREDIT PROFILE, REDUCE JUNK MAIL VIA "OPT-OUT", "DO NOT CALL" REGISTRY, DOCUMENT PREPARATION IN ORDER TO DISPUTE/CHALLENGE CERTAIN CREDIT REPORT INFORMATION, AND/OR TO VERIFY OR VALIDATE ACCOUNTS WITH CREDITORS OR COLLECTION AGENCIES; CREDITedit, LLC DOES NOT, NOR SHOULD ANYONE, CLAIM OR GUARANTEE TO IMPROVE ANY CREDIT REPORT OR CREDIT SCORE, OR ANY ABILITY TO OBTAIN CREDIT; THE TOTAL COST OF CREDITedit, LLC SERVICES WILL BE $199 FOR AN INDIVIDUAL OR $299 FOR INDIVIDUAL WITH SPOUSE; YOU, THE CONSUMER, MAY CANCEL ANY AGREEMENT WITH CREDITedit, LLC AT ANY TIME PRIOR TO TWELVE (12) MIDNIGHT ON THE THIRD (3RD) DAY AFTER THE DATE OF THE TRANSACTION. DURING THIS 3-DAY "COOLING OFF" PERIOD, ANY MONEY YOU MAY HAVE PAID CREDITedit, LLC WILL BE RETURNED TO YOU. AFTER THIS NOTICE OF CANCELLATION PERIOD HAS LAPSED, ALL SALES ARE FINAL AND CREDITedit, LLC OFFERS NO REFUNDS.
THIS NOTICE IS REQUIRED BY LAW. Read more at FTC.GOV.
You have the right to a free credit report from AnnualCreditReport.com or 877-322-8228, the ONLY authorized source under federal law.
CREDITedit, LLC is a rapid credit bureau report dispute letter preparation and consulting company for faster, immediate, emergency credit score repair service that may help to fix, repair, restore, delete or remove bad, negative, poor credit. With a good, higher, boosted or increased FICO credit score rating, you may qualify to buy a house, car or get a job.
Word of Warning
