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Avoid Credit ‘Repair’ Businesses, Consumer Watchdogs Say

Individuals suffering loan re payments and dropping fico scores might be lured to look for a fast solution. However they ought to be cautious about alleged credit repair businesses that vow to scrub credit files and enhance fico scores for a charge, consumer watchdogs state.

The customer Financial Protection Bureau filed suit this month against Lexington Law and CreditRepair , two for the largest credit fix brands, and a relevant system of interconnected organizations. Continue reading