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SAHRAN
Posts: 2
Registered: ‎04-20-2007
Re: Credit Repair Services
I AM A FORMER SUPERVISOR AT UNITED CREDIT ADJUSTERS AND IF I CAN TELL YOU ONE THING IT IS TO STAY FAR AWAY FROM THIS COMPANY. THE COMPANY HAS OVER 250 COMPLAINTS WITH THE BBB AND THEY HAVE ONLY BEEN IN BUSINESS SINCE 2005. THEY HAVE FILED BANKRUPTCY AND CHANGED THEIR NAME TO UNITED CREDIT ADJUSTERS, AND AS IT STANDS NOW, THEY ARE ON THEIR WAY BACK OUT OF BUSINESS AND ON TO ANOTHER NAME.
 
THE SERVICE THAT THEY PROVIDE-- YOU CAN DO YOURSELF... I CAN ACTUALLY EXPLAIN IT TO YOU IN MORE DETAIL.
 
THE $2000  THAT YOUR CO-WORKER IS GOING TO PAY FOR THE CONTRACT IS ABSOLUTELY A WASTE.
 
THERE ARE COMPANIES THAT DO CREDIT REPAIR AND ARE ETHICAL IN PRACTICE, BUT THIS COMPANY IS NOT. THEY PROMISE TO GET EVERYTHING THAT IS NEGATIVE REMOVED FROM YOUR CREDIT HISTORY, WHICH IS ACTUALLY ILLEGAL. IT IS AGAINST THE LAW TO GUARANTEE A PERSON THAT YOU CAN HAVE NEGATIVE INFORMATION REMOVED FROM THEIR CREDIT HISTORY IN EXCHANGE FOR A FEE. IF THE INFORMATION (CHARGE OFFS, COLLECTIONS, LATE FEES, REPOSSESIONS) IS TRUE, THAN IT CAN NOT BE REMOVED. FORTUNATELY FOR THIS COMPANY, THE CREDIT REPORTING AGENCIES (EQUIFAX, EXPERIAN, TRANS UNION) ARE FLOODED WITH HUNDREDS OF DISPUTES EVERYDAY. BECAUSE I WORKED AT THIS COMPANY I KNOW THAT THERE STRATEGY IS TO BOMBARD THE AGENCIES WITH FRIVALOUS DISPUTES WITH THE HOPES THAT WHOMEVER IS ACTUALLY INVESTIGATING THEIR DISPUTE AT THE AGENCY WILL JUST DO WHAT IS BEING ASKED AS FAR AS REMOVING THE INFORMATION INSTEAD OF VERIFYING THE INFORMATION. THIS IS WHY THEY ONLY HAVE 1 YEAR CONTRACTS. THEY FIGURE THAT IN A YEAR, AFTER ALL OF THE DISPUTES THAT THEY WILL BE ABLE TO AT LEAST GET SOME OF THE INFORMATION REMOVED.
 
IT IS ILLEGAL TO PROMISE A PERSON THAT YOU CAN GET NEGATIVE INFO REMOVED AND CHARGE CHARGE THEM. THE LAW SAYS THAT YOU CAN ONLY CHARGE A CUSTOMER ONCE YOU ACTUALLY HAVE SUCCEDED AT GETTING SOMETHING REMOVED. BUT THIS COMPANY CHARGES OUTRAGEOUS FEES UPFRONT AND USUSALLY THE CUSTOMER ENDS UP PAYING THE BALANCE IN MONTHLY INSTALLMENTS.
 
THERE IS A LOT MORE THAT I CAN SAY ABOUT THIS COMPANY AND THEIR PRACTICES, BUT UNLESS YOU UNDERSTAND THE MECHANICS OF CREDIT AND CREDIT REPAIR YOU MIGHT NOT UNDERSTAND WHAT I AM SAYING. SO I WILL SAY THIS... YOU CAN REPAIR YOUR OWN CREDIT, AND I CAN TEL YOU EXACTLY HOW FOR FREE.
 
BEWARE OF THIS COMPANY AND ANY OTHERS LIKE IT.
 
SAHRANFRANKLIN@HOTMAIL.COM