My Cart  
You haven’t added anything to your cart yet. Once you add an item, you’ll see it here.

Total

Checkout

Get Legal Help Near You

Talk to an independent associate in your area who can walk you through all the plan options.

 

Credit Repair Scams

Credit Repair Scams
April 18, 2017

How You Can Truly Begin to Repair Your Credit

If you have a poor credit rating, the promises made by credit repair companies, to provide clean credit histories and access to fresh lines of credit, may seem like a dream come true. Unfortunately, these offers are too good to be true and may leave you in even worse shape than when you started. Here are some of the critical facts you should know about credit repair scams.

Fraudulent credit repair companies often:

  • Demand payment upfront;
  • Fail to explain your legal rights;
  • Instruct you to provide inaccurate information to credit reporting agencies or lenders;
  • Dispute accurate information on your credit report; and
  • Tell you not to contact or respond to credit reporting agencies yourself.

Companies offering “new credit identities” often charge a fee for what they call a “credit profile number” or “credit privacy number”. These companies will instruct you to apply for credit using this new number. These numbers are often either stolen Social Security Numbers (SSN) or fraudulently obtained Employer Identification Numbers (EIN). Using a fraudulent SSN or EIN is a federal crime and you could be held responsible. Penalties may include steep fines or possible jail time.

The process of improving your credit score takes time and effort, but it can be done. There are many steps you can take and your LegalShield provider law firm is ready to help. Your provider law firm can help dispute inaccurate information on your credit report. They may also help you negotiate payment or settlement agreements for outstanding debts. Call and talk with an attorney at your LegalShield provider law firm today.

How You Can Truly Begin to Repair Your Credit

If you have a poor credit rating, the promises made by credit repair companies, to provide clean credit histories and access to fresh lines of credit, may seem like a dream come true. Unfortunately, these offers are too good to be true and may leave you in even worse shape than when you started. Here are some of the critical facts you should know about credit repair scams.

Fraudulent credit repair companies often:

  • Demand payment upfront;
  • Fail to explain your legal rights;
  • Instruct you to provide inaccurate information to credit reporting agencies or lenders;
  • Dispute accurate information on your credit report; and
  • Tell you not to contact or respond to credit reporting agencies yourself.

Companies offering “new credit identities” often charge a fee for what they call a “credit profile number” or “credit privacy number”. These companies will instruct you to apply for credit using this new number. These numbers are often either stolen Social Security Numbers (SSN) or fraudulently obtained Employer Identification Numbers (EIN). Using a fraudulent SSN or EIN is a federal crime and you could be held responsible. Penalties may include steep fines or possible jail time.

The process of improving your credit score takes time and effort, but it can be done. There are many steps you can take and your LegalShield provider law firm is ready to help. Your provider law firm can help dispute inaccurate information on your credit report. They may also help you negotiate payment or settlement agreements for outstanding debts. Call and talk with an attorney at your LegalShield provider law firm today.

Share

A How-to Guide for Having 'The Talk' with Your Elderly Parents about Internet Safety

November 25, 2015

The face of the Internet is decidedly more wrinkled than many would assume.

The Pew Research Center determined 59 percent of seniors use the Internet. Shockingly, a new report by Limelight determined on average, Baby Boomers – who are now in their 50s and 60s – spend more time online than their 18-33 year old counterparts in the Millennial generation.

5 Must-Know Tips for Best Handling a Traffic Stop

November 24, 2015

Encounters with the police can be stressful for anyone. To keep traffic stops calm, follow these five tips so you can carry on.

7 Tips to Protect Yourself from Phone Scammers

August 17, 2015

Across the country, phone scammers continue to steal millions of dollars from individual taxpayers. Typically, the thieves pose as IRS officials who harass their victims into making payments and divulging personal information that can be used for identity theft.

Top 3 Tips to Stay Married While Working with Your Spouse

August 12, 2015

Launching a business is one of the most exciting events in many people’s lives, which is why, according to the Arizona Republic, the vast majority of people who became entrepreneurs (96 percent) report that they are glad that they did.

Yet, owning your own business can also be stressful, and the stress can be compounded for entrepreneurs who are also married to their business partners.

A Checklist for Managing Employees at Small Businesses

September 29, 2014

Without a formal HR department, it can be challenging for small business owners and managers to manage employees and handle difficult situations. No matter how small your company, it is important to set formal policies, properly document job performance and follow any applicable regulations to avoid damaging morale and your bottom line. This checklist will help you maintain excellent employee relationship and boost productivity. If you have questions about an employment law matter call your LegalShield provider law firm.