Chapter 41. Credit repair services
Vulnerable people who have gotten in over their heads in debt often find themselves desperate for a way out. Being in debt is a three-headed monster, because not only are you hounded by your creditors, but in addition, heavy unpaid debts will negatively affect the credit score contained in your credit report which, in turn, will have a negative effect on your ability to get a job, buy insurance, rent an apartment, buy a car, or get a mortgage. In their desperation, many people turn to fraudulent credit repair services that promise to solve all their problems. Unfortunately, all they may find is a scam that takes their money.
The advertisements for credit repair services are pervasive and persuasive. You find them ...
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