Reliable credit repair companies can assist you in improving your credit by helping you remove inaccurate information from your credit report. Keep in mind that credit repair services can't do anything for you that you couldn't do on your own for free.
Credit repair services in West Palm Beach can help you to complete a detailed credit score analysis by reviewing your credit history for inadequacies, charge-offs, and negative items. They can explain in detail what open credit card accounts you have, the interest rates you’re currently subject to, and offer a free consultation to outline what their credit repair services can do for your credit history.
Credit restoration services are legal in all 50 states because of the Fair Credit Reporting Act (FCRA) that guarantees consumers have the right to dispute information in their credit report. The FCRA provides the following protections for West Palm Beach citizens because it:
Limits who can see your credit report
Stipulates that those who pull your credit reports must have your authorization
Limits what all can go in your report
Allows you to dispute any inaccuracies
Promotes borrowers becoming aware of what’s in their report by providing a free report each year
Creates alerts for consumers when fraud or identity theft is suspected
The Florida Credit Repair Laws
work in concert with the federal laws by reiterating their legal intolerance for fraudulent services. If you feel that your credit score is inaccurate then you could consider a free credit consultation with a West Palm Beach credit repair service to repair your credit score.
Florida law also states that a West Palm Beach credit repair service has to have an occupational license and have a surety bond with an agency.
The Credit Repair Organizations Act (CROA) regulates the credit repair industry by giving you the right to authorize a qualified third party to make disputes on your behalf. Congress passed the CROA to curb consumer abuse in the credit repair industry.
The CROA prohibits credit repair agencies from doing the following:
Making inaccurate claims about the services they provide and how much their service can improve your credit score
Altering your identity, or advising you to do so, to hide negative information incurred in your credit report
Engaging in any practice that could be constituted as fraudulent by other federal laws
Charging fees for work in advance
Penalizing customers with cancellation fees
Using contracts that sign away your rights to sue when services aren’t up to standard
Hiding costs by not providing full detailed disclosures of the services they provide and how much they cost
My Credit Repair Clinic keeps things simple for our West Palm Beach clients by offering affordable prices, among the lowest in the industry. My Credit Repair Clinic will charge an initial $149.00 fee (3-5 days after signing up) and $99.00 a month (30 days after the initial fee). Our Credit Repair Services are offered on a month-to-month basis and you have the legal freedom to cancel these services at any time.
When a creditor makes all attempts to collect on your card and cannot, they will sometimes give up and take a loss. This is known as a charge off and it severely impacts your credit score.
At My Credit Repair Clinic we will provide you with a full Credit Report Analysis to explain, in detail, your credit history and how your credit score is calculated. We identify areas in which improvements are needed and will work with you to create a detailed plan.