How do I know if I have been the victim of credit repair fraud?

If you have been the victim of credit repair fraud in California, you may be entitled to financial compensation or other remedies under the Credit Repair Organizations Act (CROA) and the California Credit Repair Organizations Act (CCROA). CROA and CCROA prohibit companies from making false or misleading statements about their services or engaging in deceptive or abusive practices. Signs of credit repair fraud include companies charging fees before they have provided any services, failing to provide a written contract, and using vague language when discussing services. It is also illegal for a credit repair organization to tell you not to contact a credit bureau directly or to create a new credit identity for you. It is important to remember that no credit repair company can guarantee that it will improve your credit score. If the company claims it can improve your credit score, you should be wary. Make sure to research the company thoroughly before signing any contracts. If you think you have been the victim of credit repair fraud, contact the Federal Trade Commission or your local consumer protection office to lodge a complaint. You may also be eligible for free or low-cost legal assistance from a local legal services program.

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How do I know if I have been the victim of credit repair fraud?

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