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

If you believe you have been the victim of credit repair fraud, there are a few things you can look out for. First, any companies claiming they can erase your bad credit or can obtain an “instant credit fix” should be avoided as these promises are often too good to be true. You should also be aware of companies that charge a fee before providing any services. Generally, credit repair companies are not allowed to charge a fee until they have delivered on promised services. If a company is asking for payment upfront, this should be a red flag. The Federal Trade Commission (FTC) and the Washington State Attorney General’s office both offer consumer protection information. You can learn more about how to protect yourself and how to spot a scam by consulting these resources. Finally, be wary of companies claiming to be affiliated with the government or offering you government-backed credit repair services. Such services do not exist, and these companies should be avoided. It is important to be aware of the signs of credit repair fraud and take appropriate action if you believe you have been a victim. If you think you have been scammed by a credit repair company, you should contact the FTC or Washington State Attorney General’s office immediately.

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

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