💵 Get out of debt safely!
When it comes to debt consolidation or elimination, be suspicious of claims from so-called credit repair clinics. Many companies appeal to people with poor credit histories, promising to clean up their credit reports for a fee. But anything these companies can do for you for a fee, you can do yourself — for free.
You have the right to correct inaccurate information in your file, but no one — regardless of their claims — can remove accurate negative information from your credit report.
Only time and a conscientious effort to repay your debts will improve your credit report. Federal, and some state, laws ban these companies from charging you a fee until the services are fully performed.
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