A credit scrub do they work? you have to pay money to these people to scrub your credit, get rid of bad things.. sounds like a scam to me...
2007-02-01 05:17:48 · 4 answers · asked by swimmyfishy 4 in Business & Finance ➔ Credit
No no no! Stay away from these losers, they are all sleazy scam artists. I don't care how smartly they package their "service", they are all useless and will do nothing but take your money in exchange for an empty promise. The bottom line is this...if you have negative info on your credit report and it's accurate then it stays. No one can "scrub" it. The only way to have something expunged from your credit report is to dispute it through the credit bureau itself. They then have 30 days to investigate and determine through the creditor who reported you whether or not it's accurate. So what these "credit repair" idiots do is exactly that...dispute everything. The hope is the bureaus will not respond within 30 days at which time, by law, it must be expunged. You know how often that happens? Never. Meanwhile they've taken hundreds of dollars from you and you're credit is still the same only now you're poorer.
There's nothing they do that you cannot do yourself. Pull up your credit report and file a dispute for anything you think might be wrong. But if it's true then, as I said, it stays. The only thing that will cure your credit is time and a new track record of responsible money managment. Pays your bills on time and your score will increase significantly in a realtively short tiem period. Forget "credit scrub", it's a fraud and should be illegal.
2007-02-01 05:43:35 · answer #1 · answered by douglas l 5 · 2⤊ 0⤋
it is basically a scam...
these companies operate on the basis that if someone challenges an item on a credit report, it is temporarily removed from the report until the credit reporting company can confirm that an item belongs there and it is not an error.
these companies exploit this loophole and challenge the black marks on your credit report which increases your credit score over the short-run. however, after 6 months or so, the challenges will all be sorted out and your credit score will return to its current level (unless, of course, you take measures to improve your own credit, in which case you wouldnt need these companies anyway).
so, you would get a small benefit from working with one of these companies, but it is probably not worth the money because it is only a short-run gain. also, you could take many of these same measures yourself.
i suspect that the $1500 that you spend would go a long way toward covering your monthly debt payments and restoring your credit
2007-02-01 05:41:31 · answer #2 · answered by Jeff G 2 · 1⤊ 0⤋
You need to check out this video on how to increase your credit score by using a 100% legal loophole. Here is the video URL: http://www.creditscoresecret.org
I was able to get to 595 from 489 in just one day and from 489 to 748 in just a few week; that's pretty fast in my book. Good luck!
2014-09-12 00:45:34 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I have had two friends that told me that they had done it. I was thinking I may need it. They said they would give me their numbers but it would cost 1500.00. I am not sure that I would take the chance.
2007-02-01 05:22:22 · answer #4 · answered by Peggy r 3 · 0⤊ 0⤋