It seems as though faux credit repair companies are being exposed left and right. We recently posted about a credit repair scam as well as a more established company called Veracity Credit consultants who was sued by the Colorado Attorney General.
Now, a consumer has taken the initiative to file suit against Credit Team USA. http://www.courthousenews.com/2010/03/02/25153.htm
The plaintiff is seeking to recover damages exceeding $3,000 for various misrepresentations. Specifically, the plaintiff alleges that this credit repair company charged up front fees (which is illegal in some states) and also fabricated an Obama credit repair stimulus package.
Unfortunately, this consumer could not get the company to refund his money and now he’s forced to seek judicial intervention.
This is just another example of the many predators that occupy the credit repair space. We posted several tips on how to avoid a credit repair scam here. However, the bottom line involves common sense. We strongly encourage you to choose a credit repair law firm. Having an affordable and licensed attorney fight your case is just good common sense. Plus, you don’t have to worry about getting scammed. Lawyers are regulated by strict bar association rules and are therefore will provide the level of ethical service you normally expect.
Tags: credit repair companies