When people are watching out for scams, they rarely are worried about places looking to help them repair their credit. Still, financial scam expert Steven Weisman thinks that they ought to be.
Weisman, of Scamicide, points out that a credit report dictates more than just whether or not you can get a loan. “In many states, employers can look at these with regard to whether or not they want to hire you,” he explains, adding that they can also affect your ability to rent or even get insurance. “People get into trouble and want to see what they can do to fix it,” he says, adding that “some of what credit repair services will promise you is downright criminally fraudulent.”