First off - major errors are very hard to remove on your own. A TRUE STORY: I have a friend who filed for bankruptcy in New York. She paid off all her debtsand the bankruptcy was discharged. About 6 months later a SECOND bankruptcy filing appearedon her credit, along with a discharge. Then a THIRD one! This made her look like someone whoabuses the system (filing for bankruptcy to stop collections, then canceling it without paying herbills). Needless to say her score was absolutely tanked! It took her over 18 months to get just ONEof the mistaken bankruptcies removed. She's still working on the second one today.Secondly - these supposed "sure-fire" credit repair systems might ruin your credit! Many of themencourage you to (or claim they will do it for you) challenge everything on your credit (good ANDbad). Unfortunately this can result in removing the "good stuff" also. And as any lender will tell you,NO credit history is often times worse than BAD credit history! A TRUE STORY: I sell cars in Phoenix Arizona and imagine my surprise when I pulled a 52-yearold customers credit one day and all that was there was his name! ZERO credit score, ZERO openloans (or closed loans for that matter). He might as well been born yesterday. The thing was, hehad an open car loan! So the banks knew he had "washed" his credit, which made him looksuspicious. Unfortunately no bank would touch him at any rate of interest so he went home withouta new vehicle that day. This type of credit repair is illegal! If an item is old and questionable, that can be challenged andremoved. A good credit attorney will know the difference and keep you out of trouble and get theseitems removed, thus improving your credit score. Aren't There Laws Regulating The Credit Repair Industry? There are indeed. The most prominent one is theCredit Repair Organizations Act (CROA). Thisbecame law in 1996 to protect the public from unfair and deceptive advertising practices in thecredit repair industry. Additionally, the Federal Trade Commission (FTC) investigates complaintsabout credit repair organizations and takes appropriate legal action. Unfortunately it takes them along time to operate and you could have your credit damaged further by using one of thesecompanies. Here Is How You Can Avoid Becoming A Victim Of Unscrupulous Credit Repair Companies. ·Avoid any credit repair company that will not tell you your legal rights and what you cando for free. ·Avoid any credit repair company that tells you to relax and let them do it all. In otherwords, don't contact the credit bureaus yourself. ·Avoid any credit repair company that tells you they will dispute everything (good, bad orugly). ·Avoid any credit company that suggests creating a "new" credit identity - and then get anew credit report by applying for an Employer Identification Number (EIN) to use instead of yourSocial Security Number. Remember - This is illegal and can have serious consequences.