MAGNOLIA
CLIPPING SERVICE
(61)1) 855-0911 I (205) 7sa·8(;,0
QUITMAN CO DEMOCRAT
MARKS, MS
Clrct.dation :I. 1427
WEEKLY
12/03/2009
11111111111111111,11111'11 II II I!!
BBB : Selecting a credit repair organization
Ridgefand, ~b$, . 3dd credit
can cost \'OU - \\ h,:;:,~her or not it is
vour fault. And i: C,!!] be more
costly during the:-~ ,~,l!'s of tigh[
credit ThcBcttcc B",inessBureau
continues to See ,m LHGeJ.5t! in [he
number 0;- cO!l1pi:J.ints recc:ived
about CROs . credit repalr
organizations- ;:md it J.ppears that
the number of shady eROs is also
increasing,
"If you are temptcC to omSOUfce
your credit repj'r proiect. it is
crucial to separate the scammers
from the legitimate sen'ices:' said
Bill :\loak. President/CEO of the
BBB serving Mississippi. "The
BBB offers these tips on how to
know the difference."
The Good Guys
Contact the credit agencies to
investigate the inaccuracies on
your credit report, Providea list of
your rights as a consumer and
explain what you can do on your
own.
Offer a contract containing",
• Total costs, payment tenns,
services
-Detailed description of services
-Any guarantees offered
'Full company name and address
The Scams
Charge fees for services that can
be done on 'iour own for free,
Require up-front service fees,
Encourage participation in illegal
activities ...
'Creating a new identity under
false pretenses,
-Committing mail. phone or wire
fraud,
Before contracting with a CRO
- or any other business - you
should eheck their reliability with
the BBB, The BBB sen-ing
Mississippi can be reached online
at www.ms.bbb.org or by phone
at 800-987 -8280,