FTC taking action against “credit repair” organizations

Earlier this week  the FTC and 24 state agencies, via “operation clean sweep” took action against 36 CRO’s in an attempt to crack down on activities in violation of the Credit Repair Organizations Act (CROA).  

 ABC News.com posted a nice piece concerning these CRO strategies and a short explanation of their responsibilities to the consumer.  With the economy in a shambles – consumers may be tempted to fall for these scams.  Don’t do it.  Find a lawyer who can navigate the CROA law as the remedies are very powerful and your rights should be protected.

Beware of Credit Repair
| ABC News