Credit Repair Scams: Traps and Signs to Avoid

Law & Caution: Protection Through Legal Education

While credit repair companies cannot perform miracles and skyrocket your score 100 points overnight, they can potentially wreak havoc on your financial standing by offering dubious advice and charging exorbitant fees.

Join us as our experienced attorneys delve into the inner workings of credit repair companies, expose their limitations, and provide you with invaluable insights on alternative free resources available to help you take control of your credit journey.

This episode features two attorneys from the Legal Aid Center of Southern Nevada's Consumer Rights Project:

Ryan McConnell, a staff attorney currently focusing on landlord/tenant issues

Angel Getsov, a staff attorney with extensive experience in consumer fraud

Episode Timestamps

[00:00] Intro

[01:30] What Is a Credit Report, Credit Score, and Disputing?

[03:00] What Can a Credit Repair Company Do?

[04:00] How to Pull Credit Reports for Free/Dispute

[07:50] How to Find a Legitimate Credit Service

[11:45] Credit Piggybacking Scam

[15:00] Reporting True Reporting as Identify Theft Scam

[17:55] The Truth Game Show

[21:50] Working with the Collection Companies to Lower Debt

[23:15] Beware Online Scams/Credit Repair Takes Time

Links from the Episode

1. Secretary of State Business Search - Here
2. Clark County Fictitious Firm Name Search - Here
3. State of Nevada Department of Business & Industry Division of Mortgage Lending - Here
4. FCRA Form Dispute Letter from the Consumer Financial Protection Bureau - Here
5. American Fair Credit Counsel - Here
6. Annual Credit Report - Here

Legal Aid Center Links

1. Self-Help Center Habitability - Instructions, pre-fillable forms, essential vs. nonessential guide
2. Self-Help Centers - Link for both the Civil Law and Family Law Self-Help Centers

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