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Credit Repair Wiki


Credit Repair Advices is a Wiki that contains information on Credit Repair, Debt Consolidation, Credit Reports and advices on how to increase your credit score and obtain low interest loans. All the information contained in this wiki is free and you can use it to help yourself if you have bad credit.

This is the first wiki about Credit Repair that you can help to build. It contains all the necessary resources to start fixing bad credit. We invite you to register an account in our wiki and start contributing to the community.

Credit Repair Wiki has been designed for you. We invite you to review our sections and fix that bad credit.

Portals: Debt Consolidation · Loans & Mortgages · Frauds and Scams · Credit Cards · Bankruptcy


Credit Repair Wiki

Recognizing a Credit Repair Scam

Everyday, companies target consumers who have poor credit histories with promises to clean up their credit report so they can get a car loan, a home mortgage, insurance, or even a job once they pay them a fee for the service. The truth is, these companies can’t deliver an improved credit report for you using the tactics they promote. It’s illegal: No one can remove accurate negative information from your credit report. So after you pay them hundreds or thousands of dollars in fees, you’re left with the same credit report and someone else has your money.

If you see a credit repair offer, here’s how to tell if the company behind it is up to no good:

  • The company wants you to pay for credit repair services before they provide any services. Under the Credit Repair Organizations Act, credit repair companies cannot require you to pay until they have completed the services they have promised.
  • The company doesn’t tell you your rights and what you can do for yourself for free.
  • The company recommends that you do not contact any of the three major national credit reporting companies directly.
  • The company tells you they can get rid of most or all the negative credit information in your credit report, even if that information is accurate and current.
  • The company suggests that you try to invent a “new” credit identity — and then, a new credit report — by applying for an Employer Identification Number to use instead of your Social Security Number.
  • The company advises you to dispute all the information in your credit report, regardless of its accuracy or timeliness.

If you follow illegal advice and commit fraud, you may find yourself in legal hot water, too: It’s a federal crime to lie on a loan or credit application, to misrepresent your Social Security number, and to obtain an Employer Identification Number from the Internal Revenue Service under false pretenses. You could be charged and prosecuted for mail or wire fraud if you use the mail, telephone, or Internet to apply for credit and provide false information.

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Legal Advice

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Credit Repair

In this Section you will find the most important information you need to know about Credit Repair.

Introduction to Credit Repair

Credit Repair Guide

Credit Repair Strategy