United Credit Education Services.Can this company repair a person credit?

Question

I found this company on the internet and want to find out if they can really repair a person credit as they claim.

Answer 1

No, there no such thing as a company that can repair credit. Those who say they can are lying.

Answer 2

Most people can repair their own credit with some time and postage costs.  Negotiating payments helps also.  

There are companies that say they can repair your credit, but what they don't tell you is that means you may wind up filing bankruptcy or they may get items removed from your credit report for a short time, only to have the negatives items reappear when the creditor reports to the credit reporting agencies.

By law, credit repair organizations must give you a copy of the "Consumer Credit File Rights Under State and Federal Law" before you sign a contract. They also must give you a written contract that spells out your rights and obligations. Read these documents before signing the contract. The law contains specific consumer protections. For example, a credit repair company cannot:

make false claims about their services, charge you until they have completed the promised services, perform any services until they have your signature on a written contract and have completed a three-day waiting period. During this time, you can cancel the contract without paying any fees.

Your contract must specify:

the total cost of the services

a detailed description of the services to be performed

how long it will take to achieve the results

any "guarantees" they offer

the company's name and business address

Where to Complain

If you've had a problem with any of the scams described here, contact your local consumer protection agency, state Attorney General (AG), or Better Business Bureau. Many AGs have toll-free consumer hotlines. Check with your local directory assistance.

Hope this answer is of help to you

LEGAL DISCLAIMER:  The answer provided  here is intended for informational purposes only.  It is not intended nor presumed to be legal counsel or professional legal advice.  

Answer 3

Pete - no stay away from them and any other so-called credit repair company...they can't do anything you can't do yourself! Since so many users ask this question I have a step by step guide on what to do....choose what's applicable to your situation.

1 - If you haven't already get current copies of your credit reports from the 3 major bureaus (Equifax, Experian and Transunion)

2 - Take a photocopy of each and put the originals in a binder

3 - Get a highlighter and highlight any account that is negative (collections, written off, older than 7 yrs, etc...)

4 - Any inactive account that is older than 7 yrs should not be deleted from your report. Download a dispute letter from the credit bureaus website(s) and fill in the details

5 - For collection/overdue items, if they are greater than 7 yrs dispute them as well

6- If there are still valid debts, you need to contact the creditor and negotiate a 'pay for delete' in addition to a payment plan if you cannot pay in full. If they start hounding you send them a 'cease and dessist' letter stating they may only contact you in writing.

7 - Do not apply for any credit while you are doing this or for the next year (ideally 2)

8 - If you currently have any credit card or loan balances, pay them off or at least pay them down to bring them current

9 - If you need a credit card, get a secured card from Capital One for $500 (or more if you can)....use it sparingly for like only $25-50 and pay in full and on time every other month or so to establish good re-payment history.

A little patience and 2-3 months, you'll be on your way.