I know you have seen adds on TV about how you can repair your credit. Many of the adds are deceptive. They promise to clean up your credit report and increase your credit score. They will go so far as to say certain transactions that would affect your score and will be erased. Of course this is not true and it is just part of the con.There are some good news on this front. Starting April first, a new federal law has been passed outlawing these bogus claims. These companies target people who are out of work,or deep in debt because of medical bills. They charge hundreds of dollars for their services but it is just a rip off. Tomorrow we will examine the new law in depth. Have a nice life.
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