31
May

When You Work With A Broker And Do Credit Repair, Isn’t It On Good Faith?

my broker questioned when we would pay the credit repair free ie. rescoring and blah blah. but i thought it was on good faith, and i haven’t obtained a mortgage yet? how does this work.

3 Comments

  • Samantha B Said:

    The credit report should be pulled in good faith, but if you or the broker need to do some work to get your credit up (seasoned trade lines etc..), or do a rapid rescore after getting problems handled, you will have to pay for these things separately. Be patient, most brokers are out to make a living, not rip people off. If you truly don’t trust him/her, look for another broker. If you are in NY or NJ, I can help… matty_lumpkin onY. msgr
    Also, a good resource is…http://debt.knowledged.info/credit_card….
    Hope it all works out

  • Help Is Here! Said:

    Why would you pay to have someone repair your credit? It’s a huge scam.
    Contact a credit counseling service that is NOT for profit. They will help you for FREE.
    All the credit repair companies will do is take your money, and leave you with a lower score than you started with!

  • Gaytheist Buddha Said:

    You should not sign a contract for any up-front fees. Payment should only occur after credit repair company fulfills their promise. Over 90% will never do anything worthwhile.

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