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6320 Canoga Avenue, 15th Floor
Woodland Hills, CA 91367

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Credit Score help please

Date: 12/1/2018 8:15 AM (PST)

How long does it take to fix my credit?

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Date: 12/3/2018 8:45 AM (PST)

Good Morning Becky. Thank you for contacting Business Consumer Alliance (BCA). Unfortunately, repairing your credit is not an overnight process and can take a considerable amount of time, sometimes years to repair. For your information, and for any of our readers that are considering credit repair services, it is important to know that credit repair companies do not have any special rights when it comes to disputing information on your credit report. The Credit Repair Organization Act (CROA) makes it illegal for credit repair companies to lie about their services and results.

Per CROA, credit repair companies are required to:

• Give you a written contract that explains your legal rights and the services they will provide
• Allow you to cancel within three days without charge
• Fulfill the promised service before charging you

Per CROA, it’s a red flag if a credit repair company makes promises that sound too good to be true, such as:

• Making promises to remove accurate negative information from your credit report
• The company requires payment upfront before it provides service
• Guarantees their services will improve your credit score

I am including a link to our Resource Guide on Credit Repair. The guide goes more in depth about the credit repair industry: https://www.checkbca.org/tips/credit-cardscredit/credit-repair-247

Becky, I hope this information is helpful. I can be reached directly at vantillon@checkbca.org if you have any questions or concerns.

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