Credit Repair
Everytime you make a cash transaction, pay a bill, pay your home
mortgage your credit history is being formed. If you are late with
credit card payments or do not pay the minimum monthly amount required,
your credit score suffers.
Fortunately, you have the opportunity to repair your credit. This
section provides guidelines on how to find out your credit history,
and repair your credit score.
**ALERT**
Recent investigations by the FTC revealed 71 companies running
suspicious ads, and a Treasury committee found nearly 180,000 fraudulent
mortgage reports.
The FBI is currently investigating more than 2,100 mortgage fraud
cases. This is a 400% increase from 5 years ago, according to ABC
News.
The Crackdown Crew include: the U.S. Department of the Treasury,
the U.S. Department of Justice (DOJ), the Department of Housing
and Urban Development (HUD), the Federal Trade Commission (FTC),
and the Attorney General of Illinois.
April 8 2009
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