I am not a big fan of credit repair. In fact, I am downright scared of them. However…I was recently contacted by Marc Chase of My Credit Group. He runs a blog that talks about credit repair services. I liked what he had to say in his email to me. He said “we’re working hard as we can to help clean up the industry a little bit On both sides of the fence.” I think its a great idea. Credit Reporting Agencies are notorious for frequently reporting incorrect information in consumers’ credit bureaus. There is a definite need for credit repair service companies. There is, unfortunately, an equally large need for industry rules, regulations and standards so that a consumer can be reasonably assured that she is working with a company that will aid her in fixing her credit issues.
Marc, I wish you well in your endeavor and look forward to posting good news about positive things you accomplish in this arena.