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If what you are referring to are companies that will dispute questionable items on your credit reports for you, than yes, it is legal and it does work. It is true that this is something that you could do for yourself, but many companies offer low monthly payments so it is just simpler to go with them. Items must be disputed separately with all three major credit bureaus, Experian, Trans Union, and Equifax, because the three do not work together or share information. It is important to never pay any such company in advance. Federal Law (Credit Repair Organizations Act) prohibits taking advance payment for these services. Adam Fullman

by adamfullman

2 years ago

Asker's Rating: 

They're legal, but it does get you deeper in debt. .

by Kacky- 2 years ago

Some are and some aren't. Just be sure it is you calling them not them making the call to you. Give no information to anyone who calls you saying they are, your bank, a business, a government official, the police, I could go on and on.

by redhighheelsneakers_- 2 years ago

They are legal. They don't do anything you can;t do for yourself, if you knew about it. They negotiate, presumably, which you can do also. Some don;t do anything. Occasionally, they can consolidate at a lower interest rate. You can also. Becoming knowledgeable in this area can pay huge dividends.

by Richard F- 2 years ago