Concerns Surround Twin Cities Credit Repair Company
News from CBS Local:
MINNEAPOLIS (WCCO) – To buy your dream house or land a better job, you need a good credit score, but 20 percent of us don’t have one. That’s where companies like United Credit Consultants offer to help.
For a price, the Burnsville business says it can improve your credit profile.
But complaints from former customers have piled up for years and some ex-employees aren’t happy either.
The reasons they seek help are usually very similar to Carey Vanier’s.
“I had student loans, credit card,” he said. “I had some medical bills and something like that on there.”
The weekly radio show first caught Vanier’s attention. The professional website advertising a unique process to a better financial future got him in the door.
“It seemed legit,” Vanier said.
Vanier signed a $ 1,200 contract with United Credit Consultants.
“One year, $ 100 payment each month,” he said.
United Credit Consultants said it would help him improve his credit score by requesting credit reports and disputing inaccurate accounts on them.
But he said weeks would sometimes pass without hearing anything back.
“I didn’t know who was taking care of me, or who I was supposed to talk to,” Vanier said. “I stopped e-mailing, I stopped calling. I can tell you, the last couple times I went there, I just showed up.”
Vanier…………… continues on CBS Local
FTC Names Two New Defendants in Debt Relief and Credit Repair Scam
News from InsideARM:
Two new defendants have been named in a Federal Trade Commission case against a phony debt relief and credit repair scheme that allegedly deceived consumers about non-existent federal programs to pay off their bills and fix poor credit.