In these economic times, credit repair scams have risen dramatically because of: a weak economy; record levels foreclosures; and an increasing number of bankruptcies and late mortgage payments. Credit repair is a growing business and unfortunately there are many unscrupulous people in this market.

As more people fall prey to bad credit, credit repair is becoming a vital part of the economy.

Credit repair isn't an easy task. It takes time and patience. However, with the help of professionals and friends, you can clean up your credit file and correct any errors. Credit repair scams are just like other scams. They prey on people who feel desperate and will believe any promises they make.

Here are a few credit repair scams to avoid:

* Credit Repair businesses that do not follow industry standards and regulations.

* Credit Repair Companies that can "wipe bankruptcies", remove inaccurate negative information from credit histories, or get credit for you regardless your credit history.

* Credit Repair Companies that claim to be able to use "secret" or "little-known" loopholes in credit systems to erase your credit history.

* Credit Repair companies that refuse to give you a written disclosure about your rights regarding your credit history prior to asking you to sign a contract.

* Credit Repair companies who try to charge money before they have performed credit repair services.

* Credit Repair Companies that discourage you from contacting major credit bureaus directly.

* Credit Repair Companies make it sound as though repairing your credit is a complicated process that requires years of experience and legal knowledge.

* Credit Repair Companies that encourage you to lie about loan applications or recommend that you create a second identity.

What can you do so that you don't fall for these scams? Learn about the different types of scams out there. You are responsible for correcting any errors in your credit report. You can do everything a credit repair center can legally do for you at very little or no cost. A credit repair company that violates the Credit Repair Organization Act can be sued.

If you have lost money to credit card repair scams, state law enforcement officers may be able to help. Consumers with credit problems can seek help from credit repair agencies that will improve their credit standing. You, nor any credit repair company, have the right to remove inaccurate, current and verifiable credit information from your credit reports. If you have lost money to credit frauds, state law enforcement officers may be able to assist. Credit repair organizations can offer assistance to consumers with credit problems. They will help improve their credit standing. You, nor any credit repair company, have the right to correct, current and verifiable information from your credit reports.For more detail visit https://www.credit-repair.com/.