Tag Archives: credit repair

Does Credit Repair Make Sense?

 Does Credit Repair Make Sense? by Howard Lipset, CPAby Leslie H. Tayne, Esq.

Founder and managing director of Tayne Law Group, P.C., one of the few New York State financial law firms dedicated to debt resolution and bankruptcy alternatives.  

An award winning financial attorney, Leslie is a regularly sought out guest speaker and media expert who offers valuable insight, advice and strategies relating to various areas of debt.  www.taynelaw.com.

As defined by the Federal Credit Repair Organizations Act, credit repair companies/organizations help consumers remove negative information from their credit report. Credit repair organizations usually achieve this by sending dispute letters to credit reporting agencies to challenge the credibility of negative information reported on someone’s credit report by one of the three major credit bureaus (Experian, Transunion and Equifax).  If you have legitimate errors on your credit report, those errors can affect your credit and you might benefit from a credit report company correcting them.

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