Q: Should I use a credit repair service?
If you are tempted to contact a credit repair company for help, use considerable caution. The FTC and a number of state attorneys general have sued credit repair companies for falsely promising to remove bad information from credit reports. Only inaccurate information may be removed from your credit report; negative information that is accurate (such as a bankruptcy filing or a defaulted loan) will stay on your credit report as long as governing laws allow.
Under Federal law, if you believe any item on your credit report is inaccurate or incomplete, and you notify us, we will re-verify the information at absolutely no cost to you. Please note that we do not accept disputes from third parties unless accompanied by a notarized power of attorney that authorizes a licensed attorney or a family member to represent you, or if the power of attorney is unlimited and irrevocable.
Newport Bay Mortgage, Inc. does not endorse the use of so-called credit repair agencies. We have seen customer improved credit with the assistance of an attorney. If you are interested in the use of an affordable attorney that might be able to assist you for a very low monthly fee then we can direct you to one. By clicking the following link you agree and understand that Newport bay Mortgage, Inc. does not endorse the following company and that you hold Newport Bay Mortgage, Inc. harmless from any and all claims that may result. I AGREE
