Scam library
Credit repair scams
Someone charges to erase accurate credit history or sell you a supposed new credit identity.
What it looks like
Fictional example: We remove every negative account in seven days. Pay the setup fee at example.com/credit-reset.
Fictional example: Use our new credit number instead of your usual identity details. Approval is guaranteed.
How it works
A company promises to remove accurate negative records or create a fresh credit identity. It may collect advance fees or tell you to submit false disputes and applications. Those steps do not legitimately erase your history and can create further problems.
Warning signs
- They promise to remove accurate, current information.
- They sell a replacement identity number for credit applications.
- They tell you to file a false identity theft report.
- They discourage contacting credit bureaus yourself.
If you got one of these
- Check your credit reports and dispute genuine errors directly.
- Do not submit false identity theft claims or loan information.
- Ask for a written explanation of services, costs, and cancellation rights.
- Use consumer.ftc.gov to review free credit repair guidance.
If you already paid or shared something
- Ask your bank or card issuer about disputed charges and stopping further payments.
- Review your credit reports for false disputes, new accounts, or identity misuse.
- Save the contract and promises, then report at reportfraud.ftc.gov.
Who gets targeted
People working to improve their credit before applying for housing, transportation, or borrowing.