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According to the Credit Repair Organizations Act (CROA), a person meets the statutory definition of a "credit repair organization" if it "uses any instrumentality of interstate commerce or the mails to sell, provide, or perform (or represent that such person can or will sell, provide, or perform) any service, in return for the payment of money or other valuable consideration, for the express or implied purpose of improving any consumer's credit record, credit history, or credit rating."

It should be noted, that any person or entity that engages in the above activity "for a fee" even one time is required by law to abide by and provide disclosures, right to cancel, specific contract language requirements, the advance payment prohibitions, etc.

There is a separate issue, aside from the above CROA requirements and that is access to credit reports. The CRA's will not allow a credit repair organization access to credit reports and as such a mortgage company or automobile dealership that provides credit repair will find its credit reporting access terminated.

First things first you will need to obtain your credit report try: annualcreditreport.com

Hi khsheldon ,

I appreciate your willingness to learn. Well, let me know more about your credit so that I can suggest some ways to repair it. You can also refer to the information available here on Self-help Credit Repair .

mortgageadvisor, great advice from your end. Indeed, the first step is to take a look at the credit report and find out what's wrong with it. :)

Regards,

Jessica.