Consumer guide

Repairing bad credit

Key facts

Repairing bad credit
MeasureValueYear
credit repair advance fee note[1]A credit repair organization may not charge or receive payment for a service before that service is fully performed, under the Credit Repair Organizations Act.2026
credit repair cancel window days[2]32026
credit repair organization definition[3]Congress enacted the Credit Repair Organizations Act to protect the public from unfair or deceptive advertising and business practices by credit repair organizations.2026

Sources

  1. Cornell Law School Legal Information Institute. 15 U.S. Code 1679b - Prohibited practices.
  2. Cornell Law School Legal Information Institute. 15 U.S. Code 1679c - Disclosures.
  3. Cornell Law School Legal Information Institute. 15 U.S. Code 1679 - Findings and purposes.