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I want 2 advertise credit repair info...

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Superpeazo

Junior Member
What is the name of your state? VA

I just set up a business advertising the services of a former top-exec at Equifax who retired and is now completely and permanently removing people's bad credit. (I have spoken with many of his clients, and they say he is amazing and does all he says! I read online at the FTC site that you can't take payment upfront for credit repair services and I called the FTC to verify....so I had to toss that awesome biz in the trash. The only other thing in the same field that I thought was legit and worthy of affiliate promotion is the Credit Secrets Bible, which is an ebook full of information, telling people how they can repair their own credit among other things. I want to promote that, but I'm afraid. I don't know every bit of FTC law, etc., so even though I think all their stuff is on the up-and-up, if they actually tell people how to use loopholes with the credit bureaus to get stuff removed and/or if they tell people how to do something creditwise that's against FTC rules, can I get in trouble for selling it as an affiliate since it's just information and not a service? I.E. Someone can sell information on how to make a bomb, but as long as they're not telling you TO make a bomb, they're okay type of thing.... Thanks for your advice!!!!
 


Fatt Toney

Junior Member
My 2 cents**************.Dont even bother. It is illegal to charge up-front for credit repair services. There are companies that get around this by charging a "consultation fee" (Hargrove and Associates out of Florida comes to mind), then doing the actual repair for free, but you will get hassled by everybody from the local BBB, state attorneys general, even possibly FBI. You have to remember the size of these companies that you are fighting with this info. Credit repair is a fairly easy thing to do, and a lot of people dont realize that, so they automatically think its something underhanded, even when it truly isnt. Unless you have the resources and the patience to deal with all the scrutiny, its not worth it. You will want to pull your hair out by the end of the second week in business.
 

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