Acts you should know and more!

woman-checking-creditFirst thing you should know, you have the power to repair your own credit. Knowing these consumer protection Acts below will be essential to your success. Even if you choose to work with us, please take time out to study these laws.

Reading these laws may not be fun, but if you want to save money and keep your credit scores high- you will.

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CROA was signed into law in September of 1996, to regulate what were very unethical business practices. The Act enforces credit repair companies to comply to laws that protect the consumer. Credit repair is a much needed business. The Credit Rehab Specialists at 760Credit.Biz must under go training that enables us to serve our you the right way. We get to know all of the laws so that we can enforce companies to comply to them. Thus, getting you the results you desire.

One thing you should ALWAYS look for in a credit repair company is whether or not the company has a qualifying process. Believe it or not there are some circumstances where a client should not use a Credit Repair Organization(CRO). Most consumers do not know that information and get accepted by a CRO and pay for a service that won’t help them much at all.

Definitely spend the time to read the CROA before employing us or any other credit repair company.

Download the CROA »

The FDCPA was signed into law in September of 1996, same day the above Act was inserted into the law. This FDCPA was an amendment to the Consumer Credit Protection Act to prohibit abusive practices by debt collectors.

We as credit repair specialists lean heavily on this Act to ensure the creditors and collection agencies stay in compliance. We do that by reminding these companies of the laws they abide by.

Make sure you read this Act. As these particular laws could save you thousands of dollars AND keep you from being harassed by bill collectors.

Read the FDCPA »

The FCRA is our friend!!!  This Act was placed into law also in 1996. Wow, must have been a lot of consumer abuse going on at that time -right! This Act protects you and I from Creditors reporting inaccurate and unfair information about us. This is another Act that not only the Creditors must adhere to, but also the Credit Bureaus. If you can imagine, we quote this Act a lot when dealing with issues on your credit report.

If you are doing credit repair yourself, make sure you read this Act thoroughly.

Read the FCRA »

The FTC is a bipartisan federal agency with a unique dual mission to protect consumers and promote competition. The FTC protects consumers by stopping unfair, deceptive or fraudulent practices in the marketplace. They conduct investigations, sue companies and people that violate the law, develop rules to ensure a vibrant marketplace, and educate consumers and businesses about their rights and responsibilities. (this is a quote from their website.)

The FTC enforces all the Acts listed on this page and so much more. This is where you would complain if any of the your rights are violated. Mentioning filing complaints with the FTC really goes along way when you need an organization to follow the laws as written. FTC is probably your best friend forever (BFF)!

Take a trip to their website » 

The FCBA was signed into law in 1974 as an amendment to the Truth in Lending Act. The purpose of this ACT is to protect consumers from unfair billing practices and to provide a way to address billing errors in “open end” or “revolving” credit accounts, such as credit card or charge card accounts.

Through the FCBA you have the right to dispute billing errors by sending a written notice of the dispute to the creditor. We, the consumer, can use these laws to make sure our bills are accurate and fair. If you have credit cards, definitely read this Act.

More info about the FCBA »