Don’t fall for credit repair offers

http://money.msn.com/saving-money-tips/post.aspx?post=a5ff0b95-36b7-416b-bce3-8d4bbe31c601

 

 

 

 

 

Having good credit is critical when you borrow money, rent a place to live, buy car insurance — sometimes even apply for a job. So when you see ads baiting you with a quick “credit repair” fix, it can be hard not to bite. Maybe that’s why a Bing search for credit repair returns more than 40 million entries.

The logic behind paying for credit repair seems sound: If your car, refrigerator or practically anything else breaks, you have a professional fix it. Shouldn’t the same logic apply to repairing your credit?

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