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Pharr Man Almost Loses $1,500 to Credit Repair Business

PHARR – A Pharr man almost lost $1,500 by trying to restore his credit.

The man tells CHANNEL 5 NEWS he went to a credit repair business thinking he would fix his credit.  

“After two weeks went by, he never called me. I called him, he never answered. I went by, he was never there. So I assumed he probably moved from there,” he says.

KRGV’s Angelo Vargas tried locating the business but the address led to a car lot.

Better Business Bureau Director Dolores Salinas explains those who get help at credit repair business could be at risk.

“It may jeopardize you, in that, if you bought a house or a car with inaccurate information or possibly fraudulent information, they could come back to you and want to redo your contract, maybe at a higher interest rate,” says Salinas.

She explains the BBB provides free services on how you can improve your credit report and rating.

Watch the video above for the full story.

Source: on 2018-08-03 19:15:00

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