Is your credit repair company doing EVERYTHING it can to help you?

You should ask them and find out.  Ever since Experian has been sending out its “suspicious request” response letters, I have been flooded with calls and contacts from credit repair organizations around the country.  I have been telling people that if they have sent a dispute letter to Experian and received a letter from Experian declining to investigate the dispute because it found your letter to be a “suspicious request”, that Experian may be breaking the law.

So far, we have sued Experian three times on these letters and have settled each one of these cases.  We have made Experian pay monetary damages to our clients and pay our fees and costs.

Last week, I was approached by two credit repair organizations.  One was a very large one in New Jersey and the other was somewhat smaller in Brooklyn.  After speaking with gentlemen at each of these organizations and explaining how I can help their clients and get them damages, it appeared that they were only interested in helping themselves to our fees and costs.  One demanded payment immediately for each person that it referred and the guy in Brooklyn demanded 50% of our fees and costs.  I explained to both of these guys that I am a lawyer and I don’t split fees with non lawyers.  They seemed not to understand or did not want to understand what I am talking about.

I am mentioning these firms without giving their names.  I am hoping that they will take a moment and re-prioritize their clients’ needs  ahead of their wallets.  It’s firms like these are giving the industry a bad name.  As a lawyer, my job is to look after my clients and to see what is in his or her best interest, period.  Things in my client’s best interests sometimes are not in mine, but thats ok; that is what being a licensed professional is all about.  Last month, for instance, a client paid me a retainer to defend in in a lawsuit.   I was able to settle the case for the retainer fee that the client paid me.  I used the client’s money, with his permission, to simply pay the settlement myself.  I made nothing on the deal, but that was really fine as I did a great job for my client and got him an excellent result (his mom’s chocolate chip cookies were also quite generous and well received.)

Point is, if you are using a credit repair company, irrespective of how reputable it is, you should take a moment and ask them what it can do about the Experian “suspicious request” response letter you received.   If they say “nothing” or they don’t respond to you, it’s time to part company with that credit repair company.  There are a lot of professional and reputable credit repair organizations out there who do good work and are genuinely interested in helping their clients.  I would be happy to refer you to several.

These other credit repair companies, especially the one in Brooklyn, NY and the large one in New Jersey are only interested in helping themselves, at your expense.  What they are doing is just bad.

If you have received a letter from Experian accusing you of sending it a “suspicious request” call or email me, Attorney Gary Nitzkin, toll free at (888) 293-2882.  We are in Michigan, but have affiliate attorneys all over the United States.  We can probably help you and get you damages. For more information visit us at Michigan Consumer Credit Lawyers.

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