‘Credit Washing’: How Some Credit-Repair Firms Inflate Credit Scores
For years, the Federal Trade Commission has tried to make it easier for identity-theft victims to file claims and fix their credit scores. But it may have inadvertently opened the door for fraudsters and unscrupulous credit-repair firms to file false identity-theft claims on behalf of unknowing consumers. WSJ reporter AnnaMaria Andriotis joins host Danny Lewis to discuss what this kind of “credit washing” means for you.
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