Credit repair shops (commonly also known as “credit repair organizations” or CROs) are mass credit dispute operations. You have heard commercials for credit repair shops on the radio. You have seen them on television. Credit repair shops typically charge you upfront and monthly fees (or similar fee arrangements) to churn out and send to consumer reporting agencies (CRAs or credit bureaus) generic “dispute” letters that often do not meet the requirements of the Fair Credit Reporting Act (FCRA). Credit bureaus frequently disregard so-called “dispute letters” from credit repair shops. Still, you can bet you you will still be charged for the credit repair shop’s “services.”  

Many consumers mistakenly believe there is some kind of magic formula for removing accurate negative status items from their credit reports. There isn’t. Nevertheless, countless consumers throw away money by paying credit repair shops to “fix” accounts that, while negative, are accurately reporting. Do not make that mistake. No reputable consumer credit law firm would accept a case on behalf of a consumer with accurate derogatory items on his or her credit reports (except in the very rare case in which an item may be technically accurate but materially misleading).  

Sherman & Ticchio is not a credit repair shop. We are a consumer law firm founded and operated by experienced federal litigators who understand consumer law and litigate FCRA cases in federal court every day. Each case we accept is treated equally and receives our full and devoted attention. We do not charge fees for consultations and our clients do not ever pay Sherman & Ticchio any out-of-pocket legal fees. Our fees come from the proceeds of the case (i.e., our fees are a portion of settlement proceeds or amounts awarded at trial).  

There are three major types of inaccuracies that often appear on credit reports: