PERC urges Congress to amend the Credit Repair Organization Act (CROA) and exempt credit education firms.

CROA–designed to protect consumers from scam credit repair firms–was never intended to apply credit education. PERC research shows that personalized credit report and score education works–many experience increased scores and move into better risk tiers. The same studies also show that CROA deters people from using personalized credit education. Many are fearful of their credit reports and […]