Lastly, the credit repair agency gives you a piece of paper which you have to sign stating that you waive your rights under the CROA or Credit Repair Organization Act.
There are certain things that a credit repair company can do and improving your credit score from their end is not one of them. This is something that you have to do yourself because you are the one that owes your creditors the money.
All they can do is facilitate a deal that is good for both parties like a debt consolidation plan which you have to fulfill.
Should the information stated in your credit report be wrong, again there is nothing you can do because you are the only one that has the supporting documents which prove these issues have been resolved. You may not even need the help of a credit repair agency because you can send a letter together with the documents to the crediting agency.
If it just so happens that the credit repair agency has asked for payment up front, not informed you for your rights as a consumer, want you to waive your rights or tell you to do anything illegal, walk away and report them to the authorities. After that, continue looking for a legitimate credit repair company.
To tell if this company is a scam or not, you can also check with the Better Business Bureau and any other agencies in your area which are responsible for preventing such things to happen. No one wants to be come a victim but when you desperately need credit repair, it is possible.