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Credlocity, is still pushing the limits for consumer credit repair

Guess Writter

(Press Release)

Credlocity has been described by NYBusinesstimes.com to be “Emerging as the top credit repair company” and this is for obvious reasons.


Founder, Joeziel Joey Vazquez, says that its “important customers and potential customers trust us, so we use methods and promises that no one else in the industry uses, including 100% money-back guarantee, 30 day free trial, and no contract promise.”


Doing a search we found that no other credit repair company offers a combination of the 3 and no other credit repair company offers a 30 day free trial.

After speaking to Joeziel he expressed his desire to shake up the Credit Repair industry with more services like a DIY style option for customers, and free credit monitoring for his clients in a credit karma styled app.


Credlocity makes videos warning consumers not to pay for any credit repair services if they are being charged up front for services. And that is because he says “it's a violation of federal law, more specifically the Credit Repair Organizations Act” which is enforced by the FTC and CFPB.The Consumer Financial Protection Bureau also confirms what Credlocity warns consumers to follow a “simple rule to follow is ‘Don’t pay upfront.’”

Credlocity warns that paying up front is a sign of a scam even if it's from the bigger credit repair companies like the two giants (Lexingtonlaw, and Credit repair dot com).


“The FTC has brought scores of law enforcement actions against these bogus credit-related services, and the agency has partnered with the states to bring hundreds of additional lawsuits. Further, in 2010, the FTC amended its Telemarketing Sales Rule to protect consumers seeking debt relief services, like debt settlement or credit counseling. The Rule prohibits for-profit companies that sell these services over the telephone from charging a fee before they actually settle or reduce a consumer's debt. It also prohibits debt relief providers from making misrepresentations and requires that they disclose key information that consumers need in evaluating these services.” - Federal Trade Commission Website.


As Credlocity fights for its number one spot in the Credit Repair arena, they still must contend to the fact that LexingtonLaw and Credit Repair .dot com, are the two credit repair giants that control a majority of the United States Credit Repair market. The two giants have faced government initiated lawsuits for violating the Telephone Consumer Protect Rule, and the Credit Repair Organizations Act. It’s alleged that they charged customers up front for services which goes against the Telephone Consumer Protect Rule, and the Credit Repair Organizations Act.

The act states: “No credit repair organization may charge or receive any money…for the performance of any service which the credit repair organization has agreed to perform for any consumer before such service is fully performed”. Credlocity advises consumers that they should be checking around for reviews and making sure that the reviews are real. Reviews in general do help consumers make better decisions, especially when it involves something so important like finances and credit.


While both credit repair giants take advantage of consumers by charging fees up front, Credlocity takes the approach of not charging for services up front and offering a free 30 day trial. Credlocity also checks negative reviews from customers of the two giant posts so that he can try and right the wrong that was done to them.


Credlocity also offers free guidance on credit repair with some template examples of dispute letters. Although in general you can't get free credit repair Credlocity goes out of the way to make it as easy and free as possible for the general consumer.


All in all we think Credlocity is the best credit repair company. They are a family, and minority owned business that started because the CEO himself has suffered from dings on his credit.

Notable would be their impressive 5 star Google rating, 5 Star BestCompany rating, and 5 Star Yelp rating.


 
 
 

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Credlocity

Admin@credlocity.com
Tel: (267)-225-4198
1500 Chestnut Street, Suite 2
Philadelphia, PA 19102

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Trust

Report Credit Repair FraudState Attorneys GeneralMany states also have laws regulating credit repair companies. If you have a problem with a credit repair company, report it to your local consumer affairs office or to your state Attorney General (AG).Federal Trade CommissionYou also can file a complaint with the Federal Trade Commission. Although the FTC can't resolve individual credit disputes, it can take action against a company if there's a pattern of possible law violations. File your complaint online at ftc.gov/complaint or call 1-877-FTC-HELP.Did we treat you unfairly? Did we break the law? Contact the Pennsylvania Attorney Generals Office or the Philadelphia District Attorneys Office.​Credlocity will always provide honest, fair, and legal services TRUST that.

Disclaimer/Disclosure

Credlocity Business Group LLC is the parent company of Credlocity formerly known as Ficostar Credit Services and is in no way affiliated with FICO © 2020 Fair Isaac Corporation. FICO is a company that offers a credit scoring model called the FICO® Score. FICO score is a type of credit score created by the Fair Isaac Corporation. Lenders use borrowers' FICO scores along with other details on borrowers' credit reports to assess credit risk and determine whether to extend credit.

*VERY IMPORTANT DISCLOSURE*

We are a credit repair company. You have the right to dispute anything on your credit report yourself. This right is outlined in The federal Fair Credit Reporting Act (FCRA) which promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies.

Travel Partnership Refund Policy

Copyright © 2024 Credlocity Business Group LLC. All rights reserved. Credlocity does not provide legal advice. Credlocity does not guarantee the permanent removal of verifiable tradelines. Credlocity requires active participation from its clientele regarding requested documents and information, including investigation results for the sought-after outcome of a healthy, accurate credit report. Individual results may vary.

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