Beware the sharp operators – let UK Online help you

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Beware the sharp operators – let UK Online help you

Beware the sharp operators – let UK Online help you

Advertisements offering to ‘clean your credit reference file’ or ‘restore your credit rating’ by rubbing out a bad debt record, should be treated with caution according to the Government’s consumer protection authority.

The Office of Fair Trading warns that the information given by so called credit repair companies may be wrong, misleading or guaranteed to get you into worse trouble – and ensure that you are even more out of pocket.

Typically the companies say they can remove unfavourable information, such as county court judgments, from your credit files and give guidance on how to make a successful application for credit. Often the advertisements urge you to call a costly premium rate telephone line for more information.

They do nothing you cannot do for yourself, with the help of UK Online Finance’s network of reputable credit providers, and our online facility.