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Credit Repair Services Performed by Real Estate Brokers An Advisory to Licensees By Wayne Bell, Chief Counsel and Mark Tut era, Special Investigator California Department of Real Estate (ARE)In the
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Credit repair services performed involve companies or individuals helping consumers improve their credit score by disputing errors, negotiating with lenders, and providing financial advice.
Companies or individuals providing credit repair services are required to file the services performed.
To fill out credit repair services performed, companies or individuals need to document the steps taken to improve a consumer's credit, including disputes filed, negotiations made, and financial advice given.
The purpose of credit repair services performed is to help consumers improve their credit score, qualify for better interest rates, and access loans and credit cards.
The information reported on credit repair services performed includes the consumer's name, credit report information, disputed items, negotiated settlements, and financial advice provided.
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