Credit Repair definition

Credit Repair shall bear the meaning set out in Notice 169 published in terms of the Consumer Affairs Act, 71 of 1988 (published in Government Gazette No. 18646);
Credit Repair means the activities of a credit repairer; (“redressement de crédit”)
Credit Repair means services or goods that are intended to improve a consumer report, credit information, file or personal information, including a credit record, credit history or credit rating; (“redressement de crédit”)

Examples of Credit Repair in a sentence

  • The Credit Union and FICO do not provide “credit repair services” and are not “credit repair organizations” as these terms are defined under federal or state law, including the Credit Repair Organizations Act.

  • Specimen Payment Request Letter (applicable to ABI Repair and Hire Agreements) This claim is made under the terms of the ABI Credit Repair Agreement and payment is required within one calendar month We initially advised you of this claim on the ………………………………… or This is our first notification and New Claim Advice form is attached.

  • Credit Repair Communications will be sent in accordance with your instructions and information along with National Credit Store’s analysis of your credit reports.

  • Bank of America is Not a Credit Repair Organization FICO is a registered trademark of the Fair ▇▇▇▇▇ Corporation in the United States and other countries .

  • Bank of America is Not a Credit Repair Organization FICO is a registered trademark of the Fair ▇▇▇▇▇ Corporation in the United States and other countries.

  • Copies of written Credit Repair Communications will be provided to you upon request.

  • Within three (3) months of the effective date of this Agreement, KleinBank shall present to the United States a written proposal for Advertising, Outreach, and Education and Credit Repair Initiatives.

  • You have a right to sue a credit repair organization that violates the Credit Repair Organization Act.

  • You must agree to obtain a copy of your credit report from the CRA’s and provide that to The Credit Repair Shop, Inc.

  • You have a right to sue a credit repair organization that violated the Credit Repair Organization Act.


More Definitions of Credit Repair

Credit Repair. Credit repair is the process of improving creditworthiness with creditors. The companies or agencies that help to legally clean-up bad credit information in order to give a fresh start to the consumers are known as credit repair companies/agencies or credit clinics.
Credit Repair means any service that is sold, provided or performed (or promoted with representations that it is sold, provided or performed) for the express or implied purpose of: (i) improving any consumer’s credit record, credit history, or credit rating; or (ii) providing advice or assistance to any consumer with regard to any activity or service that purports to improve any consumer’s credit record, credit history, or credit rating.

Related to Credit Repair

  • Credit report means any written, oral, or other communication of

  • Letter of Credit Report means a certificate substantially the form of Exhibit H or any other form approved by the Administrative Agent.

  • Letter of Credit Reserve has the meaning set forth in Section 2.1.2(d).

  • Credit Requirements means a senior, unsecured long term debt rating (or corporate rating if such debt rating is unavailable) of (a) BBB or greater from S&P, or (b) Baa2 or greater from ▇▇▇▇▇'▇, and if such ratings are split, the lower of the two ratings must be at least BBB or Baa2 from S&P or ▇▇▇▇▇’▇, respectively.

  • Fair Credit Reporting Act The Fair Credit Reporting Act of 1970, as amended.