Why don't I use company names?

In a recent post I discussed Credit Restoration and stated that there are only three legitimate companies in the United States.  I have been asked a couple of questions about that comment that I feel need to be addressed.

 Question one: How do you determine who is a legitimate company?

This is a great question.  The Credit Repair Organizations Act is the ruling set of laws enforced by the FTC that governs how credit repair organizations operate.  The claim is based on how many NATIONAL companies (such as NWBA, Lexington Law, etc) are in COMPLETE compliance with the Act.  This figure does not consider smaller organizations who operate on a local or regional level.  I guess I should have made that a bit more clear in my post.  There are thousands of credit repair organizations across the United States.  Most won't last more than a couple of years because they cannot compete at a high enough level or they won't be able to offer the kind of service needed to maintain a viable presence in this cut throat industry.

 Question two:  Why don't you list the names of the three legitimate companies?

I am obviously in the credit repair business.  If I list my own company as one of the three legitimate companies in the US, it could be considered spamming.  If I list my competitors, I am taking business away from myself.  So it is best that I just don't name names.  But beyond that, suppose there is a minor player out there who doesn't like the fact that I didn't list their company.  That opens up the door for lawsuits, cease and decist orders, investigations, etc.  Our company is here to help people.  If our lawyers are tied up in litigation, they will have to spend less time with each client's credit report.  This will result in less than perfect service.  In 13 years of business, we have never had a client we could not help completely.  As far as we know, we are the only company with a 100% success record.  We don't wish to change that record.

I hope this clears up a few details.  I look forward to working with each and every one of you in the future to help you write more loans and make the dream of home ownership a reality to more people.

 Robert Rowe, S.C.A.