Minnesota Credit Repair Organizations Act (CROA) Attorney

Since the financial crisis of 2008, there has been a growing demand for credit repair, especially because a consumer’s credit score is often pivotal for making purchases on credit.


With the growth of the credit repair business, there have also been a growing number of unethical business offering credit repair services. As a result, the Credit Repair Organizations Act was enacted to help protect consumers who may engage a credit repair company. In 2008 alone, the FTC closed 34 credit repair businesses due to violations of the CROA. Under the new law, credit repair businesses must detail payment and fees. Retainer, or upfront fees are in violation of CROA.

Evaluate a credit repair organization by requesting:

  • A contract that permits 72 hour cancellation
  • A firm or estimated deadline for completion of services
  • Complete list of all payments required
  • A detailed list of complete services provided

Credit repair is a service purporting to improve a consumer’s credit score. A reputable credit repair organization can:

  • Respond to issues or inaccuracies in a consumer’s credit report by filing appropriate forms.
  • Obtain copies of a consumer’s credit report.
  • Dispute inaccurate information in a consumer’s report.

The CROA prohibits deceptive advertising by credit repair businesses, and forbids unethical practices which are enumerated. Some but not all unethical and prohibited practices are:

  • Alter a consumer’s identity or personal information in any form.
  • Mislead a consumer about their services.
  • Ask for payment in advance of services rendered.
  • Engage in deceptive practices involving a consumer’s credit history.

The credit attorneys at Tarshish Cody PLC can discuss the specifics of your case with you and advise if your case may produce damages or awards. We welcome your call today at 952-361-5556 (or fill out the free case evaluation form below) to help you through the legal issues of your CROA case.

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