A host of allegedly bogus credit repair companies have been busted by the FTC for falsely touting their abilities to lure in paying customers. Several used broadcast outlets to make their claims. According to FTC’s Lydia Parnes, “Companies that promise they are able to scrub your credit reports of accurate, negative information for a fee are lying – plain and simple.” Clean Credit Report Services is one company that used both radio and television, and many others used one or the other. Other media include the internet, phone books and even seminars and podcasts.
RBR/TVBR observation: If no less an authority than the FTC says credit scrubbers have as much viability as weight-loss jelly beans, you owe it to your loyal audience to keep such con artists off your airwaves.