Tom has bad credit and would like to fix it. He sees an advertisement from a company that can fix his credit problems. He calls and pays them a large fee to erase his credit history. The company cannot erase his history. Tom has been taken by a ___________ scam.

Question

Quizplus · Accepted Answer

The company advertised as a credit repair service, but was unable to actually erase Tom's credit history. This is a common type of scam known as a credit repair scam.

Tom Has Bad Credit and Would Like to Fix It