Credit Repair Provider Cautions Against Collection Agencies

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The owner of a Texas credit repair service provider enlightened the college alumni of Champaign, Illinois on the Â?inaccurateÂ? practices of debt collection agencies.

Lee Harrison, of Lee Harrison Credit Restoration, was interviewed by WQQB-FM, a Champaign, Illinois radio station, for his work in providing credit repair services to the alumni of the University of Illinois. Harrison also warned the students to steer clear of collection agencies.

For over 27 years, Lee Harrison has specialized in providing credit repair services to those who wish to rid themselves of credit blemishes. His credit repair service organization helps restore the credit of those who have experienced bad credit, bankruptcy, or even identity theft. Lee Harrison and his experienced credit repair staff educate their clients about the benefits of credit repair, and they even maintain their client’s file for life to insure a good and lasting high credit rating.

During his radio interview, Lee Harrison spoke on his eagerness to educate the University students, and the general public, on how a collection agency works.

“A collection agency makes their money off of factoring, or buying bad debt,” said Lee Harrison. “They pay about seven cents on the dollar. When they buy your debt, the debt is satisfied and you can no longer go back to the lender and pay them. Because you never signed a contract with the collection agency, you don’t owe them a dime.”

Harrison went on to say, “The law states that you cannot take money for monetary gain without giving something in return. What are [the collection agencies] going to give you?”

Lee Harrison does not condone a lack of concern for one’s personal financial obligations, but the bad credit marks left behind by collection agencies can cause credit problems that can adversely affect the chances of owning a home, applying for a mortgage or car loan, and could subsequently lead to a more stressful and unhappy life.

Lee Harrison Credit Restoration’s credit repair process eliminates these marks and yields higher credit scores. With credit repair financing plans to fit the budget of a college student, Lee Harrison Credit Restoration promises a drastic positive change in credit scores.

To learn more about Lee Harrison Credit Restoration and the credit repair services they provide, visit the updated website at http://www.LHCreditRepair.com.

About Lee Harrison Credit Restoration:

Lee Harrison Credit Restoration is a fully licensed, registered, and bonded credit repair service organization located in Naples, Texas. The company specializes in helping people repair and restore their credit history due to bankruptcy, bad credit, or identity theft.

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