New Jersey Statewide Navigation Bar
NJ Office of the Attorney General
Division of Consumer Affairs
DCA Highlights Search Licensees Complaint Forms Consumer Information Professional Boards and Advisory Committees DCA News Contact Information
Division of Consumer Affairs A-Z List

Consumer Tips
Credit Counseling and Credit Repair


Before entering into a contract with a Credit Counseling or Credit Repair firm, consumers should be aware of the following:

  • accurate but negative credit information cannot be erased from your credit report;

  • a credit repair company cannot take money from you before its services are completed;

  • before you sign a contract, the credit repair company must tell you in writing what your legal rights are;

  • the credit repair company must give you a written contract that clearly describes all of the terms and conditions of payment, the services to be provided and an estimate of how long it will take to complete the services;

  • after you sign a contract with a credit repair company, you have three business days to cancel the contract;

  • consumers can get a free credit report annually from each of the three major credit reporting companies under federal law ( or 1-877-322-8228) and under New Jersey law ( and click on “Free Credit Report”) for a total of six reports per year;

  • check with your employer, credit union or housing authority for no-cost credit counseling programs


bottom navigation graphic New Jersey Home Contact Us Privacy Notice Legal Statement
division: dca home | complaint forms | licensing boards | adoptions | proposals | minutes | consumer protection
departmental: lps home | contact us | news | about us | FAQs | library | employment | programs and units | services a-z
statewide: nj home | my new jersey | people | business | government | departments | search

Page last modified:
New Jersey Home My New Jersey People Business Government Departments