Can a credit repair agency fix my credit report?
Credit repair agencies often promise things like "no more debt" or "credit fixed fast". But they generally cannot do anything for you that you could not do, either yourself or by having someone help you.
And some things they promise might be impossible. For example, a credit repair agency might promise to "get that bankruptcy removed from your credit report". But Ontario law says it can stay on your credit record for 7 years. No one can get it removed any sooner, not even a credit repair agency working for a fee.
Some credit repair agencies tell you that you can improve your credit rating by borrowing money from them and paying it back over time. But you might never get the money from this loan because they use it to pay themselves the fees they are charging you for this "service".