Local company accused of credit improvement scam - KMOV.com

Local company accused of credit improvement scam

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By KMOV Web Producer By KMOV Web Producer

ST. LOUIS (KMOV) – The Better Business Bureau has issued a warning against a company accused of taking advantage of the national financial crisis.

The company is called Smart Solutions Financial Services, and consumers who cannot get credit are the targets.

The website promises advice on real estate, establishing and re-establishing credit and investing. Despite a telephone number listed on the site, no one in charge was available when calls were made.

The address is listed on Lemay Ferry, and while it says it was open for business, no one was there on Monday. A previous address in Bridgeton is now a deserted office.

Susan Simpson says she went to Smart Solutions to help her raise her credit score, and she says they promised her that she would have a credit score of 750 to 800 within six months to a year. She gave them $600, but as of now her score is only at 520. But she says while that score is an improvement, it has nothing to do with the company. Simpson says she might lose her current home that she moved into as part of a rent-to-own program. She spent more than $20,000.

For more information on where to report credit fraud, visit www.ftc.gov and www.bbb.org.

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