[1] The law was intended to prevent credit repair organizations from engaging in unfair business practices which may result in financial hardship for consumers, particularly those of limited economic means or who are uneducated.
It intends to protect the public from unfair or deceptive advertising and business practices by credit repair organizations.
[3][4] One of the more important areas covered by CROA is how credit repair organizations can get paid.
It is the general consensus that a credit repair company can only be paid after services have been rendered.
This can be done using a monthly fee model where companies charge clients on a monthly basis after services are rendered or on the more modern pay after deletion model where clients only pay after items are deleted from the credit report.