Credit Repair Organization Law and Legal Definition

“The term credit repair organization means any person who uses any instrumentality of interstate commerce or the mails to sell, provide, or perform (or represent that such person can or will sell, provide, or perform) any service, in return for the payment of money or other valuable consideration, for the express or implied purpose of: (i) improving any consumer's credit record, credit history, or credit rating; or (ii) providing advice or assistance to any consumer with regard to any activity or service described in clause (i).” Poskin v. TD Banknorth, N.A., 2009 U.S. Dist. LEXIS 83100 (W.D. Pa. Sept. 11, 2009)