The Credit Repair Organizations Act requires that a for-profit credit repair company must: Inform you of your CROA rights Accurately inform you of what they can and cannot do Not charge consumers prior to completing services Provide a written contract and allow the contract to be canceled within 3 business days of signing Additionally, each state requires different laws to protect consumers. Some allow you more than three days to cancel a contract or have the credit repair company complete their services in a certain time frame.