Is Ping An Credit Card’s credit reporting agency trustworthy? Do “credit repair” and “credit laundering” really exist?

The terms "credit repair" and "credit laundering" do not exist in formal credit reporting agencies and regulatory documents. The so-called credit report repair as understood by the market is essentially that illegal institutions and personnel use false propaganda to mislead consumers into thinking that the correctly recorded credit report information can be changed or deleted in order to achieve their illegal profit-making purpose. This cannot be believed.