New category on proposed credit and collection legislative changes at CreditFactors
As I finally got to post another entry on how to analyze myFICO reports, I ran across the “consumer statements” the credit bureaus promote when they refuse to correct / delete their reporting.
This blog has too many categories as it is and the Credit Legislation site software stopped working after a server upgrade and I can’t edit / add anything. So I decided to add a new category to the new CreditFactors for Pros blog. Who knows, maybe we’ll see some changes if credit repair people pick up on these issues.
Consumer statements on credit reports are IGNORED by most creditors:
… It’s a lot like demonstrating at a political convention. The protesters have to remain in a “free speech” zone where nobody hears and sees them. Similarly, these “statements” are your right to free speech on your credit report, cleverly designed to be ignored. You’re wasting your time and resources. ...
The FCRA would be a LOT shorter if we removed all the worthless crap.
Posted by Christine on 09/12/2008 at 12:10 PM
2008 FCRA / FDCPA proposed changes • (0) Comments • Permalink
