CFB_10/08/2005 Fleecing of America
Join us as the Credit Master exposes the so called Credit “Bureaus” – Did you know they are really for profit companies and are not government entities – as their name would suggest. These Consumer Reporting Agencies (CRAs) are supposed to play by rules and report only Accurate and Relevant information as established by the Fair Credit Reporting Act.
Unfortunately there is a lot of rule breaking going on but then there is little incentive for any of the CRA’s to correct errors or problems with credit reports. In fact as you will learn today the CRA’s exist to sell bad news. As you will see bad news is worth a fortune, and the more bad news there is to sell the more valuable the fortune becomes.
What’s the Score in your Game of Credit? Stay tuned for a lesson in Credit Scores – What they mean, how they’re used, and how the consumers get abused.
How did Free Credit Reports end up costing 144 $ / year? Hmm if you want to find out just ask Equifax or follow their deceptive advertisements to their web site deceptively named freecreditreports.com – {Hyperlink intentionally omitted, The Credit Master will not send you to a known scam.}
The FTC – Federal Trade Commission advises on how to get a free credit report as indicated in the new law.
Want a Free Annual Credit Report?The Only Official Website is annualcreditreport.com
An amendment to the Fair Credit Reporting Act requires each of the nationwide consumer reporting companies – Equifax, Experian, and TransUnion – to provide you with a free copy of your credit report, at your request, once every 12 months
To Order Your Free Annual Credit Report
- Visit annualcreditreport.com
- Call toll-free: 1-877-322-8228
P.O. Box 105281Atlanta, GA 30348-5281
posted by Consumer Fight Back Show @ 10:29 PM
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