You Can Change Your Credit Score!
Have you ever been denied credit? Are the inaccuracies and misleading information on your credit report keeping you from obtaining new credit?
Creditors will grant or deny you credit based on information they obtain from one of the three credit bureaus Experian Trans Union and Equifax
The information they receive may not be your TRUE CREDIT HISTORY because credit reports are riddled with inaccuracies
To achieve your true credit history, you must understand two things. The process in which credit bureaus obtain information is fallible and is also subject to misleading information.
The FCRA Sec.611 gives the consumer the right to dispute any item on their report they believe to be inaccurate, incomplete or unverifiable.
The system is so flawed it’s been reported that 7 out 10 credit reports out of 280 million plus consumers contain errors and 27 % containing errors will be declined credit. Credit bureaus run over 1.5 million reports per day. Over 450 million per year
The NY Post as far back as 1990 reported that Bonnie Guiton Director of the U.S. Office of Consumer Affairs reported errors were at record highs. Now with millions of new consumers are in the system the problems are increasing at an alarming rate.
What the consumer needs is a place they can go to obtain education in credit reporting. Learning how to navigate through the maze of information the credit bureaus have compiled on them and maintain their future credit rating which dominates our society.