From www.BrokenCredit.com, Mr. Leonard A. Bennett with Consumer Litigation Associates, PC, testifies: “there is no discretion exercised. Equifax out sources all of its reinvestigations to the Philippines — to a company in the Philippines that’s paid fifty-seven cents per dispute regardless of how substantive – and TransUnion does the same to India. All that is done by the CRAs is to code the disputes into one of three to four codes.” Hello? Supporting docs?

Matthew

From www.BrokenCredit.com, OK, it’s only fair that we give both sides of the story here and now it’s time to hear from the other side. This is Stuart Pratt, the President of Consumer Data Industry Association (CDIA). CDIA is the trade group for the CRAs and the data furnishers (ie credit card companies, collection agencies, etc.). Poor Stuart – the CRAs made him the spokesman for the effectiveness of the eOscar system.

Jim

securefreecreditscore.com Uncertain about your financial future and unnerved by the fact that you have absolutely no clue as to how much you actually owe in credit cards, car payments, and mortgage?

Jerome

From www.BrokenCredit.com, Ms. Chi Chi Wu, Staff Attorney for the National Consumer Law Center, holds nothing back in this two-minute clip from last Tuesday’s Full Committee Hearing on “Consumer’s Ability to Dispute and Change Inaccurate Information”. Millions and millions of consumers “victimized by errors from faceless computer generated” reports, she testifies. Perfunctory investigations…the definition of accuracy…conformity to truth…conformity to reality…flaws…money talks…”the only thing that will force the bureaus to fix their system is vigorous enforcement of the FCRA”. Get ‘em Chi Chi!!!!

Tara

The credit bureaus are keeping quiet about the best identity theft prevention option, the Credit Freeze. They apparently dont want you to know about the credit freeze (aka Security Freeze) because once your credit is frozen they can not sell your personal credit information to numerous marketers. We want you to know about this little known secret and ask that you share it with your friends and family; the most effective personal option for identity theft prevention is the credit freeze, period. A credit freeze is a more effective method of identity theft prevention than a fraud alert (what Lifelock and others sell) because with a fraud alert, creditors still have access to your credit file and often ignore the alert and grant credit anyway! So both methods are aimed at stopping identity thieves from obtaining new credit lines in your name but the credit freeze is a much more potent protection for consumers concerned with identity theft prevention. Because the credit freeze is only obtainable directly from the credit bureaus (and they dont want you to know about it) there is very low public awareness about this identity theft prevention option. It is easy to learn how you can freeze and unfreeze your credit at the three major credit bureaus through the use of a credit freeze. We show you how, step by step in this video. Please visit www.IdentityTheft.info, for more information about a security credit freeze and identity theft prevention. Identity theft affects fifteen …

Duane

From www.BrokenCredit.com, This final clip features Evan Hendricks, Editor/Publisher of Privacy Times and Author of “Credit Scores & Credit Reports: How The System Really Works, What You Can Do” – by the way, great book and recommended reading for all. Chairman Barney Frank asks Evan to explain illegal re-aging.

Kevin

I was wondering why I was being denied for a credit card! Come to find out my mortgage company is reporting the correct amount each month but the 3 credit bureaus are reporting that my mortgage is $4500 a month! Their mistake has caused my credit score to drop!

Charles

Save Small Business, Restore Self-Reliance

Jason