Credit Bureaus Under Fire! Part 1
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
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5 Responses to “Credit Bureaus Under Fire! Part 1”
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Calvin
You have to be the stupidest racist republican on the @##$%%% planet. First, ##$hole, It’s republican policies past and present that have spent the country into a debtors nation. Starting with the creation of the federal reserve act, then punkass nixon taking us off the goldstandard in 1971 so his buddies can get rich off of cheap labor and imports while ,at the same time, weakening the dollar. Baracks policies will help the people to start small businesses that will create jobs for our people
Joy
Thanks for posting this video! I am having the same problem with the credit reporting agencies. In addition, EXPERIAN is denying me my right to put a statement on my credit file! See my personal struggles in these videos here on Youtube.
One of the videos is entitled – Experian Denying Consumers Their Right and the other is -
Collection Agencies Working With Credit Reporting Agencies.
Type these titles in the Search box to see them.
Cindy
BARACK IZ DA PRESIDENT….NA NAH NA NAAH NAH…..BARACK IZ DA PRESIDENT….NAH NA NA NAH NA!……mccain supporters….too bad….so sad….goodbbye!!!!!!!!!
Daniel
Idiots just change the way the credit bureaus do their scoring. They give higher scores for people who have many credit cards and maintain a balance, than people who pay their shit off every month and keep maybe one credit card. Im no Alan Greenspan but if you have a balance at the end of the month you cant afford a fucking house !! Dont blame who is in office, blame the credit agentcies for giving your broke ass credit ! And thank yourselves for spinning the country into socialism ))
Danny
they just did it to me again 01/21/2008 it goes on all the time reason the loan companys make more money when your scores are low