Published May 17, 2011 | FoxNews.com
Sen. Dick Blumenthal wants explanations from the three credit rating bureaus about a New York Times report about a VIP list they allegedly keep that favors the rich and famous over everyone else.
The Connecticut Democrat wrote a letter Monday to Equifax, Experian and TransUnion about the reported separate system in which errors and disputes are resolved faster and with more attention than with other consumers, who must rely on an automated system and outsourced customer support to clear up mistakes.
“I am deeply troubled by the implication that your companies are neglecting the majority of consumers and providing preferential treatment for wealthy, famous or well-connected persons, and I ask you to confirm or deny these reports and provide more information on your dispute resolution process,” he wrote in the letter.
Read All »
Posted by Herschel Bentley on June 2nd, 2011 :: Filed under
Credit Bureaus,
Equifax,
Experian,
TransunionTags ::
Credit Bureaus,
credit rating,
Credit Report,
Equifax,
Experian,
TransUnion
Experian and Transunion have been playing the game for some time but now Equifax has jumped into the selling of FAKE-O credit scores. They just couldn’t hold off adding this USELESS product to add to their bottom line!
Now all three of the credit reporting agencies are in the business of pushing the FAKE credit scores to the unknowing consumer who thinks they are buying their FICO scores.
Shame…Shame…Shame is all I can say.
I mean really what is the purpose in selling you a credit score that not one single lender cares about?
Read All »
Posted by Herschel Bentley on October 12th, 2010 :: Filed under
Credit Bureaus,
Credit Score,
Equifax,
Experian,
FTC,
TransunionTags ::
Credit Reporting Agencies,
credit scores,
Equifax,
Experian,
FAKE-O,
Federal Trade Commission,
FICO,
FTC,
TransUnion
Why would anyone be interested in reading about credit report collections? Well, most the time it’s because you have been denied credit and have ordered the credit report to see what’s going on. Low and behold many times there are collections on your credit report. These collections are being reported by collection agencies and they’re killing your credit scores!
When someone researches their credit report for problems and finds collections, usually the immediate response is to begin looking for ways to correct or remove those items from their credit report. The good news is there are a few ways. The most popular way is by disputing them with one of the 3 main credit bureaus (Equifax, Trans Union and Experian) that are reporting them.
You can also contact the collection agency directly and try to…
Read All »
Posted by Herschel Bentley on August 24th, 2010 :: Filed under
Collections,
Credit Report,
DebtTags ::
collection companies,
Credit Bureaus,
Credit Reports,
Credit Score,
Equifax,
Experian,
TransUnion
