It's not pretty, but there's your article. I must have cut off the title: Testimony Before Subcommittee on Financial Institutions And Consumer Credit of the COMMITTEE ON FINANCIAL SERVICES Regarding "Fair Credit Reporting Act: How it Functions for Consumers and the Economy" June 4, 2003
We'll knock me down and blow me away! If that's how it really works, then how come so many of you C-netters have been so successful thus far? Is there more failure to acheive the credit repair goal than there are success stories?
Iamworried, Make them DO what they are REQUIRED to do, not what they think they can do and get away with. That's the key, and a solid papertrail to establish that they won't do what they are required to do. You won't be disappointed, just as the testimony indicates, they don't like the rules so they won't follow them -- nonetheless, they are REQUIRED to follow the laws. Sassy
oh WOW, Leonard A. Bennett office is only about 10 minutes awat from me... Bravo... I don't have time to read this just yet but judging by all of your reactions this is probably some excellent reading..
Re: Re: --> Absolutely MUST read !!! Personal aside to Butch: This is an amazing discussion. I'm learning a lot. From one Creditnet member to another, thank you for starting this thread! Doc
Re: Re: Re: --> Absolutely MUST read !!! Happy to do it. Enjoy. Sorry it wasn't formatted better. I was in a hurry :>
Re: Re: Re: --> Absolutely MUST read !!! 1*If that's how it really works, then how come so many of you C-netters have been so successful thus far? 2*Is there more failure to achieve the credit repair goal than there are success stories? Iamworried | 1*What about the 10,000 consumers ( for every 1 C-netter ) who knows nothing about what's going in the credit world.How succesfull do you think they are?? 2*No doubt about it.Most folks don't know their rights or ever try to correct their reports. if you never try you never succeed. THE END ** *** ** LB 59 """""""""```~~~```'"""""""""
Re: Re: Re: --> Absolutely MUST read !!! The credit bureaus do not easily roll over and allow the credit report to be changed. They stall. They stonewall. They ignore. And, they have been doing this consistently for the decade I've been watching. They do not want you to repair your credit and they have full staffs of professionals creating obstacles and stumbling blocks to the consumer who tries. =================================== What more proof do you want that credit reporting is a racket and fico is nothing but a con job??
Re: Re: Re: --> Absolutely MUST read !!! It's the same reason people watch survior, Outwit, Outlast, Survive. We outwit the CRA's by using the laws against them. We out last them by continually sending dispute after dispute until they fix the error. In the end, we are survivors. Some of us have survived the torture, and are better and stronger people for it. Some of us have survived on hearing others success stores that give us the will to carry on.
Re: Re: Re: Re: --> Absolutely MUST read !!! 7,000 C-Netters out of 160 Million reports. Re-check your math there Browny.
If anyone would like to contact their Senator just go to http://www.senate.gov/ and select your state. It gives you your states senators and contact information
Re: Re: Re: Re: Re: --> Absolutely MUST read !!! 7,000 C-Netters out of 160 Million reports. 2*Re-check your math there Brown. Butch =============== 2*Wasn't trying to do any math. Juist taking a conservative guess
