Equifax, Transunion, Experian ripoff Atlanta Georgia
I think the credit bureaus are "FRAUD". Our life depends on them but they don't listen. Any creditor can say whatever they want. But when the consumer disputes it, all they do is believe the creditor. Even if you send proof. Example. I have a creditor that states I owed a balance that was incorrect. The account was closed by consumer request but they put creditor request. I sent proof of certified mail proving the disputes with the creditor and the credit companies still defended the creditors. The same we have the right to request proof, the credit companies should respect the proof sent by the consumer no matter what the creditor states. It's amazing how they defend the creditor. The creditor has billions of customers and will never look back on a consumer. How can they protect the creditor instead of a consumer fighting for what's correct. The scary part is that our life and progress of purchasing a home or car depends on these reports. The State Statues that defend the consumer should be carried out. If they are in violation, how can we fix the report according. Who can help us without having to pay an attorney fees.
J
Hialeah, Florida
U.S.A.
3 Updates & Rebuttals
Steve
Bradenton,Florida,
U.S.A.
You have more legal rights than the creditor. Read the FCRA!
#4Consumer Suggestion
Sun, September 10, 2006
Many people do not know exactly what rights they have regarding credit reporting.
The FCRA states that a consumer has the right to see whatever documentation or other communications were used in any validation of a disputed item.
The consumer has the right to sue both the creditor and the credit bureau for inaccurate reporting.
For best results,
You need to send in a dispute for only one item at a time, by certified mail, return reciept requested. put the certified# on the letter itself and keep a copy for your records.
The law is 30 days prove or remove. The 30 days starts on the date the letter was signed for.
NEVER do online disputes, as you have no proof of what you disputed or the time period. They want you to do online disputes for this reason. No lawsuits due to no proof.
It is up to you to get enforcement of the rights you have under the FCRA. Nobody is going to do it for you. The FTC has jurisdiction, and you can file a complaint online. This does not get individual enforcement. For individual enforcement, you need to sue.
Stop whinng about things and take action. It is up to you to enforce your rights.
Stu
Cortland,New York,
U.S.A.
Credit Bureaus definitely fraudulant!
#4Consumer Comment
Sat, September 09, 2006
I agree with the original author. I too have had no progress in getting fraudulant information removed from my credit report. And to top that off, these lowlifes have the audacity to want to charge me to see my own information?!
Bloeve me, if I could ever find a way to ruin their computers and destroy the information contained on them, I would.
Aafes
Viernheim,Europe,
U.S.A.
Credit reporting agencies
#4Consumer Comment
Sat, September 09, 2006
Credit reporting agencies work for the creditor. Their profits come from the creditors and like any business they are much more likely to side with the creditor than they are with the consumer.
Should a consumer manage to get the blatant errors on their report corrected there is a well established history of the exact errors being reentered on the individual credit profile within 2-3 months. Basically the reporting agency removes the error to appease the consumer and avoid possible legal action, the creditor reports the information again and the agency reenters it into the profile.
Simply put, they don't care a whit about the effects of inaccurate reporting on your life. They make hundreds of millions of dollars a year from the creditors. The average consumer is not vigilant enough to take these agencies to task for their errors and then continue to monitor their reports over the long term. It is common for those consumers who are successful with eliminating errors to monitor their reports for 3-6 months or until the major purchase they are attempting is completed. Eventually the inaccurate entries reappear.
If you indeed have solid evidence that the agencies are incorrectly reporting, and refuse to correct the inaccuracies you should file a civil suit against them. They can be held liable for damages. Also file against the creditor.