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credit-life | 911CreditRelief

The Secret to Fix Bad Credit that The Credit Bureaus Don't Want You To Know

Oct 8th 2013 at 4:53 AM

The Secret To Fixing Bad Credit

All 3 credit bureaus have paid out 100's ofmillions of dollars in court ordered restitution and lost law suits over a technicality in the law.  This is the same technicality that can

Fix Bad Credit

fix your bad credit and improve your credit scores!

Often in these settlements the credit bureaus do not allow the plaintif to disclose why they won their court case or how much was awarded because they don't want the public to know.

Improve Your Credit with this Technicality

The technicality to fixing bad credit revolves around the vagueness in the law which covers HOW the credit bureaus are to accurately verify what they are reporting about you.  It was never clearly spelled out.  The credit bureaus feel that all they have to do is accept what the credit furnisher tells them as accurate without seeing any actual documentation and that is enough. However, the courts have absolutely DEMANDED that the credit bureaus go far beyond just accepting a third parties say so.  The courts state that the law evinces the credit bureaus to do a thorough investigation, going far beyond reporting hearsay and that since they collect and profit by this information that they will be held liable when it is inaccurate, misleading or unverified.

Fixing Bad Credit is Crucial To Your Financial Future!

This is the very point of law which makes fixing bad credit possible. Because the credit bureaus are sticking their damn fingers in every part of your life, it is beginning to really have a financial impact on consumers.  Therefore, it can be of great value to learn about repairing bad credit and taking the steps to do so.

by: Credit-Life

Mark Serebrin

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