The Credit Xpert | SafeHavenCredit

Want to Sue The Credit Bureaus?

Oct 31st 2014 at 10:32 AM

Should You Sue The Credit Bureaus?

I’ve had a second email this month about “suing the credit bureaus” because they don’t have proof of the negative credit that they are reporting. Now hold on before you get all worked up!

In the guts of the Fair Credit Reporting Act, there is absolutely no requirement that the credit bureaus have any proof of what they report about you. I find that fascinating. They are supposed to at least have quality control to assure the public they are reporting accurate information. Of course there are numerous studies showing that the majority of consumers have errors on their credit reports. Touché!   READ MORE-

 

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