credit repair las vegas: FICO changes may save consumers, but not much and not soon - 08/08/14 11:15 PM
 
 
FICO  (Fair Issacs) (who is not "fair") the nations monopolized credit scoring company is changing the rules to reduce the negative effect of overdue medical bills and to quit penalizing consumers who pay off debts that had been assigned to collection agencies.
 
"Experts cautioned, however, that borrowers might have to wait for a year to see change because lenders will not quickly overhaul their systems to evaluate consumers and price loans for them." - LA Times

 
Some of the initial speculations claim that the new system "could make it easier for millions of Americans to get … (0 comments)

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Myth 1: Information on your credit report cannot be changed.
The Fair Credit Reporting Act requires information on your credit report to be changed if it is misleading, inaccurate, outdated or cannot be verified.
Myth 2: Credit bureaus are required by law to keep derogatory or negative items on your credit report for 7 to 10 years.
There is absolutely no requirement by law that the credit bureaus report anything about you at all. Credit bureaus are private companies for profit that make their income by collecting and selling your personal information.
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credit repair las vegas: The Stigma of Bad Credit - How to Alleviate it - Close more Loans and Sell More! - 08/26/09 07:08 AM
 
 
 
 
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credit repair las vegas: Gettting financed & improving your credit - closing more applications - 04/30/09 01:32 AM
 
 
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credit repair las vegas: Affordable Credit Repair - or should you do it alone? Credit Repair St Louis Las Vegas Nationwide - 02/09/09 11:58 AM
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