This was on Good Morning America this morning.
Everyone must know their rights.
Tara: I've seen it happen so many times when I have buyers going through the mortgage process.....it's scary. I had no idea that an institution sells it's debts to the collection agencies. Look at that....it's not even 7:00 yet and I've learned something! Thanks for posting this!
Brian: Correct and unlawful. Nice to meet you Brian, love your blogs.
Cedric: You are also correct!
Gayle: Correct again!! And all consumers should use The Fair Credit Reporting Act when they write to the bureaus. Saying, 'That's not right!" is usually not enough. I even sent proof from a mortgage company saying they made a mistake by reporting a friend's payment late and it still didn't come off! I didn't think I needed to state the law when I had documentation from the mortgage company. Wrong!
George: I love that term and when I heard it on GMA I made sure I listened to that segment.
Barbara: We learn so much on AR that I feel like that Army commercial: We do more before 9am than most people in a day.
Sandra:Hello Madame President! I don't find much about the laws that are reasonable.
Brian: I responded to Brian personally days ago, but I wanted to post the response on the blog also. Mr response to Brian is below:
Brian, I will put the reply on the post, but I want to respond to all 6 comments prior so to answer your question 'now', the type of item does not matter. It is whether it has been reported incorrectly. That is where the Fair Credit Reporting Act comes in. Read my blog
Tara,
How is your business going? Saw your profile and thought about our conversation about a month ago. I wish you continued success. I would hope that this is a great market for your services.
Ntsike
Ntsike: Business is picking up. I was as popular as an ant at a picnic during the holidays. 8-) Then life interrupted for a moment. Now I feel I am back on track. Thanks for asking.
Audrey: It is very difficult once this occurs to restore your name. My cousin's purse was stolen 7 years ago and she is still going through the agonies of falsified credit issues. She wants a new social security number, but was denied. I don't know why. Must investigate.
My best advice is for people to research what product will protect them (not just their credit cards) from identity theft. It's like insurance: You hope you never have to use it, but just in case....
Hey Ronell. Thanks for reading through my blogs.
Actually the blog in question I flagged ahead of time and I knew I wouldn't get points for posting. A pop up appears before you can finally post. It's not that you can't post, just you won't get credit. I am sure I didn't make that clear before. I apologize.
With that being said, some things you may need real permission to reprint prior to posting. Since I was just directing to a public site (Good Morning America), I think I was okay. But information from copyrighted material (Zig Ziglar) may be a whole different ball of wax. I would be careful posting. Search on guidelines for posting copyrighted material. It may not be a big deal for you, because you have plenty of original content, but then you would know definitively.
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