I touched on this briefly last night on the podcast regarding the credit bureaus and some of their illegal underhanded activities. Christine Baker is on a mission to bring the credit bureaus to justice and I have her back 100%. She runs a series of forums and I consider her one of the foremost experts on credit repair in the country. Not only that she's ethical.
The bureaus are ignoring the laws BLATANTLY, and instead of properly reporting issues, they continue to rake in the profits, then pay the fine from the gov't. How can they do this? Well for one they're publicly traded and PROFITABLE. 1 of the big 3 pulls close to 500,000 reports a day. At $9 you do the math..............
So in today's reality the credit bureaus has a vested interest in having derogatories remain on your report. Part of this blog's missions is to chronicle my personal credit challenges and disputes as i embark on a mission to push my score to 750. Also what I'll be doing is informing you of you rights and late breaking news. In the near future I will be interviewing experts in credit repair and mortgage lending, people such as Tracy Ballard, Bob Zimmerman, Donna Fox of Credit Millionaire fame, and of course Christine Baker. Look here for up to date relevant credit focused content.
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