Posts Tagged Consumers
Credit Liaison Founder & CEO Begins Petition To Ask Congress To Change The Fair Credit Reporting Act To Benefit Consumers First Before Big Business Interest
Posted by admin in Consumer Credit Report on July 20, 2011
Credit Liaison Founder & CEO Begins Petition To Ask Congress To Change The Fair Credit Reporting Act To Benefit Consumers First Before Big Business Interest
Miami, FL (Vocus) March 17, 2009
Miami, FL March 16, 2009– Tell consumers “Credit Repair” is not a dirty word like the Federal Trade Commission (FTC), Creditors or the Credit Bureaus would have them understand. In the midst of a foundered economy and over 1.5 trillion in bailouts with Consumer money, it withal remains hard for Consumers to address their credit issues. “Bad Credit is large business” says Anthony Martinez, Founder & CEO of Credit Liaison, a credit repair company taking the guide on consumer advocacy. Credit Liaison has pose away a Petition seeking 100,000 signature inquiring Congress to revise the language of the Fair Credit Reporting Act so that it benefits the consumer better.
Credit Liaison is leading a first ranking Consumer fight to help hard working Americans with their credit. Aside from the strongest techniques that force Creditors and the Credit Bureaus to delete negative inaccurate information from Consumer credit reports, Credit Liaison is asking Consumers to subscribing the Petition and get Congress to comprehend. “The facts are in and they’re not pretty at all” says Anthony Martinez. “If over 70% of the information the Credit Bureaus report is inaccurate isn’t that abuse? If Creditors re-age items on a consumer credit report for profit isn’t that fraud and abuse? Most Debt Consolidation companies are either owned or affiliated with the Banks who own Consumer credit card debts. They never tell Consumers that they will basically pay indefinitely if they use their services in some cases” says Anthony Martinez. Debt Consolidation companies report Consumers to the Credit Bureaus which actually has a negative effect on a Consumers credit report according to Credit Liaison sources.
“Indeed consumers need to be responsible and pay what they owe, but when over 70% of the information reported on a consumer credit report is inaccurate, what does that really say about the systems that are in place to fix it?” says Anthony Martinez. The legal remedy Congress has in play with the Fair Credit Reporting Act allows for $ 1,000 per violation according to the FCRA. “To a billion dollar industry that’s like throwing a pebble at an iron door” says Anthony Martinez. “Congress needs to make it more equitable for the Consumer. Raise violations to $ 5,000 or $ 7,500 per violation. Respond to acts of inaccurate reporting by Creditors by setting a violation limit whereas if they report more than say 50 accounts inaccurately in any given month, they are barred from their ability to report to the Credit Bureaus for a certain period of time.”
“The Fair Credit Reporting Act is comprehensive and identical confusing to the average American” says Anthony Martinez. “It is only right that they have a venue to turn to when they want to mend or address their credit issues without having to pay a lawyer $ 200 a hour to do so. Indeed every Consumer can repair their credit on their own but they can also fix their cars on their own or do their own hair. Most Consumers turn to the experts to get these things done and so many are now turning to Credit Liaison to fix and ask their credit reports.”
Credit Liaison is a credit restoration company built by litigation expert Anthony Martinez and is dedicated to helping populating fix their credit reports and address their debt problems. He is the President & CEO of Litigation Logic, a litigation support company that specializes in electronic discovery and digital solutions for complex litigation matters. He is also the CEO of Really Hot Music, Inc., an urban autonomous recording calling. As a consumer advocate Anthony Martinez and Credit Liaison as a whole are asking populating to sign their Online Petition even if they are not interested in fixing their credit to help sponsor other Consumers that need it.
Contact:
Anthony Martinez
Phone: (305) 529-7100
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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
National Credit Report Helps Consumers With Understanding Credit Reports And Scores
Posted by admin in Dispute Credit Report on July 17, 2011
National Credit Report Helps Consumers With Understanding Credit Reports And Scores
Delray Beach, FL (PRWEB) April 6, 2010
NationalCreditReport.com, a leader in credit monitoring services, advises consumers to diligently watch their credit to be proactive against credit fraud and identity theft. However, even consumers who regularly monitor their credit may be uncertain what all the detailed information in these comprehensive reports really means to them.
“By now, consumers know that they should monitor their credit and credit scores regularly,” said Samuel S. Ambrose, Vice President of Marketing and Operations for NationalCreditReport.com. “But many people don’t have basic knowledge and an understanding of their credit report and score to use this information to make imputed-related decisions.”
Interesting Facts about Credit Scores and Reports:
1. Checking your credit will not cause your score to drop. Only inquiries from lenders can make your score drop a few points. Participating in credit monitoring services is safe for your score.
2. Negative information on your credit report won’t stay with you forever. These items remain on your report for seven to 10 years after they are first noted.
3. Your income and employment don’t affect your score. People with high incomes don’t necessarily have high credit scores just because they might be able to take on more debt. What matters is how you handle the debt you have!
4. It is not hard to dispute information on your credit report. Disputing an inaccuracy is as easy as informing the credit reporting agency, in the form of a letter, what information you think is incorrect. Consumer reporting companies are required to explore the items in question within 30 days.
“We encourage folks to visit NationalCreditReport.com’s website and our ‘frequently asked question’ section to help consumers ,” said Ambrose. “We also have a team of trained customer service agents who field questions from our members about information contained in their credit report and our credit monitoring services.”
About NationalCreditReport.com:
Since 2004, NationalCreditReport.com has specialized in providing credit information, including interesting facts about credit scores, and credit monitoring services to consumers to help them understand their credit report and score. NationalCreditReport.com encourages consumers to check their credit report on a regular basis.
Contact:
Allison Tomek
NationalCreditReport.com
561-805-8000
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©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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NationalCreditReport.com Offers Consumers a Way to Buy a Credit Report With No Trial — No Tricks! Now That’s a Treat!
Posted by admin in Personal Credit Report on July 8, 2011
NationalCreditReport.com Offers Consumers a Way to Buy a Credit Report With No Trial — No Tricks! Now That’s a Treat!
Delray Beach, FL (PRWEB) October 26, 2010
To celebrate the popularity of its “No Strings” product, NationalCreditReport.com, a leader in credit report, credit score and credit monitoring services, will offer a special “treat” to allow consumers to buy a credit report with no trial of credit monitoring for just $ 6.99. The offer is $ 3.00 off the product’s regular price.
“We created our ‘No Strings’ product because it addresses the needs of consumers who want to purchase their impute report with no trial of credit monitoring services,” stating Samuel S. Ambrose, Vice President of Marketing and Operations for NationalCreditReport.com. “We know that consumers want to obtain their personal credit account, but it’s also very important to get their credit score with it. NationalCreditReport.com is the only position we know of where consumers tin get both without participating in ongoing credit monitoring.”
“The team here at NationalCreditReport.com loves Halloween,” said Ambrose. “The benefits of our ‘No-Strings’ product are no monthly memberships, no automatic enrollments, no gimmicks, no hassles. To celebrate Halloween, we’ve decided to add ‘no tricks’ to the list.”
Other offers from NationalCreditReport.com provide a free credit score along with a free 7-day no-obligation trial of its Triple Safeguard Credit Monitoring™ Service, which sends the consumer e-mail alerts each time there is an inquiry made to their credit file with each of the three credit reporting agencies (Experian™, Equifax™, and TransUnion™).
Consumers interested in buying their credit report with no trial can visit http://www.nationalcreditreport.com/nostringsoffer to obtain their personal credit report and credit score without being enrolled in a credit monitoring service.
About NationalCreditReport.com
Since 2004, NationalCreditReport.com has specialized in providing credit information, credit supervised services and information for preventing identity theft to consumers. NationalCreditReport.com encourages consumers obtain their personal ascribe report and assign score on a regular basis.
Contact:
Allison Tomek
NationalCreditReport.com
561-805-8000
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©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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NationalCreditReport.com advises consumers to pursue their financial independence by checking their credit report and online credit score
Posted by admin in Credit Check on June 7, 2011
NationalCreditReport.com advises consumers to prosecute their fiscal independence by checking their credit report and online credit score
Delray Beach, FL (PRWEB) July 2, 2010
As we celebrate our nation’s independence this July 4th, NationalCreditReport.com, a leader in credit report, credit score and credit monitoring services, reminds consumers that taking control of their credit score is a key step in gaining financial independence.
“We advise consumers to regularly check their online credit score and report because fluctuations in their credit can greatly impact many aspects of their financial wellbeing,” said Samuel S. Ambrose, Vice President of Marketing and Operations for NationalCreditReport.com. “First, you must know how, where and when to check your credit report and score.”
Things you ask to know about your credit report and hitting for gaining financial independence:
1. What is a credit score?
A credit score is a numeric value that represents a single’s credit worthiness. This number is calculated by the 3 major credit bureaus (Experian™, Equifax™ and TransUnion™) and lenders use it to do loan decisions. A person with a higher score is more probable to be broadened a larger line of credit or a lower interest rate.
2. How frequently should I observe my online credit score?
National Credit report recommends that consumers check their credit report at least quarterly. There are many items that can cause your credit score and the information in your credit report to change. Participating in a credit monitoring service is a very simple and quick way for you to view your online credit score while also allowing you to proactively protect yourself against credit fraud and identity theft.
3. Will accessing my online credit score make my score go down?
No. Only inquiries from creditors or lenders can make your score drop, and flush then it’s usually just by a few points. Participating in a credit monitoring serving and checking your possessing credit report is safe for your score.
4. What kinds of things can make my online credit score displace?
Many variables such as making payments on time, keeping a longer credit history and paying off your credit card balances can help you raise your online credit score. On the other hand, making late payments, taking out several loans at one time and not noticing inaccuracies when you check your credit report can cause your score to drop.
5. What should I do if I find information in my credit report that I think is inaccurate?
When checking your credit report, if you find any inaccurate information you have the right to dispute these misrepresentations with the one of the 3 major credit bureaus that reported the item.
About NationalCreditReport.com
Since 2004, NationalCreditReport.com has specialized in providing credit information and credit monitoring services to consumers to help them understand their credit report and score. NationalCreditReport.com encourages consumers to check their credit report on a regular basis.
Contact:
Allison Tomek
NationalCreditReport.com
561-805-8000
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©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Related Credit Check Press Releases
The Importance of Credit Reporting Laws
Credit reporting laws in the United States can be rather difficult to understand if you are not an attorney or don’t happen to work in finance. When it comes to your personal credit, understanding credit reporting laws is important.
The Fair Credit Reporting Act is one law every consumer should know. It was originally signed into law in 1970 and it guarantees the confidential, accurate, relevant and proper handling of all consumer information collected and recorded by the credit bureaus. It also gives consumers the right to request a copy of their credit report and scores. The only provider that is legally authorized to give you this report once a year is annualcreditreport.com.
This law also requires that written disputes be investigated within 30 days by credit bureaus. Here, any information deemed inaccurate or unverifiable shall be removed and kept from reappearing on your credit report.
Another important credit reporting law is the Fair Debt Collection Practices Act. This law was enacted in 1977 in an effort to eliminate abusive debt collection practices by debt collectors and to ensure that those debt collectors who refrain from using them are not competitively disadvantaged. It also promotes state action that is consistent in protecting consumers against such debt collection abuses. It prohibits several activities considered to be deceptive or harmful to consumers such as: lying, misleading or harassing. This law is enforced by the Federal Trade Commission and annually reports to congress regarding any issues that involve it. Here, a debt collector is defined as any person who uses any method of interstate commerce of the mail in any business for the purpose of collecting debts.
This means the rules of this law do not apply to the company who extended the original credit line, but instead are only relevant for collection companies who were hired or contracted by the initial creditor involved.
When it comes to how your credit is reported and what the scores mean, you need to have a rough idea of how it all works so you will be able to interpret any problems and come up with a solution for repairing them. After all, your credit is a very important part of your life in general as it affects many different aspects all at once.
Pamela
Your Credit Report Addresses Are Probably Wrong
Credit report addresses and other personal information is commonly incorrect and should be fixed. The stats are shocking and credit report addresses, are just the beginning of the common errors contained in your report that could be causing you to have a lower FICO than you should.
Your credit is reported by the three bureaus, TransUnion, Experian, and Equifax, and most consumers assume that the information contained in their credit score is correct. The truth is that it is very common for your report to contain a number of inconsistencies, wrongly associated accounts, and incorrect addresses and names.
The most common errors that are contained in your credit score and should be fixed are:
Incorrect credit report addresses Wrongly associated account information or credit lines that are not yours Incorrect information regarding your credit lines, or balances that are inaccurate Credit items or delinquencies that are still affecting your credit beyond the regulated period that they are by law supposed to no longer remain
These are only a few of the inconsistencies that are typically found on your credit and there can be a number of items that are dragging down your FICO score that if corrected can improve your credit score quickly.
If you get your free credit report and find that there are a number of errors, that your credit report addresses are incorrect or you have credit lines that you are not responsible for, you will need to write a dispute letter to the reporting bureau to ask for it to be removed. They are regulated by law to respond or remove incorrect information and removing negative items that are incorrect will give your credit score a boost.
Dolores