Back in February, I remember watching a report on 60 Minutes titled 40 Million Mistakes: Is your credit report accurate? The piece focused on a study that indicated that as many as 40 million consumers have a mistake on their credit reports. Correspondent Steve Kroft talked to several individuals who discussed just how hard it is to get any of the credit bureaus to fix mistakes, especially Experian.
Now, I’m actually someone who checks their credit report quite often. Every time I do a churn, usually every 90 days, I’ll run a copy of my credit report and credit scores. Remember, you can get your free TransUnion score from CreditKarma and your free Experian score from Credit Sesame. Don’t forget that you are also entitled to a free credit report each year from the 3 major credit reporting bureaus, thanks to Uncle Sam. I’ve actually been lucky enough to never find any mistakes on my reports…that is until my recent April churn. I noted an incorrect address, one that I had never lived at but was listed as a residence.
Experian, Transunion, and Equifax are the three companies that dominate the credit reporting market, tracking the financial prowess of US consumers. 60 Minutes: 2013 FTC Credit Reporting Study 60 Minutes investigated the stunning number of errors on consumer credit reports and how to make credit report disputes to Equifax, Transunion, and Experian. This information is sold to everyone from employers to insurance companies and creditors.
But an eight-year study by the Federal Trade Commission adidas nmd r1 uk , released February 11 2013, put the industry under the microscope. FTC chairman Jon Leibowitz called the findings troubling, with 20% of Americans having errors on their credit reports. About one in 10 has an error that would negatively affect the consumer’s score.
The research also revealed that 20% of victims were exploited by a close friend, a neighbor or an in house employee. Usually only about 27% of identity theft happenings actually center around financial or credit card fraud. The more common forms here seem to center more around bank, employment, utility or phone fraud which actually account for roughly 50% of identity theft cases. On a more positive note here, it has been proven time and time again that if the criminal act of identity theft is caught in the early stages, the likelihood of any real significant financial damage becomes a lot less. Lastly, and on another positive note, lending agencies and financial institutions like banks, credit unions or creditors, will normally only hold the member accountable to pay back the initial 50 dollars of the criminal charges.
They’re not doing a reasonable investigation,” DeWine said. “They’re not doing an investigation at all.”
Credit reporting agencies are being accused of stonewalling customers who are desperate to correct errors. DeWine said the problem isn’t making mistakes, but a refusal to fix them. 60 Minutes: Credit Report Customer Service About eight million consumers file disputes every year adidas nmd chukka for sale , visiting the credit reporting websites to begin the process, if they can first navigate sales pitches for financial products offered by the companies. Steve Kroft called a customer service number and got a call center in India, where he was not given much help after a 15-minute phone call to a toll-free number. What about that post office box number?
By taking advantage of a qualified and experienced credit monitoring agency, you can be sure your financial assets and monies are in good hands. You’ll also benefit from the advantages mentioned above. The more in tune the consumer is with identity theft and the calculated criminals that take part in it, the better they will be able to sequester both them and their families from the devastation that goes along with it. Bringing on a credit repair agency to protect the very financial foundation of the consumer and their family would be a decision that only a well-informed and wise individual would initiate.
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Advertising Technique To Grow Your Manufacturing Services Business Advertising Technique To Grow Your Manufacturing Services Business September 14, 2013 | Author: Aaron Slot | Posted in Business
Spending a bit of time and energy to build your own product design and manufacturing services business remains the most effective method of making money at the same time as you do work you enjoy. The first thing you must do before you proceed is to plan out where you want t o take your business. Once you get that nailed down, you’re on your way to managing a successful business. Use these ideas and solutions in your practice to create your plan.
In the beginning you must have a sufficient amount of capital. If you’re not in the right position to properly invest in a product design and manufacturing services business of your own, this may not be the ideal time to start up, It does not take a million dollars to get going but it does take a decent amount of cash to get started.
Instead of spending time worrying about the things you are bad at, you should focus on improving your positive attributes. For example, if you are good at sales but terrible at marketing, concentrate on making more sales and hire an expert to do your marketing for you.
Sponsoring a local team or club is a great way to market your products and services in your community. If people see that you are involved in making their community better, they will be quick to offer you their loyalty and will seek out your products instead of going with a competito. Cheap Jerseys From China Wholesale Jerseys Cheap Jerseys Wholesale NFL Jerseys Wholesale NFL Jerseys Wholesale Basketball Jerseys Cheap Nike NFL Jerseys Wholesale Jerseys China Wholesale Jerseys China Wholesale NFL Jerseys