Credit Report Repair

How To Repair Bad Credit with this Insider Secret

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Improve Your Credit Using What The Courts Use

100’s of millions of dollars have been paid out by all three credit bureaus in lost lawsuits based on a technicality in the law! This is the same technicality that can fix your bad credit and improve your credit scores!

The credit bureaus often require the plaintiffs to not disclose the reason they lost the case or the settlement amount because they don’t want the public to know.

Court Ordered Credit Repair

Fixing bad credit revolves around the vagueness in the law which covers HOW the credit bureaus are to accurately verify what they are reporting about you. It was never spelled out. The credit bureaus feel that all they have to do is accept what the creditors are telling them as accurate without seeing any actual documentation and that is enough. Leaving the burden of proof on that credit furnisher. However, the courts have absolutely DEMANDED that the credit bureaus go far beyond just accepting a third parties say so. The courts state that the law evinces the credit bureaus to do a thorough investigation, going far beyond reporting hearsay and that since they collect and profit by this information that they will be held liable when it is inaccurate, misleading or unverified. The courts have gone so far as to state that the credit bureaus are, “habitual repeat offenders of the Fair Credit Reporting Act”!

The Cost of Bad Credit is Too High

This is the very point of law which makes fixing bad credit possible. Because the credit bureaus are sticking their damn fingers in every part of your life, it is beginning to really have a financial impact on consumers. Therefore, it is worth the effort to learn about repairing bad credit and taking the steps to do so.Safe Haven Credit Membership Program

Here is how credit repair works

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Credit Report Repair – An Ingenious Technicality

How credit repair works - credit report repairUnderstanding how credit repair works is just “down and dirty” simple.  The truth is that “CREDIT REPORT REPAIR” is based on a legal technicality.

Although the FCRA (Fair Credit Reporting Act) does not specifically say that the credit bureaus must back up what they report about you with actual documentation, it does say that they do have to be able to prove what they report.  In other words, they got the information about you from somewhere, so somewhere there must be proof.

Here is the technicality, the credit bureaus never really see the actual documents.  They accept third party proof from creditors.  So what if that third party proof is inaccurate, was never actually verified or just flat wrong.  The credit bureaus would never know.  Ouch!!

That is why the courts have demanded that the credit bureaus go much further in their investigation then accepting the word of a third party.  To make their point, the US Courts have fined the credit bureaus nearly one billion dollars for this very big technicality.

You can feel confident that credit report repair works, whether you do it yourself or hire a credit repair company.