Archive for December 28th, 2007

Why do we have to correct credit reports?

Credit Reports
richcu asked:


OK WE ALL KNOW THE CREDIT REPORT CRAP. WE GET A CREDIT SCORE IF ITS LOW,THINGS COST MORE IF ITS HIGH, THEY COST LESS. THE PROBLEM I HAVE IS WHERE DOES THIS INFORMATION COME FROM AND IF ITS WRONG AND BELIEVE ME YOURS WILL BE TOO, WHY DO I HAVE TO CORRECT IT. SHOULD NOT THE SUPPLIER OF THE INFORMATION AND THE CONVEYER OF THE INFORMATION BE LIABLE FOR THE INFORMATION IT PUTS OUT THAT AFFECTS EVERY ASPECT OF PEOPLES FINANCIAL LIFE.

MOHAMMED