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Wednesday, March 7, 2012
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(Credit Repair): Self Help May Be Best
(companies) that want you to pay for (credit repair services) before they provide ... Under the (Credit Repair) Organizations Act, (credit repair companies) cannot ...
FTC Sues (Credit Repair Companies)
Jan 27, 2005 ... "No (credit repair) company or consumer has the right to remove accurate, current information from a credit report." ...
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(Credit repair) is legal, but some (companies) are not. Our fraud detection guidelines are designed to help you tell the difference. ...
Repairing your credit -- go it alone or hire a (credit repair) company?
You want to improve your credit score. Should you pay a (credit repair service) to help you or do it yourself?
Best (Credit Repair Services) - Top Ten List
You can (repair) your (credit) yourself or you can get help from a (credit repair) expert. This is a top ten list of the best (credit repair companies) out there. ...
The Truth About (Credit Repair) & Credit Clean-Up Scams - Credit.com
(Companies) that want you to pay for (credit repair) services before they provide any services. (Credit repair companies) cannot require you to pay until they ...
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Credit Repair Secrets - How to increase your credit score with 3 simple tips
This is an informational video that gives you three simple tips that can help you improve your credit score immediately. The website to stop receiving junk mail is www.optoutprescreen.com. Your credit score results may vary depending on your specific situation and it can take up to a month for certain items to reflect in your credit score. These credit score improving tips can give different results for every person, hence improving from 5 to 50 points for opt-out prescreen. For more specific information, head to http://www.ownboise.com/ and contact Chase Craig. Subscribe for future videos on similar topics. I will also have a follow up video on other more in depth ways that you can improve your credit score.
How to Improve Your Credit Score
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Increase Credit Score - Is It Possible To increase credit score in this terrible market?
ICB Trade Lines - Piggyback Credit Increases FICO Score
Angry proponents of piggybacking say they'll organize a grass-roots campaign to fight against the change.
With piggybacking, a consumer with poor credit is placed as authorized user on the credit card of a person with a stellar credit history. Authorized users benefit from having the payment history of the primary cardholders show up on their credit reports, thereby improving their credit scores.
Lenders have complained that it is fraud and distorts the credit score system.
Internet companies have created an industry by playing middleman -- paying a small sum to those with good credit to take on those with bad credit as authorized users, then collecting healthy fees from those consumers.
Now one of those Web-based firms has threatened to organize an effort to expose problems in the credit scoring system.
"Our very existence (proves) that the FICO system is so flawed," says John Coates, spokesman for Instant Credit Builders based in Largo, Fla.
Fair Isaac says that starting in September it will ignore authorized users as it calculates the renowned FICO credit score.
"Fair Isaac has become aware that Web-based services are using authorized trade lines to defraud lenders," says Craig Watts, spokesman for Fair Isaac. "While we work with the financial services industry on an industry solution, we wanted to protect lenders and FICO scores."
The FICO credit score is used by lenders to assess risk in lending money. Lenders factor this number, which can range from 300 to 850, in credit decisions. Watts says 90 percent of the largest U.S. banks base their loan decisions on FICO credit scores.
Watts says the change will prevent people from misleading lenders about their true credit risk.
Coates argues the system can't be easily changed.
"Maybe our system can definitely show you, OK, there seems like there's a loophole and there are flaws that increase the score. You know what? There are also a zillion flaws that decrease the people's scores."
He says Instant Credit Builders plans to bring to light every flaw in the credit scoring system.
"We are building a community of people that are going to stand up. We will petition against it and we are actually going to formulate plans to work together as a grassroots effort to actually create a financial revolution," he says.
Those who rent credit histories won't be the only ones suffering a loss. Often parents will attempt to give their children a jump-start on a good or improved credit history, and they'll be taking a hit as well.
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***MUST SEE*** over 200 point Credit Score INCREASE testimonial.
Rapid Rescoring, Coding Issues, Credit Repair, Inquiry Removal, Credit Secrets, Bad Credit,
Credit Issues, Rescoring Accounts, Rapid Results, Inquiry Maintenance, Removing Derogatory Accounts,
Credit Repairing Tips, Credit Repair Magic, Credit Repair Letters, Credit Repair Help, Credit Repair Secrets,
Credit Repair Business, Credit Repair Companies, Credit Repair Service, Rapid Fix, Quick Rescore,
Rescore fast, Rapid Rescore, FACTA, rescoring credit scores, rapid credit score adjustment,Fair Credit Reporting Act,
Matt McCoy
3 Ways to Improve Any Credit Score
Credit Repair Report - How To Improve Your Credit Score - Free Credit Score Insider
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https://m291.infusionsoft.com/go/credit/mturner/youTube