Category Archives: Credit Fraud

CHECK YOUR CREDIT REPORTS FOR MIS-REPORTING STATUS OF PAID JUDGMENTS!

CHECK YOUR CREDIT REPORTS FOR MIS-REPORTING OF PAID JUDGMENTS! Credit bureau TransUnion today agreed to settle a class action in Virginia for $1.4mm, where the main allegation was that TU had failed to accurately report paid judgments as paid. If … Continue reading

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You Cannot Get a Credit Report In Your Native Language? Yes, We are Looking Into These Cases!

ByRobert F. Brennan. Happy December one and all, and I hope all of you have a great holiday season. Currently credit reports from the major bureaus are available only in English. The reports are hard enough to interpret even for … Continue reading

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FALSE CRIMINAL HISTORY ON BACKGROUND CHECKS: A GROWING SCOURGE.

Background checks are a part of life now. Whenever you are applying for a job, for an apartment, for a promotion or for insurance, you can basically bet on the fact that someone will be pulling a background check report … Continue reading

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YOU DO NOT NEED CREDIT MONITORING SERVICES, UNLESS THEY ARE FREE TO YOU!

YOU DO NOT NEED CREDIT MONITORING SERVICES!!!!! Recently, Adobe got hacked and sent an email to its subscribers, offering (at a cost) the Experian Credit Monitoring Service to those who got hacked. Of course the victim would have to pay … Continue reading

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Experian Caught Selling Personal Identifying Information to Third Parties and Fraudsters

Here’s an itty-bitty story that, over time, will snowball into a HUGE data-breach story. Yes, folks, as explained in the article below, Experian sold your confidential information, including your social security numbers, to third parties who are in turn selling … Continue reading

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Start-Up Companies Mining Your Social Networking Data for Credit Purposes??? WTF?????

I will be contributing to Fox Business on a story about new start-up companies that mine social network data in determining loan applications. I mean, can you believe this? If I have too many friends with low credit scores, this … Continue reading

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GROUNDBREAKING RULING FROM FEDERAL TRADE COMMISSION: CERTEGY (DATA BROKER FOR CONSUMER INFO ON CHECK WRITING) HELD IN VIOLATION OF FAIR CREDIT REPORTING ACT!

Groundbreaking Federal Trade Commission (FTC) ruling: FTC fines Certegy for violations of the Fair Credit Reporting Act. Folks, there are so, so many data brokers out there that traffic in and make money off of your personal information. It’s impossible … Continue reading

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Excellent New York Times Op-Ed on Why Credit Bureaus Actually Do Not Have Incentive to Provide Consumers with More Accurate Credit Reports.

Hello Readers, Here’s an excellent op-ed piece from the NY Times on why credit bureaus do not have the incentive to make their credit reports more accurate. Good reading! OP-ED CONTRIBUTORS To Catch a Creditor By JEFF SOVERN and IRA … Continue reading

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FINALLY! A Good, Clear, Short Article on Writing Dispute Letters to the Credit Bureaus.

Hello and happy March 8! My friend and Credit.com consumer credit guru writes an excellent short piece on writing dispute letters to the credit bureaus. Remember, I FIRMLY recommend against online disputing, and I’ve published videos and other articles on … Continue reading

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Can you say DISCRIMINATION? TransUnion Will Now Include In Your Credit Score a Factor Based On the Neighborhood In Which you Live!

Can you say DISCRIMINATION? Credit giant TransUnon now has what it calls a “metro score,” where your credit score can now be affected by the neighborhood in which you live, regardless of your own credit history or bill-paying habits. Uhhh…..gee, … Continue reading

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