Your Consumer Rights, Your Credit Information. by gregory wadel

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Your Consumer Rights, Your Credit Information.
by gregory wadel

Your Consumer Rights.

Consumer credit reporting agencies (CRAs) collect credit
information on you from banks, department stores, credit
card companies, and other types of financial institutions
that may extend you credit.

CRAs make money selling the information they have in their
databank, including information about your credit profile.
Because of this, it is only prudent that you exercise your
legal rights as a consumer, know what is in your credit
file, make sure they are accurate and challenge it and
have it corrected when necessary.

CRAs are required by the Fair Credit Reporting Act to tell
you the contents of your file. There are several ways to
contact a CRA:

IF DECLINED FOR A LOAN, call the lender who is required by
the FCRA to give you the name, address and phone number of
the CRA it used in evaluating your loan application.

IF YOU'RE JUST CURIOUS, you can find out the contents of
your file by calling the CRA nearest you. They are usually
listed in the phone book under Credit Reporting Agencies.

If your report contains inaccurate information, you may
challenge the inclusion of it in your file. One option: If
a lender has made an error, point it out to the lender and
request that corrected information be sent to the CRA.

These are your Consumer Rights..

Author: G.wadel
Gov. Records:
Our Resources are Used Everyday by Private Investigators,Law enforcement, Employers, and over
110,000 Private Individuals & Parents worldwide.
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Author's Biography:

Author: G.wadel

Gov. Records:

Our Resources are Used Everyday by Private Investigators,Law enforcement, Employers, and over

110,000 Private Individuals & Parents worldwide.