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American Credit Rights and Reportings

From the Editor
The 2013 Summer Challenge Activity has begun: Education Reform and College Expenses Debt. There is no formal structure for activity participations. Like I told the staff members who signed me up for the S## deal, "I didn't sign up for it which means I do not have to acknowledge or participate in it." Actually, I think it would have been cheaper to have paid me a full-time salary, according to my calculations of history and my roles and duties. Now, would be a good time to discuss credit maintenance and reportings.

The New Monday Show
Are you always curious of what your leader(s) are up to or what they request for you to participate in?
Then you may want to listen to the current episode of this unique radio broadcast, sherleneonline.org 24/7.

Let's talk Credit Rights and Reportings
Source: www.ftc.gov/credit
  • You must be told if information in your (credit) file has been used against you. Examples: for credit, another credit agency, insurance, or employment.
  • You have the right to know what is in your credit file at a consumer reporting agency.
  • You have the right to ask for a credit score. It is normally free information from a mortgage lender.
  • You have the right to dispute incomplete or inaccurate information.
  • Consumer reporting agencies must correct or delete inaccurate, incomplete, or unverifiable information (usually within 30 days of notification).
  • Consumer reporting agencies may not report outdated negative information: no more than seven years old, or bankruptcies no more than 10 years old.
  • Access to your file is limited: creditor, insurer, employer, landlord, or other business
  • You must give your consent for reports to be provided to employers.
  • You may limit "prescreened" offers of credit and insurance you get based on information in your credit report.
  • You may seek damages for violators.
  • Identity theft victims and active duty military personnel have additional rights.
My graduation ceremony can be viewed online June 28, 2013 (see sherleneonline.com for more info)

Ss
Editor-in-Chief