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Repair Your Credit The RIGHT WAY! |
Building Better Credit And Credit Repair
Newspapers, radio, TV and the Internet are filled with advertisements that offer—for a fee—to erase accurate negative information in your credit file. The scam artists who run these ads can't deliver. Only time, a deliberate effort, and a plan to repay your bills will improve your credit record. This publication is designed to help you understand and legally improve your credit report through the right way to credit repair. This publication has five sections:
Consumer Reporting Agencies
If you've ever applied for a credit card, a personal loan, or insurance, there's a file about you. This file contains information on where you work and live, how you pay your bills, and whether you've been sued, arrested, or filed for bankruptcy.
Companies that gather and sell this information are called Consumer Reporting Agencies (CRAs). The most common type of CRA is the credit bureau. The information CRAs sell about you to creditors, employers, insurers, and other businesses is called a consumer report.
he Fair Credit Reporting Act (FCRA)
The FCRA is designed to promote accuracy and ensure the privacy of information used in consumer reports. Recent amendments to the Act expand your rights and place additional requirements on CRAs. Businesses that supply information about you to CRAs and those that use consumer reports also have new responsibilities under the law.
Here are some questions consumers commonly ask about consumer reports and CRAs—and the answers.
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Transcript of a Presentation and Press Conference on Grenada's 2005 Article IV Consultation (IMF) View a PDF of the presentation (378kb PDF file).
InterBank Selects Open Solutions' Core Processing Suite (Business Wire via Yahoo! Finance) Open Solutions Inc. , a provider of integrated enabling technologies for financial institutions, announced that Inter Savings Bank , a federal savings bank, has chosen to install its relational enterprise data processing suite, The Complete Banking Solution, to handle all core processing operations.
Open Solutions Corrects Two Metrics Reported for First Quarter 2005 (Business Wire via Yahoo! Finance) Open Solutions Inc. , a provider of integrated enabling technologies for financial institutions, today reported corrections to its internal revenue growth and new signed contract value for the first quarter 2005 reported on April 27, 2005.
Western Sun Federal Credit Union Selects Open Solutions' Core Processing Suite (Business Wire via Yahoo! Finance) Open Solutions Inc. announced that Western Sun Federal Credit Union in Broken Arrow, Okla., has selected Open Solutions' relational core data processing suite, The Complete Credit Union Solution, to handle its core data processing needs via the company's Technology Outsourcing Center.
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