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Credit Bureaus Are A Government Body
Truth: Credit bureaus are not part of the government. They have to abide by the rules laid out by the Fair Credit Reporting Act and certain branches of government. In fact, credit bureaus are more like a profit-making corporation. They exist to make money, and that's it. Because of their corporate-like attitude toward consumers, they tend to thwart efforts at credit counseling or remedying credit because it costs their company time and money to research and revise existing credit reports.
- Myth 1: Information on a credit report is irreversible.
- Myth 2: Credit bureaus are a division of the government, and thus wield the same powers as a government body.
- Myth 3: Bankruptcies are a permanent mark on your credit report.
In a national climate of rising debt, we can provide both counseling and solutions to consumers who are struggling with their creditors.
We offers the most beneficial program in the industry. We offer solutions through our debt management program that can assist our clients into reducing their overall debt.
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