Archive for the ‘Law & Ethics’ Category

General Legal Contract between business and client. Do I have everything covered? Legally, that is? Thank you?

purecreditsolutions asked: AGREEMENT This Agreement is entered into on this _____ day of ________ 2009, by and between Pure Credit Solutions, a Limited Liability Company, and ___________, hereinafter. In consideration of the mutual promises set forth hereunder, the sufficiency of which is hereby acknowledged, Pure Credit Solutions, LLC. and client ________________ shall agree to the [...]

What can we do to replace our faulty credit reporting system?

LT asked: Not only are the three bureaus inconsistent in their reportings, but people’s lives are sometimes ruined from stolen identities, erroneous credit reportings, and unauthorized inquiries. What can we do to reform this system?Tina

Under the Fair Credit Reporting Act (FCRA) do the credit bureaus have an obligation to maintain consistency?

thatblissguy asked: My question stems from the fact that I have successfully disputed and had removed an account from two of the three bureaus. TransUnion and Equifax have removed an account many months ago, and I am wondering if Experian has an obligation to follow suit with the supporting documents being the deletions from the [...]