[youtube=http://www.youtube.com/watch?v=sHzdsFiBbFc]

This reminds me of a video documentary I watched on Youtube (above) years ago. It actually has nothing to do with the post below except it introduced me to the word Suckas…

Sucka…

From the Urban Dictionary…

The second definition, since the first one was too profane…

A person who is being used, scammed, or tricked by some one else.

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Credit Error? It Pays to Be on V.I.P. List

The credit rating bureaus, whose reports influence everything from credit cards to mortgages to job offers, have a two-tiered system for resolving errors — one for the rich, the well-connected, the well-known and the powerful, and the other for everyone else.

The three major agencies, Equifax, Experian and TransUnion, keep a V.I.P. list of sorts, according to consumer lawyers and legal documents, consisting of celebrities, politicians, judges and other influential people. Those on the list — and they may not even realize they are on it — get special help from workers in the United States in fixing mistakes on their credit reports. Any errors are usually corrected immediately, one lawyer said.

For everyone else, disputes are herded into a largely automated system. Their complaints are often electronically ferried to a subcontractor overseas, where a worker spends, on average, about two minutes figuring out the gist of the matter, boiling it down to a one-to-three-digit computer code that signifies the problem — “account not his/hers,” for example — and sending a dispute form to the creditor to investigate. Many times, consumer advocates say, the investigation translates to a perfunctory check of its records.

You can check out the rest at the NY Times here…

A few things  I have learned when challenging credit reports is never do it online, use lots of staples, randomly, on your mailed in letters and paperwork, and use different colored ink, especially red, when writing on your submissions.

Their automated computer systems can not read the different color inks and they most definitely can not remove staples.

Moral to the story is that a human has to process you inquiry.

Approved or denied, they have to actually pay someone to actually look at it and make an “informed” decision…

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4closureFraud.org