Comments on: CFPB Report | Analysis of Differences Between Consumer and Creditor Purchased Credit Scores

By: katheryn

katheryn — Wed, 26 Sep 2012 00:36:53 +0000

Trust me when I tell you that the CFPB is the biggest JOKE going. They do nothing but run you in circles then once they get a letter from the pretend lender, they write back that the lender is handling it. Say WHAT—handling it you say—RIGHT. Just my humble “o” but I wouldn’t even waste the time or effort with them. If someone else has been helped by them, I’d love to hear about it, just so others will know.

By: Fed Up

Fed Up — Tue, 25 Sep 2012 20:45:32 +0000

Let us not forget TransUnion, Equifax, and Experian have been facilitators and enablers in the fraud and theft!!!!!

By: Sarah

Sarah — Tue, 25 Sep 2012 19:48:36 +0000

Keep in mind that you are entitled to a free report in some states, so you can just call up Experian or any of the others and get a free report. While this article doesn’t specifically mention whether it is “right” or “democratic” to have a group of private companies keep a lifetime, detailed record on us, the fact exists that these records frequently have mistakes. The CFPB should address this issue. Finally, people with “good” credit, as verified by this private cabal of credit companies, were given predatory loans that they would never be able to pay back. In other words, a credit rating had little influence on financial violence waged on the American consumer. Conversely, credit scores are being increasingly used to “punish” people: preventing them from getting jobs, and other basic needs.