Category Archives: Credit Reporting Agencies

NCES Invited to Explain Key Credit Reporting Problems To Legislators In Washington, DC
George Cole, president of National Credit Educational Services, was recently invited by the Atlanta Business League to present key credit reporting problems and legislation recommendations to a group of legislators in Washington, DC. Below is a summary of his findings and legislative recommendations.  You DO have a friend in Washington! Problem #1: Credit reporting agencies change date of “most recent activity” on credit...
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Why the credit reporting system is flawed
Sure, we all know that the better your credit score, the better interest rates you get on loans and credit cards. But did you know that the information on your credit report also affects your ability to get a job, qualify for a promotion, receive preferred utility rates, even get approved for an apartment lease? But... the entire credit reporting process can occur WITHOUT any input from, monitoring by, or...
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Why the “Big 3” Credit Bureaus are not your friend
The information on your credit report can unlock new and exciting opportunities or bring your dreams to a screeching halt. For something that has so much power over the course of our lives, most of us know very little about the “Big 3” credit bureaus (Experian, TransUnion, and Equifax). And what we *think* we know is often wrong!

So where did they come from? How...

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