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Understanding Credit Repair Laws

Saturday, April 14, 2007

VR-Tech Marketing and United Credit Education Services offer the best service in Credit Repair. VR Tech Marketing and United Credit Education Services is a BBB member with no complaints.


If you are tired of being denied credit do to bad credit United Credit Education Services and VR Tech Marketing can help.

Our customers have 24/7 access to a secure back office to check the progress on there credit repair process.

Over the course of the next several weeks we take a closer look at the Fair Credit Reporting Act to understand how our service applies the law to help consumers repair there credit.

Some may have you believe that credit repair is either illegal or is not possible. Well here are the facts:

According to the Fair Credit Reporting Act it is illegal for the credit reporting agencies to report any information that is inaccurate, obsolete or unverifiable, if fact the credit reporting agencies can be sued by a consumer if they violate that statute.


§ 623. Responsibilities of furnishers of information to consumer reporting agencies
[15 U.S.C. § 1681s-2]

(a) Duty of Furnishers of Information to Provide Accurate Information

(1) Prohibition

(A) Reporting information with actual knowledge of errors. A person shall not
furnish any information relating to a consumer to any consumer reporting
agency if the person knows or has reasonable cause to believe that the
information is inaccurate.

(B) Reporting information after notice and confirmation of errors. A person
shall not furnish information relating to a consumer to any consumer
reporting agency if

(i) the person has been notified by the consumer, at the address specified by
the person for such notices, that specific information is inaccurate; and

(ii) the information is, in fact, inaccurate.

In the following issues we will discuss the reporting of obsolete and unvariviable information.

If you are interested in United Credit Education Services and VR Tech Marketing Group credit repair service please contact;

Mark Bustamonte
Certified Credit Consultant
United Credit Education Services
VR Tech Marketing Group
mark@unitedcredited.com
www.unitedcredited.com

866-840-2240 Toll Free

Key words: United Credit Education Services, VR Tech Marketing, Credit Repair, Fair Credit Reporting Act,

Posted on 04/14/07 at 02:12:23 by Mark Bustamonte
Category: Credit Repair - Laws

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