Submitted by Melanie on Mon, 02/08/2010 - 08:38.
Credit Bureau Distrust Turn Needs into blessings
In this blog entry we are going to dive deeper into helping you understand why there is so much inaccurate information or discrepancies on your credit report. Once you repair your credit report I would recommend that once a month you want to get out of your head and pay attention to the credit report score and any alerts to the positive side of life. Don't wait for special occasion when you on your honeymoon to apply for mortgage to find out that her credit report score is horrible. Just do it, even if you're not in the mood. You have to will yourself into caring for your credit report score and then your body catches up. You don't need to spend a lot of money, I have a solution for you that's very inexpensive for you to have self-care so you can reward yourself for monitoring your credit on a regular basis.
Did you know that researchers have found a gene that influences our ability to cope with stress and to bounce back from life's misfortunes. Variation in the serotonin transporter gene explains just a very minor part of peoples different sensitivities to the stresses of life. Your temperament, your behavior and your ability to cope with stress such as a bad credit report score is all the time and by a character code or a gene. A molecule that underlies the pathology of mood disorders is actually called the serotonin transporter. How is your serotonin transporter when you eyeball your credit report score finding out the enormous amounts of errors and inaccurate information that you find on?
All the little bees that work for credit bureaus you sometimes wonder what is the state of their serotonin transporter when they report inaccurate information on a consumer credit report?
Remember the earlier blog entry I mentioned that banks, credit unions, car dealerships, my lords, employers are customers of creditors? Often times, these customers only report negative financial information to the credit bureaus. Your bank that you go to pays the credit bureaus to find though what your credit score is so they can analyze it when you apply for credit. But these same customers to pay a lot of money for consumer credit reports only cement negative financial information to the credit bureau every month. Isn't that sad.
I pay my $15,000 line of credit on time each month in every month
I for instance have a personal line of credit for $15,000 in my credit union. I have made my payments on time for the last three years, and unfortunately the only parties that know about my good payment record are my credit union and myself. For some strange reason my credit union does not report this with the credit bureaus. Now I've never skipped a payment and I do not intend to default on my 15,000 line of credit. The only time that the credit union will send a derogatory information to the credit report is if I default in on my personal line of credit.
the credit bureaus do not verify the information that they get from their customers
Once the data entry person that works at the credit bureau has entered the information that they receive from the customers there is no system in place that can check for errors or make corrections. So this in adequate information to stay on a consumer credit report on record for longtime. Due to the sheer volume of the amount of information that the data entry people in put into their computers, it is not uncommon for credit bureaus to report inaccurate, incomplete, obsolete, misleading and financial information is so outdated that it's absolutely insane. There's even instances that one person can actually have more than one credit report history. Please come back tomorrow to continue reading this in depth blog on how credit report agency's work
Where do you begin? I am humbled by each of you who are so motivated in this process. May you lavish your days with great appreciation for who you really are.Click the order now button, get started today!