I’m constantly hearing about “fast credit repair!!!” companies. How do they improve your credit if negative factors in your report are legit?
Do they use section 609 from the FCRA? From what I gather, this essentially means that the burden of proof for something reported on your credit is on TU/Equifax/Experion to validate. If they cannot validate it, then it is removed from your credit report. Is there any truth to this repair tactic? Say for example that I have a medical bill from two years ago. I question it’s validity and dispute it. The credit bureaus cannot validate it...so it’s removed?
Just curious if that is what all of those “credit repair” companies are doing.
Submitted October 06, 2018 at 07:55AM by Pwatapous https://ift.tt/2IIvTt5
