Free Webinar on New FTC Guidelines for Background Checks

The new FTC Identity Theft “Red Flags” guidelines take affect on November 1, 2008.  Are you aware of your obligations under these new provisions? ... of consumer reports must implement procedures to deal with any notices of address discrepancies they receive from a nationwide consumer reporting agency (mainly credit bureaus such as Experian, Equifax [more...]

Date: 2008-10-15 19:09:58

Blog posts (6) | Videos (3)
 

Inttroduction (3)

Credit bureaus get most of their data from creditors and collection agencies ... of a credit report usually includes names you previously used, past and present addresses, Social ... Chapter 4, Section A, for more information on the contents of a credit report.) How can I get a copy [more...]

Date: 2009-01-09 04:31:36

The truth about collection accounts.

by JR Rooney The debt collection industry is a billion dollar industry. According to Rapid Recovery Solution, Inc ... the account or legal action is taken against you. Collection agencies obtain the following information to develop a strategy to collect money owed: name, address, credit report, credit application [more...]

Date: 2008-12-17 08:13:34

NACUBO: The FTC's Red Flag Rule Identity Theft Prevention Rule May Affect Colleges

The National Association of College and University Business Officers notes that the FTC's Red Flag rule likely applies to colleges ... of consumer reports must develop reasonable policies and procedures when they receive notification from a credit agency that there is an address discrepancy. Second, that financial institutions [more...]

Date: 2008-09-26 17:00:00

Bill Would Make Ratings Agencies Share Liability

A key House lawmaker wants to make credit rating agencies — which have been widely criticized for failing to give investors adequate warning of the risks in subprime mortgage securities that triggered the financial crisis — responsible for each other’s assessments by holding them collectively liable for inaccuracies.The Associated Press reported that a new draft bill by the lawmaker, Representative Paul Kanjorski, a Pennsylvania Democrat, includes a plan meant to address what critics contend is [more...]

Date: 2009-10-01 09:07:48

Why Now is a Great Time to Address your Credit Issues

Just a few years ago credit was readily available and flowing like water to virtually anyone, regardless of their past credit mistakes ... a copy of your credit report from the three, major credit reporting agencies: TransUnion, Equifax and Experian. Once you have these credit reports in your hand, you will need to review them with a fine [more...]

Date: 2009-01-09 16:55:31

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