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A study released by the U.S. Public Interest Research Group in June 2004 found that 79% of the consumer credit reports surveyed contained some kind of error or mistake. Under the Fair Credit Reporting Act, consumers have the right to gain access to their credit report and to dispute any information on the report that is inaccurate, misleading, obsolete and unverifiable.

CONSUMER AWARENESS

Most don't even know what questionable negative listings are likely appearing on their credit report until they look. Almost any small amount of bad credit will trigger credit/loan denial.

Debtbusters911 asks that you visit these links to become aware of the recent Supreme Court decisions regarding credit reporting agencies. Consumers are unaware how these decisions will effect their financial life and their future.

http://www.forbes.com/ free_forbes/2007/0423/102.html

http://redtape.msnbc.com/2007/06/supreme_court_c.html

http://www.bankrate.com/yho/news/cc/20011115a.asp

http://www.bankrate.com/brm/news/insurance/apro7_supreme_court_a1.asp

CONSUMER ALERT

The U.S. Supreme Court upheld a federal law that says consumers whose credit rating is damaged because of an error by a credit reporting agency HAVE ONLY TWO YEARS from the time the error is made to file suit.

The Supreme Court also upheld the decision to base your insurance rates in accordance with your credit score.

Corporate Money ball - Keep an eye on your credit report and vacation time. If you have a bad number, you could get zapped from the short list for a job!