Credit Woes? Here's Some Real Advice

Well, that very pretty girl's beloved Mum is concerned about all the talk about more revisions to the credit industry. It seems like every week a new expert or financial guru pops up on television, radio or the Internet with new information about FICO, credit reporting and finances.

The latest one to all of a sudden do a reversal is financial "guru" Suze Orman. I don't agree with with a lot of so-called financial advice that she gives. Why? Well, I'm going to exercise my 1st Amendment Freedom of Speech Rights. Suze is a parrot of the banking industry and she goes with the flow. She seems to be a shill for FICO. As far as I'm concerned, FICO should be run out of town on a third rail because it doesn't help people, it punishes people, especially folks of the World War II generation that grew up during the Great Depression, who know the value of a good, old fashioned savings account. The WWII generation didn't grow up on the "fantastic, plastic card" like the rest of us. However, according to the genius of FICO many of these wonderful (and now senior citizens) folks are punished because "their credit scores aren't high enough" and the bank, credit card company or insurance company has jacked up their interest rates and insurance premiums for "not having a FICO score in the 700s". Ms. Orman has been a willing participant in the FICO game. According to her and the CEO/President of Equifax, in order to boost your FICO score to the 700-800 range, you have to go out and apply for credit, borrow money, go into debt and for the majority of people, pay interest. It's all a bunch of B.S.

Are there reliable and qualified programs out there? The answer is a definitive YES! Where can you get a quality education regarding credit reporting errors, debt collection abuse, identity theft matters, knowledge of your legal rights under the Fair Credit Reporting Act, Fair Debt Collection Practices Act, Fair Billing Practices Act? Log on to www.findlegalforms.com and click on the link Credit Report or Credit. Give yourself the power of knowledge and education by a credit expert with 19 years of experience as a consumer credit, debt collection, ID theft specialist. Ellen R. Day, LLB, JD, is a consumer rights advocate and legal investigator.

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