Legal Credit Repair Facts

16.10.2008 | Author: Deepak Shrivastava | Posted in Education

The burden of proof rests with the credit report agencies. Equifax, Experian, TransUnion, and any other company that specializes in recording and reporting your personal data must verify that the data they have is true and accurate. If that cannot be verified, then it must be removed from your record.

Surprisingly, more than 70% of credit reports contain serious errors! If credit repair were not legal or it was a scam, then what should you do? Live with these errors on your credit reports? I once ran into a widow whose husband had passed away over six years prior.

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