Credit Repair And Credit Bureaus - Myth Uncovered
Well, in my opinion the credit bureaus will not want you to know this information. Those companies and the big money banks working with them would like you to keep thinking what you think and believing what you believe. However, what you don’t know can hurt you to the tune of a bunch of money. No one wants that.
Where credit bureaus are concerned, there are essentially two sets of “truths.” On the one hand, there is the fairly meaningless happy patter they want you to believe, which you can find repeated in just about every credit-related book and Internet site. And then, of course, there’s the real truth which I’ll shortly elucidate.
So what are the current beliefs? The point of this message is to wipe away the accepted norm that has been created by our friends TransUnion, Equifax, and Experian. Let’s get you back up to speed on the truth and save you some of your hard earned cash in the meantime.
Myth: There are three official credit bureaus, and these beloved and vital American institutions maintain accurate records regarding the financial lives of every adult citizen.
Where do I start? That myth is so riddled with falsehood I’m not sure what to tell you first. But I’ll give it a go.
First, the so-called “big three” consumer reporting agencies with which most Americans are familiar
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