http://www.creditscorequick.com/blog/2008/10/23/ftc-targets-33-credit-repair-companies/ Keep Up to Date with the latest Credit News Mon, 08 Aug 2011 18:31:29 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.creditscorequick.com/blog/2008/10/23/ftc-targets-33-credit-repair-companies/comment-page-1/#comment-87 Anonymous Sat, 15 Nov 2008 15:10:00 +0000 http://www.creditscorequick.com/blog/?p=318#comment-87 As a loan officer, I was skeptical when I heard clients tell me about having factual data deleted from their reports, but I became a believer when I saw it done, time after time. I know one of the "scam" companies in this crackdown that has done an excellent job for my clients. The bottom line is that there is no law that a creditor must report to a credit reporting agency. If the creditor feels it is in their best interest not to report, that is exactly what they will do. As a loan officer, I was skeptical when I heard clients tell me about having factual data deleted from their reports, but I became a believer when I saw it done, time after time. I know one of the “scam” companies in this crackdown that has done an excellent job for my clients. The bottom line is that there is no law that a creditor must report to a credit reporting agency. If the creditor feels it is in their best interest not to report, that is exactly what they will do.

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