Thursday, February 24, 2005
CREDITWRENCH and credit repair
Today, in response to my blog entry immediately below this one, he stated:
people can and must force the information provider to remove their negative information from the consumers credit reports before attempting to get new credit
What CREDITWRENCH CEO Bill Bauer is advocating, not only in the above statement, but also on his credit repair web site, is to threaten to file a frivilous lawsuit in order to have negative information removed.
That is clearly credit repair, and identifies CREDITWRENCH as a business entity that engages in credit repair.
If there is incorrect information appearing on your credit report, there are laws such as the Fair Credit Reporting Act that provide for the removal of such inaccurate information.
CREDITWRENCH CEO Bill Bauer stating that he does not do credit repair is false and misleading.
Tomorrow, much more on this subject as it relates to Federal Laws.
