CREDITWRENCH-TheTruth

The Fair and Accurate Credit Transactions Act (FACTA) is a Federal Law that became effective in Dec 2003, with certain provisions taking effect as recently as last year. It is essentially an amendment to the Fair Credit Reporting Act, and among other things, is an aid in the prevention of identity theft.

Among it's provisions are:

• Gives consumers a right to receive free credit reports
• Allows for disputes directly with data furnishers
• Provides guidelines for the destruction of data, including emails, that contain personal information.

This Federal Law affects every single business that operates in the U.S. CREDITWRENCH as a business is subject to its provisions. (Though operating outside of the law is nothing new for CREDITWRENCH CEO Billie Bauer.)

All business must follow FACTA guidelines when disposing of consumer information. Those businesses that don't are subject to substantial fines, as well as civil remedies.

CREDITWRENCH CEO Billie Bauer recently admitted he doesn't know anything about FACTA, in fact he further admitted he didn't know it was a law.

This fact poses the question of how he handles information about his "students", how he stores such information, and how he disposes of it. He cannot possibly be handling such information in accordance with Federal Law if he doesn't know the law exists.

Before you consider becoming a CREDITWRENCH student, consider what might become of your personal information that you provide to CREDITWRENCH, such as your phone number, address, creditors, ets.

Much more later on the implications of CREDITWRENCH CEO Billie Bauer being unaware of laws with which his business must comply.

The NACA has proposed certain rule changes to the CFR, which affects what's commonly referred to as FACTA.

Has CREDITWRENCH CEO Billie Bauer provided this very important proposed rule change on any of his "thousands of blogs"?

Of course not. He's too busy posting pictures of his mates (goats), and worrying about my blog's position in google.

However, I have provided these rule changes proposed by NACA here, and on numerous consumer forums, as always, free of charge. They aren't available on the Creditwrench message board at all. No surprise there. Though you can sign up for internet TV so Billie Bauer can collect a whopping $14.00 commission.

Creditwrench students haven't received a copy of the proposed rule changes. Except the former students who regularly email me. They got it for free.

It's comical that CREDITWRENCH CEO Billie Bauer continually maligns the importance of google relative to the search term Creditwrench. Though he posts in forums everywhere that people should do a google search in order to "check him out."

Quite contradictory in itself don't you think?

Yesterday, CREDITWRENCH CEO Billie Bauer was up early to do his own daily google search on the term creditwrench, and suddenly began posting in everyplace he could imagine that this blog was dropped from google. "Nowhere could he find this blog on google" he exclaimed.

However, the reality hit shortly after all of his usual false and misleading posts. Much to his chagrin, google was merely in its shaking out phase of positioning websites, and lo and behold, this blog moved from #4 to #3 on google for the search term creditwrench.

Suddenly CREDITWRENCH CEO Billie Bauer became very quite and subdued. Kind of like he'd been hit over the head with a hammer.

This blog, that a year ago he claimed would not even show up in search engines, that would go absolutely nowhere, suddenly is #3 on the #1 search engine in the world for the term creditwrench.

Hell, his flagship creditwrench site doesn't do any better than page 5.

Just an FYI Billie Bauer Beaver Power, I'm not going away. Deal with it.