Credit & Collection LegislationHomeSearch Search:goSearch by usernameMenuMembersCalendarHelpNot logged in - Login | RegisterCredit & Collection LegislationRegistration is disabled because this is not a discussion forum.Credit & Collection LegislationForumsSelectedPopularRecentForumTopicsPostsLast PostFAQFAQWhy, what, how?Registration is disabled, as this is NOT a discussion forum.12Sun Oct 14th, 2007 05:00 amby Christinein Why I started this new forum Credit Scoring Fraudware (FICO scores, PLUS scores, etc.)Fair Isaac rates UNDATED late paymentsHow can ANY late payment be reported without a date?12Tue Jun 26th, 2007 09:48 pmby Christinein Apparently an UNDATED late payment rates as if an account was late 1 year ago Fair Isaac FICTITIOUS lates on Equifax reportsThis is a fully documented FICO credit scoring software bug -- the impact on FICO scores can be devastating and disputes with Equifax are futile because Equifax is NOT reporting these late payments.24Tue Jun 4th, 2013 04:28 amby Christinein 3/19/13 myFICO STILL creates fictitious late payments Bizarre FICO ScoresCollections get deleted, score goes DOWN11Tue Mar 6th, 2007 04:36 amby Christinein 1/22/07 TU FICO score -- 663 -- 3 collections and one 30 day late payment Amendment of the Fair Debt Collection Practices Act (FDCPA) needed - URGENT!Collectors need to DELETE disputed collections prior to validationCurrently, the FDCPA requires that collectors report a collection as DISPUTED after receiving the consumer's dispute.The dispute notations are IGNORED by FICO scores!11NoneCollectors need to NOTIFY consumers of collectionsMOST consumers find out about collections when they get their credit report.Collectors MUST notify consumers 45 days PRIOR to obtaining the consumers' credit reports and reporting the collections11Sun Oct 14th, 2007 04:14 amby Christinein 7/5/06 Focus Receivables collection call, extorting $250 with threats of credit reporting The subprime mortgage crisis: LIES, incorrect credit reporting, regulators' refusal to enforce lawsThe regulators REFUSE to enforce consumer protection lawsI have been submitting my complaints about false mortgage advertisements for years to the California Department of Real Estate.They never once took any action and instead IGNORED my complaints.11Fri Jun 15th, 2007 12:37 amby Christinein 3/18/05: My California DRE complaint about the Lower My Bills false advertising Federal law to allow recording of sales and collections callsWe need to preempt state laws prohibiting the recording of calls unless all parties are notified to STOP the lies and abuse by marketers and collectors and we need STATUTORY damages for misrepresentations.LIES are the #1 reason for the subprime crisis!11Mon Jun 11th, 2007 04:15 pmby Christinein The only way to PROVE the lies, abuse and harassment is to RECORD the phone calls NEW legislation needed to PROHIBIT change of terms due to low credit scores
WaMu 26% rate due to credit without any derogatory dataThis topic was about C