Sentences with phrase «dispute over the accuracy»

Dear TJ, The «100 - word statement» first came about as a way for credit bureaus — Equifax, Experian and TransUnion — to comply with a Fair Credit Reporting Act (FCRA) requirement that some recourse be available to consumers following an unsuccessful dispute over the accuracy of credit report information.

Not exact matches

People are frustrated by the lack of a workable appeals process over disputed items and the fact that consumers — not creditors — bear the burden to prove the accuracy of credit information.So it's no surprise that a major legislative proposal has surfaced on Capitol Hill that seeks to disrupt much of the American system of gathering, reporting and using credit information, including potentially significant changes in the credit scores that lenders use to evaluate most home mortgage applications.

2) Credit Rating Scores range from 300 to 850 Below 599 is considered bad 600 to 649 is considered poor 650 to 699 is considered fair 700 to 749 is considered good Over 750 is considered excellent 3) The formula used to determine Credit Rating Score 4) Get a copy of your 3 Credit Reports 5) Review your credit reports for accuracy 6) Correct personal information errors 7) Correct negative information errors File disputes to have questionable negative information removed 9) Have collection agencies delete collection information when paid 10) Compare credit card companies

Lex Machina, as the name suggests, claims to be able to assist businesses or lawyers by using computers to predict with great accuracy the outcome of a dispute over IP.