I just came across a post that  was pretty disappointing in a big way. The reason I found the post so disappointing was the fact that it is ran by some big names in the credit business and I would like to think they are names consumers can trust for good, honest advice.

I was wrong! I think the advice is very bad and I think the website was set up to make a profit by using those names to earn trust and then abusing it.

The post I came across was a review of a book titled “How to outsmart the credit bureaus.” Let me state from the beginning I’m not a fan of the title either. I have not read the book, but I’ve seen hundreds just like it. There is no such thing as outsmarting the bureaus. There many laws you may not be aware of to protect you, but outsmarting credit bureaus is just plain bullcrap and I wouldn't recommend the book based on it's deceptive title alone. Anyway, back to my ranting.

The review I found was here and there are several statements that are just straight out wrong, or lies. Being who she is I'm sure the latter is the case. The first inaccuracy is this statement. 

“There is nothing you can legally do to remove accurate information for your credit report before the set expiration date.”

If they had any real grasp of the laws (or any real concern for being honest to their readers) they would know they are wrong. We do it every single day. For example, information may be accurate, but if collection attempts were illegal it’s about 20.00 to get it removed in small claims court in many cases.

Another little bit of wrong information is this one.

“But negative data, no matter how much you would like to see it gone, can't be disputed and removed before the expiration date.”

And again here;
“Rule 4: You can't dispute inquiries.” Um what?

And finally…
“If you sign up for a credit repair program, the best case scenario would be nothing happens. The worst case scenario is that your credit is destroyed, you're broke and you've broken the law.  Credit repair is illegal for a reason.”

I can only conclude two things from these statements. Emily Davidson (a former transunion employee ) is a liar, or needs to find a new career. The link she refers to when inaccurately stating Credit Repair Is illegal is here. Now, I'm no genius but do you see the phrase credit repair is illegal anywhere in that document?

Credit repair is 100% legal and that fact is solidified by The Credit Repair Organization Act (CROA). CROA was set up by the FTC to set standards for Credit Repair Companies. Granted, some credit repair companies may act illegally, but credit repair itself is not illegal you idiot!

After reading this book review and almost puking on myself, I decided to have a look around the site to see how much inaccurate information (or lies) there was. Here are a few things that I found right off the bat.

Let’s start with their Credit Score service. It takes you via “affiliate ID” to Truecredit.com

But isn’t True Credit the one under serious scrutiny by government agencies for deceptive practices? Do not use truecredit or freecreditreport.com always use www.annualcreditreport.com. Had they really cared about their readers, they would have directed them to free, accurate information instead of the one that pays them for referrals.

Then I decided to fill out their debt settlement form. Another affiliate link and shortly after filling out the form I was contacted by Fidelity Capital Reserves who has 37 complaints in the last 3 years alone. Why would Credit.com make money off of consumers by sending them to a company who has what I call an atrocious track record?

At the very least they can make referral fees from a company that has an acceptable track record…I guess fidelity pays them more then honest companies do.

In conclusion, I think credit.com needs to stop their crap, be proud of their resumes and put self respect, integrity and the well being of consumers in front of profit.

I have a proposal for Emily.

Simply come to our offices where I will show you thousands of items deleted due to collector abuse. I will also show you the letters we’ve sent which were 100% legal and truthful. I will also show you thousands of inquiries deleted despite your comments “they cannot be disputed”.

I will pay for the flight down here. If you find your comments to be wrong,  post an apology and correction. If you refuse to except my offer which is presented in name of arming consumers with the facts, then my opinion of you stands. You're a liar and your lying to people who trust you to make a buck.