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Valued Member
Posts: 59
Registered: ‎02-20-2012
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60 minutes tonight on CBS about the Credit Bureaus!!

Enlightening segment about how filing a dispute, gathering and sending info for an investigation, does NOTHING to help the consumer!!


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Regular Contributor
Posts: 180
Registered: ‎12-08-2012
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Re: 60 minutes tonight on CBS about the Credit Bureaus!!

I know the current system the bureaus use to verify stuff is worthless but this same flawed system has also helped millions of people get bad accurate information off there reports as well and for the smart one's it's a fresh start so really who's to blame. It goes both ways really.

 

 

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Valued Contributor
Posts: 3,302
Registered: ‎06-09-2010
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Re: 60 minutes tonight on CBS about the Credit Bureaus!!


SE7EN57 wrote:

I know the current system the bureaus use to verify stuff is worthless but this same flawed system has also helped millions of people get bad accurate information off there reports as well and for the smart one's it's a fresh start so really who's to blame. It goes both ways really.

 

 


While the system is flawed because it has become automated in my opinion (much cheaper to have software running it, then actually having employess doing it). Being automated has no human interaction, and can in no way be beneficial as the software can not distinguish things properly. When you ask to have a dispute removed, since it has to be sent to an automated system, you actually have to request a dispute to remove a dispute. How that makes any sense and usually does not get the dispute removed is beyond me.

 

Greed is the key to most flawed systems.

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Regular Contributor
Posts: 153
Registered: ‎01-24-2013
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Re: 60 minutes tonight on CBS about the Credit Bureaus!!


sherakay wrote:

Enlightening segment about how filing a dispute, gathering and sending info for an investigation, does NOTHING to help the consumer!!


wow!!! wouldve loved to see this episode. does anyone know if this episode can be found online anywhere?

Started January 2013 in the lower 500s
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New Member
Posts: 1
Registered: ‎08-24-2009
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Re: 60 minutes tonight on CBS about the Credit Bureaus!!

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Regular Contributor
Posts: 236
Registered: ‎01-02-2010
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Re: 60 minutes tonight on CBS about the Credit Bureaus!!

here the link to the show today.

 

http://www.cbsnews.com/video/watch/?id=50153672n

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