People often experience problems when contacting reporting agencies about their credit reports. When this happens to you most of the time, then it could be a tactic by the agency to prevent you from reaching them. But since you need them to solve problems on your report, it is in your own interest that you are not barred or delayed.
According to the Fair Credit Reporting Act, the law ensuring that reporting agencies practice in fairness, agencies can only block a limited number of calls and are allowed to keep a caller on hold for a limited time. If these are violated, then you have a right to take legal action. Sometime in year 2000, Equifax, Transunion and Experian were made to pay fines totaling $ 2.5 million for delaying millions of people for unreasonably long periods and barring a large number too.
The reporting agencies will only take your attempts at contacting them for granted because they believe that you do not know your rights in the credit system. When you choose to repair your rating, you have either of two ways to go so that your rights will not be abused by agencies. One way is to spend some time learning the laws regulating the industry. The second way is to consult a professional repair services firm to help do the entire task for you.
What you will be saving if you choose the do-it-yourself method is money, in addition to increasing your score and putting your rating in good state. But if you prefer to pay a professional firm for the repair task, you will be saving quality time in addition to them getting the job done for you.
Whichever of the two methods you choose, it is legal for you or the repair firm to know and take legal action if bureaus are blocking calls or placing holds for unreasonably long periods and not adhering to the Fair Credit Reporting Act.
Visit do-it-yourself-credit repair or credit repair services to learn more on raising your credit score 200+ points to get approved for car, home and credit card loans.
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