| Comment Number: | 522110-00035 |
| Received: | 5/18/2006 5:14:01 AM |
| Organization: | FineLine Drafting |
| Commenter: | Steven Martinez |
| State: | CA |
| Subject: | Procedures to Enhance the Accuracy and Integrity of Information Furnished to Consumer Reporting Agencies |
| Title: | Advance Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Parts 660 and 661 |
| No Attachments |
Comments:
I guess it would be silly of me to honey coat anything here as it not in my nature to do so anyway. In a nutshell, the FTC is an Impudent organization who's main purpose is to make up silly laws and then blame everyone especially the states for not enforcing them. They make great laws, like the one that grants Credit Bureaus the right to hand out your credit report to whom they feel has a legitamate need for it, like 50 different mortagage co. and the brothers, then have the balls to take away points from you for too many inquires. I called the FTC and actually got to the forth layer of management. This guy was dumber than the prior three, could not quote me any laws, had no idea what to say to a person who had evidence and Law i hand and wanted to know what to do about it. He did the same ol thing and turned back to the states, " I have no say about it it's up to California. This all regarding my student loans all being dumped on my wifes report because she co-signed. According to the wordage by the FTC Is States IF for any reason this loan goes into default them all dues and late fees and amount fall to the Co-signer saand then say it MAY go on here / his credit record....large words that IF, and MAY..it says noting about putting them on her report now...These really sunk her scores from 680's to know under 600. I just don't get it. REFORM NOW! is my battle Cry. Steve Martinez