The FACT Act of 2003:  Notice and Request For Public Comment On the Effects of Credit Scores and Credit-Based Insurance Scores on the Availability and Affordability of Financial Products #514719-00040

Submission Number:
514719-00040
Commenter:
William Carroll, Jr
State:
Georgia
Initiative Name:
The FACT Act of 2003:  Notice and Request For Public Comment On the Effects of Credit Scores and Credit-Based Insurance Scores on the Availability and Affordability of Financial Products
I believe I am one of many victims of First USA/Bank One's apparent practice of retaliating against consumers, who had to discharged their debts in bankrupcy, to artificially lower the credit scores of a large percentage of Americans through incomplete and incorrect credit reporting. First USA/Bank One continues to report Chapter 7 discharged balance and as collection/chargeoff with no mention of the bankruptcy, destroying the FICO scores. Even after contacting the credit reporting agencies for correction, First USA/Bank One continues to report the incorrect information as accurate. The is a malicious attempt of retaliation on consumers who have unfortunately had to discharged their debt in the U.S. Bankrupcy Courts. Please read the press release below: http://prweb.com/releases/2004/3/prweb113432.htm