đŽ Tonight we're revisiting credit bureau secrets because I want to expose them for what they are! If you'd like to see if a real credit sweep would be a good fit head over to https://my740.com and schedule a call with me; I'll see if I can help.
You're about to learn WHO the credit bureaus are, WHAT a credit report is and WHY this is important.
Here's the reason we're reason we're going over this again:
Most consumers have no idea what business the credit bureaus are in or what their purpose is, which makes their credit repair process totally frustrating and causes them to give up quickly instead of pursuing results the right way.
If you understand that the credit bureaus are in the DATA business and that they have a conflict of interest (they profit off your inaccurate credit report data and have zero interest in removing it), then you'll also remain persistent when they come back with stall tactics, scare tactics or even straight out lie to you or ignore your dispute letters.
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âď¸ Video notes
Hey guys, welcome to another exposing the truth video. Now, this is ruffling a couple of feathers. But this is stuff that you guys need to know. And I spend a lot of money and a lot of time on researching and informing you of the stuff that you really need to know about the process because you can leverage this information to get your results by having this knowledge and acting with it. Right. So we're looking at once again, how the credit bureaus made dealing with the creditors or the furnisher difficult. So a couple of things that you need to really understand is that the Bureau's own the entire system, the whole system, know what I'm talking about? We're going to go one by one is that okay? What industry? What is the business of the Bureau's? Obviously it's a financial industry, but what is their business? They are in the data business, right? So they maintain these huge databases with my information, your information, your mom's information, you know, if you have adult children, their information, if they have credit, all that kind of stuff. It's in these massive databases where they obtain maintain and sell information, right. So they own those databases, they own the entire system. And not only that, but they own the matching algorithms that come up with your credit report. Okay, so a credit report. And a lot of people get this misconstrue your credit report is a query that is run on this database, kind of like when you go to Google, and you put in how to make stuffed peppers, it's going to run a query on a massive database of websites, and blog posts and videos, so on and so forth. And it's going to give you partial and full matches, and it will even tell you if it's a partial match, it will say missing, whatever your keywords were right. But it's a partial match. So it came up in your results, your credit report is no different. Okay? So the reason that you also have partial information on there is because of these matching algorithms that they write, because you have to remember that more data is more profitable for them. So you might find that there's a secondary data birth or a secondary last for the social or, you know, Bob Smith, three streets over is also in your credit report, but he's your Bob Smith the second and he's Bob Smith, Jr. Whatever it is, there might be other information on there that does not belong to you. And that's because of these algorithms and these formulas that the Bureau's write themselves. Okay. So not only that, but they own the metro to format the metro to is what tells the the creditors how to report the data. And wisely, they own and control the training materials and Doc's that for all this stuff, right the system, the database, the matching algorithm in the metro to format. So I mean, if that wasn't enough, like I said, the metro to tells the creditors how to report your information, right, your accounts and your data and all that kind of stuff. And in the metro to this is very important. Whatever you're doing, please stop, put it down, grab a pen and paper. This is very, very important. The Metro two, and this is quoting from excuse me from the metro to and I quote, only inaccurately reported consumers should be deleted and quote, only inaccurately reported consumers should be deleted directly from the metro to that the Bureau's own and control. Think about that. Just think about that.
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Please watch: "How to Dispute & Delete ANY Credit Report Account"
https://www.youtube.com/watch?v=Uwh8BDMMmOs
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