I just realized that ACORN (Association of Community Organizations for Reform Now) is a huge organization, dedicated to fight predatory lending, for a living wage, etc. There's a TON of great stuff on Household and Wells Fargo:
It's VERY strange that they ignore the credit reporting and scoring system, so I sent them a quick e-mail:
Hi,
I just searched your site but can't find much about credit reporting. Considering that the #1 reason for predatory lending is low credit scores, I'm wondering why I don't see anything about credit reporting and scoring.
My Phoenix district court complaint against 28 defendants including Fair Isaac, the CRAs, creditors, collectors and the FRB RIchmond, FTC and FCC as well as the Motions are published at http://forum.creditcourt.com/discus/messages/803/803.html, the chronological documentation is at http://www.creditsuit.org/.
As much as I applaud your efforts, it seems to me that as long as the defective credit reporting system forces consumers into high rate loans, nothing will ever get better.
You fight for a living wage, only so that people then can spend $200+ every year to monitor their credit reports?
Don't you realize that many people pay higher insurance rates or get declined because their credit scores are low?
See http://creditforum.org/forumdisplay.php?s=&forumid=22 for relevant documentation, and here is a scanned USAA notification of higher insurance rates due to credit scores: http://forum.creditcourt.com/discus/messages/1414/1523.html
Am I missing something?
Christine Baker
c: posted at CreditSuit.org
Posted by Christine at July 28, 2003 06:23 PMI just want to let you know that ACORN has basically dropped doing anything about Household, regardless of what is on most of their website. They now suggest that people settle for the ludicrously small amounts from the $484 Million being distributed by the states. They have now turned their attention to Wells Fargo and left Household victims hanging.
I can think of several things: 1) they were paid off; 2) they were scared off; 3) they really think it's hopeless; 4) they can now get more publicity out of nagging Wells Fargo.
I'm bitter because several months ago they were telling folks NOT to sign the settlement agreement paper and give up the right to sue. They did a complete turnaround. I am fuming. I always thought they would be there for us Household victims. Sorry if I sound mad but if you lost your house, your credit rating and almost your sanity, you probably would feel the same.
An auto dealer made a minimum of 4 hard pulls without permission on both my hubby's and my credit files and it looks like we are going to have to go it alone in trying to get deletions/sue. Guess who is on there with the auto dealer: Household Automotive.
I wish you all the luck in the world. You deserve to win. These scumbags have done enough damage. Household needs to bite the dust.
Posted by: Sharon Hutchinson at August 29, 2003 02:05 PM