Consumer sues Bank One/First USA for Deliberate Violations of the Fair Credit Reporting Act
PRweb.com has a real nice program and it is very affordable. I paid $41 and as of right now it has been viewed 4,324 times and it was picked up 181 times by media outlets.
PR Web: "This number estimates the number of times your press release was picked up by a media outlet. This does not tell you how many times your story appears in the media. It simply represents an enhanced interest in your story by a media outlet."
Well good. They're looking, and while the media has been refusing to cover credit scoring (too complicated), maybe this is simple enough to get some coverage.
I also added the scans of the reporting to the release, am hoping that will help readers understand the issue.
It's not just about Randy, it's about the fact that Bank One INSISTS that their reporting of discharged balances is ACCURATE.
Obviously, the purpose of a Ch. 7 is to ELIMINATE the debt, and therefore any reported balance is false.
From the news release:
"Is Bank One retaliating against consumers who discharged their debts? Or are they part of the organized effort by the credit bureaus, Fair Isaac and Capital One Bank to artificially lower the credit scores of a large percentage of Americans through incomplete and incorrect credit reporting?"
THAT is the billion dollar question.
Posted by Christine at March 25, 2004 12:44 PM