Accurate Credit Reporting is Important to People. Many Americans Are Enslaved to Credit Reports That Are Keeping Them From Getting Ahead in Their Lives.

Accurate credit reporting is so essential in obtaining a home, buying insurance or seeking employment. Yet the credit reporting industry is full of inaccurate information.

Most consumers do not have a clue as to how a credit score is determined, and the formulas for determining credit scores are kept very secret by the three major credit bureaus that all compete with one another to show the highest profit margin at their annual shareholders’ meetings.

Meanwhile, the consumer is being bounced around and allowed this or denied that based upon information that may be totally incorrect, and at the very least it is likely to be full of inaccuracies that usually pull his score down, which ultimately makes Americans subject to abuse of an unjust system.

The banks want to have all the negative data on an individual that goes back farther than it should, and the credit bureaus thrive on supplying negative information.

These elitists score you as they desire with the basis for scoring kept well-hidden, and they then use the score to control and manipulate since they can state that this person does not measure up and therefore should be treated as an inferior.

The “inferior” person is then charged outrageous interest; if they are even able to obtain a loan, they are penalized with points in obtaining a home, often denied employment, and either denied insurance or forced to pay very expensive premiums.

All of these abuses imposed on a citizen perceived as ”inferior” will bring or keep them down and make it almost impossible for them to climb back up the elitist ladder of success.

The special ladder of the elite is very rickety, full of holes and loose nails at the bottom, but it is strong and new at the top.

Accurate Credit Reporting Needed

Accurate credit reporting has become so much more important since the use of the reports have become increasingly widespread.

Decisions that are made from the information on the reports have now expanded into areas well outside of the lending and financial industries.

Furthermore, inaccurate scores or entries on credit reports can and do result in unfair treatment of people who can cause unemployment, poverty and bankruptcy.

A person who keeps receiving denials or outrageous fees and premiums is denied the means of removing themselves from a financial crunch or other difficult situation and will fall down, often losing even the little bit of foothold that they have gained in their long climb out of debt.

Invasion of Privacy

The insurance industry has developed yet another way to squeeze that last dime out of you by now having access to your personal credit information and using that to either deny you insurance or charge huge punitive premiums if your credit score or report is not squeaky clean.

In addition, the manipulation of your credit by omissions or false reports, and the ability of the giant credit bureaus to determine your credit score based on their known and unknown criteria, allows for the elitist bank and multinational corporate owners to raise you up or push you down at their whim.

Should they get their way and bring in the New World Order they are planning?

The resulting increase in their abusive control over what should be accurate credit reporting will be wide open to their selfish manipulation.