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Credit score reform petition

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  • Credit score reform petition

    I don't know if signing a petition does any good, but if I believe in a cause I will sign it and hope it helps.
    Please consider signing the petition, and passing the link on.

    WE NEED NEW LEGISLATION TO REVAMP THE CREDIT SCORE SYSTEM. IT HAS TOO MANY LIMITATIONS AND COSTS CONSUMERS, EMPLOYMENT OPPORTUNITIES, FRAUDULANT CREDIT IS IMPOSSIBLE TO REMOVE, THE BURDEN LIED WITH THE CONSUMER, THE SCORE ITSELF LENDS TO PREDATORY LENDING and INFLATED INTEREST RATES. SINCE A SCORE CANNOT POSSIBLY DEPICT THE populations true circumstances it must be deleted. Discrepanices are ongoing and are wreaking havoc. 7 and 10 years is TOO long to remain on a report. Health/Illness, Disgruntled Spouse, identity theft, alone warrants a revamp of the system. It is not helping anyone in its current format. CREDIT REFORM MUST BE IMPLEMENTED.


    Thanks,

    Bonnie
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