The Federal Government needs to reform the three major credit reporting agencies to ensure better communication and accurate reporting of consumer credit ratings.
The corporate greed does not stop at charging fraudulent fees but they damage consumer’s credit ratings if they don’t pay these fees (They don’t owe).
Credit Card Companies, Mortgage Companies, Banks, Cable-Internet-Cell Phone Service Providers are among the worse.
They charge hidden fees and if you dispute them they report negative information about you to the credit reporting agencies.
This business practice has got to “STOP”.
Americans are struggling hard enough without the corporate greed making it harder by charging anything they feel like and suing you if you don’t pay it or damage your credit ratings.
STOP THE GREED!