Perverted Credit

Health care is the big topic of today as it very well should be. No one can deny that health care is another industry that is ran by awful, corrupt corporations. Insurance companies have never had any type of regulation to stop illegal acts to consumers so the time has come for change.

The insurance industry however is not much different than the credit industry. For many years creditors have been able to violate consumer’s rights and the one government agency (state attorney general’s office) that is supposed to regulate these companies instead support their dishonest acts. Anyone who has filed a complaint to the Colorado attorney general when a collection agency has violated their rights knows that nothing is done to protect consumer’s rights. It is becoming common knowledge that the collection industry is a dirty business and the government that regulates them is just as dirty.

I see how hard Obama has to work for what seems to just make sense. I know that doing anything in our rapacious credit industry will be just as hard but I know that with people coming together to fight this can and will make the change “for us” happen.  I am willing to lead and do whatever it takes and I feel so passionate about this that even if I have to I will do it alone.

9-news reporter Jace Larson did a coverage on people who had purchased their home, lost it in foreclosure and then sold literally everything that was in that house from toilets to doors. My concern on stories like this is that 9-news did not do a full investigation to find out the whole truth. And in turn got this family kicked out sooner because the lender got a restraining order against them to stay away from the house. The questions come to mind – how long were the people in the house and how many payments were made? What did the lender do (if anything) to try and help them? Why would 9-news report a half-ass story? Could there be lenders (banks) that sponsor 9-news?

Obama went to speak with credit card CEO’s and this is truly sickening. AWESOME for Obama and I commend him for taking action on this – but these banks are outright lying %$@#$#@ who have the balls to go on the air and dare to say that people who do not pay their bills on time are the ones affecting the consumers who do. The fact of the matter is even the people who do pay their credit cards on time are being screwed by the credit card companies. Wachovia reported a rather large gain in profits this week and do we want to even know how they managed that? Could it be by charging illegal fines and fees to consumers who should not have had to pay this anyways? Obama wants the FTC (Federal Trade Commission) to regulate credit card companies but this will not do a bit of good. The FTC regulates the three major credit reporting agencies Trans Union, Equifax and Experian. Need I say more of how this will not bring about any more regulation then there already is?

Consumers truly are not stupid by any means – but they are misinformed and uneducated. You need to know the truth and listening to the credit card companies or banks will not get you the truth. I am going to start making posts letting all consumers know what the truth is and you can take it or leave it.

Every piece of media out there needs to just STOP. You do not have a clue as to what you are saying and you are leading people COMPLETELY in the wrong direction.

9News – Stop advocating consumer credit counseling. CCCS does not know anything about consumer rights. The night of February 24 you broadcasted “watch 9news in the morning and learn about your rights” with your credit. That made me happy. I thought – FINALLY they are going to tell people about their rights in the credit industry. However when I saw the next morning that you were advertising consumer credit counseling I thought I was going to die. Consumer Credit counseling is a joke and knows absolutely nothing about consumer rights. The only thing they care about is hurting consumers for a profit and lying to consumers for a profit. Please get your facts straight before broadcasting that you know how to “help” consumers. I have been in the credit industry for over 15 years. Throughout the years I contacted Consumer credit counseling and believe me – they do not know the difference between the Fair debt collection practices act – the fair credit reporting act – the billing act. As a matter of fact – they do not even know what these laws are. Within THESE laws are the rights that consumers have – the consumers “Bible” if you will. If you- 9news truly care about consumers; get someone who really cares about them – NOT CCCS.

Gerri from CNN – you have some of what you say right. However; what you need to realize is although the attorney general is “supposed” to govern collection agencies – most of them do not. I have fought the Colorado attorney general for not doing their job. As a matter of fact – the Colorado attorney general receives payoffs from collection agencies to NOT do their job and protect consumers. Third party agencies are a nasty business and something I am STILL working on to this day to get changed. I am a thorn in klaura udis’ and paul chessin’s side and will NOT stop until something has in fact been done for consumers. The right way; for them… not me, not cccs, not the dirty Colorado attorney general – FOR CONSUMERS.