| Comment Number: | 514719-00040 |
| Received: | 3/18/2005 12:53:54 AM |
| Organization: | |
| Commenter: | William Carroll, Jr |
| State: | GA |
| Agency: | Federal Trade Commission |
| Rule: | Notice of Proposed Study on the Effects of Credit Scores and Credit-based Insurance Scores on the Availability and Affordability of Financial Products |
| Docket ID: | 3084-AA94 |
| No Attachments |
Comments:
I believe I am one of many victims of First USA/Bank One's apparent practice of retaliating against consumers, who had to discharged their debts in bankrupcy, to artificially lower the credit scores of a large percentage of Americans through incomplete and incorrect credit reporting. First USA/Bank One continues to report Chapter 7 discharged balance and as collection/chargeoff with no mention of the bankruptcy, destroying the FICO scores. Even after contacting the credit reporting agencies for correction, First USA/Bank One continues to report the incorrect information as accurate. The is a malicious attempt of retaliation on consumers who have unfortunately had to discharged their debt in the U.S. Bankrupcy Courts. Please read the press release below: http://prweb.com/releases/2004/3/prweb113432.htm