Join Our FREE Start Repairing Credit Challenge: http://startrepairingcredit.com/Credit repair is confusing… on purpose.If you don’t know which law applies in which situation, you’ll send the wrong letter, contact the wrong entity, and never see results. That’s why today, I’m breaking down the difference between the FDCPA (Fair Debt Collection Practices Act) and the FCRA (Fair Credit Reporting Act).Collectors and bureaus rely on people getting confused. Use the wrong law, and you lose your power instantly. But cite the right law, know exactly which statute they’re violating, and speak their language, and suddenly, they have to take you seriously.By the end of this episode, you’ll know exactly how to use both laws to get results and stop getting played by collectors and bureaus.Let’s jump right in.P.S. Join the #1 event to grow your credit repair business: http://creditrepairexpo.com/Key Takeaways:00:00 Intro 01:15 Credit Repair Is Confusing… On Purpose 02:09 FDCPA vs FCRA 05:03 FDCPA Explained 06:32 FCRA Explained 07:33 Real World Examples 08:55 My Final Point 09:34 OutroAdditional Resources:Get a free trial to Credit Repair CloudGet my free credit repair training This Reporting Violation Could Help You Remove Student LoansMake sure to subscribe so you stay up to date with our latest episodes.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related