Why Some People Never Have Problems With Credit Bureaus
By By James Printon1
Credit bureaus watch all of us all of the time. If wesimply turned over our homeland security to the creditbureaus we would have a huge staff dedicated to stoppingterrorists rather than finding out whether we have a handleon asset management or not.
Of course what I am saying is facetious; we do not need ourcredit companies watching anything else period. What I ampointing out is that whatever our situation there arepeople who keep an eye on our asset management.
And just as the law enforcement people sometimes drop theball when it comes to keeping out the terrorists; sometimesthe credit bureaus drop the ball and mess up our creditreports.
In fact law enforcement has thousands of individuals andorganizations scrutinizing everything they do. A policeofficer is aware that he is always on display. These creditbureaus are never 'on display' they operate behind thescenes. Also they gather far more information about peoplethan law enforcement ever could.
You would never allow somebody to come into your home andlook through your papers would you? You wouldn't let thepolice ask you about your asset management any more thanyou would let them look at records of your speed on yourcar. But that is what we do every day with the creditbureaus.
They look into every aspect of your life and finances. Ourtaxes, wages, outflow and income are all looked at by thesesame people. These people have power over whether you get aloan, buy a house or can get a job. Why would we allowthese shadowy people these powers? Because we often don'tunderstand the situation or how much power these peoplehave.
When we look at our asset management we need to understandthat the credit bureaus are looking at it too and they haveno intention of letting us know what they are doing. Theyare doing their best to keep us in the dark about our owncredit scores, who they talk to and why. When was the lasttime a credit bureau told you that they were sending yourscore to someone?
Jame Printon has worked in big companies all his life. Amajor issue in those companies is asset management. Over anumber of years James developed excellent asset managementskills, and now shares his experience in a series of usefularticles.