Congressman Lacy Clay and Donna Perkins

Congressman Lacy Clay and Donna Perkins photographed at an event August 5th as a fundraiser for Congressman Clay's reelection.  At this event, Ms Perkins was representing the National Association of Credit Services Organizations (NACSO), the organization that scrutinizes and monitors the best practices of those Credit Restoration firms who voluntarily participate for the good of the industry.

Ms. Perkins serves as a member of the Board of Directors of that organization, and as the chair of Membership.  It is vitally important that the general public understand the kinds of things going on in the industry.  That is why, as a board member, Ms. Perkins supports Congressman Clay who is working with other members of Congress towards a solution.

It is well known, and now documented by 60 minutes, that the three credit reporting agencies:  TransUnion, Equifax, and Experian are attempting to influence Congress to change the consumer protection laws in their favor.  They want us to believe that we would be better off if THEY are the only ones who can solve credit report problems.  But consider this:  if the people who gather the data, decide what information to use, then arbitrarily decide what your credit score will be, then report different information to the lenders – have control over fixing their broken system, how will the public benefit?  Can you say "wolf guarding the hen house"?

Congressman Clay is gathering infomation to take back to committees that he sits on or chairs in order to formulate an answer to this outrageous request by the 3 bureaus.  If they are allowed to have their way, all people in the US will suffer.  The banks who lend money to us rely on the information provided to them by the 3 bureaus.  If it is not accurate, every American will be allowed less and less credit.  The way our banking system sits today, that means that the 3 bureaus will make more and more money selling their data to the banks.  The banks rely on the 3 bureaus for accuracy, and recently on 60 minutes, it was reported that 40 million mistakes are to be found within the 3 credit reporting agencies.  Ms. Perkins and others involved in the credit restoration business, are dedicated to working out a solution to this conundrum.  See 60 minutes video here:  60 minutes:  40 million innacuracies.

Donna Perkins

With 23 years in the business of credit restoration, and more than 110,000 happy customers, KC Credit Services can solve your credit report problems.  Contact us today!

In an "industry sponsored" report

If phone numbers to offshore to people without the ability to do anything for the customer, and PO Boxes are provided that go into a dead letter hole (and the PO box numbers are often changed without notice, so your request goes to the dead letter file at the USPS), then how is a consumer to get justice and change for their credit reports?  Working with a company like ours, with nearly a quarter century fighting for your rights and WINNING!  Give us a call today to learn how working with KC Credit Services can benefit you.

Donna Perkins

At one time, hundreds of websites were advertising that they could get you a new substitute EIN number with a new address, for the sole purpose of setting you up with a new identity.  In this way, your "bad credit" history would be bypassed, and you could start over.  Many people paid hundreds of dollars to these firms in hopes of getting that new financial life.

Then the Federal Trade Commission got involved, and put a stop to that practice for one reason…it is illegal. 50 of those firms were charged with crimes, and in this way, the word got out that to sell this type of service would get you in serious trouble.  Here are some of the ways that these firms set people up for a new identity:

PIN (personal identification number):  a pin was a "made up" number.  Using nine digits with the hypens in the right place, people starting using this new number as a social security number.  It was thought that by having at least one merchant accept this new number, it could be considered legitimate.

CPN (credit privacy number):  a CPN is a nine digit number, also "made up", that looks like a social security number. 

While both of these practices are actually legal in the formation of them, using them with any kind of lender is considered fraud.  Defauding a lender is a serious crime, punishable with fines and jail time.  In fact, in the case of using an alternative to a valid social security number for a mortgage, the fine can be $100,000 and  up to 30 years in jail for federal cases, and more for state cases.

In these uncertain times, you are much better off working with a credit restoration specialist who can assist you with cleaning up your credit report using your original social security number.  Using the Fair Credit Reporting Act, a seasoned expert can show you what needs to be addressed.  Remember, you have the RIGHT to dispute innacurate, incomplete, misleading, and aged information from your credit report.  By removing those negatives, your score can improve.  A credit restoration specialist can coach you on how to fight these inequities and win!  They can also provide you with strategies and information about adding positive lines of credit to your credit file.  CLICK HERE to get started today!

After this cleanup has been completed, and even during the process, there is one LEGITIMATE way you can stop using your social security number to personally guarantee loans for houses, vehicles, credit cards and more.  If you have a buisness, or have been considering starting one, then you can follow our plan to get you a Federal EIN number, and eventually a DUNS number.  Dun and Bradstreet is the premier purveyor of business credit monitoring.  Getting an 80+ PAYDEX score will assist you with putting everything you buy into a company, guaranteed by that company.  This frees up your personal credit, so it can remain as good as possible for the future.

To learn more about how you can get business credit started for yourself, CLICK HERE.

Donna Perkins

The purpose of the new report is to give lenders an advantage by providing non-traditional sources of information about your financial habits before applying for a mortgage.  Those will include:

• property ownership and mortgage obligation records
• landlord/tenant transactions and evictions
• alternative lending activities
• borrower-specific public data, such as:
• judgments and liens
• tax assessments
• bankruptcies
• child support obligations

And all this information is updated within 23 days of transaction.

This is a good reality check about your own credit report.  Since 85% of credit bureau reports have errors, now is the time to work with a credit restoration specialist to assist you in cleaning up your credit history, so it can be as accurate as possible, before you apply for a mortgage.  Not just mortgage loans, but auto loans, credit cards, signature loans, student loans…any kind of credit you may need for your family.  To learn more, CLICK HERE.

Donna Perkins