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Consumer Protector: Allstate financial empowerement program for victims of domestic violence

by Emily Peters on 06/01/2006

Occasionally, CreditBloggers.com highlights the work of a consumer advocate, politician or organization that is doing good work to protect or educate consumers. In the past, we’ve highlighted the Anti-Phishing Working Group, Senator Russell Decker, and other consumer agencies.

Today, we’re highlighting the Allstate Foundation Domestic Violence Program. This program is currently developing a financial empowerment curriculum to help victims of domestic violence establish their credit, guard against identity theft and find financial assistance.

In a press release issued today, the Allstate Foundation reports that access to money is a major hurdle for people escaping an abuser.  Domestic violence victims may have no credit cards, income or savings in their own name and are at high risk for having any accounts they own misused by their abuser. Financial education provided in shelters and local organizations can help victims of domestic violence to successfully establish a new life away from their abuser.

You can learn more about the Allstate Foundation Domestic Violence Program or donate to the National Domestic Violence Hotline online. Share your feedback in the comments section below.

Comments

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L September 27, 2006 at 12:59 PM

I am working on a refinance of home and buying out our chap13 after 36 months. In reviewing our credit I found that EXperian,Equifax,TU are reporting to credit info brokers through the major bureaus information but on our normal consumer report they are not reporting at all.
All our reports came directly from the major bureaus and do not have the same information as the reports being supplied to the info brokers.
Why is this? and what can be done to assure our consumer reports carry the same accurate data as the mortgage industry uses to make loan decisions.
Also why will Equifax, TU, report but Experian will not to info brokers or consumers?
I can buy my scores from Experian which are meanless to use in financial matters I found out when I submitted them.
Since Experian is not owned by a US company it appears they are causing confusion for consumers?
Anyone who is looking for money knows you need three scores and the middle one is picked to use for your rate and if you cannot come up with two scores above 500 you can’t get anything… yet Experian has one product that they will sell you with a score to put scores above 500.
It is impossible to get any financial deal done without paying a high price on interest. It appears Experian is discriminating and just trying to sell there own product in the USA which no bank,mortgage or auto,retailer will accept when you present edvidence of scores about 500 which includes one from them.
This is makes you look really dumb when you go to purchase and find Experian scores you buy are useless?
The others have products like Experian but appear to more accepted because they use FICO.
Does anyone have information on these subjects.

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