MyCreditGroup Achieves Fair Credit Reporting Act Certification

Program Conducted by Consumer Data Industry Association; Showcases Company's Commitment to Ethical Practices

SAN DIEGO, CA--(Marketwire - January 30, 2008) - MyCreditGroup announced today that its entire credit repair staff achieved the Consumer Data Industry Association's Fair Credit Reporting Act (FCRA) certification.

Marc Chase, of San Diego-based My Credit Group, advises consumers to avoid wasting time or money on credit repair companies that promote these kinds of tactics.

The effort underscores its commitment to practicing the highest degree of ethical business.

"Participating in this certification program is not only good for our company, but I believe necessary if our industry is to be given real credibility by financial professionals and consumers," said Marc Chase, founder of MyCreditGroup. "The credit repair business is often looked down upon because many firms have less than stellar reputations in customer service. It's our job to be the model for how credit repair service companies should operate, and we take this leadership position very seriously."

The FCRA certification exam is an interactive online training course designed to ensure companies and their employees that deal with the FCRA and consumer reporting issues understand the basic concepts and provisions of the law. The course curriculum is divided into six modules:
  • History of the FCRA
  • Consumer Reports
  • Disclosure
  • Identity Theft
  • Enforcement and Penalties
  • Taking The Final Exam
More information about the FCRA certification program is available at www.cdiaonline.org.

The Consumer Data Industry Association (CDIA) is the trade association for the credit reporting information industry. The CDIA, with Experian, Equifax, and TransUnion, is the creator of E-Oscar, the web-based dispute and verification system currently in use by the credit bureaus and participating data furnishers. The Fair Credit Reporting Act Certification Program has been developed by the CDIA to provide in-depth legal and procedural education for credit industry professionals.

About My Credit Group

Founded in 2000, MyCreditGroup is one of the most experienced credit repair and consulting service firms in business, and has helped more than 15,000 individuals to manage their debt and personal finances better. The firm's open and transparent customer service process covers every aspect of its operations, from how its fees are disclosed to how it empowers its clients to improve their personal debt management capabilities. For more information, visit www.mycreditgroup.com.