Dear Consumer:

My name is Dave Pippin, CEO of FutureTech Financial, Inc., an Orlando, Florida-based consumer and business credit consulting company. I have been helping consumers to improve their personal credit for over 26 years. Over that period of time, I have helped a countless number of people boost their credit scores in order to realize the American Dream of homeownership. Many have also wanted to start their own businesses. I am at a point in my professional life where I would like to help many, many more people, but this time at no cost.

I am forming an organization to persuade the 112th Congress to make significant changes to The Fair Credit Reporting Act, The Fair and Accurate Credit Transactions Act and the Fair Debt Collection Practices Act. These acts govern all of the information that is contained in consumer credit reports.

As many of you know from personal experience, there can be huge, financially devastating issues with negative information contained in a consumer’s credit report. I am working to have significant changes made in the aforementioned laws that will greatly tighten the reins on Credit Reporting Agencies, Creditors, Collection Agencies, and government-insured student loan institutions.

Even more importantly, I would like Congress to enact a law that shortens the period of time a negative account can be reported on a consumer’s credit report, from 7 years for paid tax liens, collection accounts, foreclosures, and judgments, and 10 years for bankruptcies — to just 3 years for each. By shortening the reporting period to 3 years, many consumers can recover from the recent recession more quickly and be able to borrow again much sooner. This alone would undoubtedly boost our economy simply because of the increase in housing and retail sales.

Simple economics tells us that, as housing and retail sales increase, JOBS, JOBS, and more JOBS will soon follow. Small businesses can get back to hiring and expanding, which benefits just about everybody in America.

I cannot imagine a single special interest group or political party in our great country that would not support lowering the reporting periods for negative credit from 7 and 10 years to 3. Having said that, I could really use YOUR help to persuade our Congressmen and Congresswomen in Washington to do the right thing.

With your help, OUR cause can start with the signing of a petition that I call “CREDIT LAW REFORM NOW!” which will be forwarded to all members of Congress. My goal is ONE MILLION signatures over the next 90 days! I know this is no small task, and I'm going to need each and every person receiving this e-mail to pitch in and do their part.

So I'm once again urging you to help me reach my goal of collecting 1,000,000 signatures on the "CREDIT LAW REFORM NOW!" petition. Your support really does make all the difference, and I cannot thank you enough for taking the time to sign our petition.

Sincerely,

Dave Pippin

CEO FutureTech Financial, Inc.