OCR, What is it?

Have you ever wondered how credit bureaus deal with the over 20,000 dispute letters they each receive every day?

Do you think they also have thousands of employees to entertain each dispute and decide on an action to it? Nope! Otherwise the company will be spending money just to deal with the disputes alone.

So how do they get around this? Well, they employ a high technological program to do the monotonous job of reading and responding letters. This is called Optical Character Recognition or OCR.

OCR is the name of a certain computer’s programs  ability to read letters, understand the contents and choose an appropriate reply or action based on a programmed set of conditions. Isn’t this amazing?

Computers can now do the things that only humans used to be able to perform. On the other hand, questions about this piece of technology should arise regarding its accuracy.

How does OCR affect a dispute? Can we really trust the system? Does it make a lot of mistakes? What happens to my dispute if it can’t be read by the OCR computers? How does it benefit us, the consumers? I also asked these questions the first time I heard about this. Now, I know the truth is that it only helps the credit bureaus profits.

It is true that computers can do a lot nowadays, but there are still a number of things that can’t be resolved through predetermined solutions. Although reasons for disputes can be common, every credit disputes still requires an individual investigation according to law.

This automation that the credit bureaus use only helps them be more efficient and more profitable.  Using OCR is like allowing the machine to make decisions that might create a negative impact on our lives? Does that seem legal? An individual investigation done  automatically?

The Credit Bureaus use systems  like OCR and E-OSCAR to speed up the process if disputes, and even turn the credit dispute into a profit center.

When looking to correct your credit report it is important to understand the systems you are up against. You must also know how to beat the systems the credit bureaus set up to get your disputes processed by human hands.

Now, for sure you are asking how you can get your dispute letter hand-reviewed. There are well-guarded tactics that can make this possible. To know more about this, please leave enter your name and email in the form located on our home page at www.CreditSolutionGroup.com then schedule your free credit consultation for more detail on how to beat the credit bureaus.