Understanding how to read a credit can be important when it comes time to review a credit report that may have been ordered as a free credit report or when credit report is ordered through a credit reporting agency to review the report and credit score or when someone may have to discuss the contents of their credit report with a creditor. How the information is displayed in a credit report will be different depending which credit reporting agency produced the report. However, the … [Read more...]
Credit Counseling Agency Cautions
January 28, 2010 By Leave a Comment
Using a reputable credit counseling organization can help some consumers get back on track with their financial obligations and help manage their budget better. Better financial management of existing debts will certainly help improve an individual’s credit history and credit score. But, credit counseling services are often not the solution they are advertised to be. Credit counselors should provide advice to consumers regarding managing money and debts, help develop a workable budget, … [Read more...]
Problems with Credit Repair Services
January 26, 2010 By Leave a Comment
There are numerous companies in the credit industry that target consumers who have poor credit with assurances that the company can clean up an individual’s credit to help improve their credit score or help them obtain a new loan. The sales pitches from these companies sound encouraging, especially for those individuals that have poor credit or have had a bad experience due to their poor credit and poor credit scores. Unfortunately, most of these companies can not deliver on their … [Read more...]
Different Credit Scores
January 18, 2010 By Leave a Comment
When an individual obtains a credit reports from one of the credit reporting agencies or from all three, they will see that there is quite a bit of information to digest. With more than one credit report, most of the information will be the same but there will also be some information that is different. The differences in some data from one credit reporting agency to another helps to explain why credit scores would be different from different credit reporting agencies. Unfortunately, … [Read more...]
TrueCredit.com Credit Report Monitoring Service Product Review
January 15, 2010 By Leave a Comment
TrueCredit.com is a credit monitoring service provided by TrueCredit which is owned by one of the big three credit reporting agencies, TransUnion. Credit report monitoring services monitor your credit report for any changes and notify you whenever certain change occur. Monitoring your credit allows a consumer to look for errors that may appear on their report, as well as unauthorized changes that may indicate fraud. TrueCredit.com and some of the other credit monitoring services also … [Read more...]