In order to improve your credit score, it's important to know where your credit stands currently. By understanding how your credit report looks now, you can see what factors are driving down your credit score and what aspects of your credit needs work to increase your credit score. Your credit score is calculated based on the information in your credit report. Any errors or negative information in the credit report can push your credit score lower as can limited credit or limited … [Read more...]
Contact Credit Reporting Agencies
October 30, 2010 By Leave a Comment
There are generally two reasons consumers need to contact credit reporting agencies. Credit reporting agencies can be contacted to obtain a free credit report or the credit reporting agencies may be contacted to handle a credit report dispute. To contact a credit reporting agency in order to obtain a free copy of your credit report, the best method is to use the website set up to make these requests for all three of the major credit reporting agencies. The three major consumer credit … [Read more...]
Credit and Credit Scores after Bankruptcy
March 16, 2010 By Leave a Comment
Filing bankruptcy is a series decision that impacts an individual’s credit and credit score for quite some time. Bankruptcy doesn’t have to shut off credit access altogether nor does filing bankruptcy have to be significant detriment for financial success. There are certainly numerous cases of individuals that have filed for bankruptcy and rebounded stronger and gone on to create significant wealth. A bankruptcy is always one of the biggest negative factors that impact a credit … [Read more...]
Credit Repair Scams Halted by FTC
February 9, 2010 By Leave a Comment
In October, 2008 the Federal Trade Commission sent out a press release regarding charges brought against another credit repair scam operation. Credit report repair services that offer to repair credit for consumers have popped up across the nation. Unfortunately, many of these organizations fail to help consumers and in some egregious cases, violate the law by taking money in advance and deceiving consumers regarding the services they perform to improve credit histories and credit … [Read more...]