This may remind you of your school records in elementary or high school when your history seemed t be passed along from teacher to teacher. Negative information stays in your credit report for years and there is little you can do about it. Like a reputation, good credit is fragile. The key to derogatory credit accounts or negative information is how quickly it can be removed from your credit report. Depending on the type of bad credit account and what happened with it, negative … [Read more...]
So You Screwed Up, How Long Does Negative Information Stay On Your Report?
May 18, 2009 By Leave a Comment
What is a Credit Freeze?
May 15, 2009 By Leave a Comment
A credit freeze allows an individual some control on how a consumer reporting agency allows access to your credit report and credit history. With the rise of identity theft, a “credit freeze” is a tool that can allow you to block your credit file from anyone who tries to open a new line of credit with your vital information. Anyone who has spent months, if not a year, unraveling fraudulent use of their credit will tell you that the inconvenience of putting a credit freeze on your credit … [Read more...]