Fix Credit Report

Posted on Sunday, 20th December 2009 by Admin

Credit Tip! Get a copy of your credit report. Take advantage of the free government credit report from each of the National Consumer Credit Bureaus: Equifax, TransUnion and Equifax.

It is important to keep track of what is on your credit report by checking it at least once a year. With the amount of free online credit report companies, it is relatively easy to secure a copy of your credit report and make sure everything on it is accurate. However, if you are planning to apply for a home loan, you should obtain a copy of your credit report before you talk to your lender and obtaining just one credit report might not be enough.

Credit card companies and lenders report your account activity to the three national credit monitoring bureaus, TransUnion, Experian and Equifax.

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Posted on Friday, 18th December 2009 by Admin

Identity theft and Fair Credit Reporting Act (FCRA)
The threat of identity theft and how consumers might prevent it are two good reasons why consumers should understand their rights under consumer legislation such as the Fair Credit Reporting Act (FCRA). The 2007 Identity Fraud Survey Report released by Javelin Strategy and Research found that the number of U.S. adults who became victims of identity fraud dropped significantly from 10.1 million in 2003 and 9.3 million in 2005 to 8.4 million in 2007.

Consumers can find more information about the foregoing study and other privacy rights information at PrivacyRights.org. When consumers take charge of credit, they can protect themselves from some instances of fraud. Read more…

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Posted on Tuesday, 15th December 2009 by Admin

Credit Tip! 2. Pay your bills on time. One of the most important things you can do to improve your credit score is pay your bills by the due date. You can set up automatic payments from your bank account to help you pay on time, but be sure you have enough money in your account to avoid overdraft fees.

Knowing what is on your credit report is important and with the plethora of companies that offer instant online credit reports for free, getting a copy of yours is easier than ever. There are good reasons to take advantage free online credit reports, but with anything that contains your personal information, there are reasons to be cautious.

Benefits of getting an instant online credit report

Having instant access to your credit report can come in handy.

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Posted on Friday, 11th December 2009 by Admin

Tip! Determine what you can cut back on. means work and you will likely need to give up on some stuff so that you can improve your situation.

Many companies are selling credit repair secrets, credit repair “kits” and other information about credit issues. They are able to sell this information, because everyone wants good credit, many people have bad credit and most people do not know where to go for information or who to contact if they need help.

Tip! Learn About Credit And Credit Repair.

One of the credit repair secrets that companies are selling is information about obtaining your credit report. You are entitled to a yearly free copy of your credit report. Eac

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Posted on Monday, 7th December 2009 by Admin

Credit Tip! Even accurate data in your credit report must be deleted if it’s not verified.

Free Credit Reports are Your Right!

You’ve seen the ads: Get your free credit report here! The hard sell seems excessive since the report is free, right? Read the fine print. The Free Credit Report companies require a credit card that will not be billed as long as you cancel this service within 30 days of registering. If you forget to cancel in time, you may be required to pay over $20 a month for a listing of all your credit obligations, past and present.

This does not mean that you shouldn’t take advantage of the opportunity to review your credit report. Regis

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Posted on Friday, 4th December 2009 by Admin

Ever wondered why your credit report information and 3 credit scores vary?  If you have ever looked in detail at the your credit report information and 3 credit scores from each of the three credit reporting agencies, you know that your credit report information and 3 credit scores can and usually do vary. If you wondered why, here is the simple answer:

Why your credit report information varies:

• Different business & credit reporting agency relationships – each bank, credit card company, mortgage company, etc have different credit reporting agencies they update on a regular basis. In many cases, each company does not update all three of the credit reporting agencies.

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