Category Archives: Credit

If you have a charge off on your credit report, can it be sold and time start over?

bradly x asked: I have a charge off on my credit report, and it is about to be 7 years. The company recently sold this account. Does the 7 years start over?Carla

Posted in Credit | 4 Comments

The Benefits Of A Free Credit Report In The UK

Dave Joa asked: Today you can easily get instant access to a free copy of your UK credit report online.But what are the benefits of being able to see this record of your credit history and the other details that … Continue reading

Posted in Credit | Tagged , , , , , , , , , , , , , , | Leave a comment

Obtain Your Credit Report For Free

Mel Jensen asked: Every year consumers have the right to review their credit report for free. The Fair Credit Reporting Act (FCRA) requires that the three major credit bureaus (Equifax, TransUnion and Experian) provide you with your credit report. It … Continue reading

Posted in Credit | Tagged , , , , , , , , , , , , , , | Leave a comment

How long does a lien stay on your credit report after being paid?

islandgirl ever so blessed asked: I had a lien on my credit report, and I paid it about three months ago. It was still on my report, so I reported it to the credit beaura. They investigated it and said … Continue reading

Posted in Credit | Tagged , , , | 3 Comments

Personal Credit Report Erroneous? – Correct It!.

Abhishek Agarwal asked: You just discovered errors in one or more of your credit reports, or even worse, accurate references to late payments or other negative issues that lower your credit scores. Take a few deep breaths and try to … Continue reading

Posted in Credit | Tagged , , , , , , , , , , , , , , | Leave a comment

Why Should You Check Your Credit Report?

michelle asked: Why Should You Check Your Credit Report?Checking your credit report is one of the most talked about themes nowadays. You need to maintain your credit score at a healthy level especially at a time when you require a … Continue reading

Posted in Credit | Tagged , , , , , , , , , , , , , , | Leave a comment

My credit report show inquiries I did not initiate. How do I get them off my report?

Clarence asked: I was recently turned down for credit due to supposedly too many credit inquiries. After checking my report I found 7 in the last 3 months. I do not believe they are all mine. How do I have … Continue reading

Posted in Credit | Tagged , | 5 Comments

Is there a difference between the credit report a creditor sees and your full report on file with the 3 CRAs?

G-M-B-A asked: Correct me if I’m wrong but when you “pay for deletion” you are paying for any record of the debt to be 100% removed from the report that a potential creditor would see (like when you buy a … Continue reading

Posted in Credit | Tagged , , , , , , , , , , , , | 1 Comment

Report Card for the Fair Credit Reporting Act

Stuart Hunter asked: “It is the purpose of this title to require that consumer reporting agencies adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, and other information in a manner which is fair and … Continue reading

Posted in Credit | Tagged , , , , , , , , , , , , , , | Leave a comment

Free Credit Reports – Take Full Advantage Of The Free Credit Report!

Abhishek Agarwal asked: When a company is deciding whether or not to give you a loan, a mortgage or a credit card it checks your credit report. Your credit report contains information about every credit transaction you have made. If … Continue reading

Posted in Credit | Tagged , , , , , , , , , , , , , , | Leave a comment

How do I remedy a Credit Report debt supposed to have been assigned to my X Husband?

Jynjyr E asked: My X-Husband and I got a divorce, with it papers that stated as a contract that he would be taking two debts he incurred while we were married but these debts still show up on my credit … Continue reading

Posted in Credit | Tagged , , , , , | 4 Comments

Ghosts That Lurk in Your Free Instant Credit Report

Jeremy Englewood asked: It isn’t Christmas, but did you know that there may be entries in your credit report that are much like the ghost of the Christmas past? This is especially true if you make credit applications, even for … Continue reading

Posted in Credit | Tagged , , , , , , , , , , , , , , | Leave a comment

Free Annual Credit Report: Assess Your Credit Worthiness

Sophie Wilson asked: Your credit report holds importance when it comes to applying for loans. For getting a loan and prior to loan approval your credit worthiness is verified by your lender. So the credit report has a very crucial … Continue reading

Posted in Credit | Tagged , , , , , , , , , , , , , , | Leave a comment

I reported my credit card for fraud, and the bank put a derogatory mark on my credit report. Is that correct?

John B asked: I got a letter from a company their credit card database had been accessed illegally and that the credit card I used may be at risk for fraud. They recommended that I contact my bank to cancel … Continue reading

Posted in Credit | Tagged , , , , , , , , , | 3 Comments

Can credit bureaus report late payments after a sheriff sale?

David H asked: I had a foreclosure back in 1/07. My credit report shows the foreclosure; however, is reporting late payment after the sheriff sale. It shows the final date of 11/07. Is there anything I can do?Edward

Posted in Credit | Tagged , , , , | 1 Comment

The Fair Credit Reporting Act Guards Potential Home Buyers From Errors

Karen B asked: The Fair Credit Reporting Act, or FCRA, was made into law by Congress to make sure that the information on your credit report is legitimate. This Act gives you, as the consumer, many rights that you may … Continue reading

Posted in Credit | Tagged , , , , , , , , , , , , , , | Leave a comment

How can I check my credit report for free without signing up for a program online?

trrocks03 asked: I know there are dozens of sites that offer a free credit report where you must sign up for a free 30-day trial of some program that monitors your credit. Is there any site that doesnt need this … Continue reading

Posted in Credit | Tagged , , , , | 5 Comments

How do potential creditors track your spending via credit report if you don’t carry a balance on your cards?

kaine7 asked: Most credit advice websites say to use your cards but pay off your balance so it shows your cards are still being used. They suggest this is somehow good for your credit. But if you pay off your … Continue reading

Posted in Credit | Tagged , , , , , , , | 4 Comments