My Credit Report

Gloria Smith asked: Credit scores play a vital role in a person’s financial life. They can make or break your chance of obtaining a mortgage loan, a credit card and other types of loans. For home buyers, a credit score is important in the home buying process as well as in determining the lender’s interest [...]

Hyder Khan asked: A lot of companies out there tout the claim that they can “fix your credit report legally” these days. But what does that actually mean? What does it mean to say they can “fix” your credit report “legally”. The phrase almost sounds like it has a a shady connotation to it, doesn’t [...]

Beth Pardue asked: There are three main credit bureaus in the United States; Equifax, Experian and Trans Union. Each bureau collects your personal and financial information which is then sold to lenders such as banks, credit unions, credit card companies, mortgage and auto loan lenders. Your credit report is the product of this collected information. [...]

Zach Ford asked: Your credit score, commonly referred to as a FICO score, is a numerical representation of your current and past financial tendencies. Essentially this score is used to show potential lenders exactly how likely you are to make your payments on time. The higher your score, the more trustworthy you will appear to [...]

Tom Tessin asked: College students today spend a lot and do not keep a track of their expenditures. Such students find student credit cards very helpful. They are very useful and at the same time beneficial too. Before applying for this type of credit card, consider your financial needs.Financial institutions give these credit cards to [...]

Chane Steiner asked: A bankruptcy can have a devastating effect on your credit score. A bankruptcy listing on your credit reports to many lenders is the only thing they need to see to determine you are completely unworthy of credit.Many people will tell you that it is impossible to remove a bankruptcy from your credit [...]

Ann Born asked: With the FTC, you or anyone you know can answer the question “How can I get a copy of my credit report”. No matter where you live, whether in New York or Los Angeles, you will have no problem obtaining a copy of your credit report and without ever having to leave [...]

Gary Bunn asked: Your credit file is a document that presents a complete picture of your financial situation, both past and present, and is the primary deciding factor that leads your creditors to accept or decline your applications. So you can clearly see how important your credit report is! It’s also really important that you [...]

Ann Richter asked: When a bankruptcy appears on your credit report, you feel as if you have to get used to being denied credit or a loan because of it. You have been told that this information will stay on your credit report for a maximum of seven years, too. For a while now, you [...]

Darren Dunner asked: Thanks to the Federal Fact Act, consumers nationwide are now able to get annually a free copy of credit report.Why order for a free copy of credit report?You credit report is actually your credit history for a period of time. Even though it is just a three-digit number but it has great [...]