Getting Mistakes Fixed on Your Credit Report Just Got Easier
What would you do if you found out your credit score had suddenly dropped for no apparent reason? You’d probably check your credit report looking for mistakes, and if you found one, you’d dispute the error, of course. Before, complainants would submit their paperwork to the credit reporting company, which would assign […]
Employers Cannot Check Your Credit Score
Your three-digit credit score is a go-to indication of your trustworthiness that banks, credit card issuers, and car dealerships all use to help predict the likelihood of you repaying a loan. This myth is so pervasive for two reasons: 1. People Are Using “credit Score” And “credit Report” Interchangeably. 2. Employers […]
How to spot fraud on your credit reports
You find wrong information on your credit report. A mistake here could also be due to something as simple as a transposed number. It could mean your credit information has been mixed up with someone else’s. Sometimes it’s hard to tell if a credit report error is an honest mistake […]
My Credit Is a Mystery. Where Do I Start?
Theres no denying the fact that credit has become a fundamental part of our financial lives. It influences how much we pay in interest on auto loans, mortgages, student loans and credit cards. It also influences our insurance premiums, deposits on utilities and rent, and in some cases, it can even impact […]
A Step-By-Step Guide to Disputing Credit Report Mistakes
The information in your credit reports is whats used to create your credit scores, so you dont want to let mistakes on your credit reports potentially throw your credit scores out of whack. An FTC study released today shows that one in five consumers have errors on their credit reports and […]
Fear of Credit Reports
Whenever we face a potentially threatening situation, our first and most basic choice is whether to face up to the problem, or push it out of our mind. In principle, everyone believes in confronting problems, but in practice we avoid them all the time. We don’t do so because we’re crazy, we do […]