Negative Credit Reporting Has A Specified Statute Of Limitations

Negative credit must be removed from your credit report within a specified time period due to provisions within the Fair Credit Reporting Act or the FCRA that was enacted into law back in 1970. This law came about in order to...

Your Credit Score And the 3 in 1 Credit Report

All of the three major credit bureaus issue their own credit report. If you want a summary of all of the reports combined you can get a 3 in 1 report. The 3 in 1 report comprises the financial history of an individual or...

Who Can See Your Credit Report?

With or without permission? Did you know that a collection company who is trying to collect a debt from you can access your credit report without your permission? They do it to try to get accurate information about you, like your current address. Potential employers...

Barely Late?

And it can still show up on your credit report. Depending upon your lender and oftentimes depending upon your past history even a barely late payment can show up on your credit report, bringing your credit score down as much as 60 to 100 points. There...

The Truth About Free Credit Reports

While a funny jingle may play out in your head and help you to remember that you can get a credit report for free, you may want to think twice about getting that report from the people in the commercial for freecreditreport.com Because (big surprise!!)...

Surprising Things That Can Damage Your Credit

You would be surprised at a few of the things that can damage your credit.? Often we take measures that we think are best for our finances and our budget but these very same things can negatively affect your credit score. For example, if you...

Why You Need To Know Your Credit Report

A smart consumer will get a copy of their up-to-date credit report before making any major purchase that involves financing.? The reason for this is that a credit report and score can make or break your purchase and most credit reports do contain inaccuracies.?...

Misunderstandings and Myths About Credit Scores And Credit Reports

Can you check your own credit report without a penalty to your score? Does your income affect your credit score? Should you just close out a credit account to raise your score? Do all lenders use the same credit score and reports? Is paying cash for items a...