Credit Report News, Tips & Advice
Website CertifiedPrivacy Protected

Most Recent News in Credit Report News

  • Protect Yourself from Identity Theft Using Your Credit Report

    by Faye Mergel
    Protect Yourself from Identity Theft Using Your Credit Report

    Identity theft crimes have risen these past few months, and you certainly do not want to be one of the 9 million American credit users that are victimized every year. Fortunately, there are ways you could use to better protect yourself from identity theft. And one of them is using your credit reports to keep tabs on your credit information. Credit reports are financial documents that lists your accounts, balances, and your paying behaviour throughout your payment history. These documents … (more) September 11, 2010

  • Fixing Your Credit Report

    by Faye Mergel
    Fixing Your Credit Report

    There are just some times when you find a few errors in your credit report, and these kinds of mistakes could often cost you a loan you want to get or a job you want to have. If you find these kinds of faults in your financial document, then you need to fix them as soon as possible because doing so is a long and tedious process. A credit report is more than just a financial document. Whatever is listed … (more) September 9, 2010

  • Make a Better Review of Your Credit Report

    by Faye Mergel
    Make a Better Review of Your Credit Report

    Identity theft and credit hacking related crimes have grown more active these past few months, and you may never know if you are a victim of such acts. It is best that you check your credit report more carefully whenever you make the regular annual check-up to make sure that your credit information is safe. Any credit-using American citizens are entitled to view their credit reports for free every twelve months from each of the three credit reporting agencies Equifax, … (more) September 7, 2010

  • Financial Reform Bill provision to Reduce Credit Report Errors

    by Faye Mergel
    Financial Reform Bill provision to Reduce Credit Report Errors

    The information on a consumer’s credit report carries more importance and weight than most people take for granted, because whatever it is listed on the report would be used to affect the credit user’s financial situation. That is why legislators have added a new measure into the Financial Reform Bill to reduce errors on credit reports and further benefit their consumers. Michael Barr, Treasury Assistant Secretary, wrote a While House blog that revealed that consumers have filed an estimated 150, … (more) September 5, 2010

  • New Bill Aims to Lessen Credit Report Errors

    by Faye Mergel

    Credit reports are very important to an individual. The information found in ones credit report may help him build up a better financial support or may crumble down his or her finances. A credit report may also be the source of one’s promotion, renting apartments, increase ones chance in finding a better job, and in getting one an insurance policy rate that is right for him or her. Because of the very valuable importance of credit reports, members of the … (more) September 3, 2010

  • “Active Duty Alert” For Soldiers to Protect Their Credit Reports

    by Faye Mergel
    “Active Duty Alert” For Soldiers to Protect Their Credit Reports

    U.S. Soldiers who are being deployed outside of the country should not only be vigilant abroad, they should also be active in making sure that their credit reports that are left in the country would be safe from identity theft. With the increase of credit card hacking and identity theft related crimes these past few months, it is best that people be vigilant that their credit card records and banking statements are safe from financial fraud. And U.S. soldiers would … (more) September 1, 2010

  • Protecting the Country While Protecting Your Name

    by Faye Mergel
    Protecting the Country While Protecting Your Name

    Identity theft has been a problem of the county for a long time and has already affected over 11 million American citizens throughout the years. Identity theft is a crime wherein the criminal would use ones credit line or “identity” to pay for the items he or she purchased or for the services he or she acquired. In the United States, soldiers are the most susceptible people who have their identities stolen by these criminals. Soldiers who are destined overseas, … (more) August 29, 2010

  • Students Face Financial Charges At 18

    by Faye Mergel
    Students Face Financial Charges At 18

    A recent study conducted by one of the country’s largest loaning company for students, Sallie Mae, they found out that college student use about 4 credit cards to pay for whatever that is that they purchase. In study, it showed that a lot of college students are now facing financial charges since they could not afford to pay their monthly financial burden on time. According to the study, the median amount of students’ debts has increased in about 3 percent … (more) August 27, 2010

  • Threatened Woman Sues Debt Collecting Company

    by Faye Mergel
    Threatened Woman Sues Debt Collecting Company

    Philadelphia – threat has become one of the primary secret weapons of collecting agencies to force their customers to pay up their debts. A lot has already been harassed by these debt collectors and their threats have made the borrowers mouth quiet. However, a local woman, who has been threatened by a lending company, is ready to shut the company down. The woman, Seena Rosenberry, has been bugged by a lending company for weeks. She says she was very nervous … (more) August 25, 2010

  • Equifax Lost Case for Misleading Consumer Disputes

    by Faye Mergel
    Equifax Lost Case for Misleading Consumer Disputes

    New York – Equifax Information Service LLC has recently faced a law suit for failure to investigate and provide their side valid reasons in disputes on top of the correctness of their public files. The consumers who filed the case against one of the country’s largest credit reporting agency have won the law suit. In the judge’s ruling, by Judge Joseph H. Rodriguez, he said that the claimant, Bruce A. Summerfield, was enough to represent the consumers who have supported … (more) August 23, 2010

  • Students Should Start Building Good Credit History

    by Faye Mergel
    Students Should Start Building Good Credit History

    Students have a lot of necessities for their studies and school life. Books, tuition fees and dorm fees do not usually fit all in their part-time job salaries. Parents can’t at all easily provide the money for these expenses at once. The answer for covering all these expenses is credit all along. Students, whether under a personal or authorized user credit card, have their own credit history. Like with how teens handle auto insurance, not all adults consider young people … (more) August 21, 2010

  • Negative Items Appear In Credit Reports for Seven Years

    by Faye Mergel
    Negative Items Appear In Credit Reports for Seven Years

    One question that has been on-going for years is how long do negative items appear on credit reports. Many consumers fear that the negative items might affect them for years and that they delay the consumers’ plans to apply for credit or buy for a new car. Lawsuit or judgment stays on a report for seven years or until the statute of limitations are up. Information on bankruptcy stays for seven but could extend to ten years. Tax liens likewise … (more) August 19, 2010

  • Consumer Rights over Credit Report Disputes Revealed

    by Faye Mergel
    Consumer Rights over Credit Report Disputes Revealed

    Consumers may find their loan or insurance applications denied for being a risk borrower or client. Lenders or brokers may tell them that this is because the consumers aren’t worthy of the service because of their bad credit history. Consumers who believed they have a good credit score and credit proper behavior might remain at awe. Fair and Accurate Credit Transactions Act of 2003 or FACT Act aims to enhance the usage of credit information and provide consumers greater access … (more) August 17, 2010

  • Credit Report Check Now a Necessity

    by Faye Mergel
    Credit Report Check Now a Necessity

    The Fair & Accurate Credit Trans Act (FACTA) is a law that allows every American consumer to obtain a free credit report every twelve months. Many consumers are well aware of this, but many aren’t. The government, economists and even financial institutions advise consumers now and then of the importance of this annual check. Purposes of the check are to provide timely error correction and improvement of accuracy check on the reports. FACTA outlines the permitted reasons for using the … (more) August 15, 2010

  • Legislation Puts Limit On The Use Of Credit Reports For Hiring Decisions

    by Faye Mergel
    Legislation Puts Limit On The Use Of Credit Reports For Hiring Decisions

    Credit reports of a potential employee can be checked only if permitted to do so, says a recent legislation that is being passed to about twenty states in the United States. The legislation limits the ability of employers to check the credit history reports of their potential employees only after obtaining permission. Many employers state that the reports can tell a big picture about their future employees. The reports will tell them if the candidates are capable of embezzling funds … (more) August 13, 2010