Credit Report Archive for April, 2010

• “F” rating given to Clear Your Debt and Swift Rock Financial Services by BBB

  by Faye Mergel
  

  Austin-based debt settlement businesses Clear Your Debt and Swift Rock Financial Services received “F” ratings from the customer complaints based on the increasing debts and not living up to the expectations. This rating was given by the Better Business Bureau. Complaints to BBB were based on the Clear Your Debt and Swift Rock Financial Services not willing to lower the debts as promised to their consumers, although the businesses did make offers to settle the amount with a fee to … (more) April 11, 2010

• How to Fix Erroneous Information about your Credit Report

  by Karen Anderson

  At some point, you may find errors in your credit report that you obtained from one of the credit bureaus. For example, you would receive a credit report that showing up your debt-heavy brother’s information instead of your own. What you should do? Here are some credit report tips that you can perform to correct errors showing up in your credit report. According to the Fair Credit Act (FCRA), you have the right to complain errors in your credit … (more) April 9, 2010

• Annual Credit Report Vs Other Free Misleading Promotional Advertisements

  by Faye Mergel
  

  “Free credit reports” many credit bureaus through ads and promotions promise to provide and have the customer pay for something that is free. As the banners claim the report to be free, in reality not so. Consumers pay for this report as they use the promotional ads they see. Some consumers are also misled into paying for various services or products in exchange for their credit report. As per the Federal US laws it is mandatory for this credit report … (more) April 9, 2010

• A Positive Credit Report To Accelerate Your Career Graph

  by Faye Mergel
  

  The last reasoning on one’s mind for not being appointed for a job would be one’s credit report. Apparently it is a fact that many companies irrespective of the relevance check the credit rating and a detailed report of a new recruit before hiring them. If the report is not fit and has a few negative facts, the employer can use this as an excuse to not hire the individual. Many have questioned the need for this report being looked … (more) April 7, 2010

• Credit Report Advice at Your Service

  by Andy Snyder

  The vitality of credit reports couldn’t be denied. The information derived from this compilation of our credit histories, credit reporting agencies sought from credit card companies, lenders, banks and other financial institutions, reveals our debt management ability and worthiness to credit as reflected by our credit scores. The sensitivity of the data cradled by credit report, as we all know by now, is not an exemption for inaccuracies and anomalies. To address this issue, legal authorities provided us with the … (more) April 7, 2010

• Include the Credit Report for a Loan

  by Faye Mergel
  

  Including the credit report from your bank along with the application form while applying for a loan increases the chances of getting it approved. This is the result of a new survey that has been conducted by FRANdata. This company has experience of over three decades in collating the information of the banking and financial industry which is then analyzed by a team of professionals who come up with the results. The credit report of the bank helps analyze the … (more) April 5, 2010

• Bill Preventing the Credit Report From Being A Deciding Factor For Jobs

  by Faye Mergel
  

  You wake up one day into the world of sorrow, listening to a string of words quoting you’re laid off. Soon you are pushed into reality, and you realize you are among the 4 million people who are waiting for a job for over six months to ease your financial crisis. What do you do? The bills due roll in faster than ever. Your payments for car, house payments and utilities, your medical expenses crash on you when you’re most … (more) April 3, 2010

• FTC Amends Rules to Provide Easy Access to Free Credit Reports

  by Faye Mergel
  

  Federal Trade Commission of the United States of America announced on April 1, 2010 in its press release that it would be implementing a new rule effective from April 2, 2010. The amended rule would assist consumers in avoiding the existing confusion about various advertisements on ‘free credit reports’. These ads usually require the consumers to purchase credit monitoring and other credit-related services from the advertisers at a substantial cost. Very few people are aware that the credit reports are … (more) April 1, 2010