It is too bad more young people do not understand the importance of their personal credit report and how it can affect the next several years of their life. Too many times there are people making bad choices, which are affecting their credit and brushing it off as no big deal. But the fact of [...]

There’s no reason for a person to feel defeated when up against a bad credit report.  Although it will surely take a lot of time and effort to rebuild the credit report into a more respectable history it can certainly be done.  There is no reason why a person with horrendous credit can’t eventually have [...]

Debt is consuming. Thousands of Americans fall into the trap of racking up debt that is extremely difficult to pay off. But don’t be in despair; if you’ve found yourself in that trap, there are options for repairing your credit.
When people hear credit repair, a lot of them think of credit repair kits or debt [...]

Payday loan companies have been receiving an awful lot of attention in the press lately.  As gas prices soar and consumers are feeling the financial crunch more people are trying to find alternate ways of making it through with enough money to the end of the month. In a perfect world everyone would have more [...]

The old saying, “things can change overnight” unfortunately does not apply when it comes to repairing credit. Depending on the severity of the credit report it can take years to bounce back and achieve a respectable score, and it’s no easy task.  If the credit report is full of errors it will take some real [...]

Under the FCRA, both the consumer reporting company and the information provider (the person, company, or organization that provides information about you to a consumer reporting company) are responsible for correcting inaccurate or incomplete information in your report. To take advantage of all your rights under the FCRA, contact the consumer reporting company and the [...]

It might surprise many people to know that when a claim is disputed on a credit report, that the individual that is requesting a dispute investigation is all on their own as far as defending their position in dispute. There are federal laws about what a credit reporting companies may do, which is the Fair [...]

When you have delinquent accounts and collections on your credit report, you usually aren’t left with very many options.  You can pay the account in full.  In most cases, this isn’t possible.  If you were able to part with the full amount of the debt then you more than likely would have paid it months [...]

A credit inquiry essentially is an item that appears on your credit report to show that a business has requested a copy of your report.  For the business to make a request for your credit report, there must be a permissible purpose.  Various businesses have a permissible purpose for checking your credit report.  Potential employers [...]

A credit reporting agency is an institution that collects information about people throughout the U.S. and tells banks, finance and insurance companies, businesses, and even employers, how credit worthy an individual is. Having a good credit score is imperative in today’s society, more so than it has ever been. However, to keep the reporting agencies [...]