Fix Your Credit – The Credit Dispute Process

Monday, May 25th, 2009

Credit bureaus are not governmental agencies.  They are really big corporations that are certified to bring together, keep, categorize and release individual financial information, and to make a profit giving the information to anyone who shells out for it. The services and the information that credit reporting bureaus make available mainly benefits the banks and [...]

Fix Credit – Challenge Credit Report Items

Friday, May 15th, 2009

Credit firms are not tax-funded organizations.  They are effectively big businesses that are authorized to amass, file, categorize and disseminate your personal financial information, and to earn revenue offering the information to those who pay for it. The services and the data that credit reporting bureaus give mainly assists the banks and other lenders that [...]

How To Move Towards A Good Credit Rating

Sunday, November 9th, 2008

Chevron credit card As of this year, there’s a new credit rating model known as “FICO 08.” The new model will be more forgiving of people who may have slipped on one payment but are otherwise in good standing. It also eliminates young students who wish to “piggyback” on their parents’ good credit by appearing [...]

How Foreclosure Affects Your Credit Report

Thursday, November 6th, 2008

improve credit scores This year, 5.5 million homes went into foreclosure proceedings and 5.5 million Americans will lose their most valuable assets, their equity and their self esteem. Following a foreclosure, one’s credit report is marred for seven years or longer, even if there was clear credit before that incident. One instance of foreclosure will [...]

Ideas To Know What To Do With Your Credit Information

Monday, October 20th, 2008

your credit score When you ask for a student loan, try to get financing for a car or apply for a mortgage, the lender will look at your credit information. They will look at the numbered score in the credit scores range from 300 to 850, high scores being the best, then at the rest [...]