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CREDIT
Reporting |
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Test your Credit
Report knowledge
by taking this
quiz
If you pass or
fail, you should still take the time to review the
material in this section. It can save or help you redeem
your credit.
Your Credit Record: A
Report Card on Your Personal Finances
Your credit history
can affect your daily life—from where you live and work
to how much you pay for a loan or insurance. Here's a
guide to protecting your financial reputation.
What
Exactly Is a Credit Report?
A consumer credit report is a document that contains
a factual record of an individual's credit payment
history.
Read more.
What Is
In a Credit Report?
A consumer credit report contains four types of
information...
Credit Reporting Time
Limits
When negative information in your report is accurate, only the passage
of time can assure its removal.
Should I Check My Credit Report?
We all know we should check our credit
card statements every month for charges that we haven't
authorized. But that only catches the thief who uses an
account you know you have.
Who Can Access Your
Credit Report
Questions and answer about who can access your credit report and what
you can do about it.
5 Reasons to get your Credit Report
If you're still not convince that checking your credit
report is the "credit healthy" thing to do, here' are 5
more reason to consider.
Getting a Copy of Your Credit Report
There are different circumstance under which you may want to get a
copy of your credit report. It is the circumstance, that will
determine weather or not the report is free or if you have to pay for
a copy of it.
You Can Get a Free Credit Report From the Credit Bureaus
in Limited Cases
There are certain
circumstances in which a consumer is entitled to one
free credit report. They are as follows:
CreditCheck Monitoring Service
Checking your credit report regularly is crucial to catching and
correcting inaccuracies before they cause a problem.
Improving Your Credit
Report
The better your credit history, the more likely you are to qualify for
the best credit deals.
Monitoring Your Credit Report
to Help Guard Against ID Theft
Do you know how you, with
the help of credit reports and credit bureaus, can help
spot or stop the theft of your identity?
Removing
inaccurate information
Credit bureaus
collect and sell your information. Sometimes, this information is in
inaccurate, incomplete, or even fraudulent.
Removing Information from Credit Reports
Authorized
users share all the effects of account notations with
the primary account holder-bad as well as good.
Working Through The Dispute Process
So, you've found some inaccurate information on your credit report.
Now what? Here are the steps you should take when disputing an
inaccurate notation on your report.
as follows:
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4 credit
reports tools to match your needs |
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CREDIT
SCORING |
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What
is Credit Scoring
Credit scoring was
first developed in the 1950s, but has come into
increasing use in the last two decades.
Credit
History 101: The ABCs of Credit Reports and Credit Scores
If you're like many
consumers, you probably have questions about what goes
into your credit report and who uses it. Here is an
overview that we hope will address many of your
questions and concerns.
How is a credit scoring model developed?
To develop a
model, a creditor selects a random sample of its
customers, or a sample of similar customers if their
sample is not large enough.
How reliable is the credit scoring system?
Although you may think such a system is arbitrary or
impersonal, it can help make decisions faster, more
accurately, and more impartially than individuals when
it is properly designed.
What Factors Influence a Credit Score?
A credit score or credit bureau risk score is based on
information drawn from your credit report. About 30
individual factors are used to determine the score.
Simple Mistakes That Can Lower Your Credit Score...and
Cost You Money
Because so much
depends on your credit record and credit score, you
should be aware of the pitfalls that can tarnish your
financial reputation.
Understanding Your Credit Score
A low score can raise the price of
your loan and a very low score can mean denial of your loan
completely. Here are the approximate percentages that determine your
FICO Score.
How Can I Find Out My Credit Score?
It can be difficult. Currently, there is no law
requiring that credit scores be released to consumers,
and credit bureaus do not include the scores on copies
of credit reports provided to consumers.
Read more.
What can I do to improve my score?
Your
credit score can vary from month to month--even day to
day, sometimes. This is because it is calculated based
on the credit data available about you at the credit
bureau on the day the score is requested by a lender.
Read more.
Credit
Reporting and Scoring Tools
Get the
MOST COMPLETE personal credit information and Manage
Your Credit With These Four Products!
What happens if you are denied credit?
If you are denied
credit, the Equal Credit Opportunity Act requires that
the creditor give you a notice that tells you the
specific reasons your application was rejected.
Do You Know Your Credit
Score?
Get a grip on your
credit position with your credit report & credit score!
With personalized analysis and tips, you'll know what
factors are influencing your credit rating and what you
can do to improve it!
Don’t settle
for less – get your COMPLETE credit picture in
one easy-to-read, comprehensive report.
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Credit Reporting, Monitoring And Scoring
