Thursday, September 1, 2016

Chexsystems dispute

Despite there have been a  lot of searches on the chexsystems dispute and the way of avoiding it, frankly speaking not all information provided from the internet are accurate enough to solve people's problem regarding chexsystems.

I'm thinking of providing a platform for everybody to share information and discuss on common issues which is far more effective. There have been a lot of forum discussing and talking about common chexystems issues however there is always opportunity to have better medium fro everybody gather their ideas at one place.

Of course no doubt forum is much more interactive and easy to post and get fast feedback but it also allows people to quickly share their opinions. I think shall come out with some ideas on getting new Chexsystems dispute ideas from all netizens out there as much as possibles.

Tuesday, March 29, 2016

Five tips on how to improve your credit bureau score

Paying back a smaller credit properly
An effective way to improve your own credit bureau score to take a smaller loan matures (eg for a mobile phone) and properly. Properly means exactly to follow in paying the payment plan - neither too late nor too early repay.

Pay all bills on time
The timely paying all bills has a positive effect on your credit bureau score. Therefore Pay all bills always within the specified period, and you will be rewarded with a good credit rating.

Announce unnecessary credit cards
Too many credit cards are not only expensive, they also lower your credit bureau score. therefore Announce credit cards that you do not really need, and you improve your credit bureau score.

let small errors corrected immediately
If you find an unauthorized entry into your credit bureau data, let change this immediately! Make sure your credit bureau data is always correct.

Avoid Multiple credit inquiries as
Warning: Multiple credit inquiries at different financial institutions may adversely affect your credit bureau score, as this may be considered a vulnerability due to lack of credit. Before you seek a quote, check whether this request is Schufa neutral. Ask if in obtaining the offer a "Request credit" or "request credit conditions" will be sent to the credit bureau, the credit institution. Only the "request credit conditions" affect your credit bureau score is not negative.
Learn more next week about the correct composition of your investment portfolio.

Sunday, March 27, 2016

Fixing Errors in a Credit Report


Anyone who denies you credit, housing, insurance, or a job because of a credit report must give you the name, address, and telephone number of the credit reporting agency (CRA) that provided the report. Under the Fair Credit Reporting Act (FCRA), you have the right to request a free report within 60 days if a company denies you credit based on the report.

Negative Information in a Credit Report
Negative information in a credit report can include public records--tax liens, judgments, bankruptcies--that provide insight into your financial status and obligations. A credit reporting company generally can report most negative information for seven years.
Information about a lawsuit or a judgment against you can be reported for seven years or until the statute of limitations runs out, whichever is longer. Bankruptcies can be kept on your report for up to 10 years, and unpaid tax liens for 15 years.
You can get your credit report fixed if it contains inaccurate or incomplete information:
  • Contact both the credit reporting agency and the company that provided the information to the CRA.
  • Tell the CRA, in writing, what information you believe is inaccurate. Keep a copy of all correspondence.
Some companies may promise to repair or fix your credit for an upfront fee--but there is no way to remove negative information in your credit report if it is accurate.

File a Complaint

If you have a problem with credit reporting, you can file a complaint with the Consumer Financial Protection Bureau (CFPB).

Saturday, March 26, 2016

Request your free credit report

Request your free credit report on below information which i get from the US gov website. This might help you get a free report to check your status now. Dont get fooled citizen by using paid services in order to check you annual credit report. The thing is you can get it for free without any payment at all. If anyone asked you to pay for your credit report dont do it! Refer below information. 

Online: Visit AnnualCreditReport.com
By Phone: Call 1-877-322-8228. Deaf and hard of hearing consumers can access the TTY service by calling 711 and referring the Relay Operator to 1-800-821-7232.
By Mail: Complete the Annual Credit Report Request Form (PDF, Download Adobe Reader) and mail it to:
Annual Credit Report Request Service
PO Box 105281
Atlanta, GA 30348-5281

If your request for a free credit report is denied: 

Contact the credit reporting agency (CRA) directly to try and resolve the issue. The CRA should inform you of the reason they denied your request and explain what to do next. Often, you will only need to provide information that was missing or incorrect on your application for a free credit report.
If you are unable to resolve your dispute with the CRA, contact the Consumer Financial Protection Bureau (CFPB).

Friday, March 25, 2016

Credit Reports

Reports of credit of your billing information includes payment history, debt, debt current and other financial information. They show you where you live and work and whether they have sued, arrested or filed for bankruptcy. Credit report helps decide to lender whether to lend you or hum the approve loans, and determine what they charge interest. prospective employers, rent and insurance property owners can also look at their credit report.

It is important to check your credit report on a regular basis to ensure that your personal information and accurate financial account are reported and that no fraudulent under your name opened. If you find errors on your credit report, take steps to have them corrected.

Free Credit Reports

You are entitled to a free credit report from each of the three credit reporting agencies (Equifax, Experian, and TransUnion) once every 12 months. You can request all three reports at once, or space them out throughout the year. Learn about other situations in which you can request a free credit report

Thursday, March 24, 2016

How to improve your credit score effectively

Firstly, Improve score and get better loan deals. If the score value is important issued by credit bureau, which works with banks and other companies and stores data on all participating in the economic life of people. It covers in general all those who, for example, concluded a mobile phone contract or signed a loan agreement. Against payment credit bureau companies such as banks, mail order companies and telecommunications companies, provides data on the saved persons. Apply for consumer credit, the respective bank is then usually with chexsystems in conjunction asking you the score of the applicant to assess its creditworthiness. The calculated value includes various credit-related information and to provide information about how high is the risk of default of the respective loan. Who wants to improve his individual result can for several reasons. For one, the score value can decide whether the credit Interested party ever obtained a loan. Secondly, interest rates are often assigned credit ratings. The better the score value, the more favorable it is the interest. Who wants to improve his score and get a loan on better terms, has several options.

check score value and Obtain self-disclosure

Who wants to improve his score, should not be expected from one day to the best results. Before credit buyers can improve their score, they should check for this at credit bureau initially. For this brings to a self-assessments and specifies that the score value is to be calculated. For this operation, the checksystems usually charged a small fee. The base core is between 0 and 100. Where 0% being the worst and 100% the best result. Who determines that the value is far below 100% and would like to improve this, should then proceed step by step. Are located in the chexsystems report obvious errors, should be allowed to correct them promptly.

improve score - Step by Step

The following tips consumers can improve their score. First of all it is important to avoid all negative influences. Consumers who want to improve their personal value should use all existing credit and mobile phone contracts properly. An affidavit and an enforcement procedure can have negative effects on the credit score. If you want to improve his score, consumers should possible on many small loans - for example, mail order houses - without. For frequent place of residence and current account changes can also have a negative impact on the creditworthiness. Resistance is estimated often positive. Unnecessary credit cards and checking accounts should terminate. Excessive current accounts and forgotten installments should be compensated or paid subsequently as soon as possible.

Writer: John

Wednesday, February 10, 2016

Are you On The ChexSystems List?

You might wondering how how To Find Out If You are On The ChexSystems List.

Below were steps you can follow in order to know whether you are on the system or not.

1. You can Call the ChexSystems number. There will be a list of automated instructions you must follow.
2. Visit official ChexSystems website, https://www.consumerdebit.com/consumerinfo/us/en/chexsystems/report/index.htm, and follow the online steps to get  official (free) ChexSystems Consumer report.

Wednesday, February 3, 2016

Santander Bank NA and chexsystems

Santander Bank NA. on last Friday became the latest bank to agree to facilitate the selection process for potential new customer accounts and checks so that spikes minor on their credit reports not to lock them obtain bank accounts, he told the New York Attorney General Eric Schneiderman.
The unit of US depository Spanish banking giant Banco Santander has agreed to reconsider how they use ChexSystem and other credit reporting companies consumption in assessing applications from potential new customers.

Santander will continue to monitor credit reports for fraudulent customers in the past, but no longer will block the opening of new accounts, where they are isolated overdrafts and other banking minor errors in their files.


The agreement comes after an agreement with Santander in January by Citibank NA and a similar agreement with the Capital One Financial Corp in June. All told, the three banks have a total of 613 branches in New York and 2822 branches across the country, according to Schneiderman office.

Wednesday, January 20, 2016

Wells fargo banking

Some information about Wells fargo banking. One of the largest banking entity in united states.

Type
Public
Traded as NYSE: WFC
S&P 500 Component
Industry Banking, Financial services
Founded New York City, New York
United States (March 18, 1852)[1][2]
Founder Henry Wells
William Fargo
Headquarters San Francisco, California, United States
Area served
Worldwide
Key people
John G. Stumpf
(Chairman & CEO)[3]
Products Consumer banking, corporate banking, credit cards, Auto Lender, Dealer Service, finance and insurance, foreign currency exchange, investment banking, mortgage loans, private banking, private equity, wealth management
Revenue Increase US$ 86.1 billion (2015)[4]
Operating income
Increase US$ 33.9 billion (2014)[4]
Profit Increase US$ 23.0 billion (2015)[4]
Total assets Increase US$ 1.79 trillion (2015)[4]
Total equity Increase US$ 184.3 billion (2014)[4]
Number of employees
275,000 (2015)[4]
Slogan Together we'll go far.
Website WellsFargo.com

Wednesday, January 6, 2016

Best Federal free credit report available

While talking about best federal fee credit report available out there i listed below the best of all the best.Anyway there were a lot of free credit report to get to know your credit status. 1. Federal Trade Comission Get it from FTC ddirectly.The FTC is the only federal agency with both consumer protection and competition jurisdiction in broad sectors of the economy. The FTC pursues vigorous and effective law enforcement; advances consumers’ interests by sharing its expertise with federal and state legislatures and U.S. and international government agencies; develops policy and research tools through hearings, workshops, and conferences; and creates practical and plain-language educational programs for consumers and businesses in a global marketplace with constantly changing technologies. FTC’s work is performed by the Bureaus of Consumer Protection, Competition and Economics. That work is aided by the Office of General Counsel and seven regional offices. You're entitled to one free copy of your credit report every 12 months from each of the three nationwide credit reporting companies. Order online from annualcreditreport.com, the only authorized website for free credit reports, or call 1-877-322-8228. You will need to provide your name, address, social security number, and date of birth to verify your identity.