Showing posts with label annual credit report. Show all posts
Showing posts with label annual credit report. Show all posts

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
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).