What You Should Know about Experian

[E]xperian is one of the three major credit reporting agencies for the US. It is the newest, formed in 1996. It also happens to be the biggest of the three with around 220 million consumers included and 25 million businesses.
What Experian Does
Just like with the other two credit reporting...
What You Should Know about Experian

Learn about the Three Major Credit Bureaus

While numerous companies have credit scoring systems, three bureaus provide information for the vast majority of creditors in the United States. They are:
•Equifax
•Experian
•TransUnion
Each one compiles its data and creates credit scores based on unique algorithms. While most people know about t...
Learn about the Three Major Credit Bureaus

How to Get a Good Credit Score Through Credit Repair

If you have decided to tackle the issue of your damaged credit, you may be wondering how to get a good credit score through credit repair. This is a process that will take some time and not happen overnight. However, you can see your credit improve over time. Here are some steps you need to take...
How to Get a Good Credit Score Through Credit Repair

Who Regulates Credit Cards?

In recent years, there’s been a lot of public outcry related to credit cards, credit reporting, debt collectors, and identity theft. Numerous federal and state agencies are devoted to protecting members of the general public from abusive entrepreneurs as well as common criminals. But answering t...
Who Regulates Credit Cards?

Are Credit Scores Dropping?

It is no secret that the economic recession of 2008 put people out of work and caused some people to be unable to pay their debts. But some people are slowly recovering from the unprecedented global economic changes that began in 2008. Thus, some people ponder the question of “are credit scores d...
Are Credit Scores Dropping?

Are High Credit Scores Good?

Credit scoring is a confusing topic to even some seasoned financial experts. We commonly receive questions such as, are high credit scores good? A simple way to understand credit scoring is by comparing it to grades in school. The higher than number, the better off you are. So a resounding “yes” ...
Are High Credit Scores Good?

Are Credit Scores Private?

Identity theft is one of the fastest growing crimes in the world, with an estimated 15 million new victims each year. Concerns over the potential misuse or abuse of information has led to questions such as, “are credit scores private?” The answer really depends upon what is your definition of the...
Are Credit Scores Private?

What is the Best Credit Score on Equifax?

Though dozens of credit reporting agencies record and sell information on adults living in the United States, most people only need to be concerned with the “big 3” credit bureaus. Equifax is probably the best-known credit reporting agency in the United States. Its two primary competitors are Exp...
What is the Best Credit Score on Equifax?

What is the Best Credit Score Site?

There are countless credit score services in the industry. Unfortunately, most of them are unreliable. We commonly get the question of, “what is the best credit score service?” The best answer to that question would be MyFICO.com.
MyFICO is owned by Fair Isaac Corporation and specializes in cre...
What is the Best Credit Score Site?

Can Medical Bills Affect Your Credit Score?

Most people understand that credit cards and installment loan accounts can either increase or decrease a credit score. But some types of bills – especially if left unpaid – can also harm your credit rating. Can medical bills affect your credit score? In some cases “yes” would be the answer to the...
Can Medical Bills Affect Your Credit Score?

Can Eviction Affect Your Credit Score?

If you live in an apartment or house that you do not own and fail to uphold the terms of your lease, the property owner can pursue eviction proceedings against you. One of the most common reasons for eviction is failure to pay rent as promised, though some landlords will try to boot you out of...
Can Eviction Affect Your Credit Score?

Do Credit Bureaus Update Credit Scores?

There seems to be a whole lot of confusion as to what information the 3 Credit bureaus TransUnion, Experian and Equifax receive, how often they receive it and just what do they do with it.
The credit bureaus receive information about you from your creditors like the banks where you have your...
Do Credit Bureaus Update Credit Scores?

How Do I Find My Credit Score Online?

First let’s review and understand what a credit score really is.  The 3 credit reporting bureaus, Experian, Equifax and TransUnion collect data about you from your creditors such as your credit card companies, your lenders such as the institution where you have your home mortgage and other pu...
How Do I Find My Credit Score Online?

Are Credit Scores Going Down?

It is no secret that the economic decline in 2008 put citizens out of a job and resulted in most people to be unable to take care of debts they have accrued. However some people are gradually recovering from the unheard of worldwide financial changes which developed in 2008. Hence, quite a few...
Are Credit Scores Going Down?

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Credit scoring is a complicated matter to even some experienced financial experts. We generally hear issues such as, is it good to have a high credit score? The bigger than number, the better off you are. Therefore a resounding “yes” is the answer to the question of “is it good to have a high cre...
Is It Good To Have a High Credit Score?

Are Credit Rating Agencies to Blame For the Financial Crisis?

The economic life of all too many Americans and even people living in other nations such as France and England just has not been the same since the summer of 2008. During such challenging times, people naturally see their credit scores decline and find it harder to get approved for new credit...
Are Credit Rating Agencies to Blame For the Financial Crisis?

What Are the Best Credit Cards for Rebuilding Credit Scores?

Since the economic downturn of 2008, it has been much more difficult for people with a poor bill-paying history to find the best credit card for rebuilding credit scores. In 2009, federal credit card reform laws made it much more difficult for companies to take financial advantage of their...
What Are the Best Credit Cards for Rebuilding Credit Scores?

Are Credit Scores Declining?

It is obvious that the economic recession from 2008 put folks out of work and caused a number of people to be unable to pay their debts. Nevertheless many people are gradually recovering from the unparalleled multinational economic fluctuations that began in 2008. Thus, a number of people...
Are Credit Scores Declining?

What Is The Difference Between Credit Reports And Scores?

Credit reports and credit scores are similar terms but not one and the same. While some people interchangeably discuss credit reports and credit scores, there are some key factors that put each piece of information into its own class. Understanding what is the difference between credit reports...
What Is The Difference Between Credit Reports And Scores?

What Is The Fact Act, Equifax, And Free Annual Credit Report?

When you start the journey toward improving your credit score, you will likely hear a number of unfamiliar terms including the FACT Act, Equifax, and free annual credit report. Fortunately, once you learn these basics it will be much easier to understand other important concepts especially...
What Is The Fact Act, Equifax, And Free Annual Credit Report?