How Does a Credit Score Financially Affect an Individual?

By having a credit account, you are using another person’s cash as payment for your acquisitions. In addition, it also shows that you are promising to pay off the cash to the agency or person that lent you the amount.
It is normal for the issuing agency to inspect your credit worthiness....
How Does a Credit Score Financially Affect an Individual?

How to Have a Bankruptcy Removed From a Credit Report

Most people who care about improving their credit score understand that bankruptcy is a serious matter that can greatly impact many aspects of your financial life. Even if a judge denied your bankruptcy or you changed your mind, you cannot legally execute the task of removing a bankruptcy from...
How to Have a Bankruptcy Removed From a Credit Report

Are Credit Scores Public Information?

These days, a lot of people are concerned about what type of data is or is not for public consumption. For example, if you file bankruptcy any interested person can quickly access that information even long after your death. This leads people to ask questions like, “are credit scores public i...
Are Credit Scores Public Information?

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?

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?

Can I Erase Late Payments From Credit Report?

When you sign any kind of service or credit agreement, you pledge to pay your bills on time. Most companies charge late fees even if you are just a day or two late. Once you are 30 or more days late on a payment, your credit score will suffer. A common question is, “can I erase late payments...
Can I Erase Late Payments From Credit Report?

What Are FTC Annual Free Credit Reports?

The Federal Trade Commission is a consumer watchdog organization and part of the federal government. In the last decade or so, department officials have become especially concerned about the increasing problems with identity theft. As a result, consumers can now get FTC annual free credit...
What Are FTC Annual Free Credit Reports?

What Is The Relationship Between A Free Annual Credit Report And The Government?

The federal government of the United States has always regulated the manner in which credit reporting agencies such as Equifax, Experian, and TransUnion may operate. Laws such as the Fair Credit Reporting Act (FCRA) govern the credit bureaus and the Fair Debt Collection Practices Act (FDCPA) is...
What Is The Relationship Between A Free Annual Credit Report And The Government?

Before 2003, you could not get a free yearly credit report by law. Due to increasing concerns about identity theft and predatory lending, President George W. Bush signed the Fair and Accurate Credit Transactions Act (FACTA.) This guaranteed all Americans a free yearly credit report by law.... Can I Get A Free Yearly Credit Report By Law?

Before 2003, you could not get a free yearly credit report by law. Due to increasing concerns about identity theft and predatory lending, President George W. Bush signed the Fair and Accurate Credit Transactions Act (FACTA.) This guaranteed all Americans a free yearly credit report by law....
Can I Get A Free Yearly Credit Report By Law?

How Can I Get A Free Credit Report In 2013?

The New Year has officially begun and it’s a great time for all of us to review our credit reports. Life gets so busy that some of us forget we are entitled to at least one free credit report a year. So one of your first New Year’s resolutions should be to review each of your credit reports...
How Can I Get A Free Credit Report In 2013?