FCRA, Section 605 – Deletion of Outdated Information from the Credit File Section 605 of the FCRA is titled “the requirements relating to information contained in consumer report” and basically covers the items in accounts that are outdated and must be removed from a credit file. The FCRA is specific about the length of time Full Article…
Which Items Should You Dispute in A Credit Report
It is estimated that you can expect to find a mistake on your credit report almost 75% of times. Fortunately, the fair credit reporting act requires that any inaccurate information they collected with approximately 30 days from the consumers filing of respect requests over a dispute. There are some of the common areas where you Full Article…
Removal of Inaccurate and Incomplete Information From Credit File
FCRA, Section 611 – Correcting/Deleting inaccurate data on your credit report. The the manner in which inaccurate and incomplete information on your credit file is to be dealt with and remedied is dictated by the section 611 of the FCRA. FCRA section 611 Section 611 of the fair credit reporting act is titled “procedure in Full Article…
Repairing Your Credit Report – The Dispute Process
By reading the previous posts you must have become familiar with how to access your credit report as well as how to read and understand it. This will put you in a good position to identify the information that is incomplete, very old or inaccurate. It is likely that any information that is old and Full Article…
How To Understand The Information in The Credit Report
How to read your 3 credit reports. This is an example and explanation of the different sections that are present in your credit report. And how you can understand them By now that you have learned how and where to access your free personal credit reports, it will be just as important the to be Full Article…
Ordering the Annual Credit Report By Mail or Over The Phone
The three credit reporting agencies have not only been required to set up a website but also provide a toll-free phone number and a mailing address through which you can order your free annual credit report without being solicited by services online. However, as is expected it takes much longer for you to receive your Full Article…
Your Credit Report – Getting a Free Copy from www.annualcreditreport.com
This post will talk about using the website of www.annualcreditreport.com to get a free copy of your personal credit report once every 12 months from all 3 credit bureaus. By now you are well aware of who can and cannot view your credit report. You also know that a credit reporting agency is under no Full Article…
Illegal Access To Your Credit Report – Circumstances Prohibited By The Law
When Accessing Or Using Your Credit Report by 3rd Parties Is Prohibited By the Law The FCRA, fair credit reporting act gives a permissible purpose to a lot of people. Its language is fairly broad-based. However, there are certain specific prohibitions against pulling your credit report in certain circumstances. There are two situations which explicitly Full Article…
When Employers Access Your Credit Report
Even though employers cannot discriminate based on age, sex or race, they are still allowed to review your credit report and refuse to hire you if they find your credit history problematic. It is generally thought that someone with stable financial situation makes for a better employee. Someone who does not have financial woes can Full Article…
Basics Of Credit Reporting – Who Can See Your Credit Report
Now that you have understood certain basics of credit reporting such as what are credit bureaus and how they collect information to put in your credit report, you should be curious as to who is entitled to view the information on your credit report. Apart from you lot of people can access your financial information Full Article…