Archive for August 2009

How To Prevent Errors on Your Credit Report

Liz Roberts asked: Whenever somebody applies for credit or financing, his or her credit report will be pulled electronically from any of the three major consumer reporting agencies (CRA). These CRAs are Experian, Trans Union, or Equifax – companies that are responsible for maintaining correct and up-to-date credit information around the country. Everyone is probably [...]

Stopping to make car payments?

Tim asked: I want to know what are the consequences if I stop making payments on a car…I understand that they will report it to three credit bureaus. What else can they do? Is it illegal to stop making car payments?Leo

Help please.part III?

dryann93 asked: Thank you all for your great advice,especially you Emmitt. So I called the number the credit union guy gave me and it’s the credit union number,so he works for them. Does this make the situation any better since he’s not an outside company? I left him a message sounding very “stearn” and intelligent [...]

3 in 1 Credit Report: for Better View of Financial Situation

Charle Lawrence asked: Did you know that there are 3 major credit bureaus that are responsible for formulating your credit record? Often you may prefer to opt any one of the credit bureau report, and scan through it and get an overview of the dealing reported that particular bureau. But you may just skip out [...]

how do i get something off my credit report, I owe state tax and they garnish my salary, I paid it off?

Robots asked: , but it is still on my Credit report. when I call the state they told me that it is my responsibility to get in touch with the credit bureaus. Is there any phone number,mailing address or fax number that will take care of all three? ineed help. will that affect my getting [...]