Archive for December 2009

Demystifying The Fico Score Breakdown Ant Its Relationship With Your Credit Report-Part 1

wellesley clayton asked: Demystifying the FICO Score Breakdown ant its Relationship with Your Credit Report-Part 1Wellesley Claytoninfo@restorecreditlegally.com This is the first article in a series created to provide a bird’s eye view of how the lender determineswhether or not to give the consumer access to credit. How the lenders decide who to lend moneydepends mainly on [...]

Today when searching my credit report there were 47 different addresses 17 different names 18 different social?

jerrome m asked: my social security number is swiss cheese, I am told by the big three credit bureaus this correction my take 12 to 18 months. So with common sense being as it is I do a people search with one of the key firms, they inform me that there is not a thing [...]

Credit Report and Credit Score

Isabel asked: Credit Report and Credit Score is used to check credit worthiness of a person. Credit score is based on the data provided by the credit report that indicates payment history, accounts, etc. Today many lenders and retailers take the help of credit report and credit score to lend credit. Credit report and credit [...]

How to Remove Collection Accounts From your Credit Report

Chane Steiner asked: Collection accounts are typically seriously past due accounts that have been assigned to an attorney or collection agency. A collection agency is usually hired after a company has made multiple attempts to collect money that they believe is owed to them. Collection accounts can remain on your credit report for 7 years [...]

Why is my credit score different when pulled from internet than when the bank pulls it?

Zip Z asked: I have investigated my credit on the internet. I pulled all three credit scores. Then I went to the bank to talk about a home purchase. They ran my credit and came up with scores from the same credit companies that were 20 to 100 points lower. After leaving the bank I [...]