Eyad a asked:


I have a 10,000 car loan from a small financing institution. They have been reporting my payments to TransUnion and every-time I apply for a credit card or any other loan I get rejected. My current balance is $400 and I will pay them off next month.

The problem is that when I go anywhere else and apply for loan or credit card, I get rejected because others can not see my car loan unless they check with TransUnion. Most banks and dealerships check with Equafix and Experian.

Yesterday, when I checked to see my credit report, I was able to see my loan and my score, which was around 650. When I tried to contact the my lender, they said that they only report to TransUnion and they can not change their policy just because of me.

What can I do to get my car to show on all three credit bureau?
and how am I suppose to find lenders who check with TransUnion

Jared

lynlee39 asked:


I am trying to get my credit report on-line but I do not have a credit card to pay for it. I have already gotten one from annualcreditreport.com but am trying to clean up some more things how can I get a credit report from all three credit bureaus???

Bernice

This Is Not My Real Name asked:


This is somewhat an odd situation. I have had a 2 year credit history with all three credit bureaus prior to this problem. It seems that all of my credit cards have suddenly stopped updating on my equifax credit report. When I try to apply for a new credit card, I get denied because I have “no equifax credit file”
I requested a free credit report with equifax and even they can’t locate me!
It’s as if my equifax credit file just disappeared. But I have previous copies of credit reports from equifax so it obviously did exist. What can I do and what seems to be the problem?

Fyi: experian and transunion is working fine. My credit report is updated and my score is good. But all accounts have not updated since 2007 on my equifax credit report

Paula

The Great Gate asked:


I live in Michigan and am 23. I recently applied last month and was denied. I have never had a credit card or anything. It turns out I had an unpaid traffic ticket in Windsor, Canada that I actually paid (but it was a couple months late). They reported me to JJ Marshal And Associates. I cleared up this matter with JJ Marshal & Assoc. and they wiped it off my record. So…. I accessed my free report today from Equifax and it was clear. Nothing there. Can I apply for a credit card now or do you think the other 2 bureaus are behind in schedule? P.S. I already accessed my report from TransUnion, that is how I found out about this negative thing from 2002 that I cleared and I cannot get one from experian because I couldn’t pass the security test!
This ‘negative’ matter happened in 2002! JJ Marshal Cleared Me October 4, 2007.
I am anxious to apply for a credit card. Will it devastate my file if I get rejected? Is it safe to apply seeing that I am clear with Equifax?

Amy

Jared Wright asked:




Credit report companies offer their services to people who need to get their credit score and other information about their financial status. A credit report is required when you apply for a loan such as a home mortgage, and may also be required when you want to apply for a credit card. There are credit reports for individuals, and there are also some reports which are made to evaluate the statuses of companies.

Credit report companies are also known as credit bureaus. There are three major credit report companies, which are the Equifax Credit Bureau, the TransUnion Credit Bureau, and the Experian Credit Bureau. These companies collect different information from creditors, which are then used to generate reports that are sold to their clients.

A credit report is a valuable document in the sense that it includes information which may grant or deny loan approval, employment, licensing, insurance and other business needs. Individuals and businesses alike are dependent on their credit scores and report to help in evaluating their current financial standing.

Some information which is available from credit companies includes the following:

• Identification. Credit report companies have consumer details such as name, employer, address, name of spouse and the company or employer of the spouse.

• Credit history. This includes accounts which are active, including the account numbers, the date when the accounts where opened, the payments and other activities made for it, balances, amounts that were paid in the past, and how often payment was late. These are all bases for a low credit score, meriting a lender ground for denying you of a loan.

• Derogatory items. These include risks which may affect the lender or the company which will deal with the other party. Judgments, suits, bankruptcies and tax liens may prevent you from getting approved for a loan.

• Inquiries. Companies or individuals may have asked for your information, such as banks and financial institutions which have required your bank details. You will be given information about the inquiries which happened in the last 18 months only.

Credit report companies update your information regularly so that their database is updated and is relevant. Lenders can access your information to help them decide whether or not you can be trusted with a loan or a new credit card. You can also access your own credit score by logging in to the website of the three credit bureaus mentioned above so you can monitor your finances as closely as you need.

Curtis

B asked:


My lowest score of the three bureaus is 590…which is basically very bad……
The main thing that drove down my score is late payments to my credit card 90 days late and one for 120 days late….
I also had a couple of things go into collections, which I payed off entirely along with my credit card(which I closed out)..I am clear of all debts(with the exception of a sallie mae loan)…

I need to repair my credit,, with in the next year if possible… Should I reopen my credit line with that same credit card I initially closed?
Also,, is there a way to get the collections off my report since they are paid in full?

B
the late payments happened alittle over two years ago…

Kimberly

Jen. E asked:


credit cards that are specially for people with bad credit? What about the prepaid ones? Most of the cards I’ve seen so far only report to ONE credit bureau. Is that okay? Or should I find one that reports to all three? Or should I wait till my credit is good enough for a real credit card so I can help rebuild my credit? I really hate credit cards, but I am responsible enough. I just need some advice on this. I want to get all the info I can abot rebuilding my credit. Funny thing some other person responded to my other question by saying i shouldnt worry about my credit. Ok CRAZY. If you ever want to get a house, or a new car, or if money gets tight and you need a loan, or a business loan, what do you think they check? Credit DUHHH. LOL

Brett

dancingzorba2 asked:


I hate to admit it, but I’m terrified of looking at my credit score. I have had my credit card since I was 15 years old (I’m 23 now) and never once missed a payment until I graduated from college and couldn’t find a job for 3 months. In that time I couldn’t make payments on my credit card.

I went to Bank of America to see if I could work something out and if they could remove it from my credit, since I had always paid it, and have returned to making payments since I starting working

According to the woman I talked to, I missed three payments (I guess those three months, even though it was one payment), but only one was reported to the credit bureau, but even that one did not reach 90 days.

They refunded the fees for the late payment, as well as an overlimit fee (never knew I was over my limit).

How much could that one late payment that was reported affect my credit? I don’t have any debt otherwise, and like I said I’ve had my credit card for close to 8 years without a mark on it. Is there a way to get that one that was reported off my credit. Help!

Susan

briennagrace asked:


I am 18, and I do not own a credit card. I got my social security card and bank card stolen. I already got a new bank card and stopped the other one, but as far as my social security…that’s irreplaceable. I tried to get a credit report from freecreditreport.com, but you need a credit card to access it…and I refuse to get one until I am out of college.

I need to find out if I have weird things on my credit report! Because if I do…I need to notify the three major credit bureaus, and put a stop to it before it ruins my life. I’m losing sleep over this. Please help!

Scott

irah_384 asked:


I am having my credit card for the past three months and have excellent credit history. But the credit history is available under only one credit bureau. I am now applying for auto loan and when credit unions/financial institutions run a credit check they are not finding any credit history. There is no file in other credit unions.
How do we make sure appropriate information goes to all credit monitoring agencies? Is there anyway to report to those agencies or should I have to report to my bank(which has issued me the credit card) ?

Pearl