Posts Tagged Credit Report
does this job sound legit to you?
Posted by admin in Personal Finance on September 6, 2010
.:.:AODO4EVER2014:.:. asked:
Congratulations Daniel. You have passed the screening process
Congratulations Daniel. You have passed the screening process
(screening process included previous employers, basic info such as name, D.O.B, ect, and also questions, Have i worked at call center before, would i particiapte in drug screening if i had to, ect)
After careful evaluation, we at Mirage International Group © feel that with your experience you would be a great addition to our Customer Service team and could be a valuable asset to our company’s success as we grow and move towards the future.
The next 3 steps are required by all candidates prior to employment with Mirage International Group ©.
1. Three (3) References
a. Two (2) Professional
b. One (1) Personal
· You must provide contact information and your relations.
2. Salary Request
· Mirage International Group © compensates each Customer Service Representative a rate of $22.00 to $25.00 an hour.
3. Soft Credit Verification
· We have chosen Credit Report © as a 3rd Party Company to process your report. You will not be required to inquire with all three (3) Major Credit Bureaus, only one (1). This is very important, DO NOT EMAIL THE CREDIT REPORT. We only request that you email us the Report # provided (e.g.: 200907299280000), which is a reference to your report and not the actual FICO score. This will not determine if your application is accepted or denied, nor will it affect your credit score. This step is to validate all information to be correct and accurate. You will need to bring a hard copy of your report on the day of your orientation. Again, do not email the actual credit report. (Note: You may cancel your account immediately as soon as you have received your report.)
· Credit Report Link: Click Here
http://www.kqzyfj.com/click-3546852-10660920
(this address re directs to www.creditreport.com)
After gathering all the information requested. You will email the following to our HR Director for the Phoenix Office.
1. Your Full Name
2. Phone Number
3. Reference
a. Professional (Name, Phone, Company, Position)
b. Professional (Name, Phone, Company, Position)
c. Personal (Name, Phone, Relations)
4. Report #
5. Salary Request
Melissa Evans
HR Administrator
www.careers-mirageintlgrp.com
So what do you all think? I would really appreciate any input or opinions on this. What is kind of unusual for me is the whole credit check thing. Then again im not very familiar with credit checks and scores
Well let me know if you think it sounds legit or if its some sort of scam/fraud
Thank you all very much! have a great day =]
Colleen
How To Quickly And Immediately Improve Your Credit
David Maillie asked:
Many people have and suffer from bad or marginal credit. This does not mean they are a bad person as bad credit can happen as a result of a sudden unplanned illness or emergency, a job layoff, etc… Many families do not have sufficient savings to ride out a serious and costly emergency or job loss. Actually, according to MSN, many families are living only one paycheck away from bankruptcy and this is not good. To stop this one needs to put reigns on all unnecessary spending, but we will talk more about this further on.
The first step anyone with possibly bad credit needs to take is to find out the exact extent of your credit. You may have only seen 1 credit report or only been told what might be on your record by a bank or loan manager or finance manager, but did you know there are really 3 separate credit reporting agencies and each has a different report and score? Just because one credit report shows as bad doesn’t necessarily mean the others do, and vice versa, if one is good the other two may be quite the opposite. Usually, as a rule, they are similar, but negative items or entries do tend to stay longer on some then others and some tend to have more errors in their entry reporting.
Go online to any of the three major credit bureaus (Just Google the names of Experian, Equifax, and Transunion) and pay to have your all three in one report with credit score pulled. You want all three as they can and probably will be slightly different. The report is necessary so you can actually measure and understand exactly how bad it is and what needs to be done to improve and fix it. A all three in one report is around $40 to $50 and worth it. Free reports which you can receive per recent federal laws will only give one credit bureau and no score (how do you know where you stand without a score unless you are a finance manager or work at a bank loan department?)
If your score is 600 and above your credit is marginal, but not bad. You won’t have too much to repair. If your credit is 500 or below you probably have a lot of negative entries, possible tax liens, judgments, repos (car repossessions), a possible bankruptcy, and/or other serious negative influences and entries in your reports. A low or bad credit score will take more work and effort, but you can still achieve a much higher credit rating and fairly quickly.
Now, that you have your credit report and scores, find out which is the most important credit reporting bureau for your area of the country (each bureau has a particular area of influence). The easiest way to do this is to contact your local new car dealer and ask the finance manager what credit report they most commonly use to establish credit. Usually it is only one and that is the one that will be most influential in your area and the first one you should repair.
Glenda
Many people have and suffer from bad or marginal credit. This does not mean they are a bad person as bad credit can happen as a result of a sudden unplanned illness or emergency, a job layoff, etc… Many families do not have sufficient savings to ride out a serious and costly emergency or job loss. Actually, according to MSN, many families are living only one paycheck away from bankruptcy and this is not good. To stop this one needs to put reigns on all unnecessary spending, but we will talk more about this further on.
The first step anyone with possibly bad credit needs to take is to find out the exact extent of your credit. You may have only seen 1 credit report or only been told what might be on your record by a bank or loan manager or finance manager, but did you know there are really 3 separate credit reporting agencies and each has a different report and score? Just because one credit report shows as bad doesn’t necessarily mean the others do, and vice versa, if one is good the other two may be quite the opposite. Usually, as a rule, they are similar, but negative items or entries do tend to stay longer on some then others and some tend to have more errors in their entry reporting.
Go online to any of the three major credit bureaus (Just Google the names of Experian, Equifax, and Transunion) and pay to have your all three in one report with credit score pulled. You want all three as they can and probably will be slightly different. The report is necessary so you can actually measure and understand exactly how bad it is and what needs to be done to improve and fix it. A all three in one report is around $40 to $50 and worth it. Free reports which you can receive per recent federal laws will only give one credit bureau and no score (how do you know where you stand without a score unless you are a finance manager or work at a bank loan department?)
If your score is 600 and above your credit is marginal, but not bad. You won’t have too much to repair. If your credit is 500 or below you probably have a lot of negative entries, possible tax liens, judgments, repos (car repossessions), a possible bankruptcy, and/or other serious negative influences and entries in your reports. A low or bad credit score will take more work and effort, but you can still achieve a much higher credit rating and fairly quickly.
Now, that you have your credit report and scores, find out which is the most important credit reporting bureau for your area of the country (each bureau has a particular area of influence). The easiest way to do this is to contact your local new car dealer and ask the finance manager what credit report they most commonly use to establish credit. Usually it is only one and that is the one that will be most influential in your area and the first one you should repair.
Glenda
How To Clear Your Credit Report
Hyder Khan asked:
If you’re being turned down for credit left and right by every mortgage broker, credit card company, and landlord, or you’re not even able to refinance your own house, that is an indication that you have some negative items on your credit report that are scaring away lenders. You have two choices: You can either walk away and decide to wait out the next seven years until those negative items drop off your credit report, or you can take control over the situation and learn how to delete negative items from your credit report.
You may have seen those advertisements where those law firms or credit counseling companies promise to fix your credit, raise your FICO score, and get you a fresh start. How do you delete negative items from your credit report? The answer is based on a law passed by Congress in the latter half of the twentieth century known as the Fair Credit Reporting Act. This law was passed to protect consumer’s rights to access their credit report and play an active role in ensuring that it does not contain any inaccuracies or misrepresentations of your true credit profile.
If you have derogatory information contained in any of the credit reports issued by the “big three” credit bureau, you simply need to write a letter to each respective creditor disputing the accuracy of that particular entry in your credit report. By law, then the bureau must contact the creditor to verify that specific item that is in dispute. And here is where the law works in your favor: If the bureau is unable to verify the accuracy of the information within 30 days, they are required to delete that item from your credit report altogether!
Here is an example of how you would do this: Let’s say that you were late for your mortgage payment in May of last year, you simply write a letter to the credit bureau that is reporting that late payment, detailing that entry, and including your name, address, and social security number, in which you state that in accordance with the Fair Credit Reporting Act, you are disputing such and such entry as you believe it may be inaccurate. And in this letter, you must state that, in accordance with the Act, if the agency does not verify this information within 30 days, then they are required to delete the information from your credit report.
Now what if the bureau is able to contact the creditor and verify the information within the 30-day timeframe? Well, then the information stays on your credit report. What if the creditor is a little slow but gets back to the bureau within 45 days? Then yes, even though the bureau deleted the item after 30 days, the information can be added back in the subsequent month. But through patience and persistence, if you follow this method, you will eventually be able to improve your credit score. There is no 100% guarantee, however, which is why shouldn’t pay anyone to fix your credit for you, unless they offer a money back-guarantee if your credit score doesn’t improve within a specific period of time.
A couple of bits of advice: Write one separate letter to each bureau for each disputed item. For example, if you have five derogatory items on your report, that were reported to all three bureaus, then you should write fifteen letters. This way you can track the progress of each dispute, plus it guarantees that the credit agency will pay individual attention to each one. Give them more paperwork to process and they will be that much more backlogged to meet their thirty-day deadline.
And one final bit of advice: The Fair Credit Reporting Act also allows the bureaus to disregard your dispute if it s frivolous in nature. In other words, if you do something to cause them to suspect that you are just filing disputes that you know are more than likely to be accurate, just for the sake of flooding them with requests, then they can disregard your inquiry and not take it seriously. Therefore, be careful not to do things like repeatedly dispute the same item over and over again if it keeps on getting verified. The law was passed to protect the legitimate needs of consumers against credit fraud or data entry errors.
Catherine
If you’re being turned down for credit left and right by every mortgage broker, credit card company, and landlord, or you’re not even able to refinance your own house, that is an indication that you have some negative items on your credit report that are scaring away lenders. You have two choices: You can either walk away and decide to wait out the next seven years until those negative items drop off your credit report, or you can take control over the situation and learn how to delete negative items from your credit report.
You may have seen those advertisements where those law firms or credit counseling companies promise to fix your credit, raise your FICO score, and get you a fresh start. How do you delete negative items from your credit report? The answer is based on a law passed by Congress in the latter half of the twentieth century known as the Fair Credit Reporting Act. This law was passed to protect consumer’s rights to access their credit report and play an active role in ensuring that it does not contain any inaccuracies or misrepresentations of your true credit profile.
If you have derogatory information contained in any of the credit reports issued by the “big three” credit bureau, you simply need to write a letter to each respective creditor disputing the accuracy of that particular entry in your credit report. By law, then the bureau must contact the creditor to verify that specific item that is in dispute. And here is where the law works in your favor: If the bureau is unable to verify the accuracy of the information within 30 days, they are required to delete that item from your credit report altogether!
Here is an example of how you would do this: Let’s say that you were late for your mortgage payment in May of last year, you simply write a letter to the credit bureau that is reporting that late payment, detailing that entry, and including your name, address, and social security number, in which you state that in accordance with the Fair Credit Reporting Act, you are disputing such and such entry as you believe it may be inaccurate. And in this letter, you must state that, in accordance with the Act, if the agency does not verify this information within 30 days, then they are required to delete the information from your credit report.
Now what if the bureau is able to contact the creditor and verify the information within the 30-day timeframe? Well, then the information stays on your credit report. What if the creditor is a little slow but gets back to the bureau within 45 days? Then yes, even though the bureau deleted the item after 30 days, the information can be added back in the subsequent month. But through patience and persistence, if you follow this method, you will eventually be able to improve your credit score. There is no 100% guarantee, however, which is why shouldn’t pay anyone to fix your credit for you, unless they offer a money back-guarantee if your credit score doesn’t improve within a specific period of time.
A couple of bits of advice: Write one separate letter to each bureau for each disputed item. For example, if you have five derogatory items on your report, that were reported to all three bureaus, then you should write fifteen letters. This way you can track the progress of each dispute, plus it guarantees that the credit agency will pay individual attention to each one. Give them more paperwork to process and they will be that much more backlogged to meet their thirty-day deadline.
And one final bit of advice: The Fair Credit Reporting Act also allows the bureaus to disregard your dispute if it s frivolous in nature. In other words, if you do something to cause them to suspect that you are just filing disputes that you know are more than likely to be accurate, just for the sake of flooding them with requests, then they can disregard your inquiry and not take it seriously. Therefore, be careful not to do things like repeatedly dispute the same item over and over again if it keeps on getting verified. The law was passed to protect the legitimate needs of consumers against credit fraud or data entry errors.
Catherine
Disputing Duplicate Items On Your Credit Report
Duwayne Mcclendon asked:
When you are repairing you want to make sure all information is correct and there are no duplicate items on your credit report. I had noticed an old HSBC Tax Advance showing on my report twice, one was listed as being current with a $0 balance and the other had a balance of $441 and 120 days late! I had seen this on my report and at first was just going to wait it out until the 120 day late listing was updated to current with hopes my score would be higher with two accounts listed as current.
Today my patience got the best of me, I called Transunion which was the listing agency for the duplicate accounts and requested a deletion. At first the operator said “ok sir I will place the duplicate account for dispute,” I immediately told him I did not want to place a dispute but for him to delete the duplicate listing now. It was in my favor that both accounts had the same account number and that the 120 day listing was updated 11/2007 and the current listing was showing updated 12/2007.
After about 5 minutes the representative for Transunion confirmed the duplicate listing had been removed and if I needed any more assistance. I kindly thanked the representative of Transunion and proceeded to complete my daily credit pull from TrueCredit. WOO HOO! Account deleted and my score jumped 14 points!
When you are repairing your credit be persistent and make sure you have all your facts regarding the accounts when you call or write any of the three credit bureau (Equifax, Experian, Transunion). You have to legitimately prove the account is reporting improperly for the credit bureau to remove the listing for them to remove it.
Anne
When you are repairing you want to make sure all information is correct and there are no duplicate items on your credit report. I had noticed an old HSBC Tax Advance showing on my report twice, one was listed as being current with a $0 balance and the other had a balance of $441 and 120 days late! I had seen this on my report and at first was just going to wait it out until the 120 day late listing was updated to current with hopes my score would be higher with two accounts listed as current.
Today my patience got the best of me, I called Transunion which was the listing agency for the duplicate accounts and requested a deletion. At first the operator said “ok sir I will place the duplicate account for dispute,” I immediately told him I did not want to place a dispute but for him to delete the duplicate listing now. It was in my favor that both accounts had the same account number and that the 120 day listing was updated 11/2007 and the current listing was showing updated 12/2007.
After about 5 minutes the representative for Transunion confirmed the duplicate listing had been removed and if I needed any more assistance. I kindly thanked the representative of Transunion and proceeded to complete my daily credit pull from TrueCredit. WOO HOO! Account deleted and my score jumped 14 points!
When you are repairing your credit be persistent and make sure you have all your facts regarding the accounts when you call or write any of the three credit bureau (Equifax, Experian, Transunion). You have to legitimately prove the account is reporting improperly for the credit bureau to remove the listing for them to remove it.
Anne
How to avoid a charge off on my credit for 7 years?
Anonymous asked:
I have a medial bill that I have been paying on for the last several month. I called the hospital because I received a letter saying the bill was due in full within ten days. The statement was dated almost three weeks after it was received the bill so the ten days was long past. When I called the hospital I was told the bill had been sent to United Collection Bureau. Now that it has been sent to a collection agency how do I handle the situation without it showing on my credit report? If I pay it and it shows up on my credit report as paid will this hurt my credit report since its a medical bill?
Betty
I have a medial bill that I have been paying on for the last several month. I called the hospital because I received a letter saying the bill was due in full within ten days. The statement was dated almost three weeks after it was received the bill so the ten days was long past. When I called the hospital I was told the bill had been sent to United Collection Bureau. Now that it has been sent to a collection agency how do I handle the situation without it showing on my credit report? If I pay it and it shows up on my credit report as paid will this hurt my credit report since its a medical bill?
Betty
How Can I Remove Late Payments From My Credit Report?
Jesse B. Smith asked:
This is a frequently asked question. With tough times upon us, more and more people are finding it difficult to get their bills paid on time. This, in turn, means that these same people are reported to the credit reporting agencies as late and the late payment is reported to lenders who request your credit report.
A “late payment” as the term implies is any payment on a credit associated account which is received by the creditor after the due date. The only thing that matters is that the payment was late. It does not matter if the payment was one day late or thirty days late, it is still considered late. Additionally, you will be charged a late payment penalty on any payment made after the due date and these are normally pretty stiff penalties.
To remove overdue payments from your credit report, you will need to obtain a copy of your credit report. You can do this by contacting one of the three credit reporting agencies, TransUnion, Experian, and Equifax. These companies are legally required to provide you with one copy of your credit report every twelve months.
Though the credit reports may vary slightly in their layout, they all contain the same types of information. You should be able to easily and quickly ascertain how each credit report lists entries showing overdue payments and should report the number of late payments you have made over a given period of years.
Though, consumers understand that making payments late is not a good thing, they normally don’t understand the far-reaching consequences. Payment punctuality can count for over 30% of your total credit score. Because of this, late payments can severely affect credit applications which you submit to a lender.
The first thing you can try in order to remove late payments from your credit report is to contact the creditor directly and ask that it remove the overdue payments. This is often successful, however, if you habitually make late payments, it may be less likely.
If contacting the creditor is unsuccessful, you should write the credit reporting bureau that reports the overdue payment and request that the late notation be removed. You should include documentation which proves your claim and be sure to retain copies of all correspondence to and from the credit bureau. If the credit bureau cannot verify within 30 days that the payment was late, it must remove the entry.
Of course, it is always easier to try to stop the situation from occurring in the first place. If you know you will be late paying a bill, contact the creditor and explain the situation to them. Many times creditors will work with you to agree on a payment plan.
Any legitimate late payment entry can remain on your credit report for up to seven years. Instead of letting this cause havoc with your credit score, work with your creditors to keep the late payment from showing up on your credit report.
Antonio
This is a frequently asked question. With tough times upon us, more and more people are finding it difficult to get their bills paid on time. This, in turn, means that these same people are reported to the credit reporting agencies as late and the late payment is reported to lenders who request your credit report.
A “late payment” as the term implies is any payment on a credit associated account which is received by the creditor after the due date. The only thing that matters is that the payment was late. It does not matter if the payment was one day late or thirty days late, it is still considered late. Additionally, you will be charged a late payment penalty on any payment made after the due date and these are normally pretty stiff penalties.
To remove overdue payments from your credit report, you will need to obtain a copy of your credit report. You can do this by contacting one of the three credit reporting agencies, TransUnion, Experian, and Equifax. These companies are legally required to provide you with one copy of your credit report every twelve months.
Though the credit reports may vary slightly in their layout, they all contain the same types of information. You should be able to easily and quickly ascertain how each credit report lists entries showing overdue payments and should report the number of late payments you have made over a given period of years.
Though, consumers understand that making payments late is not a good thing, they normally don’t understand the far-reaching consequences. Payment punctuality can count for over 30% of your total credit score. Because of this, late payments can severely affect credit applications which you submit to a lender.
The first thing you can try in order to remove late payments from your credit report is to contact the creditor directly and ask that it remove the overdue payments. This is often successful, however, if you habitually make late payments, it may be less likely.
If contacting the creditor is unsuccessful, you should write the credit reporting bureau that reports the overdue payment and request that the late notation be removed. You should include documentation which proves your claim and be sure to retain copies of all correspondence to and from the credit bureau. If the credit bureau cannot verify within 30 days that the payment was late, it must remove the entry.
Of course, it is always easier to try to stop the situation from occurring in the first place. If you know you will be late paying a bill, contact the creditor and explain the situation to them. Many times creditors will work with you to agree on a payment plan.
Any legitimate late payment entry can remain on your credit report for up to seven years. Instead of letting this cause havoc with your credit score, work with your creditors to keep the late payment from showing up on your credit report.
Antonio
Free Triple Score – Protecting Your Credit Check Report Rating From Identity Theft
Marc Marseille asked:
Identity theft is one of the fastest growing crimes in America. The effects of identity theft can be a very hurtful experience that mostly occurs during the important moments of your life. Many victims of identity theft do not even realize that someone or in some cases several people have been violating them by getting access to their personal credit bureau report. Protecting your credit bureau report can easily be achieved by getting a copy of your free triple score from all three credit bureaus.
Your free triple score report will provide you with all the information you have reporting with all three credit bureaus: Experian, Equifax, and Trans Union. Once you have received your credit bureau report, it is crucial that you do a thorough investigation to make sure that all your information is reporting correctly. If you find that you have been a victim of identity fraud, the best thing to do in that situation is to seek professional legal help through a reputable credit attorney.
It is unfortunate if you find yourself dealing with the situation of having your identity stolen, but there several steps you can take to prevent identity theft before it happens. The first step is to arm yourself with identity protection. Many credit card companies offer identity protection through a small monthly fee on your credit card, but if you have several credit cards, you may want to consider getting a more universal identity protection policy. Getting a universal identity protection policy includes using a company that works hand in hand with the 3 credit bureaus to create a lock on your credit bureau report.
Once you’ve create a lock on your credit report, no one can make any purchases using your information without having to verify some very vital information. To secure yourself even further, it is important to shred all important personal information before disposing of them. Information that should be shredded is bank statements, credit card statements, and anything that shows your Social Security Number.
Another precaution you can take is to never give your Social Security Number over the internet through an unsecured server. One way to find out if the website you are viewing is insecure is by looking at your browser window. All secure internet websites start with https: and not just http:. To make it even safer to surf the internet, you should get virus protection, spyware and a reliable internet explorer like Firefox.
My last recommendation to protection your free triple score report sounds simple enough, but a lot of people fall victim to it everyday; you should never give your Social Security Number over the telephone to a company you do not trust. Unless you have a long lasting relationship with a certain company, it is better to deal in person. If you must give sensitive information over the phone such as banking, try to establish a relationship with one particular individual in that department before you do so.
Cynthia
Identity theft is one of the fastest growing crimes in America. The effects of identity theft can be a very hurtful experience that mostly occurs during the important moments of your life. Many victims of identity theft do not even realize that someone or in some cases several people have been violating them by getting access to their personal credit bureau report. Protecting your credit bureau report can easily be achieved by getting a copy of your free triple score from all three credit bureaus.
Your free triple score report will provide you with all the information you have reporting with all three credit bureaus: Experian, Equifax, and Trans Union. Once you have received your credit bureau report, it is crucial that you do a thorough investigation to make sure that all your information is reporting correctly. If you find that you have been a victim of identity fraud, the best thing to do in that situation is to seek professional legal help through a reputable credit attorney.
It is unfortunate if you find yourself dealing with the situation of having your identity stolen, but there several steps you can take to prevent identity theft before it happens. The first step is to arm yourself with identity protection. Many credit card companies offer identity protection through a small monthly fee on your credit card, but if you have several credit cards, you may want to consider getting a more universal identity protection policy. Getting a universal identity protection policy includes using a company that works hand in hand with the 3 credit bureaus to create a lock on your credit bureau report.
Once you’ve create a lock on your credit report, no one can make any purchases using your information without having to verify some very vital information. To secure yourself even further, it is important to shred all important personal information before disposing of them. Information that should be shredded is bank statements, credit card statements, and anything that shows your Social Security Number.
Another precaution you can take is to never give your Social Security Number over the internet through an unsecured server. One way to find out if the website you are viewing is insecure is by looking at your browser window. All secure internet websites start with https: and not just http:. To make it even safer to surf the internet, you should get virus protection, spyware and a reliable internet explorer like Firefox.
My last recommendation to protection your free triple score report sounds simple enough, but a lot of people fall victim to it everyday; you should never give your Social Security Number over the telephone to a company you do not trust. Unless you have a long lasting relationship with a certain company, it is better to deal in person. If you must give sensitive information over the phone such as banking, try to establish a relationship with one particular individual in that department before you do so.
Cynthia
Here’s How To Get Credit Bureau To Erase Negative Info
Conleth Onu asked:
Is bad credit ruining your life? Have you been denied credit because of negative information on your credit report? Do you want to learn how to make a good credit report instantly? If you answered yes to the above questions, you’re in the right place.
Having a bad credit record will make your life difficult in many situations. Nothing can slow you down faster financially than negative information contained in a credit bureau file. Sometimes, the information is true, other times it is deceiving or even totally wrong. What can you do if you believe that you have been turned down for credit because of inaccurate or outdated information?
There are some steps that you can take, to get rid of blemishes on your report. Your first step should be to get your credit reports from the three major credit bureaus. You can get a free copy of your report one time a year, and you can also obtain one at no charge if you have been denied credit within the past 60 days.
Once you have obtained your report, examine it carefully. Make sure that all information is being reported correctly. If you find any incorrect information in your report, you can dispute it with the credit bureau.
Send a letter to the credit bureau explaining your dispute. When filing a dispute, tell the credit bureau what information you believe is incorrect and the reason why. Include any documentation that would help support your claim.
By law the credit bureaus are required to delete negative items from credit reports whenever a particular item reaches a certain age. Also, inaccuarate or unverifiable information must be deleted from credit files.
If there are accounts on your report that need to be settled, you can negotiate with the creditors. Be sure to have the creditor sign and date the settlement proposal and return it to you, before you pay them.
Once you have finished eliminating negatives from credit report, and have a clean clear credit report, it’s time to add positive information on your report.
A secured credit card can help you build good credit. It looks and works like any other major credit card. Secured Visa and Mastercard are issued against your depositing cash in a financial institution. That deposit serves as a collateral for the credit card. If you maintain a good account, your excellent credit rating will be recorded on your report.
Another effective way to add positive credit information to your credit file is to take out a small installment loan from a bank and pay it back promptly.
You can also build good credit by getting Department Store and Gas Company credit cards. By having your very own major credit card, you can qualify for instant credit at many department stores and gas stations.
Once you have established a good credit rating, you will be eligible for loans, credit cards, and other items of credit.
Rodney
Is bad credit ruining your life? Have you been denied credit because of negative information on your credit report? Do you want to learn how to make a good credit report instantly? If you answered yes to the above questions, you’re in the right place.
Having a bad credit record will make your life difficult in many situations. Nothing can slow you down faster financially than negative information contained in a credit bureau file. Sometimes, the information is true, other times it is deceiving or even totally wrong. What can you do if you believe that you have been turned down for credit because of inaccurate or outdated information?
There are some steps that you can take, to get rid of blemishes on your report. Your first step should be to get your credit reports from the three major credit bureaus. You can get a free copy of your report one time a year, and you can also obtain one at no charge if you have been denied credit within the past 60 days.
Once you have obtained your report, examine it carefully. Make sure that all information is being reported correctly. If you find any incorrect information in your report, you can dispute it with the credit bureau.
Send a letter to the credit bureau explaining your dispute. When filing a dispute, tell the credit bureau what information you believe is incorrect and the reason why. Include any documentation that would help support your claim.
By law the credit bureaus are required to delete negative items from credit reports whenever a particular item reaches a certain age. Also, inaccuarate or unverifiable information must be deleted from credit files.
If there are accounts on your report that need to be settled, you can negotiate with the creditors. Be sure to have the creditor sign and date the settlement proposal and return it to you, before you pay them.
Once you have finished eliminating negatives from credit report, and have a clean clear credit report, it’s time to add positive information on your report.
A secured credit card can help you build good credit. It looks and works like any other major credit card. Secured Visa and Mastercard are issued against your depositing cash in a financial institution. That deposit serves as a collateral for the credit card. If you maintain a good account, your excellent credit rating will be recorded on your report.
Another effective way to add positive credit information to your credit file is to take out a small installment loan from a bank and pay it back promptly.
You can also build good credit by getting Department Store and Gas Company credit cards. By having your very own major credit card, you can qualify for instant credit at many department stores and gas stations.
Once you have established a good credit rating, you will be eligible for loans, credit cards, and other items of credit.
Rodney
Question for Bbdancer, CatDad, Echo, Spiffiman or knowledgeable contributors?
Ashley asked:
I am 20 years old, and pulled my credit report about 3 months ago. I found three collection accounts on my credit report.
I am 20 years old, and pulled my credit report about 3 months ago. I found three collection accounts on my credit report.
I first disputed the accounts with the credit bureaus, who all verified the accounts. These accounts are not mine, I know they are not mine, for a business in a state I have never been to.
My next step was to send the collection agencies a certified letter requesting validation of debt, that was over 2 months ago, no response from any of them.
I was doing research on Y/A and found out that now I should dispute the accounts with the credit bureaus again and send certified mail with copies of validate letters, that they failed to answer OR I should contact the credit bureaus for something called Method of Validation.
My question is can anyone help me with a sample letter or tell me how to word a letter to the credit bureaus saying they should delete the accounts because the collectors did not validate. I am not good at writing letters, I feel inadequate.
Also should I list all three accounts on one letter to each bureau?
Lucille
What legal action do I have against a debt collector who refuses to validate a debt?
Posted by admin in Law & Ethics on July 18, 2010
Grand Master B asked:
I have been trying to clean up my credit and I have had a lot of luck doing so. Most of the debts have been deleted from my credit report except for a few. But one debt collector has been particularly difficult. Asset acceptance says I owe over a thousand dollars from an old credit cardd. All three bureaus said the the debt was verified by Asset when Itriedd to dispute the debt with themoriginallyy. I have sent at least 3 certified letters over a 4 or 5 month period to them requesting validation of the debt and the have sent me nothing. They still continue to send me bills and are also still reporting the debt to all the creditbureauss. Whats my next step? Can I go back to the credit bureaus and demand them todeletet it because the debt collector obviously can not prove the debt? As a last resort I think I might have to sue Asset in order to get this information deleted from my credit reports, but what exactly can I sue for and how much should I sue for?
Micheal
I have been trying to clean up my credit and I have had a lot of luck doing so. Most of the debts have been deleted from my credit report except for a few. But one debt collector has been particularly difficult. Asset acceptance says I owe over a thousand dollars from an old credit cardd. All three bureaus said the the debt was verified by Asset when Itriedd to dispute the debt with themoriginallyy. I have sent at least 3 certified letters over a 4 or 5 month period to them requesting validation of the debt and the have sent me nothing. They still continue to send me bills and are also still reporting the debt to all the creditbureauss. Whats my next step? Can I go back to the credit bureaus and demand them todeletet it because the debt collector obviously can not prove the debt? As a last resort I think I might have to sue Asset in order to get this information deleted from my credit reports, but what exactly can I sue for and how much should I sue for?
Micheal