Archive for September 2009

Authorized or unauthorized credit check by loan officer?

pichon asked: My loan officer checked my credit to get prequalified for a loan. He is also my REA and checked my credit again 10 days after. I monitor my credit with my a credit agency and notice a new inquiry and question him about it and he said it was standard practice by the [...]

Free Credit Report; is it Necessary During Today’s Times?

Mike Clover asked: Credit WorthinessFree Credit Reports are plastered all over the place, internet, TV, radio, and mail. The need to know is so important these days because everyone wants to know your credit. The current credit crunch that is taking place is making it tough to get loans, jobs, credit cards, and / or [...]

How To Get Your Credit Report Free

Danny Thompson asked: Because of a new federal law passed in 2005, you can now get your credit report free from all 3 of the major credit bureaus (Equifax, Experian and TransUnion).Thanks to this legislation, credit reporting agencies are required to provide you with a free copy of your credit report on an annual basis [...]

Equifax credit score, is my credit score updates every month?

Jenni asked: I have an account on equifax.com to monitor my credit score and activity. I opened the account in July and since then I have found and resolved some pretty major errors (11 thousand dollars worth) and I have also paid off the debt that I had on there, and opened a new credit [...]