redhairedmama75 asked:


I checked my credit score today and it has dropped 22 points with in the last week or so. According to my credit report my revolving debt is $60.00 than it was the last time which is about right BUT when I look at the individual accounts on my report all the balances say the same exact thing they did a week ago.

I belong to a credit monitoring service offered through one of my credit cards so I can get a free credit report and updated score as often as I want.

Gilbert

Tom Ambrozewicz asked:


A few years ago, the government passed a law allowing every citizen to receive a free annual credit report to track their credit history with the recent increase in identity theft. This report is easily available online and provides you with all three national credit reporting agencies’ information on your credit history. Your score is not provided in this case.

Because of the popularity of this new law, many con artists and identity thieves have come out of the woodwork, creating free credit report web sites to scam people out of money as well as steal their identities – ironically, something the new law was supposed to help stop. There are over 100 free report web sites online at the moment; however, there is only one web site where you can get the real free credit report online: www.annualcreditreport.com.

These scammers often charge a “small fee” to receive what was supposed to be a free credit report. There are also fake web sites that record your personal information, by asking for your Social Security number or asking for credit card information, from which anyone can steal your identity or run up charges on your card and ruin your credit.

You can detect these scam web sites in several ways. Most of these scam web sites have a similar name to the official free credit report web site, but you can discern the difference because these web sites often have misspelled words, typos, or small grammatical errors, like a period being out of place. Also, as most of the web sites charge you a fee to get the report, remember that you are entitled annually to a FREE credit report. Even if they ask you for your credit card information and state that they will not charge you a fee – this should be suspect. If you get an e-mail or solicitation, be sure to read the fine print carefully before responding. Some have found that certain web sites or solicitations do offer a free credit report, but you have to enter your credit card information, and by doing so, you authorize them to charge your card for credit monitoring services.

Remember, you can get your free credit report either online at the above-mentioned web site or by phone or mail. You can also contact any of the three national credit report agencies, Experian, Equifax, and TransUnion, and they can also point you in the right direction.



Barbara

Anna Josephs asked:


Free credit report online will help to know your yearly credit status. You can find numbers of online sites those who gives you free credit report, free credit scores and free credit monitoring but very few sites are legal sites and are authorized to issue such annual free credit report.

The Fair Credit Report Act requires each of the nationwide consumer reporting companies. There art three legal financial companies Equifax, Experian, Trans Union to provide you the free copy of your annual credit report at your request once every 12 months.

Free credit report online includes all the information related to you like where you live, how you pay your bills and whether you have been sued, arrested or field as an bankrupt.

This credit report helps you in doing big finance deals like purchasing furniture, property or vehicles at the same time it may be problematic to some of them if they don’t have a good credit report.

Free credit report online saves your time the only thing you have to do is they provide you with the annual credit report form you just have to fill it with all the correct information’s. take care that you don’t provide any false information regarding your credit card number or regarding your billing because if you fill the false information your will not be accepted and it will be rejected, so try to avoid all such things and save your time with free credit report online.

Anna Josephs is a freelance journalist having experience of many years writing articles and news releases on various topics such as pet health, automobile and social issues. She also has great interest in poetry and paintings, hence she likes to write on these subjects as well. Currently writing for this website Free Yearly Credit Report . For more details please contact at annajosephs@gmail.com



Leon

Client_u asked:


Ladies – Don’t be shy! Most will deny, but I know of at least 4 that have.

Al kohol is usually the number one factor. Someone usually pours you into bed and monitors your breathing with a mirror.

I can honestly say it was about 6 years ago for me. After I sobered up, I found the $1200 bar tab on my credit card.

Dry-heave Poll: Love Them >OR< Hate Them?

Carol

Mansi Gupta asked:


Big and small loans have become quite a commonplace these days. Borrowing money has also become quite frequent with the advent of credit cards. As more and more people are banking on loans and other money borrowing techniques to accomplish their tasks, in order to save themselves from deceit banks and other money lending organizations have started enquiring about the individual’s history first.

The information so sought by banks and such organizations is in the form of a credit report. For any lender/s a credit report is the ideal way to determine a person’s creditworthiness. A credit report is a document that lists the concerned person’s credit history, employment and residence history. The personal details so mentioned in the report are the details filled by the person in his credit application. The report is created and updated using information from banks, traders and other creditors. Credit report also lists any judgments, tax liens, bankruptcies or similar matters of public record entered against the individual. In simple terms the report also records the number of times your credit report has been sought whether by a lender, service provider, landlord or employer which remains for up to two years.

Reflecting on a person’s past credit structure, a credit report thus enables a creditor to assess the ability of a person to repay the loan or make timely payments. This makes it easy for him to decide whether the loan is to be sanctioned in favor of the person or not.

But the fact is that a credit report can never be made available to any organization without the consent of the person being reported on. Moreover there are times when reporting agencies refuse to provide credit reports or investigate credit disputes, saying that they cannot identify the consumers. They ask the consumer to mail the copies of ID and utility bills or any other important documentation. Also for men and women in military it is even more difficult to get their own credit reports and many a times when you are overseas, it is just impossible to get that.

Lately it has been seen that access to credit information is proving to be a bone of contention for the businesses and consumers. Some big fish in this market such as Equifax, Experian and Trans Union are planning to introduce their own multi-agency credit score to outwit each other.

Every such company aims to make profits by providing accurate and instant credit information to the consumers. But unfortunately most often the results are disastrous in the form of inaccurate credit reports, identity theft and huge fees for credit monitoring after the consumer’s identity has been made available to thieves.

However a lot of nuances can be prevented if the consumer is cautious. After an individual gets his report, he should study it thoroughly. Anything negative on the report should be corrected right away, like the unpaid bills. Once you have paid the dues, let the concerned business notify the credit-reporting agency of it.

The accuracy of the report i.e. opening of any new account, charges you did not make or negligence or crime you are not responsible for etc. should also be carefully checked. If there is any fault, immediately report the concerned credit report agency about it.



Sandra

Mark Aucamp asked:


If you believe everything in the news these days, it’s almost impossible to get a good deal on credit. Luckily, that’s just not true. If you have a good credit rating, you can still qualify for some great deals – whether you want a card, loan, mortgage or simply the right mobile airtime package. Follow these tips and you could see a real improvement to that all-important number.

Month 1

Understand credit ratings

When lenders decide whether to grant you credit and what interest to charge, they calculate your credit rating (also known as a credit score) to assess the likelihood that you will repay what you owe them. They do this by allocating a value to items from your application and your credit report – the personal history of your credit accounts, such as loans, cards and mortgages – and adding them up to get a single number. In general, the higher your score, the easier you’ll find it to get credit.

You don’t have a single credit rating, as every lender uses a different formula. Your credit score also changes over time, as your circumstances change – which is where these tips come in.



Check your credit report

It’s crucial that this is up to date and accurately reflects your circumstances, so lenders don’t turn you down unnecessarily or lend more than you can really afford to repay. Start by getting an overview of your credit accounts and how well you’re managing them. You can see your Experian credit report online with a 30-day free trial of the credit monitoring and ID fraud protection service CreditExpert.

It’s an urban myth that your credit rating suffers every time you look at your own report. In fact, checking your credit report regularly could help you to manage your finances better and build a better credit score.

Month 2

Register to vote at your current address

The electoral roll is used to confirm that you live where you say you do – you may lose points if you don’t appear and lenders may ask you to provide further proof of residence or even turn you down.

Set the record straight

If you find any discrepancies on your report, such as an account that is closed but is listed as open or a late payment that you know you made on time, get in touch with the relevant lender and explain the problem. Be prepared to provide proof and ask them to amend the entry.

Month 3

Give yourself some breathing space

Look for zero per cent balance transfers or spending deals on credit cards, which will give you some breathing space while you sort out your finances – but remember to save up the money to repay them when the introductory period is up.

Close unused accounts

Target unused accounts listed on your credit report and close them down. Lenders take into account the amount you could borrow when they decide what to offer you. Lower that total and you could increase your credit score.

Month 4

Make the most of savings on your mortgage

If you have a tracker mortgage that has benefited from the record lows in interest rates, now’s the time to consider whether paying off more of your home loan will leave you better off rather than using the surplus to repay other debts. Check first that you won’t be penalised for any early repayment.

Rationalise your borrowing

Get out your statements and work out which of your remaining accounts are costing you most in interest, then do your research to see if you can roll them up into a single, less expensive loan. If that’s not possible and you have spare cash, use it to pay off these debts first – you’ll be better off than if you keep the money in the bank and, as your balance falls, your credit rating could rise.

Month 5

Explain yourself

Past financial problems such as missed repayments stay on your credit report for at least three years, while IVAs and bankruptcies are there for a minimum of six years. If special circumstances explain why you got into trouble, you can ask to add a note of explanation that will be seen by lenders. For example, you might have had an accident and skipped a few repayments but have never had any problems before or since.

Sweep up your footprints



Every time you make an application for credit, the lender will search your credit report and leave a record known as a footprint. These stay on your credit report for 12 months and lots of these in a short space of time can make them fear that you’re desperate for money or even suspect that a fraud is being planned, so if you spot something listed as an application when you were only asking for a quotation, contact the lender and ask for it to be removed. When you want to know what kind of a deal you can get, be careful to ask for a quotation search that won’t count against you.

Month 6

Protect your ID



ID fraud is one of the fastest-growing crimes of the 21st century. It takes place when a criminal gets hold of enough of your personal data and impersonates you, take over your accounts, borrow money in your name – and trash your credit rating. When you check your credit report, look out for unfamiliar transactions or applications and tell the lender immediately if you think you’re a victim. The Home Office recommends this as an effective protection.



Update your relationships



One section of your credit report lists your financial associates – people with whom you have a financial relationship, such as a mortgage or joint credit card account. Lenders may check the credit reports of your financial associates when you apply for credit, as their situation could affect your ability to repay what you borrow, so it’s important to ensure that the list is up to date – or you could be penalised for someone else’s financial problems. It’s always best to close joint accounts when a relationship ends.

So how are you doing?

See whether you’ve boosted your credit rating by ordering your Experian Credit Score for £5.95 at any time when you check your Experian credit report with CreditExpert. It won’t be exactly the same as one calculated by a lender but it will demonstrate the impact of your credit history on your credit score and help you to track your progress.



Benjamin

Mardie Caldwell, COAP asked:


Security is on everyone’s minds these days, and with good reason. If you’re careful and take a few steps to prevent problems in advance, you shouldn’t have anything to worry about in your adoption journey. Here is a the little-known fact that might help you.

Did you know that you can take advantage of federal law requiring each of the national credit reporting agencies (Equifax, Experian, and TransUnion) to provide you with a free copy of your credit report once every 12 months? These reports will show you if someone has opened a credit account in your name. You can request free credit report from a different agency every four months at Annual Credit Report. Remember there are companies of similar names that request credit card numbers before providing you with a report and then bill you for a credit monitoring service. This is not what you are looking for. The report you’re looking for is free.



Jerome

Proverbs 31 Woman asked:


I need a VGA cable and a 1/8″ inch audio cable for all under $30.00 including shipping…doesn’t have to be from the same place, but would be great. I think I need these to hook my hard drive up to my flat screen so I can use my flat screen as a monitor. Thank you for your help! I don’t know anything about such things! BTW, I do NOT have paypal…I only have a credit card. Thank you in advance! <><

Daniel

Ryan C asked:


I just recently applied for a motorcycle loan, only to find out that I had been denied because of a tarnished credit score. I took a look at my report for the first time in 27 years (not knowing anything was wrong, and never having any issues before now) and Im ready to fix and monitor it. I found out about two potentially bad closed but negligent accounts (local and long distance phone bill from several years ago, ex g/f, long story) that had just popped up within the last month. I immediately paid them both off for the full ammounts, even though they offered a settlement. They told me that the credit bureaus would be notified within 1 week. I have 3 credit cards, not maxed out, but with fairly high balances, which Im going to be paying down to the 30% area within the next week also.

All things considered, how soon could I expect my credit score to increase to a more favorable number? I currently find myself at 590. Any tips for a speedy recovery?

Martha

Alicia Guidry asked:


Are you tired of hearing the word ‘No’ when it comes to a car loan? I explicitly wrote How To Buy A Car With Bad Credit specifically so that you could hear the words ‘yes’. Who am I, you ask?

I spent 14 years in the automobile business as a Finance Manager so I believe it’s fair to say that I know a thing or two about getting a loan approved and financed, irregardless of your past credit history.

Remember, regardless of your past credit history, you still need a car, want a car and most of all, you deserve a car. You should also be treated with respect and presented with choices. I’m going to teach you how to get hand-picked selections when financing a bad credit car loan and getting your approval the easy way. I know a few insider tips about Ford Motor Credit and all the other big name lenders that may help you here. First of all, all lenders now purchase deals based on what is called a beacon score, which is the same as your credit score. There are three credit bureaus that make up the package. Each lender will choose whichever credit bureau(s) they prefer when looking at your credit or a combination of bureaus. I highly advise everyone to have all three credit bureaus pulled when checking your credit and to pay for the credit score. If you only look at one bureau, you’re only seeing part of the whole picture. Keep in mind that each credit report will have different information listed on it. Bad credit car financing is an art and there is a skill to it. If your credit score happens to be around 600 or higher, Ford Motor and GMAC will look at your deal with the intention of purchasing it; there are a few exceptions. They are as follows: 1- You cannot have had a previous Ford Motor or GMAC repossession- 2- If you have had a repo with another lender, it needs to be a year or older; if you have had 2 repo’s, forget it and move onto another lender. 3- You can be freshly discharged from a bankruptcy, have a high enough beacon score and qualify for a loan with Ford Motor and GMAC. You just can’t have any negative credit after the bankruptcy was discharged. With the exception of these three things, beacon score will play a large part in your approval. Staying within your financial means is another, so be realistic. If you make $2500 per month and have $1200 going out, don’t walk in all high-and-mighty and tell the Finance Manager that you will only have an Expedition or nothing. You’ll end up with nothing.

In order to effectively use my system, you are going to have to know what your credit looks like and what your credit score actually is. Otherwise, you are working in the dark. Pay for the credit score or it’s just almost useless. With the credit score, you will know whether or not you qualify for a lender such as Ford or GMAC. Also, the higher the score, the lower the interest rate. Got it? With a bad credit loan, the higher the beacon score, the better.

Let me explain websites like cars.com and the like: They collect applications for car loans online. They then have a network of dealerships that PAY them for the leads. These are generally dealerships that have departments that specialize in getting you financed, regardless of your credit. These departments pay for these leads, so most take them very seriously, as they are their bread-and-butter, so to speak. If you have a lower than usual credit score, a current repo or just plain, all-around bad credit, this might be the way to go. If your credit is really, really bad, remember that you are going to need some cash or a paid-for trade in that’s actually worth something. O.K., now for the step-by-step system that I promised. First, take control of your car deal! You need to be in the driver’s seat, if at all possible. Go online and run a copy of a tri-merge, which is all three credit bureaus combined, plus pay for your credit score.

This is the new Federal law that actually entitles you to receive a FREE copy of your credit bureau once per year and with some other exceptions. This is not a credit monitoring site. You have to run each bureau separately; Experian, Equifax and TransUnion. Then, you have to pay for the credit score seperately. So as to hold down on confusion, here’s the scoop: Each credit score for each separate bureau will be different. That’s why a Tri-Merge is called what it is called. You can run a specific bureau called a Tri-Merge from one company and you actually get one bureau (it’s actually all three combined but the credit score is also one credit score combined). It’s more expensive and generally runs around $34.00 but it just depends on your preference.

Now, with your credit score in hand and a copy(s) of your credit bureau, look at your credit. Do you have anything strange on there that is not yours? If so, it’s time to fix it. You should review your credit bureau at least every 6 months to a year. Plus, if your identity has been stolen, you will know quickly. P.S. you can also have a warning placed on the bottom of your bureau that simply states “Do not extend any credit on my behalf without contacting me first. Work # (111)222-3333 Home#(222)333-4444 Cell# (333)444-5555.” Call or write the credit bureaus and request that this is done. You can now do this online for free. Do a Google search for all three credit bureaus listed above;Equifax, Experian and TransUnion.

In part two, I get into the process of picking out what you want to purchase, how to know your limit, what the payments will be, how to figure your debt-to-income and what NOT to do once at the dealership. I will show you how to accomplish all of this at home on your computer first before you ever step foot on a car lot. I’ll also coach you how to shop the car lot and never have a salesman in sight. Then I give you all the tips and tricks you will need once you have a check in hand to complete the deal and handle the finance office.



Neil