Credit Repair For Free!

Here’s an email I got today from Jennifer.

Jen and Ken filed bankruptcy in February 2010. Because Jen’s bankruptcy does NOT show on her credit report, her credit score is much lower than Ken’s.

( Jennifer and Ken are not their real names.)

If your after bankruptcy credit rpeort isn’t right, we’ll work with you on dispute letters to the credit bureaus. If letters don’t work, we’ll sue.

“Mr. Weed:

“Our discharge was a one year ago in June 2010. When we tried to buy a car back in December 2010, the Chapter 7 discharge was not on my credit report. I pulled my credit a few days ago and the discharge is still not showing, many account are marked as delinquent and my score is terrible. I filed several ‘disputes’ with Equifax but this could take up to 45 days. Why is the discharge not on my credit report? What can I do to fix this?? I am very frustrated that my credit looks terrible. The discharge Read full article…

Tags: Credit Report, Report

Triple score credit report is important in United Kingdom for each and every person. In last couple of years, incidents of identity theft have increased a lot. The worse scenario of this problem is that person does not know that his/her identity is being used by another person. Now days, many clever people use the credit score or report of another person to buy house or borrow loan from lenders. Even, many times, you receive the bills through email or mail for products you never purchased.

In recent time, triple score credit report has emerged as one of the best ways to secure your identity. With the help of this financial tool, you can protect yourself easily. In this option, a person is entitled to get one free credit report once in year from leading credit bureau. Once you receive your report, it is your responsibility to check every detail properly and precisely.

Read full article…

Tags: Credit Report, Report, Score Credit, Score Credit Report

Instant credit report can help people a lot especially in United Kingdom where salaried people have to face unforeseen expenses. In order to tackle such expenses, people apply for loans and lenders don’t lend the money without credit score. At times, lenders ask you to deposit or show the credit report within few hours. In many states, you are allowed to get the free copy of report without any problem but it consumes lot of time.

Usually, UK citizens raise this question how they can get the instant credit report. There are two ways to get the report quickly, first, with the help of leading credit bureaus and second is internet. As we all know that nothing can beat the speed of internet, either you are looking for loan or your report. Credit bureaus may consume a bit time to produce or generate a report but with the help of internet, you can get the on the spot result in few minutes.

As far as accuracy is concerned, instant credit report can provide you the accuracy up to 90-95%. A

Read full article…

Tags: Credit Report, Instant Credit, Instant Credit Report, Report

On your after-bankruptcy credit report, your mortgage is the account most likely to be wrong.  What the mortgage companies do is far worse than HSBC (see my Nov 22, 2010 blog).  HSBC just parks your late status and doesn’t update showing bankruptcy.  The mortgage companies often update every month, saying you are late and getting later.

This leads me to two questions.  Why are they doing this?  And how?

The credit bureaus promised the judge in the Terri White class action they wouldn’t allow this.  They promised to block creditors from updating late accounts  after bankruptcy.  (The exceptions are things the bankruptcy doesn’t clear up–like child support and taxes.)

So how are they getting away with it?

The answer is in the credit reporting instruction manual, published by the three credit bureaus.  The manual, called Metro 2, includes about a dozen codes for bankruptcies.  Chapter 7, chapter 13, discharged, dismissed.

One of those codes, Code Q, means ignore the bankruptcy.  We’re seeing mortgage

Read full article…

Tags: Credit Report, Mortgage Companies, Report

Credit Q&A: “How often to check your credit report?”

Credit reporting seems to be all the rage these days, now that a ton of companies have realized how profitable the fear of the unknown can be.

Now don’t get me wrong – staying on top of your credit history is extremely important, especially when it comes time to apply for a credit card or a loan.

But it may have been blown out of proportion just a bit in recent years.

There are a ton of services out there nowadays to keep track of your credit, such as credit monitoring, which tracks it continuously, and free credit reports, which allow you to access your credit report for free for a week or so, before converting into full blown credit monitoring programs.

See credit monitoring vs free credit reports for more on that.

Choosing which is right for you will depend on your unique situation. As I me

Read full article…

Tags: Credit Report, Report