Most people who have bad credit think there is nothing they can do about it. They mistakenly believe that they have to live with their bad credit for a long time. You don’t have to live with bad credit or pay hefty fees to have your credit repaired. You can remove bad entries in your report and rebuild your credit profile. You don’t need to spend a fortune to accomplish this. Armed with the right information you will be on your way to rebuilding your credit record.
Identity Theft – When It Happens To You
Identity theft is no joke. Even though someone else has stolen your identity, the credit bureaus still mark you down as a bad risk. Its up to YOU to protect yourself from identity theft. Here are some tips on how you can do that!
Improve Credit Score Ways To Raise And Protect Credit Score
When a potential creditor pulls your credit report, they will learn your employment, address, and credit history. Details about credit history are their primary concern. For this matter, it is important to maintain a good payment history with creditors. This will likely result in a better credit score, which affords better financing options.
If your credit score is low, making an effort to raise your score will serve to your advantage.
Benefit of Regular and Timely Paym…
Information On Credit Repair Scams
With many people on the verge of bankruptcy, you need to be careful about credit repair scams.
Learn More About The Laws Governing Bad Credit And Debt
There are a number of laws on the books to protect people who have bad credit ratings. These laws are important, and you should know about them in order to protect yourself from unfair practices performed by collection agencies. The federal Fair Credit Reporting Act (FCRA) was enacted to protect debtors from creditors and collection agencies.
As a debtor, you have a right to ask creditors and collection agencies to stop hounding you. You must contact these agencies right a…
How To Get Rid Of Your Bad Credit In Two Months
You were sure that you would get the loan that you applied for, but to your surprise, a bank turned down the loan. The bank explained to you that you have bad credit and they consider you sub prime. What, you may, ask is sub prime? Sub prime means that you have bad credit and score of less than 620 on the FICO scale / rating. This however doesn’t mean that you can’t apply for loans. There are many lenders and companies who specialize in lending to sub primers.
Ways to get …
How To Repair Bad Credit
The first step needed to overcome a bad credit is to snatch a copy and take a look into your own credit report because incorrect information on your credit report will only make matters worse if you already have a bad credit rating. According to the US Public Interest Research Group, one quarter of the credit reports ordered contained errors. You can order a copy of your credit from three credit reporting agencies Experian, Trans Union and Equifax. You are entitled to one f…
How to Repair Your Credit and Buy a Home
Most of us, at some time or another, have done something to adversely affect our credit rating, perhaps without even knowing it. A late or missed credit card or home mortgage payment is just one example. When you buy a home, your real estate agent will encourage you to get pre-approved for your mortgage. Its during the home loan application process when problems often come to light.
How To Repair Your Credit With Credit Counseling
Budgeting is a skill, like anything else, and takes practice. Some people have a natural aptitude for managing their income and staying in positive standing with their debtors. Most people have some kind of debt, whether its a credit card bill, a mortgage, or a car loan. Managing your debts properly will result in a good credit rating, and allow you to receive credit in the future. Making late payments on your loans – or worse, letting them go into default – will leave you s…
How To Spot Credit Repair Scams
Spotting credit-repair scams is getting harder every day.
Free Annual Credit Reports – Strategies to Avoid Imposter Websites
Consumers can now request copies of their credit reports from the three major Credit Reporting Agencies for free every twelve months. One method to request copies is through a centralized website at the address annualcreditreport.com. Only this website allows consumers to order free reports online. All other websites claiming to offer free credit reports are frauds.
Home Owners Avoiding Complications In Credit Repair
Avoiding complications in credit repair is almost important as getting out of debt. When we have bills that were neglected simply because we didnt have the money to pay the bills, or else we purchased items instead of paying the bills, we are in debt. If you are considering a Home Equity Loan to get out of your current mortgage DONT. Why?
Simply because most Home Equity Loans get you deeper in debt and once you are obligated you will find the problem is more complicate…