Credit Inquiries The final part is inquiries. That’s a list of everyone who asked to see your credit report. Any time anyone gets into the report, it’ll post an inquiry. That means if you try to apply for a credit card,…
Public Records The next section is the part you want to be blank. The public records section is never a good story. If you have a public record on there, you’ve had a problem that has required litigation. It doesn’t…
Collection Accounts Collection accounts are accounts that are seriously past due and have been transferred to an attorney, collection agency or creditor’s internal collection agency. As your debt is transferred between different agencies, you may see several records on your…
Details Credit Information Most credit reports also give you more in-depth information about specific accounts. This is also an important part of the credit report you’ll want to review for accuracy. The following information may be reported for your account…
Intro to Credit History The next section is your credit history. Sometimes, the individual accounts are called trade lines. Each account will include the name of the creditor and the account number, which may be scrambled for security purposes. You…
Identifying Credit Information Once you get a copy of your credit report, it’s important to know how to read it. There are going to be an awful lot of numbers, abbreviations and terms you’ve never seen before. Trade lines, charge-offs,…
Obtaining Your Credit Report The first step you need to take when trying to fix your credit score is to find out what your score is and what it means. Legislation called the FACT Act was passed that allows all…
Pay Your Bills On Time This may seem obvious, but missing one auto loan payment can drop your scores 100 points or more. Staying on time with the loans you have reporting to the credit bureaus is a good start…
Credit Repair the same as credit counseling? Credit Repair should not be confused with other credit services such as debt consolidation, credit counseling, or debt negotiation. Credit repair helps consumers dispute and remove inaccurate, unverifiable, and untimely items on their…
Increase your credit scores Utilization of your credit cards, makes up 30% of your overall credit score. This is why it is always important to keep those utilization ratios low. We have found this method of lowering the utilization ratio…
