L. Sampson asked: Knowing what is on your credit report is important and with the plethora of companies that offer instant online credit reports for free, getting a copy of yours is easier than ever. There are good reasons to take advantage free online credit reports, but with anything that contains your personal information, there [...]
Thomas Morva asked: The Fair Credit Reporting Act (FCRA) regulates the quality of a credit report and any errors occurring in the report should be corrected immediately so that future financial disasters can be avoided. Under the FCRA, the credit reporting companies as well as the person concerned are responsible for correcting the mistakes in [...]
Tim Gorman asked: Under the Federal Fair Credit Reporting Act, the credit rating agency must remove accurate, negative information from your report only if it is over seven years old. Bankruptcy information can be reported for ten years, so this is one topic that actually states just how long negative information really stays on credit [...]
Sophie Wilson asked: Having knowledge about your credit score is quite essential nowadays. You will have to show it in almost every financial purpose whether it is while seeking a loan, while applying for a credit cards, getting an auto or a home loan or for applying for a job. The necessity of the knowledge [...]