Last summer, Consumer Reports asked 5,858 volunteers to ask for their credit report and examine it for any errors. And more than one-third of them did indeed find at least one error on their credit report. And this wasn’t the only time Consumer Reports and others have found such damaging results. And those errors matter; […]
Category Archives: Credit Scores
In 2017, credit bureau Equifax was hacked, and the records of approximately 147 million people were compromised. Unsurprisingly, lawsuits were filed, and, as part of a court settlement, those impacted by the breach were ultimately offered a choice between a one-time payment of $125 or four years of free credit monitoring. It may seem like […]
If you were doing some last-minute holiday shopping online, you might have seen a new option as you chose to purchase your item: Instead of paying the full amount, you could pay a portion at the time of purchase and space the rest over time (often, four payments made every two weeks). But what that […]
Your credit score wields a lot of influence over your life. It can be the make-or-break determinate when buying a car, securing a mortgage, or accessing a line of credit for a new business venture. We’d like to think the logic behind our score is pretty bulletproof, but that may not be the case. In […]
https://www.cnbc.com/select/why-you-should-know-your-fico-credit-score-how-often-to-check/ Checking your credit reports for free at http://annualcreditreport.com/ is a good start. But to know the score(s) used by most lenders — the FICO score(s) — consumers must look beyond just their free credit reports or even the Vantage scores offered by the credit bureaus.
Consumers have a lot to do to stay financially healthy. One of those priorities includes knowing what the credit bureaus are reporting. http://www.consumerreports.org/credit-scores-reports/why-the-pandemic-may-be-hurting-your-credit-score/
Hard to think of a better way for a consumer to know what credit report companies are saying about them than checking your credit reports frequently. Visit http://annualcreditreport.com/ for free weekly credit reports during the pandemic. https://www.nytimes.com/2021/02/19/your-money/credit-report-errors.html
Confirmation of President Biden’s nominee Rohit Chopra will pivot agency back to only job: protecting consumers WASHINGTON — Consumer complaints about problems with financial companies such as banks, credit bureaus and debt collectors rose by more than 50 percent in 2020 and set new records for each month of the year, according to a new […]
Reminder — free credit reports available every week, not just once a year. Know what’s reporting about you including any errors. Same website: annualcreditreport.com To dig deeper, obtain your free file disclosures from the many specialty consumer reporting agencies: https://lnkd.in/gJfZbHt
Free credit reports usually come once a year. Hence the website name www.annualcreditreport.com Good news — consumers can now obtain their credit reports from Equifax, Experian, and TransUnion on a weekly basis from annualcreditreport.com. This is the free site authorized by the federal Fair Credit Reporting Act.