How Accurate Are Credit Reports? Survey Says…
How Accurate Are Credit Reports? Survey Says… Credit Cards by John Ulzheimer Share Share Email There have been limited studies on the accuracy of credit reports. One,however, was conducted recently on the web by the American Consumer Credit Counseling (ACCC), a non-profit credit counseling agency. There were 150 respondents, which is not a statistically significant […]
Why do employers pull credit reports?
Why do employers pull credit reports? Credit Report by John Ulzheimer Share Share Email Of all the credit related topics I write about none of them (and I really mean NONE of them) stirs up more of an emotional reaction than the use of credit reports by employers. Employers, as you may know, are allowed […]
What Are Account “Ratings” on my credit reports?
What Are Account “Ratings” on my credit reports? Auto Loans by John Ulzheimer Share Share Email Have you ever seen an actual raw credit report? Meaning, a credit report that has been produced directly from a credit reporting agency for the purposes of lending and not a credit report cosmetically changed for consumer consumption. If […]
Who can legally access my credit reports?
Who can legally access my credit reports? Civil Penalty by John Ulzheimer Share Share Email Relax, not everyone can review your credit report. Only those with a legitimate business need can request it for reasons such as: for credit, a service, loan application, or employment. The requirements are set by the Fair Credit Reporting Act […]
How Bad Are Collections For My Credit Reports and Credit Scores?
How Bad Are Collections For My Credit Reports and Credit Scores? Auto Loans by John Ulzheimer Share Share Email “John, I’m in a battle with a doctor’s office over a bill they sent to me that I know is supposed to be paid by my insurance company. I flat out refused to pay it and […]
Do I Need To Worry About My Credit Reports if I’m Not Applying For A Loan?
Do I Need To Worry About My Credit Reports if I’m Not Applying For A Loan? Auto Loans by John Ulzheimer Share Share Email You may have all the credit cards you need, including a mortgage and a car loan. Why should you be concerned about your credit? You have no need for any additional […]
If I Pay A Collection Will It Stay On My Credit Reports For Seven More Years?
If I Pay A Collection Will It Stay On My Credit Reports For Seven More Years? Credit Monitoring by John Ulzheimer Share Share Email I recently received this question from a reader regarding how to deal with old unpaid collections. “John, I am applying for a mortgage loan and the loan officer is telling me […]
How Can I Get A Collection Removed From My Credit Reports?
How Can I Get A Collection Removed From My Credit Reports? Credit Monitoring by John Ulzheimer Share Share Email First, how did the collection get there in the first place? After a lender has made many attempts to get you to pay a bill that is past due and has not been successful, they may […]
Why Is My Boyfriend’s Credit Card On My Credit Reports?
Why Is My Boyfriend’s Credit Card On My Credit Reports? Credit Cards by John Ulzheimer Share Share Email The following question was submitted as a comment to one of my articles, via Facebook. “John, I have an error on my credit report and I need to get it corrected. My boyfriend’s credit card is on […]
What Are Credit Reports and When Might You Need Yours?
What Are Credit Reports and When Might You Need Yours? Credit for Beginners by David B. Coulter Share Share Email Many of us won’t even become aware of credit reports until we apply for our first car loan, credit card or mortgage. To some, it can be a shock that there’s a record of our […]