Free credit scores for everyone should be available soonNews from cleveland.com:
CLEVELAND, Ohio — A dozen years after lawmakers forced the major credit bureaus to give consumers their credit reports free, there’s a new push for credit scores to be provided free, as well.
On Monday, Equifax, TransUnion and Experian agreed to do a better job of investigating errors on credit report when consumers report them. The three bureaus also will now wait six months before posting delinquent medical bills to people’s credit reports. The changes are part of a settlement […] Continue Reading…
How Can I Find My Credit Score for Free?News from Motley Fool:
Thanks to the Fair and Accurate Credit Transaction Act (FACT Act) passed on 2003, once every 12 months, consumers are entitled to free access to their formerly secret credit reports from the three major credit reporting bureaus — Equifax, TransUnion and Experian. The official website where you can nab your freebies: Annualcreditreport.com.
Unfortunately, when it comes to getting your credit score — the three-digit, bottom-line money GPA based on the information in your credit reports — Uncle Sam doesn’t […] Continue Reading…
A way out of the maze of credit-report correctionNews from Pittsburgh Post-Gazette:
WASHINGTON — Ever try to get a correction made to your credit report and feel like you’ve fallen down the same rabbit hole that frustrated Alice in Wonderland?
Under the federal Fair Credit Reporting Act, credit bureaus and the companies supplying credit information to them have to correct inaccurate or incomplete information in your files. You have to tell the bureaus and the creditors you have a problem with what’s been reported. An investigation is supposed to straighten it all […] Continue Reading…
Annual credit reportNews from WJXT Jacksonville:
YOUR CREDIT SCORE IS POSSIBLY THE MOST IMPORTANT NUMBER IN YOUR FINANCIAL PROFILE. A LOT OF WEBSITES OFFER FREE CREDIT SCORES. BUT THOSE OFFERS MAY COME WITH STRINGS ATTACHED AND MIGHT NOT BE HELPFUL. I THINK CREDIT SCORE IS VERY IMPORTANT. NO, I DON’T HAVE ANY IDEA WHAT MINE IS. I’M YOUNG AND SO I CHECK IT EVERY MONTH BECAUSE I WANT TO KEEP IT GOOD. THEY’RE JUST A FEW OF THE MANY WEBSITES THAT PROMISE A FREE CREDIT SCORE BUT BE AWARE THE […] Continue Reading…
3 Things You Probably Didn’t Know About Your Credit ScoreNews from Motley Fool:
Your credit score can have an outsize effect on your financial life, as it factors into the rates you get on your mortgage, credit cards, and any other loans you might take out. We asked three Motley Fool contributors to discuss the most important things people commonly don’t know about their credit scores.
Dan Dzombak: To start, there is not just one score.
The big three credit bureaus — Equifax, Experian, and TransUnion — each compile credit reports on […] Continue Reading…
Tips on how to repair your credit scoreNews from Bay News 9:By Angie Moreschi, Consumer Wise Host
Last Updated: Tuesday, March 24, 2015, 11:00 AM
Your credit score is an all-important number, especially if you’re in the market to buy a house, a new car or even insurance. The number is an analysis of your credit history and will sit on a scale between 300 and 850.
700 and above is considered good. To get in that range, it’s important to make sure you’re paying your bills on time.
There’s a […] Continue Reading…
The most important dates on your credit reportNews from CBS News:
By Gerri Detweiler/Credit.com
If you’ve reviewed your credit reports recently you’ve no doubt seen many dates — many, many dates. Some are more important than others. And some are absolutely critical.
A Credit.com reader asks: “What’s the difference between Date Opened, Date Reported, Date of Last Payment, etc.?”
There are two reasons why dates on your credit reports are so important. The first is that they may directly affect how long information remains on your credit reports. The second is that they […] Continue Reading…
SPAIN: Consumers will benefit from credit reporting changesNews from Rapid City Journal:
Q. I’ve heard that the credit reporting agencies are making changes in the way they correct errors on credit reports. What will this mean for an average consumer like me?
A. The credit reporting changes announced by the three national credit reporting agencies — Equifax, Experian, and TransUnion — will undoubtedly benefit you and many other consumers.
Previously, consumers had to dispute errors directly with the credit reporting agencies. In turn, the credit reporting agencies resolved a small percentage of these […] Continue Reading…
Consumer Watchdog: It’s getting easier to dispute items on your credit reportNews from Wilkes Barre Times-Leader:
Consumers scored a landmark victory this week as the big-three credit-reporting agencies agreed to make some long-overdue reforms in a settlement with New York Attorney General Eric T. Schneiderman.
The March 9 agreement means the corporate triumvirate with the power to make or break your financial life — Equifax, Experian and TransUnion — will actually begin fixing the errors on your credit reports and allow you more time to resolve medicals bills before they damage […] Continue Reading…
Credit-reporting firm changes may affect youNews from The Detroit News:Alex Veiga, Associated Press 12:03 a.m. EDT March 16, 2015
Changes at three credit reporting agencies will include handling of disputes involving charge cards.(Photo: Elise Amendola / AP)
… Read the full article
Heads up: That ‘free’ credit report may not be free after allNews from Los Angeles Times:
Jack has a straightforward question that shouldn’t have to be asked:
“What is the link for the once-a-year free reports from the three credit-reporting agencies?”
First of all, federal law requires that each of the […] Continue Reading…