Latest Posts
Home > Tag Archives: credit report

Tag Archives: credit report

1 in 10 Americans Don’t Have a Credit Score or Credit Report

credit_report_errors

One in 10 U.S. adults is invisible to much of the American economy because they have no credit report or score, a new report by the Consumer Financial Protection Bureau has found. Those 26 million adults — disproportionately Black or Hispanic — have virtually no chance to borrow money or use credit cards. And another 19 million adults have credit ... Read More »

    Woman Is Sent 300 Credit Reports By Accident

    credit_report_errors

    A woman in Maine came home to a funny sight earlier in March when her mailbox was stuffed with more than 300 envelopes, each containing a credit report. Here’s what’s not so funny: None of them belonged to her. Katie Manning contacted a local news station (WGME 13 TV in Portland, Maine) after she realized she had all of these strangers’ ... Read More »

      Your Biggest Credit Report Complaint May Be Getting Fixed

      credit_report_errors

      Recently the three major credit reporting agencies — Equifax, Experian and TransUnion — agreed to a settlement with the New York Attorney General’s office to overhaul the national credit reporting process to better serve Americans. The agreement includes changes to the credit report dispute process, how some negative information can appear on credit reports and oversight of the creditors that ... Read More »

        I Paid Off an Old Debt But Can’t Get a Mortgage

        break free from prison pressure or quit job running away towards

        “Dear Steve, I made a move to another state for a new job in early 2007. By the end of summer in 2008 I was laid off from my job. I received unemployment pay but I was out of work for more than a year and a half. At the time I was laid off I had some credit card ... Read More »

          FTC Reviews Credit Report Dispute Process and Reaches Conclusion

          credit good

          The Federal Trade Commission has issued a follow-up study of credit report accuracy that found most consumers who previously reported an unresolved error on one of their three major credit reports believe that at least one piece of disputed information on their report is still inaccurate. The congressionally mandated study is the sixth and final study on national credit report ... Read More »

            I Filed Bankruptcy. What Should My Credit Report Look Like?

            credit good

            “Dear Steve, I filed chapter 7 bankruptcy in October 2009 and the disposition date was March 2010. I am currently reviewing my credit report, as a means of disputing any inaccuracies found on the report. Issue 1: On credit report A under public record it states that I have a $0 claim amount and a $0 liability amount. On report ... Read More »

              How Do I Deal With This Old Debt from the Collection Agency? – Tai

              credit good narrow

              “Dear Steve, A collection agency is reporting that I opened a credit card in 2011. I was actually totally unable to get credit by 2011 because in graduate school I became unemployed and had some serious financial problems. I think this is a debt from 2004. Is there anything I can do about this? Thanks in advance. I am trying ... Read More »

                I Filed Bankruptcy and Creditors Are Still Reporting Delinquent Debts. – Nancy

                beautiful girl on stool with laptop

                “Dear Steve, I have a question with regards to bankruptcy and negative reporting by creditors. I filed for bankruptcy on 4/1/13 and the Bankruptcy Automatic Stay kept creditors from collection efforts. The bankruptcy was discharged on 7/31/13 which then reverted the automatic stay to a permanent discharge. From what I understand, creditors cannot collect on the discharged debts, as well ... Read More »

                  Can the Creditor and Collection Agency Both Show the Same Account On My Credit Report? – John

                  thumb up

                  “Dear Steve, Have settlement letter from collection company and will complete the last payment in Oct. The original creditor continues to show the remaining balance of debt and reduces it with each payment that I make to the collection company .The collection company is also making monthly reports that I have the debt but no balance. Is it legal for ... Read More »

                    We Have Some Items On Our Credit Report We Want Removed – Lisha

                    No problem

                    “Dear Steve, We started to have troubles making payments. Did Bankruptcy. Trouble again and we re-fied our house not once or twice about 4! Took a 2nd out… Around and around sprial…. husband lost his job. Lost house. Moved out of state and did Bankruptcy AGAIN! It was bad decision after bad. And it was all in thinking we were ... Read More »

                      Ways to Build Credit Without Relying Solely on Credit Cards

                      Debtstar

                      For those who prefer to pay with cash and avoid the credit card debt cycle altogether, building a solid credit history and high FICO score can be a challenge – but it doesn’t have to be. Only a small portion of your FICO score is based on having and using revolving credit. The first step is to understand what goes ... Read More »

                        I Have an Old Credit Card on My Credit Report. Will It Go Away? – Julie

                        goodbye

                        “Dear Steve, There is a credit card debt on my credit report that is more than 10 years old. I can’t get any questions answered or removed from my credit report. I’m in California. How long is the debt collectable? What is the statute of limitation on collecting the debt? What can I do to get it removed? Julie” Dear ... Read More »

                          How Do I Take Care of The Two Old Debts on My Credit Report? – Alexandra

                          help woman

                          “Dear Steve, I used to have a Chase Credit Card for $500. I haven’t used it since 2008 and because of some problems and no money at that time couldn’t afford to pay it out ($331). Now I got stuck with this credit card reporting each month on my Credit history as a collection. Also I have a medical Collection ... Read More »

                            Credit Reports Screwed Up. Anyone Surprised?

                            "Credit rating" handwritten with white chalk on a blackboard

                            A Federal Trade Commission study of the U.S. credit reporting industry found that five percent of consumers had errors on one of their three major credit reports that could lead to them paying more for products such as auto loans and insurance. Overall, the congressionally mandated study on credit report accuracy found that one in five consumers had an error ... Read More »

                              How Do I Deal With My Old Debt I Owe? – Sarah

                              "Credit rating" handwritten with white chalk on a blackboard

                              “Dear Steve, I am looking to improve my credit score which is around 600 now. I currently have a judgement against me that I am working to settle on, but I have credit card and medical debt that is also hurting my credit. Some of my debt is over 7 years old, and I am going to write the credit ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.