Posts Tagged Knowledge
GoOD PeOPLE.I DeSPERATELY NeED YoUR DiVINE WiSDOM AnD KnOWLEDGE?
DIONN asked:
Im praying that there is someone out there that has successfully cleaned up/ did some damage control to their personal credit report thru valuabe web advice that i can print, study as well as APPLY!! My financial future depends on this. GOD bless you ALL in advance for some great advice, techniques and resources!!!
Jeffery
Im praying that there is someone out there that has successfully cleaned up/ did some damage control to their personal credit report thru valuabe web advice that i can print, study as well as APPLY!! My financial future depends on this. GOD bless you ALL in advance for some great advice, techniques and resources!!!
Jeffery
Can I remove a bad mark on my credit report that came from a joint account?
Jaydar asked:
When I was fifteen, my mother gave me a credit card in my name that was connected to her credit account, to be used for emergencies. I used the card responsibly and she never had a problem with it.
When I was fifteen, my mother gave me a credit card in my name that was connected to her credit account, to be used for emergencies. I used the card responsibly and she never had a problem with it.
Without my knowledge, she built up $10,000 worth of debt, and then closed the account without paying it off. This now shows up as a bad mark on my credit report, even though I did not make the charges, never made payments, never signed consent, and did not have any connection between the card and my bank accounts. All the charges in question were made before I was 18. I have paid off all my personal credit cards on time and would have great credit if it weren’t for this debt.
Is there any way to have this removed from my report? Would a letter to the credit reporters be effective? I hate to sound ungrateful to my mother, but I’m worried this will hurt me when I take out loans in the future. Thanks!
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Annual Credit Report: Helps to Keep a Track on Your Financial Dealings
Sophie Wilson asked:
Until and unless the need arise, most of the people do not particularly prefer to keep a track on their financial dealings. Having knowledge about the credit scenario is very much important as it enables the person to know about his/her financial standing. Besides, it is on the basis of these details that creditors approve any sort of financial assistance. So, it becomes extremely important to have a detailed report and in this regard, annual credit report can be of great assistance.
Credit report contains the information pertaining to credit history, payments made along with credit worthiness and personal information of a particular person for one complete financial year. In accordance with the federal laws, these credit agencies devise and manage the reports for credit up keeping. You can access the credit report from any of the 3 credit agencies, which are Transunion, Equifax and Experian.
The annual credit report from these agencies will offer almost the same information, but the way of presenting the information varies. This implies that there are chances of missing some details about your credit standing. Instead, you must take the precaution and collect credit report from each of these agencies. It may be that some lenders or individuals may provide some misleading information, which may very well affect your opportunities in the financial market. This is why, it is very much important to consult a credit report, so as to check out if there are any errors or wrong information documented on your credit report and get it corrected.
With the inception of online mode, getting an annual credit report has become a lot simpler and easier. In fact, one can use the services to access the report at any point of time and that from any place. However, before availing the services, it must be verified whether the service provider is a reputed one or not. Moreover, you should read the terms and conditions carefully, so as to avoid any future hassles. By doing so, you can very well access the report without any hurdles.
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Until and unless the need arise, most of the people do not particularly prefer to keep a track on their financial dealings. Having knowledge about the credit scenario is very much important as it enables the person to know about his/her financial standing. Besides, it is on the basis of these details that creditors approve any sort of financial assistance. So, it becomes extremely important to have a detailed report and in this regard, annual credit report can be of great assistance.
Credit report contains the information pertaining to credit history, payments made along with credit worthiness and personal information of a particular person for one complete financial year. In accordance with the federal laws, these credit agencies devise and manage the reports for credit up keeping. You can access the credit report from any of the 3 credit agencies, which are Transunion, Equifax and Experian.
The annual credit report from these agencies will offer almost the same information, but the way of presenting the information varies. This implies that there are chances of missing some details about your credit standing. Instead, you must take the precaution and collect credit report from each of these agencies. It may be that some lenders or individuals may provide some misleading information, which may very well affect your opportunities in the financial market. This is why, it is very much important to consult a credit report, so as to check out if there are any errors or wrong information documented on your credit report and get it corrected.
With the inception of online mode, getting an annual credit report has become a lot simpler and easier. In fact, one can use the services to access the report at any point of time and that from any place. However, before availing the services, it must be verified whether the service provider is a reputed one or not. Moreover, you should read the terms and conditions carefully, so as to avoid any future hassles. By doing so, you can very well access the report without any hurdles.
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