The Fair Credit Reporting Act Compliance Date determines how long a negative item remains on your credit reports by calculating the original date an account became delinquent – it’s also referred to as the original delinquency date. Make sure outdated information is removed.
Creditors may write-off seriously delinquent accounts in the form of a charge-off but that does not mean you are free and clear from paying the debt.
The creditor that furnishes negative information to a credit report is obligated to investigate consumer disputes under the Direct Dispute Rule. Go directly to the source (the creditor) to dispute inaccurate credit report items.
25 easy tips to improve credit scores. Make your financial life a little easier with good credit scores.
Credit inquiries can remain on a credit report for 2 years. There are two types of credit inquiries – one impacts your credit score and one does not. The two types of credit inquiries are a hard inquiry and a soft inquiry. A soft inquiry occurs when you pull your own credit report or a creditor pulls your report…
It may seem counter-intuitive to get new credit after bankruptcy but using credit is how you rebuild credit history – get steps to rebuild scores after BK