Posts Tagged “Credit Reporting Act”

News Sources wrote an interesting post today on
Here’s a quick excerpt
by Andy Zain By law, you are entitled to one free government credit report each year, but you have to apply to get it. The consumer reporting companies are covered by the Fair Credit Reporting Act to ensure privacy and accuracy. Your credit report has information like where you live, how your bills are paid, whether you have been bankrupt, sued or arrested. The consumer reporting agencies sell your credit report to companies that need the information to help them make decisions about whether

Share and Enjoy:

Read the rest of this great post here

News Sources wrote an interesting post today on
Here’s a quick excerpt
In: Finance 22Sep2009 by Andy ZainBy law, you are entitled to one free government credit report each year, but you have to apply to get it. The consumer reporting companies are covered by the Fair Credit Reporting Act to ensure privacy and accuracy.Your credit report contains personal information like your address, your bill-paying habits, and your status as far as bankruptcy, arrest or any legal action against you. This information is of interest to companies who may be creditors, employers,

Read the rest of this great post here

News Sources wrote an interesting post today on
Here’s a quick excerpt
Many years ago, before the government became involved with the Fair Credit Reporting Act , credit reports and credit scores were hidden from the public. We all knew there were credit reports and credit scores, but we couldn’t get access to them. It was terrible, which is why the government stepped in to protect consumers rights. However now we face a whole new set of challenges. Many years ago, the reports and scores were used mostly to decide whether to accept a loan and at what terms. A goo

Share and Enjoy:

Read the rest of this great post here

News Sources wrote an interesting post today on
Here’s a quick excerpt
You have rights when it comes to your credit report. Anytime you are denied credit or even a loan modification based on the information received from a credit agency, you have to be given a statement stating that you can request a free copy of your credit report from the reporting agency. You must request the credit report from the company that provided the information and it must be sent within 60 days of the denial. These rights are thanks to The Fair Credit Reporting Act. The FCRA sets s

Read the rest of this great post here

News Sources wrote an interesting post today on
Here’s a quick excerpt
I have been getting free credit report for years. Before there was the law that entitles every consumer a free report from each credit agency every 12 months, I requested my reports directly from Equifax, Experian, or TransUnion for free. Then after the Fair Credit Reporting Act (FCRA) became law, I started to use AnnualCreditReport.com to obtain a free report from one of the three agencies every four months . Even though getting a report every four months isn’t as good as a credit monitor

Share and Enjoy:

Read the rest of this great post here