Want to make your credit report more attractive? Looking to boost your credit score for that mortgage? There are ways to do that, but the following simply have no bearing on your overall credit score: Total income is something that does not impact your credit score. A pay raise won’t do squat for your score, [...]
Got a Tax Lien Bugging Your Credit Report? Go For a “Fresh Start”
Tax liens can be a serious long-term pain in your credit report, especially since they will be there for at least seven years. The Internal Revenue Service, however, offers an option to those hit by tax liens: pay or satisfy the debt and you can request that the lien be pulled off your record. Do [...]
Credit Report: Why It Matters More Than Your Credit Score
Each one of us has credit history profile data kept by each of the three major credit reporting bureaus which routinely collect and maintain vital information about your borrowing behavior, and use it to compile your credit report. This report is essentially the blueprint of your credit history; which is why your credit report is [...]
A Summary of Your Rights Under the Fair Credit Reporting Act
The Fair Credit Reporting Act (commonly referred to as the FCRA) is a US federal law which forms the base of consumer credit rights in the United States. Because your credit report contains private information about you, it’s vital that you understand your legal rights as a consumer and aware of all your options. This [...]