What’s in a credit history?

Sep 29th, 2009 | print |  email  | Post a comment  |  Listen to the Article - Dana El BaltajiThe Union of Arab Banks (UAB), a community of Middle East-based financial intuitions, has called for the establishment of a central credit bureau and risk management firm for banks in the region, reported Gulf News on Monday.“A unified credit bureau will strengthen the GCC financial sector and lead to greater transparency in the regional economies. [more...]

Date: 2009-09-29 10:24:23

Blog posts (45) | Videos (27)
 

Bureaus Roll Out New Credit Score Formula for 2009

The three credit bureaus will begin using a new formula to calculate credit scores in 2009 - just as folks were starting to get the hang of what ... collection accounts in which the original debt was less than $100. This is a big victory [more...]

Date: 2008-12-29 21:48:19

Use TrustedID to Fight Identity Theft

With the incredibly rapid growth of ID theft, there have been several businesses that have been formed with the distinct objective of battling this ... report so that you are contacted each time a new credit account is opened in your name. These companies ... supply you with annual credit reports from all three credit bureaus, so that you can check to see [more...]

Date: 2009-01-08 04:06:14

Saving yourself form debt

When it comes to taking care of your finances, nothing more than ever ruins your financial position than having a large amount of debt which is ... on paying your bills from credit cards, loans and mortgages without realizing that you are barely ... you a black eye with the credit bureau and any applications for new loans or credit cards would probably [more...]

Date: 2008-12-28 01:21:40

Credit Score Disclosure

Pulling a credit score is one of the first things a mortgage planner does before submitting your application to a lender.Once the score is obtained, clients often wants to know what their score is.  What many don’t realize is that mortgage planners generally can’t tell them.Equifax, the main credit bureau in Canada, has very strict rules that restrict brokers from disclosing credit scores to borrowers.  Brokers who violate this policy are subject to termination of their license from Equifax—not [more...]

Date: 2009-09-29 07:06:00

How You Can Remove a Collection Account From Your Credit

by Justin Hutto You must dispute a collection, to remove it from your credit report. This dispute needs to be filed with the credit bureaus ... dispute information requests, debt validation, and creditor direct intervention. What is a collection ... to recover payment. It is common for lenders to have an in house collection agency. However many also [more...]

Date: 2008-11-15 18:16:08

How to Safely Build Your Credit History

I’ve heard from several high schoolers and early college students asking for advice on how to build up their credit history in a safe and ... and such, but I don’t know where to start. I’m worried about getting way into debt like some people ... (credit bureaus) that are in the business of collecting the information for credit reports - Experian [more...]

Date: 2008-09-23 20:00:35

Do-It-Yourself Credit Repair

by Bob jones Negative comments on your credit report can cost a lot of money. You do not have to give up though, because it is never too late to repair your credit worthiness. However, bear in mind that credit repair does not happen overnight. It requires serious dedication and perseverance to start a clean slate again. How to Get Started : You should know who the three credit bureaus are and what they are saying about you. [more...]

Date: 2009-09-27 16:11:07

Update on Fraud

Last month/year I reported on a fraudulent scheme to separate $0.25 from me. Today I got a link to a news item about said fraud. News is slow here. But they have two very useful links. Instead, file a dispute with your credit card company ... I closed it, got my money back too, and reported it to the three credit bureaus, stuff to do first [more...]

Date: 2009-01-14 17:49:24

Options for financial freedom

During the time when you were taking out your loans or using your credit cards, it seems like a very good idea, I am sure ... that you have with the credit bureau. Bill consolidation which is relatively new, works ... that a lot of people are taking is filing for chapter 7 bankruptcy of taking on a bill consolidation program [more...]

Date: 2008-12-26 13:28:02

How to Resolve Credit Bureau Reporting Errors

Photo courtesy of neoliminal A couple months ago my wife and I started a passive search for a new home ... idea to check your credit report to make sure things are being reported correctly.  Inaccuracies ... on a new home. Skeletons In Your Credit Closet? Often times consumers have legitimate, negative [more...]

Date: 2008-10-23 11:00:30

Authorized Users, Debt Settlement and Negotiating When You’re Unemployed

One of our readers, Jaclyn, had this question for us: If I removed an authorized user from an account, ... regularly reports your account activity to the credit bureaus then the removal should be reflected ... amount and attempt to settle your debt. However, most companies do not like to tackle debt [more...]

Date: 2009-01-09 05:11:55

New Credit Scoring Model Set for Release in 2009- Finally!

Almost a year ago, we wrote about the new FICO 08 scoring model that was initially planned for roll-out at the latter part of 2008 ... -user information would be included. Small Collection Accounts Disregarded.  Accounts with debt less ... . Besieged with lawsuits between its creator, Fair Isaac, and the three largest credit bureaus [more...]

Date: 2009-01-06 13:47:30

Introduction (5)

Will the credit bureau automatically remove the incorrect information from my report? ... D and E, for additional information on correcting your credit report.) What else can I do to repair ... anything, but often it will. Taken From : Credit Repair by Attorneys Robin Leonard and Deanne Loonin [more...]

Date: 2009-01-11 04:38:19

White House Throws GMAC $6 Billion Rescue Line

Remember when the Bush administration was opposed to tapping the $700 billion Wall Street bailout to help Detroit’s Big Three? Fugetaboutit ... from a minimum credit bureau score of 700 two months ago down to a score of 621. From a statement from GMAC President Bill Muir: We will continue to employ responsible credit standards, but will be able [more...]

Date: 2008-12-30 16:29:15

LifeLock and Identity Theft

LifeLock, one of the companies that offers identity-theft protection in the United States, has been taking quite a beating recently. They're being sued by credit bureaus, competitors and lawyers in several states that are launching class action lawsuits. And the stories in the media ... it's like a piranha feeding frenzy [more...]

Date: 2008-06-17 12:51:25

Experian Dispute

by Justin Hutto To file a dispute with Experian credit bureau you must write a dispute letter ... many businesses are not going to spend the time or money verifying a disputed debt. A credit repair ... . These include; escalated dispute information requests, debt validation, and creditor direct [more...]

Date: 2008-11-25 22:44:07

Going Down For 3rd Time?

One of the hardest things for parents to teach their kids is money management ... , you'll also learn the other four solutions to debt problems: • Credit Counseling • Debt Consolidation ... Bureau. If you're in over your head, Debt Relief can help with their Debt Reduction Program, also [more...]

Date: 2008-08-15 01:13:41

Roulette

Roulette Save up to 50% on Roulette. Search over 15,000 sites with one click. Your source for everything under the sun! http://FindStuff.com 100% Free Credit Report Get Your Free Credit Report from the 3 Major Bureaus delivered instantly www.Banks.com Play 100s of casino games online at BetUS Casino . [more...]

Date: 2009-09-28 19:56:54

Fix Bad Credit In Easy Steps

Fixing bad credit requires some time and research on your part and a plan you can stick to ... bureau. They will amend your credit file to reflect the changes. High debt/credit ratio. If you think you have maxed out of any of your credit cards, make it a priority to pay down [more...]

Date: 2009-01-06 07:03:34

Free FICO Score At Equifax (No Strings)

Written on 10/02/2008 by me, Jay White, the founder of Dumb Little Man and an all around average guy ... . As you may know, Equifax is one of the 3-primary credit bureaus in the US and its score is used heavily as a risk criteria anytime you apply for a personal loan, credit card, or auto loan [more...]

Date: 2008-10-02 12:12:54

Heck Mulls Jump into CD 3 Race

Nevada News Bureau An Independent News Service The following newswire report is offered free of charge to newspapers and online blogs provided it is printed intact and credit is given to the Nevada News Bureau. For editing requests or additional information, please contact NNB editor Elizabeth Crum at (702) 324-3176. Or via email at: e@citizenoutreach.com September 28, 2009 4:53 pm Nevada News Bureau Staff HECK MULLS JUMP INTO CD 3 RACE Republican gubernatorial candidate Dr. [more...]

Date: 2009-09-29 15:36:53

Continental Finance MasterCard - Review

By Dan MoskelThe Continental Finance MasterCard is an unsecured sub prime credit card ... -annual credit limit increases, with a maximum limit of $2000. This card does report monthly ... they often come with large fees and only report to one credit bureau. In sum we do suggest the Continental [more...]

Date: 2009-01-08 00:37:00

How High Will Unemployment Go?

Last week markets received some pretty ugly news related to employment, or the lack thereof. ADP came out with its estimate of nearly 700,000 jobs lost in December. The Bureau of Labor ... on Credit" that provide some interesting comparisons. [more...]

Date: 2009-01-14 14:57:46

Magnetic Ring Attack on Electronic Locks

Posted on June 18, 2008 at 06:35 AM • 13 Comments • View Blog Reactions LifeLock and Identity Theft LifeLock, one of the companies that offers identity-theft protection in the United States, has been taking quite a beating recently. They're being sued by credit bureaus, [more...]

Date: 2008-06-18 12:35:16

BBB Consumer Alert About Credit Service

Hawaii's Better Business Bureau® issued an alert today warning consumers to be aware of companies taking advantage of the credit crunch by promising bogus credit repair services that can be costly and in some cases illegal. With lenders becoming increasingly... [more...]

Date: 2008-10-31 09:59:09

Collections and Douchebags

September 10, 2008 Angry Political Optimist Rants, Society, tax | Tags: Collections, credit bureaus, derogs, e-OSCAR, Equifax, Experian, ... periodically, there is no need to sucumb to the fear tactics that marketing groups practice [more...]

Date: 2008-09-10 16:36:35

Dispute Experian

Dispute Experian Posted By Matt Douglas on @ 7:19 pm by Justin Hutto To dispute Experian credit bureau a dispute letter must be sent ... , escalated dispute information requests, and debt validation. If you have multiple bad credit items [more...]

Date: 2008-12-08 19:19:08

Credit Repair Financial

There are Federal and State laws that regulate creditors and credit bureaus and protect consumers. We use these laws to help you attack your credit i 1 Vote(s) [more...]

Date: 2009-01-08 04:53:59

Credit Fraud Protection From LifeLock

Credit Fraud Protection From LifeLock January 15th, 2009 by paule Subscribe To Our Feed Today, ... on your credit bureau report. So if somebody goes to open up a new financial account with your personal [more...]

Date: 2009-01-15 13:12:48

Home mailboxes are open targets for identity thieves

Connecticut Better Business Bureau has advice for securing your mail and reducing potentially “dangerous” junk mail Wallingford, CT Wallingford, ... financial responsibility Fewer than half know how to manage credit & finances...Instant business cards ... Connecticut Better Business Bureau says watch out for bank card... [more...]

Date: 2009-01-15 15:04:19

Credit Score Checkup

Earlier this year I checked my credit report and score with one of the big three reporting bureaus. My score at the time was a 696 ... s one reason why I’m so motivated to bring my debt down. In 1 or 2 more years I want to refinance my 7/1 ARM ... faith phone call to collect the debt. I had no idea I was being billed and it’s not my fault [more...]

Date: 2008-12-11 15:48:31

Obama Still Plans Middle Class Tax Cuts

Despite sharp criticism from some Republicans, President-elect Barack Obama is still planning to provide economic assistance to the middle class via ... economy will contract through the first half of 2009. The National Bureau of Economic Research ... that is at the root of the credit crunch probably deepened, another report due on Dec. 30 may show. The [more...]

Date: 2008-12-31 17:28:20

Checking In On The Music Mags

Realizing, of course, that the entire publishing industry is cratering, still: it’s been awhile since we checked in on the health of music magazines. Folio just summarized the latest Publishers Information Bureau statistics for 2008. Auto ... is unknown, but you have to give credit to Paste for really pushing their thinking waaaay “outside the box.” [more...]

Date: 2009-01-14 17:13:18

The Credit-Wise Consumer

Louise M. Carwell is a senior attorney with Maryland Legal Aid Bureau in Baltimore, where she has practiced consumer law for more than 20 years ... cards to entice them. Sure, using your store credit card might get you an extra 20 percent off ... , specializes in the areas of credit, foreclosure prevention, consumer protection, and bankruptcy [more...]

Date: 2008-11-05 21:06:03

Scam warnings against SFL Nutrition, GlobalNet Pharmacies, and Aton Solutions

Photo by: Fill More Photography Better Business Bureau is warning all consumers to go easy with the Acai Berry, ... to submit their credit card numbers online. They were surprised, later, when orders of the supplement ... their monthly credit card statements and found that the companies were billing them $80 for the unwanted [more...]

Date: 2009-01-15 17:48:04

Need a Free Credit Report?

If there is one thing I have learned over the years regarding my finances, I am always on the look out for anything that affects my credit score ... your overall score down. They will even give you a free copy of your 3 bureau report so you can identify any potential errors and have them fixed. If your score is not that great and you want to improve cr [more...]

Date: 2009-01-05 02:31:25

Recent Tweets from the BARN

National Ag News for September 11, 2009Sponsored by the American Farm Bureau Federation“CFTC Pitches Cap-and-Trade Regulation Authority”The Commodity Futures Trading Commission wants to regulate greenhouse gas credit markets, should they become law. CFTC Chairman Gary Gensler told the Senate Ag Committee on Wednesday, – in the event Congress passes cap-and-trade legislation, the CFTC has the necessary expertise to regulate trading in the expanded carbon markets. [more...]

Date: 2009-09-11 11:45:19

Buchanan spouts familiar myths in attack on Obama stimulus plan

In his January 9 syndicated column, MSNBC political analyst Pat Buchanan used incomplete unemployment statistics to claim that "economically, ... compiled for the Bureau of Labor Statistics (BLS) by economist Stanley Lebergott. In a November 29 ... , Obama has proposed giving the tax credit to "working families," which means they pay Social Security [more...]

Date: 2009-01-09 20:03:07

Track and Lower Expenses to Save Money

According to the National Bureau of Economic Research, America has been suffering through a recession since December 2007. As people go cold turkey on credit and struggle to put their households on a cash basis, the first thing most of us need to do is spend a month finding out exactly where our money is going [more...]

Date: 2008-12-05 16:00:39

What to do if a retailer goes bankrupt

From the Better Business Bureau As a result of the declining economy, the number of retailers closing their doors has increased substantially, ... Bankruptcy law is specific regarding who will benefit first in the case of a retailer’s liquidation ... . Customers who paid with credit cards, though, may be able to dispute the charge with the credit card [more...]

Date: 2009-01-04 14:12:16

Dicing With Debt

Dicing With Debt Posted in January 15th, 2009 Category:Debt Relief Britons are taking on record levels of mortgage and credit card debt, with figures released last year showing that UK personal debts far out weigh that of our European neighbours. For those in need of help with financial problems then the Citizens Advice Bureau [more...]

Date: 2009-01-15 07:42:47

IS AN ASSOCIATE’S DEGREE WORTHLESS?

I have an associates grade in fundamentally zero, only often ubiquitous preparation crap, ... in the bureau or even being the assistant during the bank…..are they for genuine, or have been they only ... the year, as well as we have 96 credit hours during the village college. hey, nola, do we occur [more...]

Date: 2009-01-15 14:00:10

We Need Our Money, Sears!

We ordered a refridgerator from Sears before we moved in to our new home ... and ordered a second fridge. Sears will NOT credit a debit card back automatically, they send checks ... in two days. It has now been over a week. We have taken our complaint to the better business bureau [more...]

Date: 2009-01-14 17:00:00

Retail Sales Tank

Click for a larger imageThanks to Calculated Risk for the chartFrom Bloomberg:Sales at U.S ... of credit led Americans to cut back on everything from eating out to car purchases.The 2.7 percent ... as estimated ... this is the first year over year loss since 1992 when the Census Bureau started [more...]

Date: 2009-01-14 15:16:00

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