A little know fact or does everyone know this? Your personal credit score can have a major influence on your personal wealth…or lack of it! Your credit rating is calculated by those clever computers at the offices on the 3 credit reporting authorities. Equifax, Experian and TransUnion.
Posts Tagged ‘Credit Reporting’
Credit Repair and the Power of Savings
Monday, June 29th, 2009The Foundation of Credit Repair Credit repair can eliminate reporting errors, tidy up your report, and improve your credit scores, but the real potential of credit repair is best realized when combined with a lifestyle change. Now is the time to work towards genuine financial stability. You must make financial decisions in the context of a reasonable and well developed budget.
Wining Your Credit Bureau Disputes
Sunday, June 28th, 2009Everyone is aware that probably the three major credit bureaus at the national level (Equifax, TransUnion and Experian) maintain credit reports on you and everyone else. That means they are responsible for maintaining accurate and current data about hundreds of millions. Think about that for a minute – if each person has ten credit references sources reporting about them (and some have many more than that), these institutions are responsible for maintaining records easily numbering in the billions of records data.
I Have a Credit Card I’ve Never Activated – Does it Affect My Credit?
Friday, June 5th, 2009Unless it just arrived, it probably does. Many credit card issuers begin reporting new accounts within 2 months of issuance, whether or not the card has been activated. Thus, if you want to close the account, you should do so as soon as you receive the card.
