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Improve Credit Reports - Raise FICO Score
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Credit Report Improvement before a major
purchase |
or refinance can save you money! Save! |
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What is bad credit? Having a low
credit score may also be referred to as bad credit.. Bad credit is when
factors such as negative listings or insufficient credit history on your
personal credit profile or credit report cause a low credit score. Credit
score can be adversely affected by poor performance on your credit
obligations, high debt, incorrect information, credit fraud or identity
theft.
Bad credit can cause you to be denied for credit or qualifying only if you
pay higher interest on financing automobiles, credit cards, personal and
home loans. Bad credit can even cause you to be denied the ability to open
a checking account! Improve Credit Reports with credit repair.
The best defense is to pay your bills on time, reduce debt, review and
understand your credit report.
FICO® Quarterly Monitoring
is a revolutionary site which gives you instant access to your credit
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Fix Bad Credit
Raise Your Credit Score
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Visit Our Blog
www.badcreditinfo.com |
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How did I get bad credit? If
you are experiencing or have experienced any of the following you may be
considered to have bad credit: |
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- Auto Repossession
- Delinquent Credit Cards
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- Law Suits - Judgments
- Collection Accounts
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- Foreclosure
- Unpaid medical bills
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- Liens
- Late Payments on Mortgage
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Bad Credit Information |
Credit Solutions: |
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BadCreditInfo.com Consumer Tips:
Annoyed by electronic sales calls on your home phone?
Next time youTry punching "9" on your phone. This cues the delete
function of many auto-dialing systems. More info at
www.donotcall.gov
Download the Google Toolbar. It can make
internet browsing a bit safer. The Google rank verifies if a
web-site has been around for a while. It has many cool features and
it's easy to use! And, it's Free!
www.google.com/toolbar
Get out of Debt! Pay your bills on time! Pay
early or on time, save the money you were wasting by paying late
charges, use the savings to pay off your debt! |
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Bad Credit
Information |
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Can't Open a Checking Account?

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Second Chance Bank Account |
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Bad credit is not forever! Credit listings generally lose status after a
period of time, usually seven years from the date of last payment, then
disappear from your credit report. Bankruptcy can stay on your credit
report for ten years. Unpaid liens can stay on your credit report for up
to fifteen years. This is regulated by the FCRA. If a creditor lists an
account on your credit report after the mandated time period, send a
letter to the credit reporting agency, remind them of the time frame. If
there is an account is listed on your credit report that is paid off send
proof to the credit bureau that it is paid. That may be all that is needed
to repair your credit report
Statute of Limitations
Accounts lose legal
status as well. Check the statute of limitations on an old debt before you
settle or pay it. In California the statute for contracts and some retail
credit is four years. Check your state registrar or legal counsel for your
locality for local statutes. If you are manicuring a credit report be
cautious about paying off old debt. Some credit scoring systems may
penalize you for a current payment on an old account. If you settle a debt
off after the statute has run out, try to settle for a lower amount.
Old Debt
After the specified
period of time (since the date of last payment) the holder of the debt may
no longer institute legal proceedings. If you make a payment on an an
account after the expiration of the statues of limitations for your state
or the state where the transaction was originated, even one penny, the
creditor may be again able to file a law suit and garnish your wages.
Collection agencies have been known to threaten folks with suit on old
debt.
Zombie debt
Statute
of Limitations
CreditLibrary.net
Late Payments
Some lenders will remove recent late payment listings with good cause (new
address, returned mail, etc...) Always keep copies of bills you've paid
and record dates of payment. If you notice a late payment on your credit
report that shouldn't be there write to your lender, ask them to remove
the listing or give you a written reason why they feel it should remain.
You can also dispute the listing with the credit bureau.
What does credit repair do?
It is your responsibility to make sure listings on your credit report are
accurate. If you feel a listing is not correct you can either address a
letter to the credit bureau or the lender. You may prefer assistance from
credit repair kits or services to correct incorrect listings on credit
reports. My suggestion is you check out
credit repair The service they
offer can simplify credit repair for the novice. You pay a small monthly
fee and a law firm disputes inaccuracies on your credit report.
Inaccurate credit report listings
You may have credit
listings that are incorrect or don't belong to you! A change in
circumstance like a divorce or loss of a long term job can cause the most
responsible of people too get behind on their bills. Bad credit does not
mean you're a bad person! Get informed, the wrong thing to do is nothing!
The information provided by this site can make a difference! Research and
learn about your credit. Save money on your next major purchase by
learning about credit and raising your credit score!
Credit Reports Includes link to dispute
inaccuracies online.
Living in Debt
We all seem to live beyond our means at one time or another. My eleven
year old daughter's weekly allowance doesn't seem to make it to Saturday
sometimes. A recent government survey show 67% of home mortgage loan
refinances are used to pay off debt. Most people don't pay the new debt
off even though the interest on their new home loan is lower. They accrue
new debt because their credit cards are open. You may save a fortune by
simply getting disciplined and paying off your debt. I found a debt
management agency that will help you organize a plan to pay your debt off.
They say they can sometimes lower interest and late charges. They are paid
by the lender so there is no cost to you! I would note if you do this type
of debt restructuring you should not plan on purchasing anything on credit
until the plan is complete. Is eliminating your debt on your 2008 To Do
List ?
Get out of debt! |
Resources |
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Checking Accounts
Car Loans
ChexSystems
Calculators
Credit Bureaus
Credit Cards
Credit Directory
Debt
Debit Cards
Good Living
How to
get off ChexSystems
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Introduction to Credit
Improve
Fico Score
Legal Information
Non ChexSystems Banks
Personal signature loan
Real Estate
Real Estate Appraisal Online
Student loans
What is credit?
Your Finances
Your World
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Bad Credit |
How to
Raise Your FICO Credit Score |
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Credit cards for bad credit
Credit Repair
Divorce and Credit
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FICO is the credit score system used by most creditors today. It is useful
in directing applications to specific loan programs and to set levels of
underwriting. FICO score is widely used because it is objective,
consistent, accurate and fast.
Your 3 digit FICO score will determine what interest rate you will pay on
your credit cards, mortgages, and auto loans.
more
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Calculators |
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Mortgage
Payment Calculator: Figure out your estimated payment for different
loan amounts, interest rates, and terms
Homebuyer's Fair Compare the cost
of
living in hundreds of US and International cities
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Credit Bureaus |
Improve Your Credit to Increase Your Buying
Power |
Major Credit Bureaus
Official toll free phone numbers
Equifax
P.O. Box 740250, Atlanta, GA 30374
(800) 525-6285
Experian
P.O. Box 1017, Allen, TX 75013
(888) EXPERIAN
(888) 397-3742
Fax: (800) 301-7196
Trans Union
P.O. Box 6790, Fullerton, CA 92634
(800) 680-7289
ChexSystems Customer Service
12005 Ford Road, Suite 600
Dallas, TX 75234-7253
(800) 428-9623 or (800) 513-7125
Debt
Become debt free!
Debt Consolidation
Debt Solutions
Good Living
AskMen.com Free Online Men's
magazine
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A law firm that repairs your credit!

Many credit
repair companies claim to remove negative credit with the flick of a
wrist. Their advertisements make bold assertions and money-back
guarantees: Bankruptcy, tax liens, judgments, no problem!! One hundred
percent guaranteed!! Credit report 100% cleared in 30 days!! Can they
really make such sweeping guarantees?
Legal
Credit Report Repair That Works! |
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Legal |
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Consumer Credit Law From Cornell Law
Consumer Credit Protection Act
The Fair Credit Debt Collection Act
FCRA
Federal Trade Commission Regulates
consumer credit and collections
Identity Theft
Real Estate
Home Loan Center Cash
Out Loans
Refinancing with low credit score
Foreclosure Assistance
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Students |
ChexSystems Checking Accounts and Non
ChexSystems Banks |
Consolidate Student Loans low rates
Your Finances
Bankruptcy Analysis A local lawyer will analyze your debt for
free!
Business Checking Account
Consumer Affairs
Credit Card Info
Credit & Older
Americans
Fair Lending Guide
Page from FFHSJ
Incorporate Online
Identity Theft
MSN Money
Central
Quicken
Your World
citizenvox.org
Speaking
out for the public interest
What is credit?
Introduction to Credit
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Dear Sirs;
I left my checking account overdrawn for a few weeks. I went to straighten
things out with the bank and they told me my account was closed and they
reported me to ChexSystem. I had never heard
of ChexSystems, it seems they are a credit reporting agency and a
collection agency in one. Banks report unfortunate consumers like myself
that have made some type of banking error. Now, I had bad credit and can't
open a checking account.
I contacted ChexSystems by telephone and ChexSystems requested I send them
a letter and explain the circumstance and provide my personal information.
Meanwhile I had to cash my paychecks at a check cashing place and use
money orders.
I found eventually got a copy of my report and sent a reply that I had
already paid the amount that was owed would ChexSystems remove the
listing. ChexSystems |
Low Rate Credit Cards Online |
If you have
credit cards that are high interest rate, it is possible you've paid
something late in the past. Banks will raise their existing customers
credit cards interest rate for late payments on other credit accounts.
Banks should reward you for making your payments on time after a
reasonable period of time! If your bank wont lower rates even after paying
on time shop around, compare card offers. Check our site,
LowRateCreditCardsOnline.com - a catalogue of credit and debit card
offers.
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After a
Bankruptcy It can be very
important to verify after a bankruptcy is discharged that the correct
information is recorded on the credit bureaus! The attorney (if you used
one) filing the paperwork for the bankruptcy does not automatically or
necessarily amend the credit report! Some credit scoring systems may not
allow new credit to be granted because of high debt ratios. Review your
credit report. If a debt was discharged in your bankruptcy your credit
report should reflect a zero balance. |
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Check your Credit Report
In much the same way that a resume
displays your work experience to a prospective employer, a
credit report provides prospective creditors (and in some cases
employers and insurers too) with a detailed picture of your
credit history. And like a resume, your credit report can
influence whether you will receive what you are applying for.
Ideally, your credit report is an accurate,
up-to-date reflection of your credit history. However, since we
don't live in an ideal world, there are many reasons that your
credit report could contain inaccuracies that might prevent you
from receiving the credit you deserve. The good news is you can
take action to keep your report accurate. Here are the top five
reasons why you should make a practice of regularly reviewing
your credit report :
- Get Your Credit Reports & Scores from all 3 Credit Bureaus
- Instantly View all 3 Credit Scores!
A full explanation
of your credit report, FICO®
score and how lenders view you

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