Question by June Baby: How can you get your credit report without joining a club and give out your credit card number?
All of these free credit report on the internet require your credit card info and want oyu to join a club which is totally crazy to me. If I need to join a club I would have asked for membership info. So there is no such thing as free credit reoprt at all?
Answer by bdancer222
AnnualCreditReport.com is the site mandated by the FTC to allow you online access to your free annual credit reports from each of the three credit bureaus. Reports are free; scores are not.
CreditKarma.com offers a free score estimator based on your TransUnion credit report. It’s not FICO (the score creditors use). But it’s kinda, sorta like FICO, give or take 50 points or so. Good enough if you are just curious about your score.
What do you think? Answer below!
Question by lightning_strikes: How long does it take for credit card latenesses to fall off one’s credit report?
I’ve heard that “baddies” stay on a credit report for 7yrs from the date of first delinquency.
In 2002, I had a Visa lateness recorded on my credit report. Next to the lateness, it said “due to stay on credit report until 3/2005” which is only 2.5yrs not 7. Then in spring 2005, the lateness vanished from my credit report! (hooray!)
But in early 2005, I fell into financial problems again(job loss) and a few more 30day credit card latenesses got recorded on my credit report. In the past month, one of these 30day latenesses has vanished from my TransUnion report, along with any mention of the account(which is a good thing, since it’s been closed and was only open a short time anyway; the account was not beneficial to my Fico score)
I was wondering if the remaining 30day lates will disappear from my report once they hit the 2.5yr mark? Or, have the credit reporting regulations changed since 2002, and I will be stuck with them for the next 4.5yrs? Any experience w/ cc lates?
Answer by spifiman1
According to the 2007 Edition of the Consumer Action Handbook, these accounts should stay on your report for 7-years from the date of first delinquency.
If you have had some drop off earlier that that, consider yourself lucky.
Know better? Leave your own answer in the comments!