How Credit Report Mistakes are Made

by Keith Puckett on August 25, 2009

When a credit report contains errors, it is often because the report is incomplete or it contains information about someone else. This typically happens because:

The person applied for credit under different names (Robert Jones, Bob Jones, etc.)

Someone made a clerical error in reading or entering name or address information from a hand-written application.

The person [...]

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What Not To Expect – When Repairing Your Credit

by Keith Puckett on August 23, 2009

There are many (far too many) credit repair companies and software products that promise immediate and unrealistic results. Their process may include sending repetitive letters to the credit bureaus to challenge valid information in the hopes that they will not be able to respond within the required time period (30 days) – and be forced [...]

Tagged as: Getting Started Repairing Your Credit

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Man charged in largest-ever ID theft scheme – Security- msnbc.com

August 17, 2009

And you thought Identy Theft could not happen to you ! Just one more reason to monitor your credit.
The Department of Justice just announced that it arrested three hackers in the largest corporate identity theft case in history. The news reported, “130 million credit and debit card numbers were stolen in a corporate data breach involving [...]

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What to Expect When Starting to Repair Your Credit

August 15, 2009

The credit repair process is not magic. Nor is it the product of closely guarded trade secrets that you must pay dearly to obtain. It is something that you can and should do for yourself. It is a process of methodically challenging incorrect information that has been reported to one, or all three of the [...]

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Fair Debt Collection Act

July 18, 2009

Debt & debt collectors – know your rights

You are responsible for your debts. If you fall behind in paying your creditors or an error is made on your account, you may be contacted by a “debt collector.” A debt collector is any person, other than the creditor, who regularly collects debts owed to others. This [...]

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Credit Reports – Know Your Rights

June 15, 2009

Your credit payment history is recorded in a file or report. These files or reports are maintained and sold by credit bureaus. You have a credit record on file at a credit bureau if you have ever applied for a credit or charge account, a personal loan, insurance, or a job. Your credit record contains [...]

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About Credit Reports & Scores

May 15, 2009

96% of credit files today contain errors, some of them are critical enough to lower a score by as much as 275 points.   Focus on the incorrect information, don’t waste your time on valid negative items. To put the problem and the opportunity into perspective, consider the following facts

29% of consumers have variances of [...]

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Getting Organized

April 3, 2009

As you begin the credit repair process, you’ll quickly realize that it involves some paperwork.   You’ll want to keep copies of letters that you’ve sent, copies of letters that you’ve received, copies of bills, copies of your credit report, and lots of other things.   Do yourself a BIG favor, and take a few [...]

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