3 Credit Bureau Report – Free Score

Justagirl24 asked:


I have recently reveiwed my credit report through experian credit bureau. Several account paid are still reported as open. Do I contact the credit bureau or the credit agency itself?

Maria

li5br2a asked:


I disputed some things on my report. I have settle the account. However they keep reporting to the credit bureau after it has been resolved and it lowered my score. Can I contact them and ask them to stop since everything has now been resolved?

Mike

John Synder asked:




If you have gotten yourself into a bit of a bind with your creditors, then maybe it’s time to think about getting counseling from a credit consolidation company. In order to become debt free, you need to know what is in your credit report as well, even before you contact a company who is experience in helping people manage their finances. A copy of your credit bureau file can aid you tremendously in your quest to become debt free.

Once you have had a chance to peruse your credit report, you will know what your credit score is, and will be better equipped mentally as to what your credit standing is. The, when you go to a credit counseling service to discuss your file, you will understand the discussion and what you are getting into when you agree to debt consolidation services.

Depending upon where you live in the United States, many of these services are free to consumers. You can make an appointment and go in for counseling on the best way to manage your credit woes. These counselors are specially trained, and well equipped to handle any question about your finances that you might present to them.

Saving Money The Easy Way

You may decide to go all out and sign up for debt consolidation services in order to help your credit get back on the right track. Once you have gone over your accounts with a counselor, you can agree to let them work with your creditors. One of the things that your creditors will agree to is a lowering of the interest rates you are presently paying. This alone will save you quite a bit of money over time, as your monthly payments will also be less.

You will also avoid having to take out a debt consolidation loan by getting counseling. There is nothing wrong with the option of a debt consolidation loan, of course. These loans work out well for some people, so it is really up to you as to whether or not you are interested in pursuing one.

If you have many debts, a debt consolidation loan will group them all together into one manageable amount. Your monthly payment will be lower than what you have been shelling out each month to pay each credit card bill individually. You’ll also enjoy a lower interest rate.

If you do decide to take advantage of a debt consolidation loan, your credit score will definitely improve. The loan will make it easy for you get climb out of the proverbial credit hole you have dug for yourself, and in a way, start over with a clean slate, as your credit report will eventually show all your accounts paid in full.

Whether you choose credit counseling after examining your free credit report, a debt consolidation loan, or debt consolidation counseling, your credit file will soon reflect the fact that you have taken the time to insure your escape from the land of debt.

Allen

Perry asked:


I got a credit report from a lender (the lender type of credit report), it lists 3 credit scores.

There is a same tax lien listed twice, one has account number , the other doesn’t has an account number. Which credit bureau should I contact for this issue? How do you know which item is from which credit bureau?

Bessie

Helen Hecker asked:




Everyone wants a good credit score. So much of what we do financially is dependent on this FICO score on our credit report. Of course it’s important to try to make payments on time, etc. but this isn’t always easy to do. Emergencies come up. You can be the best person in the world and responsible too and you try to do things right. But there are secrets in the credit reporting field.

But you may just find yourself short on cash and try as you may just have to miss a payment or make a late payment or you’re charged for something you did not buy or returned or something else. Many times this is through no fault of your own.

If you don’t have a current free annual credit report you can get a free credit report instantly online. After you have your credit report in hand, look through the report and find all the negative marks or bad items. Make a list. Hopefully it’s short. Maybe you only have one or two. If you have several then list them with the highest amount down to the lowest.

This is an easy lesson in how to repair your credit. We’re going to tackle the lowest amounts first. And here’s the secret that many people do not know. If you write a letter to the three credit report companies or bureaus and dispute any of the amounts, the credit bureaus contact the creditors. If the amounts are small the creditor may not even bother to answer the credit bureaus.

The credit bureau has to remove the item if the creditor hasn’t responded within a certain length of time.

Don’t think that writing the letter is hard to do. Sit down early in the morning when you are fresh or at a time when you have more energy. Just simply address three envelopes to the three credit bureaus. They are Experian, TransUnion and Equifax.

You can easily get their address from the free credit report or online. Just explain that you found some errors on your credit report that you want to dispute. Make it short.

Enclose any relevant documentation, if you have any, which shows there is an error or that you want to dispute. This would include any cancelled checks, online payment confirmations, etc. Ask for a correction. Then say something like you want to keep a good standing and value an accurate and good credit history.

Also say something like a good credit rating and credit score is important to me. Make sure to name the creditor and the date of the error. Keep a nice tone to the letter.

Then close with a ‘thank you’ paragraph. Something like “Thank you for attending to my letter and this matter so I can maintain a good credit history. If possible let me know that my file has been reviewed and send me a copy of the corrected credit report.”

If you review your free credit report often you can catch small errors and fix your credit report before too much time passes. This is a little known secret and if the creditor amount is small enough you should be able to easily get it removed. It’s worth the small effort to raise your credit score. You CAN fix it yourself knowing this secret! There are many other credit report secrets!

Wesley