This question of whether business credit cards which are personally guaranteed should appear on your credit report recently came up on our discussion boards. I myself have two business credit cards and each one is linked to my IRS-issued Employer Identification Number (EIN). However, each card also required me to give my personal [...]
Entries Tagged as 'Credit Bureaus and Scores'
Should Personally Guaranteed Business Credit Cards Appear on Your Credit Report?
October 22nd, 2009 · 1 Comment · Consumer Info, Credit Bureaus and Scores, Credit Reports
Tags: business account·business credit·Credit Bureaus·Credit Cards·credit law·Dunn & Bradstreet·Equifax·Experian·personal guarantees·report to bureuas
When Having Bad Credit Isn’t Your Fault
September 29th, 2009 · No Comments · Bankruptcy, Credit Bureaus and Scores, Credit Repair, Credit Reports
Many people think that having bad credit is always someone’s fault. In today’s economic environment, foreclosures are happening right and left and the job market is the worst since 1983. As a result of this crisis, the number of people with bad credit (not just a few missed payments) is increasing. [...]
Tags: bad credit·Bankruptcy·Credit Report Errors·Credit Reports·divorce·health insurance·Identity Theft·Medical Bills·un-employment
Your Personal Info – 7 Free Reports You Need to See
September 22nd, 2009 · No Comments · Consumer Info, Credit Bureaus and Scores
A credit report is probably the most well-known, widely used tool for that various institutions will utilize to obtain personal information about an individual that they are considering providing a loan, a place to live, or employment to. But there are a number of other reports that can be accessed at no charge which provide information [...]
Tags: annualcreditreport.com·Chexsystems·choicepoint·choicetrust·credit report·Health History·personal info·Rental History·Retail Equation·Telecheck
Many Mortgage Lenders Have Yet to Adopt FICO 08
September 16th, 2009 · 1 Comment · Credit Bureaus and Scores, Credit Reports
When Fair Isaac Corporation (FICO) rolled out their “new and improved” FICO 08 credit scoring model last year, hopeful consumers with single derogatory incidents on their reports anxiously awaited the possibility of improved credit scores under the new system. The updated scoring model, developed in part in response to the subprime mortgage crisis, minimizes the effect of small, missed payments listed in [...]
Tags: credit delinquencies·Credit Scores·credit scoring systems·FICO·FICO 08·Mortgage Loans·new FICO scoring system·scoring models



