Come February 22, 2010, the second phase of the Credit Card Accountability and Disclosure Act (CARD Act) will formally be upon us. While there are certainly a number of positive provisions for consumers associated with the changes, the legislation is not without controversy. Opponents of the provisions have warned that many consumers, particularly those with [...]
Entries Tagged as 'Credit Bureaus and Scores'
How to Prepare for Credit Card Changes Effective in February
November 16th, 2009 · No Comments · Credit Bureaus and Scores, Credit Cards
Tags: CARD Act·credit·Credit Card Accountability and Disclosure Act·credit card law changes·Credit Cards
Should Personally Guaranteed Business Credit Cards Appear on Your Credit Report?
October 22nd, 2009 · 1 Comment · Consumer Info, Credit Bureaus and Scores, Credit Reports
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 [...]
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
