Q. Is it possible to get my Line of Credit that’s reporting to the bureaus as a “Revolving” account type to reporting as an “Installment” account? It’s killing my FICO scores! A. A “revolving” account is one where the balance fluctuates due to payments or withdrawals against the available credit limit. A credit card is [...]
Entries Tagged as 'credit report'
Credit Bureau Reporting an Equity Line of Credit as Revolving Instead of Installment
January 31st, 2012 · 2 Comments · Mortgages
Tags: credit bureau·credit report·Credit Score·equity line of credit·installment loan·revolving account
4 Ways to Start Improving Your Credit Now
January 4th, 2012 · No Comments · Credit Repair
To get the year started off right, explore four simple ways you could start improving your credit right now:
Tags: authorized user·credit·Credit Cards·Credit Repair·credit report·Credit Score·debt
Just How Harmful is a Debt ‘In Collections’ to Your Credit Report?
December 2nd, 2011 · No Comments · Credit Repair
If you have yet to reach the six-month delinquency mark on a debt, avoid it at all cost. Try to work out some sort of payment arrangement that is acceptable to both you and the lender.
Tags: charge-off·credit·Credit Bureaus·Credit Repair·credit report·Credit Score·debt·in collections
How Do I Report Information to a Credit Bureau?
November 22nd, 2011 · 2 Comments · Credit Bureaus and Scores
Q. How can I report a tenant with good rental history to improve their credit? A. You, as a private party cannot report anything on a credit report, good or bad. I’m assuming you want to do this because a) you’re a nice person who wants to help b) your tenant wants to buy your [...]
Tags: business report credit·consumer credit database·credit bureau·credit report·data furnisher's agreement·Datalinx·FCRA·Metro 2 format
