Credit Repair Secrets * Free Credit Repair * Credit Report Score * Credit Dispute Letter

Consumers are encouraged to get a copy of their credit report and check their credit rating from the credit reporting agencies. Nevertheless, not everyone understands what the credit agencies actually do. In this post, we will talk about the role that credit bureaus play in building credit history.

If you have just been denied credit by a lender, you should immediately check your personal credit report to make sure that unauthorized charges are not the reason why your application did not get approved. Also, if you recently received a call from a lender or a credit card Issuer informing you about past due charges that you do not know about, there is a possibility that you have been a victim of Identity theft. What should you do?

Pin ItAccording to The Fair Credit Reporting Act, all Credit Reporting Agencies have the responsibility to answer to customer disputes. Within 10 days upon receipt of a dispute letter, the credit agency must sent notice that an investigation has started. The investigation can take place up to 30 days. Afterwards, the credit reporting agency must [...]

Under the Fair Credit Reporting Act, consumers have the right to dispute the negative records found in their credit reports. This can be done by sending a dispute letter to the credit bureau who issued the report. The Law requires credit reporting agencies to act upon consumer credit disputes by conducting an investigation on the issue.

Pin ItThere are three major credit reporting agencies that issue consumer credit reports and these are Equifax, Experian, and TransUnion. Each agency works independently and does its own credit monitoring so the report you get from Experian may be a little different from the report you get from Equifax or TransUnion. To ensure accurate reporting, [...]