Tackling Credit Report Errors: Directly challenge and resolve credit report inaccuracies, employing strategies proven to make a real difference, highlighted by the FTC’s emphasis on the pervasive issue of credit report errors.
Expert Support for Navigating Credit Systems: With our team of Certified FICO Credit Experts and Attorneys, we empower clients by illuminating credit decisions and ensuring fair treatment.
Enhancing Consumer Awareness: Our experts demystify the credit system, emphasizing the importance of accuracy in credit reports and the impact of credit scores on financial health and loan availability.
Your Personal & Employment Credit Profile: Your credit records include crucial details like names, addresses, and employment history. This information, reflecting your personal and professional stability, is typically added to your report following its use in credit applications. To ensure a comprehensive and accurate credit profile, it’s important to keep this information up-to-date. Regularly updating your personal and employment details can enhance your creditworthiness in the eyes of lenders.
Complete Overview of Your Reported Accounts: The account section of your credit report covers all accounts, both open and closed, detailing payment history, status, balances, terms, and limits. This information helps lenders evaluate your credit management. Ensuring these details are accurate and current is key to accurately reflecting your financial responsibility.
Understanding Your Credit Inquiries Section: The credit inquiries section shows hard inquiries from new credit applications, which may affect your score. While normal, too many in a short time can concern lenders. Soft inquiries, like pre-approvals, don’t impact your score and aren’t shown. Regularly check your hard inquiries to smartly manage credit applications.
Addressing Collections on Your Credit Report: The collections section shows accounts sent to collections after missed payments on loans or credit cards. Such accounts mark serious delinquency, greatly affecting your score. It lists the creditor, collection agency, status, and amount due. Resolving these collections is vital for improving your credit.
Insight into Public Records on Your Credit Report: The public records section details significant legal financial issues, including bankruptcies (up to 10 years on your report), unpaid civil judgments, and tax liens. Recent updates to reporting guidelines mean fewer tax liens and civil judgments appear on reports. Still, any public record can significantly lower your credit score. Keep informed on how these records affect your financial standing.
Collection Agency adding additional fees -Charges can be added, but NOT by the Collection Agency. It is a violation of the law to add any fees to your bill.
Incorrect Bankruptcy Information – debts not being reported as discharged in bankruptcy or falsely reported as being included in bankruptcy.
Stale Credit Information – especially old medical debt.
Incorrect Payment Histories – which happens often with mortgages and student loans.
Reported Public Records – including paid judgments and liens that are not reported as satisfied.
Balance After Discharge – Discharge releases the debtor from liability for certain debts, so the debtor is no longer legally required to pay the balance. The discharge also prohibits creditors from collecting discharged debts in any manner, including through lawsuits, demand letters, and telephone calls.
Empower yourself today and reclaim financial justice!