What you don’t know about credit scores could hurt you
Posted on 16 May, 2012
News from msnbc.com:
Paul Sakuma / AP
A bad score could cost you a job or a loan. That’s why it’s so important for you to understand how credit scoring works.
By Herb Weisbaum, The ConsumerMan
Your credit score, which is based on your credit history, can have an enormous effect – positive or negative – on your life. [...]
Consumers savvier on credit scores
Posted on 15 May, 2012
News from Columbus Dispatch:
By Mark Williams
The Columbus Dispatch Tuesday May 15, 2012 5:38 AM
Consumers know much more about credit scores than they did a year ago, but they still don’t know how costly a low score can be, according to a study released yesterday.
“The good news is that consumers know much more than in early [...]
The Watchdogs are on the Trail
Posted on 14 May, 2012
News from LoanSafe:
WASHINGTON (Source: Jill Riepenhoff and Mike Wagner The Columbus Dispatch, Ohio (MCT) — Mistakes in credit reports cross political-party lines, but the new federal consumer protection agency assigned to regulate credit-reporting companies faces some significant hurdles in that task.
Chief among them is that a majority of Senate Republicans say the office has too [...]
Failure of credit-reporting agencies to fix mistakes afflicts thousands of … – Toledo Blade
Posted on 13 May, 2012
News from Failure of credit-reporting agencies to fix mistakes afflicts thousands of … – Toledo Blade:
Home » News» NationLoading…
Published: 5/13/2012 – Updated: 7 minutes ago
BY JILL RIEPENHOFF AND MIKE WAGNERCOLUMBUS DISPATCH
Richard Cordray leads the Consumer Financial Protection Bureau, which has been……………. continues on Failure of credit-reporting agencies [...]
Debt Settlement, Credit Reports and Debtor Reputation; American Financial …
Posted on 12 May, 2012
News from Seattle Post Intelligencer:
Paying less to get out of debt seems like a great solution. But there are real ramifications to your credit and credit score when using debt settlements to manage debt. Credit counseling agency American Financial Solutions provides the information needed to make the right decision about settling debt.
Seattle, WA (PRWEB) May [...]
FICO 8, Not FICO, Is Used In Recent Credit Company Report, Adding To Consumer …
Posted on 11 May, 2012
News from Huffington Post:
Trying to explain how a credit score is actually calculated is like explaining why the sky is blue to a 4-year-old. Impossible.
And the credit industry is not helping their own cause.
On Friday, the New York Times’ Bucks Blog called out FICO, which compiles the most widely used scores, for [...]
Debt Settlement, Credit Reports and Debtor Reputation; American Financial …
Posted on 10 May, 2012
News from Albany Times Union:
Paying less to get out of debt seems like a great solution. But there are real ramifications to your credit and credit score when using debt settlements to manage debt. Credit counseling agency American Financial Solutions provides the information needed to make the right decision about settling debt.
Seattle, WA (PRWEB) May [...]
Credit Scars: Bad judgments
Posted on 09 May, 2012
News from Chicago Tribune:
Anne Vitale wasn’t alarmed when she first discovered a court judgment for an unpaid payday loan on her credit report. She thought, “I can fix this.”
All that was needed was a little common sense to see that the debt was not hers. Also in her favor: She’s a lawyer who knows her [...]
Know your credit report, and what it means
Posted on 09 May, 2012
News from Christian Science Monitor:
Forget those goofy commercials. You can get your credit report (really) for free from the federal government. When you get it, it’s important to make sure that the information on your credit report is accurate and represents a good picture of your financial history.
First and foremost, ignore those ads from freecreditreport.com [...]
Credit Report Mix-Ups Cause Financial Nightmares: Report
Posted on 08 May, 2012
News from Huffington Post:
Credit reports sometimes get mixed-up, hurting the financial lives of those that have been more cautious with their credit, the Columbus Dispatch reports.
Could you imagine being denied a loan because someone who shares your name tarnished your credit history? It could happen.
Credit reports are often mistakenly mixed-u……………. [...]
