Category Archives: Credit Report

Understanding Credit Reports

In this informative webinar, viewers will learn what their credit score means, how to improve their credit scores, how to obtain a free copy of their credit reports, how to read Equifax, TransUnion and Experian credit reports, and how to dispute inaccurate information appearing on their credit reports.

ABOUT CONSUMER LAW GROUP:

Consumer Law Group, LLC, is one of the premier consumer-oriented law firms in Connecticut. We serve as advocates and champions for the rights of consumers. Our firm’s founder, Daniel Blinn, has practiced law for more than 25 years, and has earned a reputation as one of the state’s leading consumer advocates and educators. Together with associate attorney Hailey Gallant Rice and our highly efficient staff, we are recognized for our commitment to delivering the highest levels of representation and client service at each point in the legal process.

http://www.consumerlawgroup.com

Consumer Law Group,LLC
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Rocky Hill, Connecticut 06067

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DISCLAIMER: This video is for educational and general information purposes only. It should not be considered legal advice, and it does not create an attorney-client relationship.
Attorney Daniel S. Blinn is responsible for the contents of this video. ©Consumer Law Group, LLC 2014.

How to Remove Late Payments From Credit Report

How to remove a late payment from your credit. Late Payments can harm your credit report for up to 7 years!

Learn how to remove lates from your credit, for good. Your Credit Score is the most important factor in your financial future. Your Credit is used when you apply for a loan, car, job, cell phone and even when you rent a car! So it’s important that you know the tips and tricks to improve your credit scores.

How to Remove Late Payments From Your Credit Report:

https://www.bettercreditguaranteed.com/how-to-remove-late-payment-from-credit/

1) Always check your Credit and Have a Credit Monitoring Account, here is the one that I personally use: http://bitly.com/CheckMyCredit

**It’s better to deal with Late Payments on your Credit Report sooner rather than later. The longer you wait to try and remove the late from your credit, the harder it will be. That’s why credit monitoring is so important.

2) Start by Calling the Bank or Creditor that is reporting your account late to the Credit bureaus – ask to speak with a manager and work with the manager to try and have the late payment removed. They are paid to say no, do just be persistent.

3) If the Manager says no on the phone, then you will want to write a Good Will Letter to the Creditor. You will ask them nicely to remove the late from your credit, don’t be aggressive or act like this is a dispute letter. This is where we are nice about it.

4) If the Good Will Letter Didn’t work, now it’s time to get Aggressive! I want you to dispute the account (in writing) with all three credit bureaus and directly with the original creditor.

*Why you should NEVER dispute Online: https://youtu.be/3jtNludKRlE

I hope this information was VERY helpful in your attempt to remove a late payment from your credit report!
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What is a Credit Report?

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Understanding Your Credit Report — FICO Credit Knowledge Series

You realize your credit report—that thing lenders consider once you submit an application for a loan—is essential. Exactly what can it be, exactly?

Informative data on your credit reports form the foundation of one’s FICO® Scores—a measure of your credit risk used by 90percent of top loan providers.

Subscribe http://www.100percentfinanced.com/ and see our web site to find out more. Eliminating Hard Inquiries from your own credit report is not difficult and that can raise your credit rating in 35 times or more!

You can remove tough inquiries from your credit report your self. However, itis no longer for sale for ; the price ended up being provided as an introductory cost to our subscribers numerous months ago. To ensure it is done right and also you maximize your results, we will take action for you at a much lower price in 45 days or less. Check-out http://www.100percentfinanced.com/ to find out more.

Clinical Expenses On Credit score Record – How you can Eliminate Clinical Costs From Debt Report

< item type=" application/x-shockwave-flash" design=" width:425 px; height:355 px;" data= "// www.youtube.com/v/1NEyEVR8xcU?color2=FBE9EC&version=3&modestbranding=1" >< param name="motion picture" worth="// www.youtube.com/v/1NEyEVR8xcU?color2=FBE9EC&version=3&modestbranding=1"/ >< param name= "allowFullScreen" value= "true"/ > If you’re pestered with clinical bills on your debt record as well as you have actually had enough of simply living with a less than perfect credit rating. Discover just how precisely to exercise your customer rights and also the best ways to get rid of medical collections from debt record documents. For the complete story check out an article at: http://www.yourbadcreditcard.net/medical-bills-on-credit-report/ Watch extra regarding medical costs on debt report: https://youtu.be/vMt_we7tgeQ Watch extra about medical collections: https://youtu.be/0DQDbdUIp3E Subscribe to our YouTube Channel: http://www.youtube.com/channel/UC4jYrn-kO81fttWugfCPmpA Facebook: https://www.facebook.com/pages/Dan-Willis/120360251492096 Video Score:/ 5< things type=" application/x-shockwave-flash" style=" width:425 px; height:355

px;” information=”// www.youtube.com/v/CKIu9sZoaQo?color2=FBE9EC&version=3&modestbranding=1″ >< param name=" motion picture "value="// www.youtube.com/v/CKIu9sZoaQo?color2=FBE9EC&version=3&modestbranding=1"/ >< param name= "allowFullScreen" worth= "real"/ > Did you know that you can obtain your credit report records free of cost? That’s right, customers are qualified to a totally free copy of their credit history report from each of the major credit score coverage companies every year. See this video clip to discover the best ways to get your cost-free yearly credit scores reports (http://www.credit.com/credit-reports/free-annual-credit-report/?utm_source=youtubechannel&utm_medium=content&utm_content=IB_1&utm_campaign=free_credit_reports).

This video features the song “Zero” by Steve Combs: https://freemusicarchive.org/music/Steve_Combs/Steve_Combs_1437/20_Zero Offered under an Imaginative Commons Acknowledgment 4.0 International permit: http://creativecommons.org/licenses/by/4.0/ © Steve Combs Video Score:/ 5

How will you Eliminate a tough Inquiry From Your Credit File? – Credit Karma Answers

Here are some tips on how to pull a tough inquiry from your credit history and exactly how difficult queries can affect your credit rating.

For more information on tough and soft inquiries: http://bit.ly/1JierFm

Check us out: http://www.creditkarma.com
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Disclaimer: This video clip provides basic information about credit and it is not designed to advise about your private financial situation. Seek advice from a financial, legal or any other expert agent. Put differently, someone who’s maybe not videos.
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Tips and Insights Regarding Credit Report Repair

Once you have your personal credit report and completely understand it you may decide that there is a need to perform some credit report repairs. Credit report repair is often required; in just the same way as anything else often needs repair after a certain period of use. There are two ways to complete a credit report repair. The first being free credit report repair and the second being more costly. Depending on the amount of credit report repair that you need to perform, the amount of time necessary to fix it and the details that it will entail you may find that you have no choice about which credit report repair route to pursue.

According to the Fair Credit Reporting Act, consumers can dispute mistakes in their credit report for free. It can be a little time consuming to pull your report, document the error, type up a letter and send it in, so many people hire credit repair agencies to do the boring work for them. There is no real reason, other than the issue of time, to pour out money for work that you can easily do yourself.

Credit report repair companies require an installment payment in the beginning and a monthly competitive fee thereafter. Not surprisingly, Equifax, Experian and Trans Union do not approve of credit report repair companies. Acting on your behalf, the credit report repair service takes your credit report, and using the fair credit reporting act and planned strategies, dispute any negative item on your credit report history that you have selected. Some companies may even offer an upgraded service to continue monitoring your reports for other negative damage to come. This option of credit report repair is far more expensive but is not as time consuming or nerve racking as filing and handling the disputes yourself.

Don’t fall for the ads that claim an agency can erase bad credit from your report. The only thing by law that can be changed on a credit report is inaccurate information. If you have had a bankruptcy, the only thing that will legally remove it from your credit report is time. Credit repair agencies charge anywhere from $ 400 to $ 2000 for their services and the reality is they are not doing anything that you can’t do for yourself. For $ 30 you can obtain a credit report that lists your history with all three credit bureaus. The rest of the investment in cleaning up your credit report is in the value of the time it requires.

The next step towards credit repair is to report inaccurate information to the credit bureau. It is legal to attempt to repair your credit rating on your own by having false, out-dated or inaccurate information from your credit report. A legitimate credit repair company with legal professionals who specialize in credit issues can request that damaging information be removed from your credit report.

Learn how to properly repair your credit by obtaining a free copy of your credit report from http://credit-free-report-online.info – a popular credit report website that prrovides help with credit disputes.

Related Credit Report Articles

How To Prevent Errors on Your Credit Report

Whenever somebody applies for credit or financing, his or her credit report will be pulled electronically from any of the three major consumer reporting agencies (CRA). These CRAs are Experian, Trans Union, or Equifax – companies that are responsible for maintaining correct and up-to-date credit information around the country. Everyone is probably aware that these three nationwide credit bureaus have to monitor billions of data records therefore it is not inevitable to find errors with the reports. A majority of consumers would have at least one omission or inaccurate detail on their credit report.

It is for this very reason that as a consumer, the responsibility of checking your own credit information falls on your shoulders. Make sure that you get a copy of your credit report from each of the three Credit Reporting Agencies. You should contact each credit bureau and ask for your free credit report (you are entitled to 1 free copy every year). If you have been denied credit within the past 60 days, you are also entitled to a free credit report.

Here is a list of each credit bureau. Make that call and start checking your credit info.

Equifax, P.O. Box 740241, Atlanta , GA 30374-0241;(800) 685-1111.
Experian(formerly TRW),P.O. Box 2002, Allen, TX 75013; (888) EXPERIAN (397-3742).
Trans Union , P.O. Box 1000 , Chester , PA 19022 ; (800) 916-8800.

Using The Internet To Obtain Your Credit Report

You can also use the internet to obtain your credit report. Many companies offer instant access to your credit report online and will offer you a free credit report if you try their credit monitoring service for 30 days. Credit monitoring services are a great way to keep track of your credit and stop potential identity thieves. As soon as you or someone else applies for credit using your name and social security number, these services will alert you via email. If you did not request this new credit you just need to log into your account and start the process of alerting the credit bureaus of potential fraud activity.

How is the information found on your credit report used

The credit information that is reported on your credit report will be used to evaluate you when you apply for credit, insurance, employment, and other purposes allowed by the Fair Credit Reporting Act (FCRA). Therefore it is crucial that you review your credit reports for accuracy from at least annually.

Why is it important to monitor your credit report

By monitoring your credit report you will save yourself a lot of problems or unpleasant surprises when you have to get that credit card or if you’re considering buying a home. You will also be aware of any potential problems that may stop the credit grantor from approving you for the credit you seek. Knowing exactly what a lender will see when they pull your credit will allow you either try to dispute the items and have them removed from your report or prepare explanations for the credit problems and discuss them with your potential lender BEFORE you apply for that line of credit.

What to do if you find inaccurate information

– Be meticulous in examining your credit information. If you see any discrepancies, verify them as soon as possible. The law says that the credit bureau should examine the matter within a reasonable amount of time, usually 30 days.

– Dispute inaccurate information your credit report. Some credit repair specialist suggests you dispute items one at a time. Some say do it all at once. I have had clients that have done both, and there was never any one way that was more successful then the other in our case. I truly believe it depends on the agent you get at the credit bureau.

– Write an ORIGINAL dispute letter. Don’t just copy a form you found online. If you found it, then so did potentially hundreds if not thousands of other people. The agents at the credit bureaus in the disputes area have probably seen any freely given online dispute letter hundreds if not thousands of times. They will not take your request as seriously as they should if you do this.

The credit bureau is required to investigate and if that item cannot be confirmed within a reasonable amount of time, that credit record must be removed from the credit file. They must provide you with a free copy of your corrected credit report. Send your dispute letter to the credit bureau via certified mail, return receipt requested. If you are using a credit monitoring system you can do this online. Just make sure they send your dispute to all 3 agencies. If the credit bureau completes its investigation and decides that the negative information should remain in your file, you can add a letter of explanation to your credit report to refute the claim.

Liz Roberts is a freelance writer and loan consultant. The website BadCreditResources.com offers resources that specialize in providing loans and credit cards for people with bad credit. Click here for the list of bad credit cards.