|
|
|
Credit Cards - Why Prepay?
With prepaid credit cards, you get the practicality of plastic while choosing exactly how much debt to charge. By taking charge of your personal financing, you determine your own limits, to the penny, and change them any time you need to. There are...
Credit Reports and Credit Reporting Agencies
We all know that our financial transactions are reported to credit agencies that track how well and how quickly we pay our debts and that when we apply for a loan for one reason or another, those agencies report our credit history to prospective...
Free Credit Report – A Website Typo Could Be Costly
In 2003, Congress passed the Fair and Accurate Credit Transactions act (FACT), which made it possible for consumers to obtain a copy of their credit report for free. In fact, the legislation makes it possible for consumers to obtain one free report...
The best strategy to erase credit card debt
The best strategy to erase credit card debt Credit card debt is a growing sickness in the United States and Europe. It is very important to eliminate debt and take control of your financial health. In the below section, I have listed the best...
What Is Credit Counseling?
If you are in trouble financially, you have probably heard the term “credit counseling,” but do you understand what it is? Oftentimes this term is used in the same sentence as debt negotiation or debt settlement, but actually, it’s a completely...
|
|
| |
|
|
|
|
|
|
Consumer credit 101- What You Absolutely Need to Know
There are plenty of free credit reports offers on the Internet these days. Credit report is basically your financial resume, so make sure it is correct and protected from hackers or being theft. Your credit rating is what opens and closes these seemingly magical financial doors. The secret to your credit score is found in your credit report. Creditors use your credit report to find out whether, you are eligible or not for the great deals they are offering like “free credit reports” or “Great Low Rates on Approval!” etc. Credit reports are not only used for lending money but it also helps in finance from bank and mortgage loans.
What is consumer credit report?
A consumer credit report is a document, which gives factual information of an individual’s credit payment history. In other words it contains your personal and credit statements, reputation and your life style. It also tells whether you’ve been sued, arrested, or filed for bankruptcy. It doesn’t tell only your social security id or address proof but also tells your credit statements like how habitual you are in paying your debts, credit card report and history of bank statements.
Knowing what is in your credit report should be the first step you should take before attempting any type of financing. Credit Bureaus or Credit Reporting Agencies are in the business of gathering the information about a person's credit history. They collect information about consumers' financial situation from various sources including banks, savings and loans, credit card companies, and other financial institutions. There are many credit bureaus in the United States of America but only a few main ones. Those three are trans union,
experian and Equifax. Free credit reports from credit reporting agencies are available depending on your situation and the state in which you live. Consumer reporting companies sell the information in your report to creditors, insurers, employers, and other businesses that use it to evaluate your applications for credit, insurance, employment, or renting a home.
Employers often check for backgrounds on applicants and get consumer reports during their employment. Some employers only need an applicant's or employees past credit records; others want driving records and criminal histories. These are the things, which every employer goes for before recruiting an employee. Finding your way through the maze of credit is not as difficult as it first might seem.
The accuracy of payments of credit card debts, all types of Bills and repayment history of loans reflects your credit report. Good credit report plays a significant role in a secure and happy financial life. Credit report is the most important document which verifies your financial standing at present. It is also the most authentic proof of how well you had managed your finance in the past. Suppose you apply for a fresh loan then credit report plays a very important role for your eligibility. You can obtain your credit reports for free from the credit bureaus. If you find any dispute or problem in your credit report then you can correct them by contacting the credit bureaus. Credit report is one of the most awarded financial documents that every individual should have.
About the Author
Amit goel writes for Consumer credit 101- What You Absolutely Need to Know .
|
|
|
|
|
| Credit Reports - Credit Cards - Car Loans - Home Loans - Credit.com |
| Credit.com offers a variety of credit related products and services including credit reports and credit scores, credit cards, car loans, home loan and ... |
| www.credit.com |
|
| Equifax Personal Solutions: Credit Reports, Credit Scores ... |
| National consumer credit reporting company that offers credit reports, FICO(R) credit scores and identity theft protection products to consumers and small ... |
| www.equifax.com |
|
| The FTC's web site on Credit |
| Credit is much more than a piece of plastic, and the resources on this site can help you become a more savvy consumer. You’ll also find compliance ... |
| www.ftc.gov |
|
| Federal Trade Commission - Consumer Credit Center |
| Features an assortment of helpful articles related to credit issues. |
| www.ftc.gov |
|
| AnnualCreditReport |
| Site set up by the big three credit reporting agencies in the United States, to furnish free annual credit reports, as required by federal law. |
| www.annualcreditreport.com |
|
| Springboard - Non-Profit Consumer Credit Management |
| Our mission is simple: To offer education on the wise use of credit. ... SPRINGBOARD has been approved to provide credit counseling services and issue ... |
| www.credit.org |
|
| myFICO - FICO Credit Scores, Online Credit Reports and Identity ... |
| myFICO.com: Get your Free credit report and Free credit score with a 30-day trial of Score Watch. All three FICO Scores and Credit Reports Available now ... |
| www.myfico.com |
|
| Credit Suisse Global |
| Credit Suisse Group is an international financial services group. - Shares part of SMI. |
| www.credit-suisse.com |
|
| Experian: Free Credit Report and Credit Score, Credit Check ... |
| Credit referencing and consumer targeting for the USA and other countries. |
| www.experian.com |
|
| National Credit Union Administration - Home Page |
| An independent federal agency that supervises and insures 7152 federal credit unions and insures 4240 state-chartered credit unions. |
| www.ncua.gov |
|
| Credit - Wikipedia, the free encyclopedia |
| Debits and Credits, a type of bookkeeping entry; Credit (creative arts), acknowledging the ideas or ... Retrieved from "http://en.wikipedia.org/wiki/Credit" ... |
| en.wikipedia.org |
|
| Credit (finance) - Wikipedia, the free encyclopedia |
| Any movement of financial capital is normally quite dependent on credit, ... Sometimes if a person has financial instability or difficulty, credit is not ... |
| en.wikipedia.org |
|
| The National Foundation for Credit Counseling |
| DebtAdvice.org is a service provided by the Members of the National Foundation for Credit Counseling (NFCC), most of them known as Consumer Credit ... |
| www.nfcc.org |
|
| FreeCreditReport.com | Free Credit Report and Credit Score Online ... |
| FreeCreditReport.com: Free credit reports and credit scores from Experian. Get your free credit report and credit score now. It's free, fast, and easy! |
| www.freecreditreport.com |
|
| Compare credit cards | apply for a credit card | 0% balance ... |
| Compare over 300 credit cards, including 0% offers and balance transfers, and make a credit card application online... |
| www.moneysupermarket.com |
|
| Ford Credit - Auto financing for Ford, Lincoln and Mercury cars ... |
| Ford Credit provides auto financing to finance a lease or purchase a car or truck through Ford, Lincoln or Mercury dealerships. |
| www.fordcredit.com |
|
| The Credit Card Prank |
| In my lifetime, I have made nearly 15000 credit card transactions. ... Credit card signatures are a useless mechanism designed to make you feel safe, ... |
| www.zug.com |
|
| Credit magazine, corporate bonds, derivatives, structured credit ... |
| Credit magazine provides information on the international credit markets for credit investors, issuers and market professionals. |
| www.creditmag.com |
|
| CUNA: The Credit Union National Association |
| News and resource directory about credit unions. |
| www.cuna.org |
|
| Credit/Debt Management - Tools and Advice for Managing Credit and Debt |
| Drowning in debt? Trying to improve your credit score? This is the place for you. Get real world information and tips, as well as the legal low down, ... |
| credit.about.com |
|
|