Do The Credit Bureaus Determine My Credit Rating?
Do The Credit Bureaus Determine My Credit Rating? Bankruptcy by John Ulzheimer Share Share Email The three major credit bureaus in the U.S, compile credit information from many data providers including credit grantors such as banks, credit unions, finance companies, mortgage lenders, auto lenders, retailers and credit card issuers. In addition, they compile information from […]
What If My Credit Limit Is Not Being Reported On My Credit Report?
What If My Credit Limit Is Not Being Reported On My Credit Report? Credit Cards by John Ulzheimer Share Share Email Your credit limit is the predetermined upper most boundary of your credit card spending capacity. So, if you’ve got a $10,000 credit limit that means you can charge up to $10,000 worth of products […]
Does transferring my credit card balance to a new credit card increase my credit scores?
Does transferring my credit card balance to a new credit card increase my credit scores? Credit Cards by John Ulzheimer Share Share Email Now that the holidays are over and the bills are coming in, you may be contemplating how to lower the amount of interest you pay on your credit cards and how to […]
Fraud Alert vs. Credit Freeze: What’s the Difference?
Fraud Alert vs. Credit Freeze: What’s the Difference? Credit for Beginners by David B. Coulter Share Share Email If you suspect that fraudsters have targeted your personal information and accounts, the unfortunate reality is that you’re probably right. A case of identity theft occurs every two seconds in the U.S. Fraudsters are relentless, but that […]
How Early In Life Can I Have A Credit Report?
How Early In Life Can I Have A Credit Report? Auto Loans by John Ulzheimer Share Share Email “John, I’m 16 years old and I’m already very interested in credit and you won’t guess why. My parents have terrible credit and I want to make sure I don’t follow! I know I’m only 16 but […]
Do Consumers Get The Same Credit Scores As Lenders?
Do Consumers Get The Same Credit Scores As Lenders? Credit Monitoring by John Ulzheimer Share Share Email The Consumer Financial Protection Bureau (CFPB) has been in the news often lately. They are they consumer protection watch dog re: the financial services industry. They released a study about credit scoring in late September 2012. This study […]
Why is My Spouse’s Credit Score Different From Mine?
Why is My Spouse’s Credit Score Different From Mine? Credit Cards by John Ulzheimer Share Share Email It’s one of the most common credit reporting and scoring myths…the one that suggests spouses have joint credit reports and share a credit score. This is, of course, untrue. Unless both you and your spouse’s names are listed […]
How to Get a State Tax Lien Off My Credit Reports?
How to Get a State Tax Lien Off My Credit Reports? Civil Penalty by John Ulzheimer Share Share Email I received the following email last night from a Twitter follower, @johnulzheimer. “Hi John, Today I was notified by my credit monitoring service that the credit bureaus picked up a county-recorded State Tax Lien placed on […]
Are Criminal Records on Credit Reports?
Are Criminal Records on Credit Reports? Civil Penalty by John Ulzheimer Share Share Email A credit report contains information on loans, credit card accounts, credit inquiries, public records, and collections. Public records contain civil public records such as bankruptcies, tax liens, foreclosures, and judgments. These reflect non-payment of credit obligations. This information is compiled by […]
Why isn’t my checking account on my credit reports?
Why isn’t my checking account on my credit reports? Credit Cards by John Ulzheimer Share Share Email When you open a checking account, it’s very possible that the financial institution will reviews your credit report. I just opened an account with a local credit union here in Georgia and they pulled my credit report before […]