How to Spot and Fix Errors on Your Credit Report
How to Spot and Fix Errors on Your Credit Report Credit Monitoring by David B. Coulter Share Share Email We might believe that the major credit bureaus keep the tightest and most up-to-date records of our credit profiles. However, according to a new Consumer Reports investigation, more than one-third, or 34 percent, of Americans found […]
CFPB Semi-annual Report on Consumer Complaints – Part 2
CFPB Semi-annual Report on Consumer Complaints – Part 2 Auto Loans by John Ulzheimer Share Share Email Yesterday I addressed the credit card, consumer loan, mortgage loan complaints consumer made to the Consumer Financial Protection Bureau (CFPB). In this part 2, I’ll address student loan, bank account and service complaints and handling of the complaints. […]
What’s The Difference Between A Credit Report and A Credit Score?
What’s The Difference Between A Credit Report and A Credit Score? Auto Loans by John Ulzheimer Share Share Email “John, I’ve read where you undress people who say credit scores are used by employers and then you get on them for using credit reports and credit scores as if they were the same things. Isn’t […]
Who’s Right About Credit Report Errors…Consumers or the Industry?
Who’s Right About Credit Report Errors…Consumers or the Industry? Credit Cards by John Ulzheimer Share Share Email I’ve written about credit report errors several times over the past 9 years and the topic is what we in the writing world refer to as being “evergreen”, meaning it’s timely regardless when it’s published. As such, here’s […]
How Often Do I Get a Free Credit Report?
How Often Do I Get a Free Credit Report? Credit Monitoring by John Ulzheimer Share Share Email In the world of credit there are plenty of things to be confused about. Credit scoring, risk management, insurance scores, employment screening, pre-screening, the value of credit inquiries…one thing after another. What I never thought would be confusing […]
Where is all that credit report data coming from?
Where is all that credit report data coming from? Credit Cards by John Ulzheimer Share Share Email The Consumer Financial Protection Bureau’s (CFPB) Office of Deposits, Cash, Collections and Reporting Markets (DCCR) conducted a study of how consumer data is managed, which was released in December 2012. This included how data is compiled by the […]
What is a Credit Report Error?
What is a Credit Report Error? Credit Monitoring by John Ulzheimer Share Share Email Consumer advocates are constantly referring to credit reports as being riddled with errors. Industry representatives dismiss those assertions and suggest that credit reports have very few errors relative to the enormous amount of information they maintain. So, who has it right? […]
What’s a Mixed Credit Report?
What’s a Mixed Credit Report? Civil Penalty by John Ulzheimer Share Share Email In late July 2013 a jury awarded an Oregon woman $18.6 million over Equifax because of errors on her credit report. Her issue…she had a credit file that was mixed with that of another woman, who happened to have poor credit. So, […]
Can I Close On A Loan While My Credit Report is in Dispute?
Can I Close On A Loan While My Credit Report is in Dispute? Auto Loans by John Ulzheimer Share Share Email In what’s becoming a fairly common occurrence, consumers who have active credit report disputes are finding it hard to close on loans. Consumers have the right to challenge items on their credit reports with […]
Does My Credit Report Combine With My Spouse’s Credit Report When We Get Married?
Does My Credit Report Combine With My Spouse’s Credit Report When We Get Married? Credit Report by John Ulzheimer Share Share Email From time to time I’ll receive questions from consumers regarding how their credit reports react to marriage. Many people believe that your credit reports and credit scores merge when you get married. This […]