jazzy_faye asked:


Its the three-in-one that tells you your score and negative items in each credit report. But since the information is merged, would that be acceptable to use when trying to file a dispute or claim any inaccuracies?
Im talking about writing dispute letters to the individual bureus for them to to investigate things that are inaccurate and wrong on my reports. I know you have to send in a copy of your credit report to the bureu, im wondering if they would accept this merged document…

Linda

Abhishek Agarwal asked:


Equifax has been compiling credit reports since 1899. You can now get your own free credit report every year from Equifax. Your credit report is what banks, mortgage and credit card companies use when they are deciding whether to grant you credit. It is a record of every credit transaction you have ever made.

Until recently you had to pay to get your credit report. But now thanks to the FACT Act which was passed in 2003 every American can see their own credit report. Previously, only companies had access to this information. Now you can see for yourself the information on which lenders base their decisions.

Equifax is a global company with 4,600 employees in 13 countries. With $1.4 billion in revenue it has a proven track record in the field of credit reports.

All you have to do to get your free credit report is to go to the Equifax website. Follow the simple instructions and your report will appear on your computer. You can download it or print it.

You must establish your identity by providing some information such as date of birth, social security number, name and address. Equifax needs to verify who you are before it hands out this sensitive information. But the whole process only takes a few key strokes.

Once you’ve got your credit report you can check it against your own records. If there are any inaccuracies you can report them to Equifax. When you provide the documentary evidence that a mistake has been made you can have the report corrected.

Then lenders will get an accurate picture of your credit history. If you have been the victim of identity theft and someone has used your name to get credit then you can have those transactions removed from your report.

Any inaccuracies in the credit report may have been lowering your credit score. Lenders may have refused you credit because they thought you were a bad risk.

There are two other companies that compile credit reports. You can also get free credit reports from them. But Equifax is one of the giants of the industry and a company that is well trusted by lenders. Equifax has been providing credit reports for over a century. So take advantage of the FACT Act and get your free credit report from Equifax today. Your credit score need no longer be a mystery to you.



credit report

Ronnica Rothe asked:


If you are looking to make a big purchase like a house or a car or want to apply for a credit card for any reason, the prospective lender or creditor will look at your credit report to see if you qualify. Whether or not they allow you to borrow the money needed for the item or give you credit to spend will be based on what they see on your credit report-to.

The first thing to do is pull a copy of your credit report. The three main credit bureaus are required to give you a free copy of your credit report each year. These reports will not include the credit score, but will provide you with the other information provided to lenders who request your information. Information on your credit report with each credit bureau might be slightly different, so it is good to check each at some point in the year.

After you have pulled your credit report online, review it to see if there are any inaccuracies. Make sure that each account listed is correct. If there is a wrong item on their, you will need to contact the credit bureau through their simple online reporting tool. Good items can stay on your credit report indefinitely, but most negative items can only be on there for 7 years. Chapter 7 bankruptcies can stay on your credit report for 10 years, and unpaid tax liens can remain for up to 15 years. If you find that a negative item has stayed on your credit report longer than the designated time, you will want to make sure to report that to the bureau as well. If you have any problems with one credit report, make sure to check your credit reports with the other two bureaus to see if they have the same inaccurate information.

There is no legal way to remove accurate information. Any company or individual who promises to do so for a fee is probably scamming you. The best way to fix bad credit is to focus on building good credit. While negative items can remain for seven years or more, they will have less impact on your credit score as time goes on. By practicing good credit habits in the future, you will be able to show that the problems in your past do not truly reflect your current financial situation.

To find out more specific ways to improve your credit and find out ways to escape from debt, talk to a credit counselor. A credit counselor can review your credit report with you and explain why items are good or bad, and what can be done to improve your credit in the future. A good credit counselor has experience with the ins and outs of credit reports and can provide you with the appropriate financial analysis.

Once you have actively taken steps to improve your credit, you will find that you will qualify for better loans and offers from credit companies. Of course it is important to continue using your credit positively so to keep your credit decent.



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