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Repair Your Credit The RIGHT WAY!

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Building Better Credit And Credit Repair Newspapers, radio, TV and the Internet are filled with advertisements that offer—for a fee—to erase accurate negative information in your credit file. The scam artists who run these ads can't deliver. Only time, a deliberate effort, and a plan to repay your bills will improve your credit record. This publication is designed to help you understand and legally improve your credit report through the right way to credit repair. This publication has five sections:

Consumer Reporting Agencies If you've ever applied for a credit card, a personal loan, or insurance, there's a file about you. This file contains information on where you work and live, how you pay your bills, and whether you've been sued, arrested, or filed for bankruptcy. Companies that gather and sell this information are called Consumer Reporting Agencies (CRAs). The most common type of CRA is the credit bureau. The information CRAs sell about you to creditors, employers, insurers, and other businesses is called a consumer report.

he Fair Credit Reporting Act (FCRA) The FCRA is designed to promote accuracy and ensure the privacy of information used in consumer reports. Recent amendments to the Act expand your rights and place additional requirements on CRAs. Businesses that supply information about you to CRAs and those that use consumer reports also have new responsibilities under the law. Here are some questions consumers commonly ask about consumer reports and CRAs—and the answers.

 
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Your credit history at your fingertips (Macon Telegraph)
In this age of identity theft and skyrocketing consumer debt, credit counselors say it's becoming more important than ever to check your credit reports.

Silly fees prevent savings (Kansas City Star)
The check for $53.09 just came in the mail. This was “free” money my wife, Georgina, and I made over the past two months just by using a credit card that gives us 5 percent cash back on grocery store, drugstore and gas station purchases.

Frugal lifestyle aids savings (Milwaukee Journal Sentinel)
The check for $53.09 just came in the mail - "free" money my wife, Georgina, and I made over the past two months just by using a credit card that gives us 5% cash back on grocery store, drugstore and gas station purchases (to search for a list ...

The Truth About Multiple Credit Inquiries (Washington Post)
When you go shopping for a car or a home, do you become a little concerned when you hear these words: "Can I pull your credit report?"

 

 

 

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