Should I Become Fair Credit Reporting Act Certified?
Should I Become Fair Credit Reporting Act Certified? Bankruptcy by John Ulzheimer Share Share Email “John, I work in the credit industry and I would like to learn more about the Fair Credit Reporting Act. Are there places I can go to take classes about the FCRA?”
If I Apply For A Job Will The Employer Pull My Credit Report?
If I Apply For A Job Will The Employer Pull My Credit Report? Credit Monitoring by John Ulzheimer Share Share Email “John, I just got a job with a local bank and they pulled my credit report before they hired me. I wasn’t thrilled about them doing this but I wanted the job so I […]
The Difference Between Identity Theft and Credit Card Fraud
The Difference Between Identity Theft and Credit Card Fraud Credit Report by David B. Coulter Share Share Email Now more than ever, people need to be careful to avoid falling victim to someone compromising their accounts. There are many ways someone with bad intentions can steal your sensitive data and/or information, which can put you […]
CFPB launches credit report complaint database
CFPB launches credit report complaint database Credit Cards by John Ulzheimer Share Share Email The CFPB just announced their new online credit report complaint database. Credit reporting agencies like TransUnion, Experian, and Equifax, provide reports and credit scores that effectively tell lenders what sort of human being you are. Your credit reports influence whether or […]
How Can I Avoid My Credit Card Being Closed?
How Can I Avoid My Credit Card Being Closed? Credit Cards by John Ulzheimer Share Share Email Don’t Not Use Your Card – Ok, the poor grammar was intentional and corny but I think I’ve made my point. Credit card issuers are in busy to make money and make a profit. They can’t do either […]
What Credit Score Do I Need for a Personal Loan?
What Credit Score Do I Need for a Personal Loan? Credit for Beginners by David B. Coulter Share Share Email If you’re looking to meet additional expenses or expand into new ventures and don’t want to rely on credit cards, one option is to apply for a personal loan. One of the criteria that lenders […]
Should I care which credit bureau the lender uses when I apply for credit??
Should I care which credit bureau the lender uses when I apply for credit?? Credit Monitoring by John Ulzheimer Share Share Email “John, I’ve read articles where you use the term “strategic shopping” to describe choosing lenders that use the credit report where you have the highest FICO or VantageScore credit score. Can you elaborate […]
Are Auto Insurance Claims on My Credit Reports?
Are Auto Insurance Claims on My Credit Reports? Auto Loans by John Ulzheimer Share Share Email When you file a claim on your auto insurance policy, it is reported to insurance claims databases compiled LexisNexis. LexisNexis is the most widely used by the insurance companies. These companies are consumer reporting agencies, just as Equifax, Experian […]
Can Student Loans Lower My Credit Scores?
Can Student Loans Lower My Credit Scores? Credit Monitoring by John Ulzheimer Share Share Email FICO, the company that invented the credit score, recently conducted a study of student debt using data from one of the three major credit bureaus. The average debt was $26,549 in 2012, compared to $17,236 in 2005 or a 54 […]
Why Are My Credit Scores Different On Each Credit Report?
Why Are My Credit Scores Different On Each Credit Report? Credit Cards by John Ulzheimer Share Share Email Circa 1997, that was one of my interview questions when I was interviewing for my job at FICO. Whew, it’s a good thing I answered correctly or I might be writing about something other than credit. This […]