Monthly Archive for May, 2009

How to handle bad credit debt thats almost 10 years old but it still shows up on my credit reports?

Published on May 30, 2009 in Credit. 6 Comments Tags: 10 Years, Bad Credit, Credit Reports, Rebuild Credit, Rebuild My Credit.

bynam asked:

I have atleast 4 major credit debts that was in the early 90’s i thought bad debt only remains on your credit for no longer than 7 years its almost over 10 years but they still show up on my credit reports. Is there anything I can go legally to take those off my credit history, Specially now that I am trying to rebuild my credit.

ADAM

How can I remove paid collection items from my Credit Reports?

Published on May 28, 2009 in Credit. 5 Comments Tags: Credit Report, Credit Reports, Paid In Full, Receipts, Thanks In Advance.

uncg_girl asked:

There are several items on my credit report that were in collections but I paid them. They also indicate that they were paid in full/closed on my credit reports. However, If I mail receipts of these paid collection items to the 3 credit bureaus can I ask them to remove that collection information? Would they be able to delete that information since the account was paid?

I was told that since they were paid that they were void anyway. However, I would like to have them removed. What if I dispute them? Can you dispute paid items on your report for removal?

Thanks in advance

ETHAN

How can I pay bills when I can’t find a descent job because of bad credit reports?

Published on May 28, 2009 in Personal Finance. 4 Comments Tags: Credit Check, Credit Reports, Job Pay, Need A Job, Pay Bills.

Mrs. O asked:

I am behind on bills, and needless to say I need a job. It seems I am up against bad credit reports when employers run a credit check. I was not able to apply for a temp-to-hire job because of credit. I need a job to pay off bills but I am having a hard time finding work because of credit.

DAVID

How long should I keep my credit reports?

Published on May 24, 2009 in Credit. 9 Comments Tags: Bank Statements, Credit Cards, Credit Reports, Equifax, Tax Returns.

I Like Reading asked:

My bank sends me quarterly bank reports. I don’t really have anything of note on them as I pay my credit cards off in full on time.

I know there are suggestions as to how long to keep credit bills, bank statements, receipts, tax returns, etc. What is it for credit reports from Equifax, etc?

SHAUN

What is the best company to order credit reports from?

Published on May 24, 2009 in Credit. 5 Comments Tags: Credit Monitoring, Credit Reports, Free Credit Report, Gurus.

libertywarrior asked:

Attention credit gurus. A consumer is supposed to be able to get one free credit report. But when I tried to order, the co. puts up an agreement that forces you into monthly credit report monitoring for a monthly fee, this before they give you the free report, So what is the best way to get the 3 credit reports.

ANTHONY

Credit Reports?

Published on May 23, 2009 in Credit. 2 Comments Tags: Credit Reports, Credit Score, Equifax, Experian, Transunion.

animal_mother asked:

I viewed my free credit report online from Experian. I know I can still request a free credit report from the other 2 companies this year also (TransUnion and Equifax), but would prefer to space them out throughout the year to view changes and updates. My question is will there be a difference in the reports? I know the 3 may give me a different credit score, but will all my accounts with the amounts I owe be consistent? Thanks.

EDWARD

Is there a credit reporting agency that will accept credit reports from a small business w/o charging a fee?

Published on May 23, 2009 in Small Business. 2 Comments Tags: Bad Credit Rating, Credit Report, Credit Reporting Agencies, Credit Reports, Membership Fee.

Bruce T asked:

I own a small business where there are numerous debtors who run up bills and then refuse to pay. Are there any credit reporting agencies which will accept credit reports from me without charging me any kind of fees? I cannot afford to pay a membership fee. I am already losing money and only a small percentage of debtors will pay to resolve a bad credit report. Many just don’t care if they have a bad credit rating. Thanks.

DYLAN

What is a good web site for credit reports?

Published on May 22, 2009 in Credit. 6 Comments Tags: Credit Report, Credit Reports, Find A Website, Loans, Web Reports.

M asked:

I just got a new job in finance, I have to learn how to read credit reports to decide on loans. I understand some things on a credit report, but I would like to find a website that breaks them down for you…..any ideas?

ELLIS

What type of account that chase freedom signature reports to credit agencies?

Published on May 21, 2009 in Credit. 1 Comment Tags: Chase Credit, Chase Visa, Credit Agencies, Freedom, Improve Credit.

Bluesea asked:

I saw some topics that say chase freedom signature visa reports as a opening account in credit report instead of revolving account. Is it right or not?
What is the different between opening account and revolving account? which one is good for improve credit scores?

NICHOLAS

How do I run credit reports on prospective customers?

Published on May 19, 2009 in Small Business. 3 Comments Tags: Consumer Product, Credit Reports, Prospective Customers, Residential Customers, Small Business.

MissMary1 asked:

I operate a small business. We are getting into a new market of residential customers and I would like to be able to run credit reports on potential customers. How do I do it?
We sell a consumer product that generally gets financing, however, with the residential customers, we are going to finance them in-house.

HARVEY