Too many open accounts
Sat Jul 3, 2010 02:07PM
Q: I currently have 45 total accounts reported on my Equifax credit report with FICO score of 763 and "too many open revolving accounts" or something in that regard. That begs a question - how many is too many?...Credit utilization rate considers installment loans
Thu May 6, 2010 12:05PM
Q: I understand that credit utilization rate takes revolving credit lines into account, but does it consider installment loans. If my car or student loan is at 90% utilization rate, will my credit score take a hit? If I...Follow up dispute letter to credit bureaus
Mon Mar 1, 2010 11:03PM
Q: I got a negative credit card record on all three credit reports that does not belong to me. Sent a dispute letter to the credit bureaus, so they would remove it. Got response from Experian after 3 weeks...Experian Advanced Risk Score 2.0 range
Fri Oct 16, 2009 10:10AM
Since Experian FICO is no longer available, several financial institutions are offering Experian Advanced Risk Score 2.0, which belongs to the FICO NextGen scores. The Advanced Risk Score 2.0 range is from 150 to 950 points, leading to further confusion...What is FICO bucketing
Tue Oct 13, 2009 09:10AM
Q: My credit score went down 35 points on average with all three credit bureaus. My credit union rep said that I got few late payments and probably got dropped into negative credit bucket. What are the credit buckets?...Paying less than minimum on credit card and 30 day late
Fri Oct 9, 2009 08:10PM
If I pay less than the monthly minimum payment by the due date, will it be reported as 30 days late on my credit report? Citibank has just raised minimum monthly payment to 4 percent from 2, and to say...30 day late payment, credit score
Thu Oct 8, 2009 10:10AM
Q: I am under impression that 30 day late payment does not affect credit score after 24 months. I have had one 30 day late credit card payment for 21 months. Initially, it did affect my credit score - it...TransUnion codes
Mon Jun 29, 2009 12:06PM
Q: I have a question on TransUnion codes. Got my credit report and can't quite figure out what 09P means? Also I have R03 codes in two places. My TransUnion credit score is only 574. A: TransUnion code 09P...TransUnion will help debt collectors against you
Tue Jun 23, 2009 02:06PM
I bet many of you are going to get a kick out of it. The Fair Debt Collection Practices Act or FDCPA was created in 1978 as a part of the Consumer Credit Protection Act, specifying strict guidelines under...How to speak to a live person at Equifax?
Tue Jun 16, 2009 03:06PM
Somehow Equifax has become quite popular among our readers. Seems like it is now the preferred choice of many lenders who want to get a preliminary idea on credit worthiness of potential borrower. The most common question is how...Credit score for mortgage - new BEACON Mortgage Score
Mon Jun 1, 2009 02:06PM
In effort to help mortgage lenders, FICO introduced BEACON Mortgage Score, an all new credit score specifically designed for mortgage industry. According to FICO, Equifax BEACON Mortgage Score, which is not to be confused with your traditional BEACON Score offers...Credit score scale range and guide
Sat May 16, 2009 04:05PM
As strange as it may sound to some of you, there is a whole range of credit score scales, and with that, many questions arise. So I decided to put a small guide with no pretending that it will be...TransUnion FICO score
Wed May 6, 2009 03:05PM
Q: On advise of my coworker, I ordered TransUnion credit report and what I hoped would be FICO score. Instead, I received the report and something called Vantage Score? A: You can read on Vantage Score and see how...Free TransUnion credit report, FICO score and dispute
Wed May 6, 2009 02:05PM
Everyone should be monitoring his or her credit report as this is vital for a financial well being. You can get free TransUnion credit report, using your right on one copy of annual credit report a year, as well...R9 credit rating - how it impacts your credit score?
Sat May 2, 2009 02:05AM
Q: I have R9 credit rating on my credit report. It is a $571 MasterCard charge off. Does it make sense for me to pay it? If I do, will it make any difference on calculating my credit score?...Free Experian credit report, score and dispute
Tue Apr 21, 2009 12:04PM
You can get a free Experian credit report but not the score from Free Annual Credit Reports as everyone is entitled for one copy per year. Your credit scores can be purchased separately. But the quickest way is to...Free Equifax credit report and how to dispute with Equifax
Tue Apr 7, 2009 07:04PM
Q: How can I get Equifax credit report, and can I get it for free? I need to initiate dispute with Equifax as fast as possible. There is an incorrect negative information on my credit report and few inaccuracies...Who can I talk to about my credit history and score?
Sun Feb 22, 2009 10:02PM
Q: Who can I talk to to find out my credit history and score? A: The best way to learn where you stand with your credit history, scores and rating, is to check with your mortgage broker friend, or...Experian credit report and score will not be part of FICO from February 14, 2009
Wed Feb 11, 2009 01:02AM
Comes Saturday, there won't be Experian FICO Scores any more. Experian credit report will no longer be available with FICO as the 6 year relationship between Experian and Fair Isaac will end. Fair Isaac said that Experian decided to...What is the good credit score today? Toyota Financial denies loan
Mon Oct 27, 2008 12:10AM
Q: I was denied a car loan yesterday. My credit scores are 662, 664 and 689, which I knew before applying, and thought were fine, but Toyota Financial turned me down. Finance manager at the dealership told me, what...Vantage credit score - modern credit scoring system
Mon Oct 20, 2008 12:10PM
Developed in 2005 jointly by TransUnion, Equifax and Experian to improve risk assessment and provide consistency of scoring across these three credit reporting companies, the Vantage credit score or VantageScore is still fighting against resilient FICO scoring system, and while...Credit report myths
Fri Oct 17, 2008 01:10PM
There are so many credit report myths and misconceptions circulating around that it's hard to figure out where to begin. It is important to know some of those, and I will try to cover as many myths as I can...Credit scores and what they mean
Fri Aug 29, 2008 02:08PM
I politely disagree with Anya Kamenetz of Generation Debt, at least with some content of her article - What You Need to Know About Credit Scores. I am going to digest it for you step by step. This is...Wrong bad credit record comes back Verified from Experian
Sun Jun 8, 2008 04:06PM
Q: We are in a dispute with Experian. According to Experian credit report, both my card and my wife's separate accounts with Capital One are 30 days late. The balances are wrong, the credit limits are wrong and we have...How much credit scores can very among the three credit bureaus?
Thu May 22, 2008 11:05PM
A lot. The report I recently ran had the following scores, Experian - 796, Equifax - 760 and TransUnion - 698. That is 98 point difference between Experian and TransUnion. The only thing that affected TransUnion was an old...Equifax address
Sat May 3, 2008 12:05PM
Equifax address is even more obscure. The company wants you to order and dispute online. Here is the address you can try for an enquiry, and I would only use certified mail with signature confirmation. Equifax address is Equifax...Experian address
Sat May 3, 2008 12:05PM
Apparently there is some confusion with Experian address. Experian has many addresses for different purposes. The agency doesn't like mail, preferring phone, fax and email. The address for the masses is Experian P.O. Box 2104 Allen, TX 75013-2104 If...Old debt, statute of limitations and noisy collection agency
Mon Apr 21, 2008 02:04PM
Q: Last week I got a letter from collection agency on a car loan, which I messed up over 7 years ago. I live in Colorado. I have two questions. First, if statute of limitations is up? Second, if...Remove bankruptcy from credit report after 3 years
Thu Mar 27, 2008 11:03AM
Q: Is there anything one can do to remove bankruptcy from credit report after 3 years? A: No, Chapter 7 Bankruptcy stays for 10 long years on credit reports from the date of filing or the date of bankruptcy...Hard inquiries on a credit report
Tue Mar 4, 2008 02:03PM
Q: Can the hard inquiries be removed from a credit report. I have way too many and they are affecting my credit negatively. A: No you can not. They eventually fall off - after 2 years....Debts discharged in bankruptcy reported as LATE on credit report
Mon Feb 18, 2008 11:02AM
Q: I have declared Chapter 7 bankruptcy 2.5 years ago. I had account with Capital One which was discharged. Last week I obtained my credit report from TransUnion showing the same account twice - as INCLUDED IN BANKRUPTCY with...VantageScore vs. FICO Score confusion explained
Mon Jan 28, 2008 05:01PM
There is some confusion going on lately about the credit score range and about the credit scoring in general. We believe this is caused by the recent introduction of the VantageScore in addition to the FICO score that we...Duplicate accounts - accounts reported twice
Wed Jan 23, 2008 11:01PM
Q: Can one account by the same creditor be reported as two separate accounts? A: Duplicate accounts happen all the time. Normally the have very similar numbers, balances, credit limits, dates when they were open, and so on. It...Bad debt reporting - collection agency & original creditor report the same account
Wed Jan 23, 2008 10:01PM
Q: Can the original creditor and collection company both report on the same account? A: Yes and often the status of the same account is different - collection agencies almost always report as CLOSED, but normally status is considered...VantageScore Credit Score vs. FICO Score
Sun Jan 20, 2008 10:01AM
What is VantageScore? The VantageScore which we first wrote about in March, has been sent to consumers. It does create some confusion, but the idea is to simplify credit score system and show a potential borrower where he or...New Texas law on credit report freeze - everyone can freeze credit report
Tue Jan 8, 2008 12:01AM
Q: Can I freeze my credit in Texas if I wasn't a victim of identity theft, it seems that the law was changed recently but I can't find the legislation. Please tell me how much I have to pay...Withdrawal of federal tax lien - how to remove tax lien from credit report
Wed Oct 24, 2007 09:10PM
I was asked a question which in nutshell was - how to make the credit reporting agencies remove tax lien which was filed by mistake. Even after IRS issued withdrawal of federal tax lien acknowledging its error, the three...Balance with high balance on credit report credit card record
Sat Oct 13, 2007 03:10PM
Q: I just a copy TransUnion credit report. They have a section that states balance and high balance. In my balance section is $0, in my high balance is $1,398. This account is noted as charged off but I paid...IRS tax lien from 1991
Tue Sep 4, 2007 09:09PM
Q: I have a notice on my score that affected my beacon score, and cost me money on a lease. It is an IRS lien in 1991. This lien was removed by the IRS in 1991 but still appears...It is impossible to speak to a human at Equifax. Any advise?
Thu Aug 30, 2007 07:08PM
You must get a copy of the Equifax credit report which will provide you with the toll free number. You can get your report by calling 1-888-766-0008 and choosing option 6. You will have to punch in your address,...Reporting defaulted rent payments, unpaid bills to the credit bureaus
Wed Nov 29, 2006 11:11AM
Q: When a renter defaults on rent payments and also leaves me with her pending bills, is it possible to have that person reported to the credit bureaus? How do I go about reporting it to the 3 main...How long charge-offs stay on the credit report and re-aging question
Mon Oct 30, 2006 04:10PM
Q: How long charge-offs stay on the credit reports? I had few problems with Washington Mutual and Bank of America, and my charge-offs were sold to the collection agency, and now this agency wants me to pay. Should I?...FICO score range
Mon Aug 14, 2006 11:08AM
We are having many inquiries on the exact limits of FICO score range. The FICO score is counted slightly differently by Equifax, TransUnion and Experian, but the credit scores some claiming to have, are way out the range with few...Equifax Canada information
Wed May 31, 2006 11:05AM
To obtain a credit report from Equifax Canada, consumers can call 514-493-2314 or 800-465-7166. Another way for residents of Canada to contact Equifax is to mail a written request with copies of two pieces of identification to: Equifax Canada Inc....Equifax phone number to get credit report
Wed May 17, 2006 04:05PM
Equifax Phone Number is 800-997-2493 This phone number is the automated service that let's you order your Equifax credit report. Using this number you can not dispute your credit report. Equifax credit report you receive, will list another phone number...Experian, Equifax, TransUnion adapt uniform credit score
Tue Mar 14, 2006 09:03AM
Experian, Equifax, TransUnion, three main credit bureaus just announced they will use new uniform credit scoring system to make life easier for lenders and consumers. The new credit scoring system is called VantageScore. VantageScore is developed by VantageScore Solutions LLC....Experian credit report - ways to obtain
Tue Feb 28, 2006 02:02PM
Experian credit report can be obtained absolutely for free with the credit score by simply registering for 30 day free trial for Experian service called Credit Manager You must cancel Credit Manager within the 30 day trial period, or you...Experian Phone Number
Mon Feb 27, 2006 03:02PM
Experian phone number is 888-397-3742. Use this free number to order and dispute your credit report with Experian. Call Monday to Friday, 9am - 5pm, in your time zone. Experian preferred way is to dispute online. Before disputing you have...TransUnion Credit Bureau allows you to add a Consumer Statement
Tue Feb 21, 2006 02:02PM
If you are disputing your credit report with TransUnion Credit Bureau, and the dispute can't be resolved by TransUnion investigation, you may add a Consumer Statement to your credit report. Consumer statement is some sort of an explanation which can...TransUnion Canada information
Mon Feb 20, 2006 02:02PM
TransUnion Canada doesn't like emailing "due to information security reasons". If you live anywhere in Canada but Quebec, you can call Consumer Inquiries at 866-525-0262 or 905-525-0262 from 8:00 AM until 8:00 PM EST, Monday to Friday. You can also...TransUnion credit report - how to get it
Fri Feb 17, 2006 11:02AM
TransUnion credit report can be ordered by calling Trans Union phone number at 800-888-4213. If you want to check your credit score, ordering TransUnion credit report is the wise move. Many lenders check this credit report first, when you apply...TransUnion Phone Number
Thu Feb 16, 2006 05:02PM
Here's some handy information for our readers... TransUnion Phone Number: 800-916-8800 Week days to call: Monday to Friday Work hours to call: 8:30 a.m. to 4:30 p.m. in your time zone Where your call goes to: Consumer Relations department at...Helpful Links
Recent Entries
- Too many open accounts
- Credit utilization rate considers installment loans
- Follow up dispute letter to credit bureaus
- Experian Advanced Risk Score 2.0 range
- What is FICO bucketing
- Paying less than minimum on credit card and 30 day late
- 30 day late payment, credit score
- TransUnion codes
- TransUnion will help debt collectors against you
- How to speak to a live person at Equifax?
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