An act is pending in Congress that would require credit reporting agencies to remove medical collections once they’ve been paid or settled as long as the amount was less than $2,500, but is it a good a idea?
The internet is full of promises when it comes to getting a peek at your credit score for “free,” but nearly all these providers will require a credit card number for a trial subscription. Here are a couple of services that don’t ask for any plastic.
It seems we can’t go more than a few weeks without our personal info being compromised by a data breach. Last week it was the New York Yankees. The week before it was the Sony PlayStation. And a few weeks before Sony it was Epsilon. If you believe the ads we’re all just one step away from living in our parent’s basement, working at fast food restaurants, having our credit reports trashed, and even being falsely arrested.
So you’ve made some credit mistakes. With over 35% of the population scoring below 650 on the FICO scoring scale, you’re certainly not alone. But now that you’ve made the mistake, how long are you going to have to live with it?
Photo: David M. Goehring I posted a question on my Twitter account a few weeks ago and I was pleasantly surprised to get dozens of answers to my impromptu credit quiz. In fact, I got so many that I decided...
A class action lawsuit was just filed against Consumerinfo.com, essentially Experian, because of the actions of FreeCreditReport.com and FreeCreditScore.com. As with all class action lawsuits, there is a large number of potential class members. Could YOU be a member of the class? Read on to find out.
There are a few certainties in life: death, taxes, and FICO not disclosing how many “points” certain events can cost your FICO scores. But, less than two weeks ago, the scoring giant did just that: provide some clarity on how many points you can lose by doing a variety of “bad” things with your mortgage loans.