Why is my discharged bankruptcy still on my credit report?
Why is my discharged bankruptcy still on my credit report? Bankruptcy by John Ulzheimer Share Share Email Despite some assumptions, bankruptcies aren’t removed from your credit report immediately after they are discharged. Discharged 7 and 11 bankruptcies remain on your credit report for ten years from the filing date and discharged chapter 13 bankruptcies remain […]
Why isn’t my rent on my credit report?
Why isn’t my rent on my credit report? Credit Monitoring by John Ulzheimer Share Share Email The next time you pull your credit report take a look at the inventory of information listed. Do you see any rental obligations? Any apartment leases? If not you shouldn’t be surprised. The credit bureaus still very much have […]
Does Paying a Collection Reset the 7 Year Credit Reporting Clock?
Does Paying a Collection Reset the 7 Year Credit Reporting Clock? Credit Monitoring by John Ulzheimer Share Share Email Q: John, I have a collection from an old cable bill that’s 3 years old. From reading your articles I know I’ll have to live with it on my credit reports for 4 more years. Recently […]
CFPB Semi-annual Report on Consumer Complaints – Part 2
CFPB Semi-annual Report on Consumer Complaints – Part 2 Auto Loans by John Ulzheimer Share Share Email Yesterday I addressed the credit card, consumer loan, mortgage loan complaints consumer made to the Consumer Financial Protection Bureau (CFPB). In this part 2, I’ll address student loan, bank account and service complaints and handling of the complaints. […]
6 Tips for Creating a Spending Plan That Helps Your Credit Score
6 Tips for Creating a Spending Plan That Helps Your Credit Score Credit Cards by Maria Shahid Share Share Email Creating a sensible spending plan is one of the best ways a prospective borrower can have a positive impact on their credit score and get approved for a loan — but many people don’t budget […]
Identity Theft In The Making – Stories From A Credit Bureau Insider, Part II
Identity Theft In The Making – Stories From A Credit Bureau Insider, Part II Identity Theft by Steve Reger Share Share Email Early on and long before credit repair as we know it now, when someone said an account was not theirs you could just about take their word for it. Sure on occasion a […]
Can I Build Credit By Becoming An Authorized User On A Credit Card?
Can I Build Credit By Becoming An Authorized User On A Credit Card? Credit Cards by John Ulzheimer Share Share Email I recognize credit scoring can be complicated and sometimes people can make mistakes when covering the topic or otherwise answering consumer questions. Having said that, one of the lesser complicated aspects of credit scoring […]
What Are Account “Ratings” on my credit reports?
What Are Account “Ratings” on my credit reports? Auto Loans by John Ulzheimer Share Share Email Have you ever seen an actual raw credit report? Meaning, a credit report that has been produced directly from a credit reporting agency for the purposes of lending and not a credit report cosmetically changed for consumer consumption. If […]
According to the CFPB, the CARD Act helped to reduce fees and make credit card terms easier to understand
According to the CFPB, the CARD Act helped to reduce fees and make credit card terms easier to understand Credit Cards by John Ulzheimer Share Share Email I’m no fan of the CARD Act, and I think I’ve made that clear. It treats adults like children and assumes that we need to be protected from […]
How Does Tax Fraud Happen?
How Does Tax Fraud Happen? Credit Cards by John Ulzheimer Share Share Email An audit of the Internal Revenue service regarding fraudulent tax returns was requested by U.S. Senator Bill Nelson, a Democrat from Florida. The investigation was conducted by the Treasury Department’s Inspector General, J. Russell George. According to this investigation, more than $5 […]