Are Short Sales Indicitive of Elevated Credit Risk?
Are Short Sales Indicitive of Elevated Credit Risk? Credit Monitoring by John Ulzheimer Share Share Email A short sale is when you sell your home for less than the amount of the mortgage. This results in a settlement for less than the full amount of the mortgage. The sale is reported on the credit report […]
6 Ways to Control Your Future Credit Score
6 Ways to Control Your Future Credit Score Credit Monitoring by David B. Coulter Share Share Email The information recorded in your credit report can make or break your next loan or credit card application. Taking a little time to examine and dispute your credit report errors can not only strengthen your acceptance odds, but […]
Who can legally access my credit reports?
Who can legally access my credit reports? Civil Penalty by John Ulzheimer Share Share Email Relax, not everyone can review your credit report. Only those with a legitimate business need can request it for reasons such as: for credit, a service, loan application, or employment. The requirements are set by the Fair Credit Reporting Act […]
Identity Theft In The Making – Stories From A Credit Bureau Insider
Identity Theft In The Making – Stories From A Credit Bureau Insider Identity Theft by Steve Reger Share Share Email Hello. My name is Steve Reger and I spent 26 years working for one of the three major credit bureau, TransUnion. During my lengthy tenure as their Direct of Consumer Services I experienced most everything […]
Did You Fall For Any of These Scams This Past Holiday Season?
Did You Fall For Any of These Scams This Past Holiday Season? Credit Monitoring by John Ulzheimer Share Share Email Did you have a jolly holiday? Were you on guard and aware of holiday scams? The thieves know this is the best time of year for them to prosper. You are probably not on your […]
Where is all that credit report data coming from?
Where is all that credit report data coming from? Credit Cards by John Ulzheimer Share Share Email The Consumer Financial Protection Bureau’s (CFPB) Office of Deposits, Cash, Collections and Reporting Markets (DCCR) conducted a study of how consumer data is managed, which was released in December 2012. This included how data is compiled by the […]
What is a Credit Report Error?
What is a Credit Report Error? Credit Monitoring by John Ulzheimer Share Share Email Consumer advocates are constantly referring to credit reports as being riddled with errors. Industry representatives dismiss those assertions and suggest that credit reports have very few errors relative to the enormous amount of information they maintain. So, who has it right? […]
How Can I Protect My Child’s Personal Information at School?
How Can I Protect My Child’s Personal Information at School? Credit Monitoring by John Ulzheimer Share Share Email Back to school is an annual ritual that includes buying new notebooks, packing lunches, coordinating transportation, and filling out forms: registration forms, health forms, permission slips, and emergency contact forms, to name a few. For me, personally, […]
Credit Reporting Myths That Just Won’t Die
Credit Reporting Myths That Just Won’t Die Credit Monitoring by John Ulzheimer Share Share Email The Credit Bureaus Have Record of Your Income – This is a current myth based on a past truth. Your credit reports used to have your salary included but they were purged from credit reports almost two decades ago. Why […]
Does the FCRA Require Credit Card Issuers To Report To The Credit Bureaus?
Does the FCRA Require Credit Card Issuers To Report To The Credit Bureaus? Credit Cards by John Ulzheimer Share Share Email I received the following question from a twitter follower and fellow CrossFitter today. If you have a credit question for me please feel free to add them as a comment to any of my […]