Does Paying Off A Collection Remove It From My Credit Report?

Does Paying Off A Collection Remove It From My Credit Report? Bankruptcy by John Ulzheimer Share Share Email I recently received this question from a reader (paraphrased): Q: My husband has a $10 collection on two of his credit reports.  His FICO scores on those credit reports are over 100 points lower than his FICO […]

The Top 10 Consumer Complaints From 2011 Were…

The Top 10 Consumer Complaints From 2011 Were… Auto Loans by John Ulzheimer Share Share Email The Consumer Federation of America (CFA) recently released their “top ten” list of consumer complaints.  They surveyed 38 consumer agencies and asked them about the kinds of complaints they received in 2011. These agencies received approximately 290.000 complaints, and […]

Identity Theft In The Making – Stories From A Credit Bureau Insider, Part III

Identity Theft In The Making – Stories From A Credit Bureau Insider, Part III Identity Theft by Steve Reger Share Share Email Now back to my story.  John Consumer had called TransUnion and determined there were a number of accounts showing on his credit file which were not his.  TransUnion in response contacted the respective […]

Why Did I Get IRS Form 1099-C From My Credit Card Issuer?

Why Did I Get IRS Form 1099-C From My Credit Card Issuer? Credit Cards by John Ulzheimer Share Share Email I received my first 1099 for tax year 2012 last week.  And while the weather suggests “It’s beginning to look a lot like Christmas” it’s also a reminder that we’re only 3 months away from […]

How To Recover From Identity Theft (Yes, It’s Possible!)

How To Recover From Identity Theft (Yes, It’s Possible!) Credit Monitoring by David B. Coulter Share Share Email It’s been a while since it happened but it might as well have been yesterday. How long does it take to recover from identity theft? A fraudster got hold of your financial information and took your hard-earned […]

Can I Get An Authorized User Removed From My Credit Report?

Can I Get An Authorized User Removed From My Credit Report? Credit Cards by John Ulzheimer Share Share Email I’ve written often about the benefit of being an authorized user on a parent or loved one’s credit card as a strategy for building or rebuilding credit reports and credit scores. Despite what some pretend financial […]

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 […]

Why isn’t an account removed from my credit report after it is paid?

Why isn’t an account removed from my credit report after it is paid? Credit Cards by John Ulzheimer Share Share Email Your credit report includes both current and historical account information. Credit grantors want to make a lending decision based upon both historical and current payment behavior.  Historical information is an indication of how you […]

Excerpts From VantageScore’s Press Release Regarding Their 3.0 Credit Scoring Model

Excerpts From VantageScore’s Press Release Regarding Their 3.0 Credit Scoring Model Credit Report by John Ulzheimer Share Share Email STAMFORD, Conn, March 11, 2013 – VantageScore Solutions, the company behind the VantageScore® credit scoring model, announced today (actually it was yesterday) the unveiling of its newly constructed credit scoring model, VantageScore 3.0. The new model […]