Free credit information Boise

Charge Offs are debts that have been written off by banks and financial institutions as not recoverable, and are the worst type of record to have on your report. If these appear on your free credit record then it might be possible to agree a partial repayment with the bank in return for the free credit information Boise record being removed. Sometimes financial institutions will accept this deal if it is the only way they are going to get some of their money back. However, this does not always work since they will generally not be willing to discuss the matter with you. These records will also disappear after 7 years, so unless you have a pressing need for credit within 7 years of the default appearing on your record, you could wait and then check your credit report to make sure it has gone. Other uses for your credit report including ensuring that the debt is yours: it is not unknown for free credit information Boise the debt of another person to appear on your credit record. Somebody might have used your address to get credit, and it is the address that matters here, not the name. credit card report An adjunct to that is that if somebody free credit information Boise living in your home, such as a paying guest, has bad credit, then it will appear on your credit report.

In such free credit information Boise cases you have to inform the credit report agency that the person is not financially dependent on you, and demand that the record be removed. Under the Fair Credit Reporting Act (FCRA) you can challenge any entry in your free credit report if you feel it is inaccurate. The credit bureaus that hold your records must then request confirmation of the information from the original creditor, and if that has not been provided within 30 days then the record must be removed. free identity theft protection It is often not enough for the creditor simply to confirm the record, but to provide evidence that it is accurate. Your free credit report, then, is important to free credit information Boise you, but you have to know what to do with it.

However, be realistic and understand that perhaps only time can help your credit report. However, your credit score might be easier to improve, especially if you can get a loan such as a bad credit mortgage that, although you will be paying a higher interest rate, will do wonders for your credit score if you maintain your payments. The three major credit agencies are Experian, Equifax and Trans Union and you have the right to request any of them for a free credit report within 60 days of being refused credit, and also a free credit information Boise further free report every year. The free credit information Boise company refusing you credit must free credit information Boise inform you which agency they used. Published At: Isnare.com Free Articles Directory - http://www.isnare.com/Permanent Link: http://www.isnare.com/?aid=241140&ca=Finances DISCLAIMER: All information, content, and data in this article are sole opinions and/or findings of the individual user or organization that registered and submitted this article at Isnare.com without any fee. get online credit report

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