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Many different companies offer a truly free credit report. Some examples of these companies include Privacy Sense, Annual Credit Report, and Dave Ramsey.
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How do I get false accounts off my credit?
False accounts, otherwise called "Mixed Files", get put on to a person's credit report due to the search engine algorithm that is used by the credit bureaus to ensure everything belonging to that person is in the credit report. The requirement for something to be connected with your name and file are set very low. You need to send a dispute letter to the bureaus explaining that this is not your account and you want it removed. Unfortunately, you may need to send more letters since the bureaus are not really anxious to remove this from their files and the creditor or collection companies just want it reporting and conduct a poor investigation, (if they truly investigate it at all). This is why a good credit repair company can be more effective in getting things removed. As a credit repair company we go after them very aggressively, and, if necessary, turn the matter over to attorneys specializing in this part of the law.
Does having a saving account help with your credit score?
Unfortunately, no. Credit scores were developed to make it easier for creditors to review how a person handled other credit obligations in the past before extending credit themselves. It really just takes debts into consideration (including public records of judgments). the only time a deposit account may show on your credit report is if it has an overdraft feature that allows you to "borrow" a small amount of money to cover checks that may overdraw your account. That debt history may show on your credit report.Fortunately, the credit score is typically only one piece of information a creditor uses to decide whether to extend credit to someone. Depending on the what type of financing you're trying to get, the application for that credit will ask about assets and that's where you would list your savings account. Demonstrating a history of savings is looked on favorably by most creditors.How the credit score we see is calculated is proprietary so no one outside of the credit bureaus themselves knows exactly how the credit score is impacted by the information contained in a credit report. Having said that, we do know some basic information about certain activities and their impact on credit scores. I've listed below some of the generally accepted influences and, because I've been in banking since before there were credit scores (sigh), I can attest to the accuracy of the info.Payment History: Big Impact. Paying debt on time has a positive impact. Late payments, judgments and charge-offs have a negative impact. Missing a high dollar amount payment may have a bigger negative impact than missing a low dollar amount payment. Late payments that have occurred in the last 2 years carry more weight than older items. Every month that passes since the last late payment diminishes that late payments negative impact on the credit score.Outstanding Credit Balances: Big Impact (and appears to be getting bigger). This is a calculation of how much you could borrow as compared to how much you have borrowed. For example if a credit card company issues me a credit card with an available balance of $1,000 and I charge $900 and keep that balance out there month after month that can be seen as living to close to the edge and will have a negative impact. (Remember, it seems that credit card companies only want to lend to people who don't need it :)) If I have that same credit card and only charge $250 I am demonstrating good use of credit in the credit bureaus eyes and that will have no negative impact. This part of the credit scoring model can impact us in 2 ways: Individual credit lines (that credit card of $1,000 I just mentioned) and a total of all my credit card balances as compared to my available credit. It's been suggested, and it makes sense, that credit card balances shouldn't really exceed 30% of available credit on any one card or in total.Credit History: Smaller impact. How long I have established credit (time since I've opened a credit card for example) gives a creditor a feel for how I have managed credit over time. If I have a credit card for 5 years and have made payments on time that looks better than a card opened only for 5 months. I usually council clients to keep cards open and charge on them occasionally just to keep them active (as long as they don't carry annual fees) to keep their credit history length accurate but I'm not sure that this has a really big impact.Type of Credit: Small impact. A mix of auto loans, credit cards, and mortgages is more positive than a concentration of debt from credit cards only. Like most of these factors it's pretty much common sense, wouldn't you agree?Inquiries: Small impact. This quantifies the number of inquiries that have been made on our credit history within a six-month period. Each "hard" inquiry (we have physically given a creditor permission to pull our credit report) can cost from 2 to 50 points on a credit score, but we've been told that the maximum number of inquiries that will reduce the score is 10.In all, it's best to look at our credit report from the creditors point of view and ask "Would I lend money to this person?". If the answer is "no", then there are steps that can be taken to change that answer. The best place to start is to get a copy of the credit report. The only truly free copy comes from www.annualcreditreport.com. It does not include credit scores but, armed with the information above, you can make a fair assessment of what your score would look like. You can also get some good info from the federal government at www.mymoney.govI hope that helps but if you need more info, just ask!
Would accepting credit cards increase or decrease your bottom line?
AnswerWhen looking into accepting credit cards, remember that credit card transactions and credit card processing are a business in itself. The main goal of merchant account providers and credit card companies is to make money. This is a business that you are paying for. Therefore, it is important to evaluate whether the costs you pay for accepting credit cards are worth it in relation to the benefits it provides your business.The money your business pays for accepting credit cards is called ?interchange.? Interchange is ?the clearing and settlement system in which raw data is exchanged between the acquirer and the issuing bank.? Although you may be quoted one rate for this service, everything depends on how your account is set up before the rates you pay are actually determined. To receive the best rates possible, it is important to understand how the costs will affect your revenue.Evaluating the costs is the trickier part of the equation. The benefits that your business would derive from accepting credit are easier to identify. The one thing all customers seem to desire is more options. Accepting credit cards provides your customers another option for making payments, and they will be more willing to buy something because they don?t have to worry about having the actual money for it right now. Also, accepting credit gives you unlimited ability to reach new customers. Some customers prefer not to patronize a business in which they can?t use credit, so accepting credit will open you up to a whole new customer base.Most importantly, accepting credit will add tremendous profits to your bottom line. Profits generated from credit cards will keep your employees paid, allow you to pay for better healthcare for your employees, and offer better discounts and services to your customers.Therefore, you must evaluate the total cost of accepting credit cards (including all payments and fees) and weigh that against your customer base. After evaluating your customers, including what they buy, how much they spend, and what forms of payment they use; it will be easier for you to realize whether accepting credit cards would truly benefit your business.www.AcceptingCreditCards.info
What If you lose your chase gift card and you don't remember the cods for it to report it stolen?
I think you should either keep looking for it, or just get a new one. Most likely you either A. left in somewhere in your house/ purse or B. Accidentally threw it away. I really doubt that it was truly stolen.
In accounting why the reverse principle is not possible - debit the the giver and credit the receiver?
The best way to explain this is by example: Wells fargo Bank has your bank account. Your account is a liability for them since this is not truly their money and it is obligated to you the account holder......so when they increase your account, they post a credit to it. Because to increase their liabilities they have to credit it......and when you use your debit card and decrease your account then wells fargo debits your account to remove the money. For you as the account holder your checking account is your asset......so if you were tracking your accounting in a program.....and you wanted to show where you deposited money into your account in your system then you would post a debit to increase your cash account.
What can credit repair companies really get removed from credit report?
Go to yazing .com/deals/creditrepair/Wakil they are excellent in what that can get done also the costumer service I was truly amazed with there product. Get ready for the New You!!
Where can I find out my credit score history?
https://www.annualcreditreport.com/cra/index.jsp is the only truly free website to obtain your credit report. You may request a free report once a year.
What website offers a free annual credit report that doesn't require me to sign up for an extra service?
www.annualcreditreport.com is the only truly free credit report system offered, and it is sponsered by the federal government.
How can you fix your credit when you are broke?
By definition, you have 'bad credit' if you pay your debts late or fail to pay them altogether. Therefore, if you have bad credit due to debts, or late payments, and you have no money, there is no way for you to repair your bad credit. But sometimes bad credit can be due to errors on your credit report. If this is the case, obtain a copy of your credit report, notify the credit reporting agency of the errors, and they will check into their accuracy and remove them from your credit report if they find that they are indeed truly errors.
How do I get a free credit report?
Many states allow you to get a free, yearly credit report. To do this, you need to contact your local bank and request a copy. Most online sites have hidden charges and services that you have to sign up for so it isn't truly free.
What companies offer non profit credit repair?
Non profit credit repair companies include Sky Blue Credit Repair, Ovation Credit Services, The Credit People and Trinity Credit Services. Other companies that offer credit repair are Credit Nerds and Vitesse Financial.
Can a credit repair company really repair your credit?
Great question! The answer is yes. However, credit repair companies can only remove inaccurate and unverifiable information that is reporting on the report. Accurate and verifiable information cannot be legally removed. The goal of a credit repair company is to help improve your credit by removing the inaccurate, unverifiable, and obsolete items from the report that are not meeting the requirements outlined in the Fair Credit Reporting Act for them to continuously be reported.
How can someone check if their credit report is accurate?
A person is entitled to one free credit report each calendar year from all three major credit bureaus Experian, Equifax and Transunion. This report can be viewed online and one can check the information it contains for accuracy. If errors are found you can dispute items listed online or by sending a letter stating why the item is disputed and it will be investigated and removed if it is truly false..
What services does the company Repair my Credit Report do?
The 'Repair my Credit Report' company offers a variety of services. This company repairs the credit of it's clients for a fee. One could check their official website for information on pricing.
What does Holiday Homes offer that other companies similar to it do not?
Holiday Homes is a truly world wide company with a four different websites and companies. With one listing they offer you access to all four giving you a much better chance to find what you want at the lowest rate.
How do you repair credit report?
Two ways: 1 - Over time restore your credit by paying bills on time and maintain a good credit history. 2 - Hire a reputable credit repair company to help dispute errors, negatative or derogatory items off your credit report. My firm is a member of the BBB and for-profit company who is affiliated with a credit union and excellent customer service.
How much does counseling cost?
If seeking simply the credit counseling requirement needed to file for bankruptcy, some sites online offer the service for as little as $5. Yet professional and sincere credit help may cost you nothing. If an individual truly wants help reducing his or her debt, very many credit counseling firms are non-profit and offer such a service for free.
