There really isn't a actuall need for any of them. Its all about money and competition. If there were only one then they could (and would) charge whatever they wanted. Its just like any other business.
Absolutly - they must by law do so. All you need to do is request a copy of your credit report from the three major credit bureaus, and contact information will be provided for each creditor.
This is a serious endeavor that require you to engage in a business relationship with one or all of the 3 credit agencies. It is not designed for an individual to report a single account. The laws surrounding credit reporting are far to vast for the average person to process. If you own a company and will need to set up a reporting relationship I suggest you visit the websites for: Equifax Experian Transunion
Usually not, they had t6heir shot and dropped the ball. However, you have to remember that the credit card companies pay the bills at the credit reporting agencies. There are a lot of shenanigans that go on. You need to visit www.ftc.gov and review a copy of the Fair Credit Reporting Act.
reporting credit delinquenciesI am a landlord. My tenant is seriously in default of her lease and is in arrears in excess of $5,500. and refuses to pay. How can I report her to the credit agencies?-----------------You will need to take her to court (small claims court) and get a judgment against her. The judgment is a legal action against her and will show up on her credit report.
You need to report the situation to your credit card company, who will work with the authorities on returning your stolen identity.
The correct response is C. Reporting a crime of identity theft to yourself would be of little help. You should contact your credit card company, at least one of the three major credit reporting agencies. You will often need to file a police report as well.
Absolutly - they must by law do so. All you need to do is request a copy of your credit report from the three major credit bureaus, and contact information will be provided for each creditor.
Get a copy of all three credit reports, then dispute them. The credit reporting agencies will contact the creditors to verify. If the collection agencies do not report the items paid, you will need to contact the collection agencies individually, and provide them with proof of payment. Do this by certified mail, with a letter advising them to correct the records within 30 days. If they do not, you may have recourse thru the FTC under the Fair Credit Reporting Act.
There are three main ones and about 15 others: Beware some of these are scams. Stick with the three main ones, companies that are are foolish enough to not you don't need to be having check your credit. In the United States there are three main credit reporting bureaus. The major bureaus are for reportiong credit are Experian, Equifax and Transunion.
This is a serious endeavor that require you to engage in a business relationship with one or all of the 3 credit agencies. It is not designed for an individual to report a single account. The laws surrounding credit reporting are far to vast for the average person to process. If you own a company and will need to set up a reporting relationship I suggest you visit the websites for: Equifax Experian Transunion
Yes, you need to dispute this with the three major credit reporting agencies. PLEASE PLEASE PLEASE always save your paperwork for things like this. A little bit of diligence goes a long way. Send them a letter stating that you dispute it. Send whatever evidence that you have along with it. Usually judgments stay on your credit report from anywhere from 7-20 years. In this case you need to dispute it, after you send them the dispute with your evidence the three credit reporting agencies will go over your credit history and hopefully it will be removed. Good luck to you.
Collection agencies cannot restore your credit rating, all they can do is report if the debt was paid, or if a settlement was agreed upon. The credit reporting agencies are who you need to contact in order to get your credit rating restored, such as Experian and Equifax.
Yes, a bank loan will show up on your credit report if the bank you borrowed money from reports to the credit agencies (practically all of them do). If you need help cleaning up your credit go to http://www.creditscoresystems.com for free sample letters you can use to send creditors and credit reporting agencies.
In order to obtain free credit reports from the three nationwide credit reporting companies in the UK you would need to sign up to a trial with them online. The 3 companies are Experian, Equifax and Callcredit. You need to make sure you cancel your membership after the free trial if you do not wish to pay any money.
Usually not, they had t6heir shot and dropped the ball. However, you have to remember that the credit card companies pay the bills at the credit reporting agencies. There are a lot of shenanigans that go on. You need to visit www.ftc.gov and review a copy of the Fair Credit Reporting Act.
You can get a free credit report from all three reporting agencies once a year. Just go to annualcreditreport.com and you can get them without any obligation. Don't assume that they all say the same thing. Not all credit companies report to all three agencies. You need to look over your reports for any false statements. If you are looking to improve bad credit, it would be best to request one report at a time. Space your requests apart by three or four months to see if there shows any improvement. Initially, get all three to check for accuracy.
You probably will need to follow up with the three reporting agencies to be sure the paid notation shows up. The foreclosure notice and late payments will stay on the record for several years. Obtain a paid letter from the lender and send copies to each of the credit reporting agencies--it still will take some time, but your action will help move things in the right direction.