Thursday, January 18, 2007

Learn How To Read Your Credit Report

By Roy Chan

Credit reports are much easier to read now than in the past, because years of pressure from consumer advocates and regulators led to significant changes in the credit- reporting industry. The rise of identity theft was a key consideration for lawmakers when Congress wrote the Fair and Accurate Credit Transactions Act of 2003, which amends the Fair Credit Reporting Act. During that process, consumer advocates and others called attention to the growing importance of consumers understanding how the credit system works.

These days, bad marks on your credit report can determine whether you land the job you're applying for, how much you pay for auto and homeowners insurance, and your credit card interest rate, plus whether you have to pay your utility or cell phone company a deposit.

But, despite tougher laws, including free reports for consumers, centralized fraud reporting, and more pressure on creditors to respond to consumers' complaints, the credit-reporting industry is still, to a large degree, a black box, and credit reports are not nearly as clear and understandable as they could be. Consumers still get confused.

You should focus on identifying what's bad on your reports and the information you'll need for planning your repair effort. There are many different styles and formats of credit report, but most of them derive from one of the three super-bureaus that supplied the information being reported. Each of the three main credit bureaus uses a different format, plus each bureau's format varies depending on whether you request the report online or order it by phone or mail.

On top of that, regional credit bureaus, from which mortgage lenders and others often buy reports, use their own unique format to list your credit information. The instructions are organized around identifying the basic information you need for repairing bad credit:

1. Credit name (and type of creditor)
2. Account number
3. Status
4. Lateness patterns

Some of the information, such as your name and address, won't be new to you, but it's useful to know what the credit bureau has listed anyway. Tiny mistakes in any of the most mundane information can affect your credit rating, especially if it means you've been confused with someone else with a similar name.

Also, each credit bureau offers information on its web site on how to read credit reports and how to submit a dispute, and also will mail you that information if you request your report by mail. When communicating with the credit bureaus, be sure to include the credit report number at the top of your report. Experian calls it the "report number," TransUnion says "file number," and Equifax refers to it as a "confirmation number."

Download your free "Good Credit Is Simple" Visit this url today: http://www.good-credit-is-simple.com

4 comments:

jjb998 said...

hello I like your blog Can you link? Please visit my blog aboutmake big money.Very happy to know our friends like tomake money

ALEISH said...

Great post!

Just want to share this article, What You Need To Know About Credit Reporting Agencies .

Hope this resource be useful to your blog and your readers.

Deep Thapa said...

internet credit reports internet credit reports online credit history web credit report full credit report instant credit report online credit report credit reports credit report online credit reports online credit score free credit report free credit reports online credit report online credit reports credit history online internet credit report internet credit reports online credit history web credit report check credit credit check free credit score instant credit report online credit check check credit history free credit history get credit report credit check online all credit reports consumer credit report credit bureau report credit rating credit repair credit report score credit reporting full credit report check credit rating 3 credit reports credit history equifax credit report experian credit report fix credit report free credit reporting instant credit report online trans union credit report internet credit reports online credit history web credit report full credit report instant credit report online free credit reporting all credit reports credit history online check credit history internet credit report credit report credit report credit report credit report credit report credit report credit report credit report credit report credit reports credit reports credit reports credit reports credit reports credit reports credit reports credit reports credit reports credit report online credit report online credit report online credit report online credit report online credit report online credit report online credit report online credit report online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit score credit score credit score credit score credit score online credit history online credit history internet credit reports web credit report free credit reporting check credit history online credit history internet credit reports web credit report free credit reporting check credit history full credit report all credit reports check credit rating instant credit report online internet credit report credit history online free credit history fix credit report online credit check credit check online get credit report 3 credit reports trans union credit report credit bureau report consumer credit report instant credit report equifax credit report online credit reports credit reports online experian credit report credit report score free credit score free credit reports credit report online check credit credit history online credit report credit check credit reporting credit rating free credit report credit repair credit score credit reports credit report credit score credit score credit score credit score free credit report free credit report free credit report free credit report free credit report free credit report free credit report free credit report free credit report free credit reports free credit reports free credit reports free credit reports free credit reports free credit reports free credit reports free credit reports free credit reports online credit report online credit report online credit report online credit report online credit report online credit report online credit report online credit report online credit report online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports credit history online credit history online credit history online credit history online credit history online credit history online credit history online credit history online credit history online internet credit report internet credit report internet credit report internet credit report internet credit report internet credit report internet credit report internet credit report internet credit report internet credit reports internet credit reports internet credit reports internet credit reports internet credit reports internet credit reports internet credit reports internet credit reports internet credit reports online credit history online credit history online credit history online credit history online credit history online credit history online credit history online credit history online credit history web credit report web credit report web credit report web credit report web credit report web credit report web credit report web credit report web credit report check credit check credit check credit check credit check credit check credit check credit check credit check credit credit check credit check credit check credit check credit check credit check credit check credit check credit check free credit score free credit score free credit score free credit score free credit score free credit score free credit score free credit score free credit score instant credit report instant credit report instant credit report instant credit report instant credit report instant credit report instant credit report instant credit report instant credit report online credit check online credit check online credit check online credit check online credit check online credit check online credit check online credit check online credit check check credit history check credit history check credit history check credit history check credit history check credit history check credit history check credit history check credit history free credit history free credit history free credit history free credit history free credit history free credit history free credit history free credit history free credit history get credit report get credit report get credit report get credit report get credit report get credit report get credit report get credit report get credit report credit check online credit check online credit check online credit check online credit check online credit check online credit check online credit check online credit check online all credit reports all credit reports all credit reports all credit reports all credit reports all credit reports all credit reports all credit reports all credit reports consumer credit report consumer credit report consumer credit report consumer credit report consumer credit report consumer credit report consumer credit report consumer credit report consumer credit report credit bureau report credit bureau report credit bureau report credit bureau report credit bureau report credit bureau report credit bureau report credit bureau report credit bureau report credit rating credit rating credit rating credit rating credit rating credit rating credit rating credit rating credit rating credit repair credit repair credit repair credit repair credit repair credit repair credit repair credit repair credit repair credit report score credit report score credit report score credit report score credit report score credit report score credit report score credit report score credit report score credit reporting credit reporting credit reporting credit reporting credit reporting credit reporting credit reporting credit reporting credit reporting full credit report full credit report full credit report full credit report full credit report full credit report full credit report full credit report full credit report check credit rating check credit rating check credit rating check credit rating check credit rating check credit rating check credit rating check credit rating check credit rating 3 credit reports 3 credit reports 3 credit reports 3 credit reports 3 credit reports 3 credit reports 3 credit reports 3 credit reports 3 credit reports credit history credit history credit history credit history credit history credit history credit history credit history credit history equifax credit report equifax credit report equifax credit report equifax credit report equifax credit report equifax credit report equifax credit report equifax credit report equifax credit report experian credit report experian credit report experian credit report experian credit report experian credit report experian credit report experian credit report experian credit report experian credit report fix credit report fix credit report fix credit report fix credit report fix credit report fix credit report fix credit report fix credit report fix credit report free credit reporting free credit reporting free credit reporting free credit reporting free credit reporting free credit reporting free credit reporting free credit reporting free credit reporting instant credit report online instant credit report online instant credit report online instant credit report online instant credit report online instant credit report online instant credit report online instant credit report online instant credit report online trans union credit report trans union credit report trans union credit report trans union credit report trans union credit report trans union credit report trans union credit report trans union credit report trans union credit report online credit history online credit history web credit report internet credit reports internet credit report free credit reporting credit report credit reports credit report online credit reports online credit score free credit report free credit reports online credit report online credit reports credit history online internet credit report internet credit reports online credit history web credit report check credit credit check free credit score instant credit report online credit check check credit history free credit history get credit report credit check online all credit reports consumer credit report credit bureau report credit rating credit repair credit report score credit reporting full credit report check credit rating 3 credit reports credit history equifax credit report experian credit report fix credit report free credit reporting instant credit report online trans union credit report

Deep Thapa said...

internet credit reports internet credit reports online credit history web credit report full credit report instant credit report online credit report credit reports credit report online credit reports online credit score free credit report free credit reports online credit report online credit reports credit history online internet credit report internet credit reports online credit history web credit report check credit credit check free credit score instant credit report online credit check check credit history free credit history get credit report credit check online all credit reports consumer credit report credit bureau report credit rating credit repair credit report score credit reporting full credit report check credit rating 3 credit reports credit history equifax credit report experian credit report fix credit report free credit reporting instant credit report online trans union credit report internet credit reports online credit history web credit report full credit report instant credit report online free credit reporting all credit reports credit history online check credit history internet credit report credit report credit report credit report credit report credit report credit report credit report credit report credit report credit reports credit reports credit reports credit reports credit reports credit reports credit reports credit reports credit reports credit report online credit report online credit report online credit report online credit report online credit report online credit report online credit report online credit report online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit score credit score credit score credit score credit score online credit history online credit history internet credit reports web credit report free credit reporting check credit history online credit history internet credit reports web credit report free credit reporting check credit history full credit report all credit reports check credit rating instant credit report online internet credit report credit history online free credit history fix credit report online credit check credit check online get credit report 3 credit reports trans union credit report credit bureau report consumer credit report instant credit report equifax credit report online credit reports credit reports online experian credit report credit report score free credit score free credit reports credit report online check credit credit history online credit report credit check credit reporting credit rating free credit report credit repair credit score credit reports credit report credit score credit score credit score credit score free credit report free credit report free credit report free credit report free credit report free credit report free credit report free credit report free credit report free credit reports free credit reports free credit reports free credit reports free credit reports free credit reports free credit reports free credit reports free credit reports online credit report online credit report online credit report online credit report online credit report online credit report online credit report online credit report online credit report online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports online credit reports credit history online credit history online credit history online credit history online credit history online credit history online credit history online credit history online credit history online internet credit report internet credit report internet credit report internet credit report internet credit report internet credit report internet credit report internet credit report internet credit report internet credit reports internet credit reports internet credit reports internet credit reports internet credit reports internet credit reports internet credit reports internet credit reports internet credit reports online credit history online credit history online credit history online credit history online credit history online credit history online credit history online credit history online credit history web credit report web credit report web credit report web credit report web credit report web credit report web credit report web credit report web credit report check credit check credit check credit check credit check credit check credit check credit check credit check credit credit check credit check credit check credit check credit check credit check credit check credit check credit check free credit score free credit score free credit score free credit score free credit score free credit score free credit score free credit score free credit score instant credit report instant credit report instant credit report instant credit report instant credit report instant credit report instant credit report instant credit report instant credit report online credit check online credit check online credit check online credit check online credit check online credit check online credit check online credit check online credit check check credit history check credit history check credit history check credit history check credit history check credit history check credit history check credit history check credit history free credit history free credit history free credit history free credit history free credit history free credit history free credit history free credit history free credit history get credit report get credit report get credit report get credit report get credit report get credit report get credit report get credit report get credit report credit check online credit check online credit check online credit check online credit check online credit check online credit check online credit check online credit check online all credit reports all credit reports all credit reports all credit reports all credit reports all credit reports all credit reports all credit reports all credit reports consumer credit report consumer credit report consumer credit report consumer credit report consumer credit report consumer credit report consumer credit report consumer credit report consumer credit report credit bureau report credit bureau report credit bureau report credit bureau report credit bureau report credit bureau report credit bureau report credit bureau report credit bureau report credit rating credit rating credit rating credit rating credit rating credit rating credit rating credit rating credit rating credit repair credit repair credit repair credit repair credit repair credit repair credit repair credit repair credit repair credit report score credit report score credit report score credit report score credit report score credit report score credit report score credit report score credit report score credit reporting credit reporting credit reporting credit reporting credit reporting credit reporting credit reporting credit reporting credit reporting full credit report full credit report full credit report full credit report full credit report full credit report full credit report full credit report full credit report check credit rating check credit rating check credit rating check credit rating check credit rating check credit rating check credit rating check credit rating check credit rating 3 credit reports 3 credit reports 3 credit reports 3 credit reports 3 credit reports 3 credit reports 3 credit reports 3 credit reports 3 credit reports credit history credit history credit history credit history credit history credit history credit history credit history credit history equifax credit report equifax credit report equifax credit report equifax credit report equifax credit report equifax credit report equifax credit report equifax credit report equifax credit report experian credit report experian credit report experian credit report experian credit report experian credit report experian credit report experian credit report experian credit report experian credit report fix credit report fix credit report fix credit report fix credit report fix credit report fix credit report fix credit report fix credit report fix credit report free credit reporting free credit reporting free credit reporting free credit reporting free credit reporting free credit reporting free credit reporting free credit reporting free credit reporting instant credit report online instant credit report online instant credit report online instant credit report online instant credit report online instant credit report online instant credit report online instant credit report online instant credit report online trans union credit report trans union credit report trans union credit report trans union credit report trans union credit report trans union credit report trans union credit report trans union credit report trans union credit report online credit history online credit history web credit report internet credit reports internet credit report free credit reporting credit report credit reports credit report online credit reports online credit score free credit report free credit reports online credit report online credit reports credit history online internet credit report internet credit reports online credit history web credit report check credit credit check free credit score instant credit report online credit check check credit history free credit history get credit report credit check online all credit reports consumer credit report credit bureau report credit rating credit repair credit report score credit reporting full credit report check credit rating 3 credit reports credit history equifax credit report experian credit report fix credit report free credit reporting instant credit report online trans union credit report