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Dispute Equifax

December 5th, 2007 by Shenron

If something is ever wrong with your credit report, then you need to exercise the ability to dispute Equifax. Credit is a very important thing.  It can affect your ability to buy a car, a home, or many different items.  Equifax is one of the 3 major consumer reporting agencies that track your credit whether good or bad.  Sometimes, errors can occur on your credit report and you will have to dispute Equifax.  This can be due to a number of things.  A bill you paid might not be reflected, you may have a negative credit account that doesn’t really belong to you, or you might need to add some positive credit accounts that aren’t showing up.
To dispute Equifax, you can use a few different methods.  You can send in all of your information with a simple mailed letter or you could opt to do it all online.  Many people prefer to do it the old fashioned way and send in copies of your Equifax credit report with the errors highlighted.  In addition to the credit report, all bills and documents relating to the error should be copied and sent in with a letter explaining the error and the situation surrounding it. This is a reliable way to go about correcting errors if you are organized enough to keep up with these things. Otherwise, another option might work best for you. If your name is John Smith and you have a negative account in a state you have never lived in, you would provide proof that you haven’t lived in that state.  This will help the investigators close the case very quickly.  If you choose to dispute Equifax online, the Equifax website will walk you through everything you need to do and explain everything very clearly. You should expect a 30-45 day wait as everything is investigated but the time varies depending on the complexity of your dispute.
One of the most common disputes with Equifax is when an account shows up as unpaid even though you have paid it.  This can be frustrating so you should take the time to file all of your bills in an orderly fashion. You can attach payment stubs, checks, or money order receipts along with the bills. No credit is just as bad as bad credit in many cases so you can also submit your positive credit accounts that Equifax may have missed.  Basically anything that is on your credit report and shouldn’t be is a serious cause for concern. On the flip side of that, anything that isn’t on your credit report and should be is another major cause for dispute.
Even if you resolve your dispute with Equifax, you may have to do the same thing for the other 2 major consumer reporting agencies.  Sometimes Equifax will report it for you but to be safe, you might as well do it yourself.  You will get a copy of the findings from Equifax along with the results.  If these results improve your credit or remove a negative account, you should send them to all the other agencies immediately. These will help to expedite the process and get the ball rolling on fixing your situation.
It can be a stressful process when you dispute Equifax or any other company so you should be prepared for what is ahead of you.  If you take your time and don’t get frustrated, you can easily accomplish whatever you have set out to do.  The investigators at Equifax are there to find out the truth and will almost always work with you and keep you updated.

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Dispute Transunion

December 5th, 2007 by Shenron

Your credit report is a very important thing.  Housing, employment, and purchases can rely heavily on your credit rating.  If you have any inaccuracies in your credit report, it could severely affect you.  If an error does occur and you notice it right away, you may need to dispute Transunion.  Transunion is a consumer reporting agency that provides your credit information to many different areas.  Occasionally they make a mistake and that ends up on your credit report.  This can happen in a number of different ways such as if someone has your same name and middle initial, you pay a bill but it doesn’t show up for some reason, or a good credit account is absent from your credit report.
If you decide to dispute Transunion, you can choose to send everything and contact them by mail, online, or by phone.  The easiest way is to use standard mail as it allows you to send in copies of your credit report, bills, and other important documents that will help clear up the situation.  While disputing Transunion, you should keep a folder for your important documents or use a filing cabinet so you can easily access everything you need.  When you send in your information, you will need to include a letter that describes the error in detail and why exactly it is an error.  If you have a negative account shown on your report that you have paid in full, include the receipt or a current statement that shows you have paid it off.
When you dispute Transunion you should expect to hear them within a few days.  They are pretty friendly and the investigators do a thorough job in sorting everything out for you.  The total time to investigate and change your credit report could be as long as 45 days depending on the complexity of the error and the availability of paperwork.  This is why sending copies of everything you have to them is so important; it can greatly increase the speed at which your credit report is fixed. In the end, getting the process completed quickly is one of the most important things that you can do in order to protect your credit in the long term.
A common error is the lack of accounts on a credit report.  When you are first trying to build your credit, every account matters.  If you get a copy of your credit report and it says nothing, it can be as bad as bad credit.  You can dispute Transunion to include your good standing accounts and it can greatly increase your credit rating.  This is the easiest dispute you can do.  It takes only a couple of weeks and for those with no credit this can make a world of difference. This can help show those credit companies that you have track record and overall ability to become a responsible user of credit.
Your credit score plays a crucial role in life these days and nobody can afford to have mistakes on their credit report.  Just one error could mean the difference between getting a great mortgage and a terribly inflated mortgage.  You should check your credit report from Transunion and the other major consumer reporting companies every 6-12 months to ensure everything is in proper order and no mistakes are there. If you fail to do this, then you are risking very serious damage to your credit report. It could happen that fallacies within your report, whatever they might be, could keep you from finding a wonderful rate on your mortgage loan or qualifying for a personal loan.

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Dispute Experian

November 19th, 2007 by Shenron

Many people check their credit every year and discover that they have a reason to dispute Experian or one of the other reporting agencies. Some of them don’t know what to do about it, though. One of the three major consumer reporting agencies is Experian. Occasionally, you will find something on your credit report that is an error or that you have already paid off. This is a good reason to dispute Experian and have them remove that particular item. This will continue to negatively affect your credit rating until it is removed. Disputing a consumer reporting agency isn’t very difficult if you have all of your paperwork in order. You will need to be able to contact all three of the major agencies as if you remove something from Experian, you need it removed from the other two as well.

The first step in disputing Experian is to find out what the problem is. The easiest way to do this is to send them a copy of the report you have from them. You will need to highlight the errors and write a letter telling them what exactly is wrong. Maybe you already paid that particular bill, or maybe it isn’t even your bill in the first place. You should include a letter explaining everything in great detail and also send in copies of all bills relating to that error. Something you should do is send everything to Experian certified mail and request a copy of the receipt when they get it. This will make it easier if they say they haven’t received your letter of dispute. If you have negative accounts on your credit report that don’t even belong to you, these are very easy to get rid of. Many people have the same first and last name so by providing proof that you are not responsible for a bill, the matter can be cleared up very easily.

Then you dispute Experian, they have 30 days to review your dispute and make any necessary changes, it usually doesn’t take this long and you can check your progress whenever you like. Experian is required to send all the corrected information to the other major consumer reporting agencies but it is a great idea to send that information to them yourself also. When it comes to credit, it’s a good idea to have all of your bases well covered. If not, you could find yourself in a sticky situation where it’s difficult to make things better.

Occasionally, you may have to dispute Experian by having them add accounts. If you have had outstanding credit with your local credit union but for some reason it isn’t showing up on your credit report that could seriously affect your credit rating. Everyone will find your late payments but it couldn’t hurt to ensure your positive payments are out there also. This can be very important for people just beginning in the credit world. Having no credit can be just as bad as having bad credit. In the end, they both put you in a situation where it is difficult to get a good interest rate on loans or get approved for a simple line of credit.

Disputing Experian or any other consumer agency is an easy but time consuming process. A special file or place to keep all of your credit related paperwork and bills make this process a lot easier. Most people who work for Experian are understanding when there is an error and they will do their best to help you out. It is up to you to take advantage of this and make sure that things are rectified.

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TransUnion

November 11th, 2007 by Shenron

TransUnion is one of the three major credit report agencies. That is not all they are, they also provide a number of services both for personal credit salutation and professional to make sure you can make the most out of your credit report. TransUnion was founded in 1968 and currently is headquartered in Chicago. They provide solutions to in excess of fifty thousand businesses across the globe. This company also maintains the credit histories for more than 500 million consumers worldwide.

TransUnion

The company was founded on the values of honesty, experience, and relationships which has served it and its employees in becoming a global leader in both credit and information management. Over time, the company has seen growth in many different areas and has risen to national prominence in the financial realm.

TransUnion can help you by giving you unlimited access to your credit reports and scores, twenty-four hour notification of critical changes to your report as well as assistance with credit disputes, fraud and identity theft. They also offer a wealth of educational resources so that you can know more about your credit both as a business and as a person. The commitment to educating consumers is something a little bit new for the website. That is a service that the company hopes to continue in an effort to genuinely help people and keep them from falling into common financial holes.

TransUnion business solutions cover a wide variety of areas. Marketing services help you to make the most of your marketing efforts by helping you to reach the right customers and prospects with the right offers. Fraud and Identity management helps you to protect both yourself and your customers. Risk management services help you make informed decisions about available opportunities while keeping your risk at a minimum. They also provide collections management to help improve your collection rate by prioritizing accounts and locating customers.

TransUnion can even help your business with healthcare, insurance, real estate, and communications, both cable and broadband. One of the biggest things about staying on top of the market is knowing what your customers need and TransUnion can help. They are always up to date with the latest consumer needs. Since these can change almost instantly, it’s important to have a strong sense of what your customer base is looking for and what sort of things can help them.

Whether you are a person or business knowing about credit and keeping up to date is important. The Credit resource center provides the FACT act and free credit report disclosures, a free monthly newsletter with all the updates and a credit learning center, that provides information on credit repair, a credit score simulator and ways to resolve issues with your credit and manage your finances.

Managing credit can be a daunting task on a personal or business level, so it is important to have someone you know you can trust. With more than thirty years of experience, fifty thousand businesses, and more than 500 million consumers, as well as being a leader in the global market you know you can trust this company to see to your needs.
Keeping track of what goes on in your credit report is one of the first steps to proper financial management and making sure that you can get the most out of your credit. These services can provide you with fast alerts to changes in your credit report as well as allow you to dispute any issues quickly to minimize impact.
You also have the ability to check not just the credit information reported to TransUnion but also the other agencies as well giving you a look at the big picture.

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Free Experian Credit Report

November 6th, 2007 by Shenron

In this day and age, you must spend some time on your credit history and obtaining a free Experian credit report is a good way to start. Many people have no idea what their credit history can do to them and if you do not ever look at your credit report, you will never know if someone has stolen your identity until it is too late. Viewing your credit report for these inaccuracies is very important so that you are not held accountable. You should know first of all that under federal law, you are entitled to a free credit report per year from one of the three credit report agencies which are Experian, Transunion, and Equifax. You can also obtain a free Experian credit report by subscribing to Experian’s services for only $12.95 per month. This is quite a value considering the long term costs of having someone steal your identity and use it for deceitful purposes.

Credit Report

To obtain the free Experian credit report that you are guaranteed under federal law, you will need to visit www.annualcreditreport.com. Here you will select your state of residence and then you’ll be directed to a page where you’ll need to give personal information such as name, address, social security number, etc. Once you have done that, you will need to select which credit reporting agencies you would like to generate your free report. When you select Experian, you’ll be directed to their site and your shopping cart. Your shopping cart will say “free” and then you’ll proceed from there. You can view your report then or you can choose to print your report so that you can analyze it and then dispute any false claims or just clean it up by closing unused accounts. Doing this will save you a huge headache in the future and also help to improve your credit score over the long haul.

The free Experian credit report that is available directly from Experian can be claimed by signing up for their Triple Advantage service. This service includes daily credit monitoring of all three credit reporting agencies, email alerts if there is a drastic change in your credit history, $25,000 identity theft insurance, fraud resolution services, and a 30-day free trail. In addition to these things you can view your credit report anytime you wish which helps keep you informed about your credit score. Also, when you sign up for the free Experian credit report and Triple Advantage, you will receive a credit score. Credit scores typically do not appear on the credit report and can range from 0-800. Zero is the worst credit score you could have and therefore obtaining the score is a vital piece of maintaining your credit. All of these services are not only vital to maintaining a good credit score but also in protecting yourself against identity theft. With that becoming such a big problem in America today, you have to keep your eye out for problems.

Having good credit is a vital piece of your life. Poor credit can keep you from buying a house, car, or even getting the job of your dreams. Maybe you are living a good life now by making good financial decisions, but past mistakes can bring down your score. Obtaining a free Experian credit report is vital to maintain or even improve your present financial status. By cleaning it up and maintaining it much like you maintain your bank account you will ensure that you have the best credit possible. Good credit can benefit you down the road, as you will be able to obtain good interest rates and high limits for credit lines.

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