What Does “Derogatory” Mean on Your Credit Report?

A derogatory mark can have a major impact on your credit report, and consequently, your credit score. Both of these are major considerations anytime you go to apply for a loan or credit card, so it’s important to understand what’s hurting your credit. While just about any negative item on your credit report is considered…

Who Can Pull My Credit Report?

Only certain persons and organizations are allowed by law to pull your credit for specific reasons. The rules that govern who can and cannot pull your credit are set forth in the Fair Credit Reporting Act (FCRA). However, these rules aren’t always followed and you may be surprised to find out that unauthorized creditors or…

The 623 Dispute Method – Disputing with the Original Creditor

When the conventional method of disputing an inaccuracy on your credit report fails to yield results, the 623 dispute method may be a viable alternative to getting erroneous or unconfirmed information removed from your report. The 623 dispute method is named after Section 623 of the Fair Credit Reporting Act. It allows you to dispute…

Statute of Limitations vs. the Reporting Period on Credit Items

When it comes to understanding your credit score and credit reporting, there are a lot of terms to remember. Because of this, sometimes it’s easy to get confused when it comes to knowing your rights and how to manage your credit repair efforts. Two of the most commonly confused concepts in credit repair and credit…

5 Sneaky Ways Credit Scores Can Impact Your Life

Some people assume they don’t need to worry about their credit score because they plan to live their lives debt-free. While it’s certainly possible to get through life without using credit, there are many “hidden” areas where credit scores play a dramatic role. Here are five ways that credit scores can impact your life even…

What You Should Know Before Dealing with AFNI Collections

If you have had the displeasure of dealing with AFNI Debt Collections, you may already know some of the aggressive, unfair, and even illegal techniques they employ to try and get your money. It may seem intimidating considering that the agency collects on behalf of large companies like Verizon, Comcast, and State Farm Insurance. Fortunately,…

How Credit Bureaus Investigate Disputes

When you have inaccurate items on your credit report, it’s important to dispute them, especially if they’re negative items that lower your score. It’s your responsibility and in your best interest to fix your credit history whenever you see a problem, and there are legal steps you can take to resolve most issues. Sometimes items…

Everything You Need to Know About Your FICO Credit Score

If you’ve ever tried to get a loan or applied for a credit card, you’ve likely heard the term “FICO score” mentioned on more than one occasion. However, if you’re just establishing your credit, or if you’ve never really paid attention to your credit in the past, understanding what the FICO is and what it…

Is Credit Repair Legal? Here are the Facts

For millions of Americans with poor credit, the idea of being able to fix their credit sounds almost too good to be true. You may wonder, “Is credit repair legal?” when you see credit repair companies advertising online or locally. And it’s no wonder – with so many scam artists out there, it can seem…

Does Checking Your Credit Hurt Your Credit Score?

Everyone knows how important your credit score is — from getting approved for a credit card to getting lower interest rates on loans. It’s important to keep your credit score up so you can get the best credit offers. Even if you don’t need to access that credit right now, you should be prepared for…