Credit Reports Galore

Guillermo T asked:


I just wanted to see if anyone can help me with some things on my report, and also throw some useful advice my way. I have had a membership with Experian so i try to stay on top of my report and i knwo thats the first step, but maybe i can get help with what certain things mean and if they help or hurt my score.
My “percentage of credit available” is 60.53%. (is that good, whats a good percentage and what does it mean).
I have 10 “Satisfactory accounts”
I have 0 “Now delinquent/derogatory accounts”
I have 3 “Was delinquent/derogatory accounts”
I have 0 “Public records”
I have 6 “number of inquiries”
$1559 in “revolving debt”
$1081 in “installment debt”
$0 in “other debt” & collection debt”
$0 in “real estate debt”

Can i have a an explanation of these things, are they good, would i change some, add to them or take away from them.

PS-Do Online credit accounts, like PayPal and Bill Me Later report and reflect on your credit report like a Card, can they hurt my score.
My Credit “Plus” credit score is 639
My FICO score is 539

LUTHER

Britney S asked:


Are these available online?

ALVIN

Anna Josephs asked:


Looking for a free yearly credit report? Many companies are selling credit repair secrets, credit repair “kits” and other information about credit issues because everyone wants good credit, many people have bad credit and most people do not know whom shall they contact and where to go for more information if they need help.

Credit report copy can be obtained from any or all of the three national credit reporting agencies that gather the information. If your installment debts consist entirely of amounts owed to large lenders—major credit card companies, banks, automobile manufacturers’ finance companies—chances are you only need to obtain a report from a single agency.

If you want a quick check of your credit report and score from just one of the three national credit bureaus you can get it but if you owe money or have recently paid off credit obligations to smaller creditors you should obtain credit reports from all three companies. The reason, said Storm, is that “creditors pay money to the reporting agencies to list your credit information. Most large companies report to all three agencies, but smaller companies may only report to one or two of them.”

One of the credit repair secrets that companies are selling is information about obtaining your credit report. You are entitled to a yearly free copy of your credit report. If you want to attempt to repair credit issues, obtaining your credit report is the first step.

It is a good idea to review the information on your credit reports on a regular basis even if you have excellent credit. A recent law has made it easier. You can view and print copies of your credit.

Anna Josephs is a freelance journalist having experience of many years writing articles and news releases on various topics such as pet health, automobile and social issues. She also has great interest in poetry and paintings, hence she likes to write on these subjects as well. Currently writing for this website Free Yearly Credit Report

. For more details please contact at annajosephs@gmail.com



BRET

Adam W asked:


3 years ago I broke a bone and, like the smart, responsible guy I am, I wracked up a lot of hospital bills which I neglected to pay. I thought I had paid them all off finally, until the other day I was going through some old papers, and I found a bill for $558. I didn’t remember paying it so I got online and checked my free annual credit report, to find that it was listed on the report from Experian.com but not on Equifax.com. That makes 3 negative items on my credit report, 1 of which is paid off, and the other is being disputed.. (Never name your child after yourself, it’s just bad news)

Basically what I’m getting at is I’m older now and trying to rebuild my credit and this is just another count against me. I’m getting it taken care of right away but it’s still going to hurt my nonexistent credit. Is it possible for them to take the item off of my report if I ask nicely or something? I’ve had a very difficult time building credit because I have no credit to get any.

Advice?

JON