Jim Banks asked: Your credit score affects you in more ways than you realize. Your credit score will tell lenders how likely you are going to pay your bills. As such, the credit score becomes their basis whether they should approve your credit application or not. The exact formulas for calculating credit scores are closely [...]
Zach Ford asked: Because of recent laws passed by the Federal Trade Commission, all major credit reporting agencies in the United States, including Equifax, TransUnion, Experian (formerly TRW), are required to provide consumers (that’s you!) with a totally free copy of their credit reports, if requested, up to once every 12 months. This means that [...]
andy g asked: I received an offer of credit form them and wondered if they report to the major credit agencies (i.e., Transunion, Experian, Equifax). I noticed their prices are a little high, but it may be worth it if I could build credit. Thanks!Glenda
legend4real asked: Its long but well worth the read, it’s very informative. Equifax, Experian and Transunion have begun limited marketing of a new consumer credit scoring algorithm to Risk Based Lenders. According to David Rubinger of Equifax, the planned nationwide rollout to Risk Based Lenders is scheduled for July, and will be followed, approximately 9 [...]
Jay Delgado asked: You have the right to obtain one free credit report a year from each of the major credit reporting agencies: Equifax, Experian and TransUnion. Reviewing your free credit reports each year can be extremely beneficial when it comes to protecting and improving your credit standing. If you have not taken advantage of [...]