NoFuss Experian Methods Across The Usa

Being a victim of Identity theft can be the most unpleasant of ordeals. The credit companies and banks can be very sympathetic in the long term. However, in the short term, the victim is also looked upon with a level of suspicion. In most cases, banks and credit companies will have no option but to write off these debts run up through your account. They will not do so without a struggle. Because identity theft is such a calculated act, it is possible that some unscrupulous bank account or credit card holder staged their own case of fraud, in order to earn some instant cash.

Statistics show that identity card thefts do cost the banks and credit card companies as well as online and offline stores sums running into tens of billions of per year. So it’s understandable from the outset that the victim also becomes the suspect.

When the realization falls upon you that you have become a victim of identity theft, the first thing that you have to do is minimize damage. Don’t wait for anyone else to do this for you, set the wheels in motion to saving your creditworthiness.

For identity theft victims, fast detection is critical. According to the American Federal Trade Commission (FTC), credit card theft victims who were sufficiently vigilant to notice that something was afoot in their personal banking suffered less damage. They were able to freeze their bank account and credit cards sooner and in 90% of the cases, all forms of illegal trading dried up on the spot. Credit card companies, in any event, cannot charge their customers more than $50 on purchases made illegally through their account. In many cases, they are even prepared to waive even this token amount, in appreciation of their client’s alertness that probably saved them many thousands of dollars.

Despite that, cases have been reported where victims do act according to the book, do everything right and yet it still takes them years to handle and settle all the problems that have been forced on them by being unwitting victims of this cruel and humiliating form of theft. At one time, people said that housebreaking was the worst kind of theft, with the thought of people rummaging through your private property and stealing items often of irreplaceable sentimental value. However, there are those that say that identity theft is worse, as your identity has been taken from you and the complications that can be caused by it can cover every aspect of your life.

Prevention is the best from of cure in identity theft, and anyone who has involved in handling cases will tell you this till they are blue in the face! Banks, credit card companies, insurance companies, police authorities, the Federal Bureau of Investigation and the Federal Trade Commission will never stop emphasizing how important it is to them and to the consumer at large to prevent the spread of identity theft.

And the only totally effective of way of doing so is to instill deep into the consciousness of the consumer the importance of guarding their personal details. Never divulge them to people that you don’t know and trust. Never transmit details of your bank account numbers or credit card numbers to any internet web site that appears even remotely suspicious to you.

A Background In Convenient Advice Of Experian

Credit repair is quite often suggested as the panacea for the ailment of having bad credit. It is for holding bad or adverse credit that lenders and creditors perceive you with displeasure and shy away from providing you the loans you seek. However, you may be wondering about what bad credit means and why bad credit holders need credit repair. An explanation of the concept of credit report and credit scores and their relevance and an insight into the perception of lenders/creditors elucidates all this.

The credit history of an individual is considered to be an important factor which determines whether or not a loan application will be sanctioned. It is the credit report which presents records of your credit history, history of your finances, payments, total debts and bankruptcies. This is provided by the tri bureaus- the three national credit rating agencies of significance. There is an authorized online resource: which provides a free annual copy of your credit report as prepared by Experian, Equifax and Trans Union. The information in detail as revealed by your credit report is used to find out your credit score or FICO score. FICO is a composite numerical entity- a rating of Fair Isaac and Company. It reveals your credit worthiness.

Securing a low credit score (below average) calls for adoption of credit repair measures. The FICO scores usually range from 600 to 700 though the range of these scores is 300-900. Having a below average credit score will mean a score below 550. If you have high credit worthiness then your endeavors to secure loans will be welcomed by the lenders/creditors. They will perhaps even extend better rates and terms of loans. On the other hand low credit scores (below average) denote poor credit worthiness- the lenders will not deem you worthy enough for granting loans. This is when there is the need to make attempts to improve upon the credit position using credit repair measures.

Given the fact that nearly 80% of credit reports contain some kind of errors there needs to be carried out a verification drive. You need to look out for any errors, omissions, misinformation, misreporting or misinterpretation in your report. Upon detection of any, the concerned creditors etc. are to be notified. After corrective steps are taken by them you better inform the reporting agencies too for the rectifications to be incorporated in your credit report from then on. If there are no bad credit indications after corrections are duly made then you need not go for credit repair.Article Source: Uvios writes about on Who needs credit repair and why to visit :- credit repair info, credit repair business and credit repair canada

Simple Products Of Experian Around The Usa

Hitting the streets for a job can be tough considering all the interviews you’ll face, but do you know why do businesses run an employee’s credit report? To employers, a credit report reveals important information that might help you get the job.
<!– INFOLINKS_OFF –> <!– INFOLINKS_ON –>Credit reports contain such information as your full name, alias or maiden names you’ve had in the past, addresses where you’ve lived, your social security number, date of birth, and your employment history.
It also provides information on credit loans including credit cards, mortgages, auto loans, and if you are prompt in paying your credit obligations. Finally, a credit report will show any credit items that are in collection, delinquent or if you have any public liens, judgments or lawsuits against you.
Everyone should check know the importance of checking their credit report from time to time.
There are basically three credit reporting companies: TransUnion, Equifax, and Experian. You can obtain a copy of your credit report for free annually by visiting the Federal Trade Commission. Steer clear of companies and websites that say they will run your credit report for free but ask you to enroll in their credit-monitoring program for a fee.
When you’re applying for a job or have made it to the interview stage, you may wonder why businesses run an employee’s credit report and what does it say about you? There are a few reasons why employers use a credit report as a tool for hiring.


First, a credit report will reveal if you have used any aliases in the past. It also offers alerts for social security numbers and names that don’t match or appear fraudulent. When employers find serious alerts on a credit report, they can use this as decision-making process on whether to hire or not.
Employers take a look at your credit history and if you pay your monthly credit obligations on time. Why? Often, employers feel if you are responsible with your credit and keeping your credit in good standing, to them, it means you will be dedicated and committed as an employee.
Finally, because your credit report shows your employment history, an employer can utilize the information in the credit report on your employment and compare it to your resume or the job application your completed. This is to ensure you did work where you stated you have in the past.

Here are some basics you should keep in mind regarding credit reports:
The next time you wonder, why do businesses run an employee’s credit report, you’ll have a better understanding of how they use this as a hiring tool. A credit report that is free of alerts or much delinquency can sometimes make the difference in whether you get the job or not.

An Analysis Of Necessary Aspects For Experian

Big financial targets, no security to supply – it is the perfect circumstances to opt for financial help. On the internet lending ways have made these loans both accessible and full of innovative options. Unsecured financial loans have created a niche for themselves in the loan industry and providing good relief from financial restraint.

For ensuring that poor credit rating loans and its installments are returned back in time, creditors take a deep look into borrower’s pay back capability. Repayment capacity is not judged just on the basis of what the client is drawing as annual income. More than that, creditors also look for the other expenses like routine expenditures and payments towards previous unsecured loans. So the surplus quantity with the client is taken as real pay back capacity. So the first step in taking short term loans is to decide on a loan that fits in your budget. This way lender can be more convinced.

Interestingly the typical quantity advertised in Hassle free funds ads might not be offered to you. So be prepared. It would only serve the purpose of giving you an idea of these loans prices in market. These financial funds quantity are highly dependent on the loan, personal status and finances. You can ask for a free quotation, which would certainly give you insight about the prices charged for your circumstances.

At present, availing long term loans online at lower prices is easy, as various creditors are offering online tools to apply for any kind of loan. These tools not only make the loan deal convenient but also process the loan and other details with a faster pace.

These financing does not put a charge on the home, land or any other asset of the client therefore you can go for these funds without thinking about arrangement of collateral. Generally, the attention quantity charged on such loans exceeds the secured loans; however, competitive attention levels can be availed by doing a careful market research before making any decision over any long or short term loans.

Loans quotation means you intend to have access to number of unsecured loan creditors so that you can compare them for their individual attention quantity. This clearly means that these loans quotation enables a client in having a comparatively lower attention quantity on loans. The process of getting funds quotation is very simple.

Bad credit rating economical financing does not call for any collateral as security. Therefore, they are very popular with tenants non home owners, students etc. These funds can be used for any purpose and the pay back term for these funds depends upon the loan you have borrowed. You also have the advantage of applying for a poor credit rating unsecured funds online. An internet based poor credit rating non secured loan is processed faster and is easy to obtain.

You can easily qualify for assured loans if you can prove your employment status. Guaranteed loans are available at lower attention quantity to all kinds of borrowers. You will be saved of all the lengthy legal procedures if you opt for this attention quantity. Guaranteed unsecured loans are risk free!

One of the fastest growing industries on the internet is loan agencies. Now you can simply browse through various credit rating websites and can request financial funds quotes online lending companies. You just need to fill up an online application form to apply for the economical loan that hardly takes few seconds.

The lender of easy takes into account the money score and history of credit rating before granting the funds. A favorable credit rating score is important if you are looking for easy. But you need not worry if you have CCJs, arrears, defaults, bad history of credit rating and bankruptcy now you can also get these loans.

Insights On Core Factors Of Experian

So Many Scores

Credit scores can be confusing. FICO, TrueCredit, PLUS, Beacon, and Empirica scores are all in daily use. Why are there so many scores? A nationally recognized credit repair expert explains the different scores and how they can impact your life.

FICO, the Score that Counts

There are many credit scores available, but the FICO score is the one that matters. FICO, by the way, is an acronym for Fair Isaac & Company, the creator of the scoring model. Virtually all lenders use FICO scores to make loan decisions. If you are in a credit repair program, any score you monitor is fine for measuring progress. But if you are planning to apply for a loan the FICO score is the one to watch.

FICO and Your Lender

When you apply for a loan, the lender orders your credit report from one (or more) of the three credit bureaus, Experian, Equifax, and TransUnion. Each credit bureau report comes with a FICO score. If you speak with your lender about your credit, they are likely to refer to each of your scores using the specific credit bureau name.

The Credit Bureau Illusion

Given the constant association of FICO scores with the three credit bureaus, you might assume they have some proprietary claim on the scores. You might also assume that if you purchased your scores from the credit bureaus, you would get the same FICO scores the bureaus sold to your lender. You would not be alone. In the credit repair business, we find most of our customers make the same assumptions. The assumptions are wrong.

Credit Score Re-Branding

As an aside, I should mention that the three bureaus have re-branded the FICO scores they sell to lenders. Equifax calls it a Beacon score, TransUnion calls it an Empirica score, and Experian calls it an Experian Score. Different names, but they are all FICO scores. Our credit repair customers often ask about numeric differences in the scores. Numeric differences arise because each bureau gets information from a slightly different mix of creditors. Timing also plays a roll in score variance; a recent change in your credit may be picked up sooner at one bureau than another.

The Business of Credit Scores

As it happens, the credit bureaus don?t own the FICO scores, nor do they sell them directly to consumers. Fair Isaac & Company owns the scoring model and licenses it to the credit bureaus. The credit bureaus use the model to score the data they have on file for consumers. Then they bundle the scores with consumer credit reports and sell them to lenders. Fair Isaac collects royalties from the credit bureaus for these sales.

Putting Credit Scores to Use

If you are planning to apply for a loan, you might want to purchase your FICO scores beforehand. You would want your real scores, not ?estimated? scores that might vary widely from the ones the lender will use. Yet ?estimated? scores are exactly what millions of consumers get every year when they visit the credit bureau?s websites. Many of these consumers go on to apply for a loan, and are disappointed when the lender tells them that their scores are lower than they were led to believe. We hear this story almost every day from people starting up their credit repair effort.

Estimated Scores

Fair Isaac would have been happy to have the credit bureaus sell FICO scores directly to consumers. The credit bureaus, however, seeing the opportunity, developed their own ?estimated? credit scores rather than paying royalties to Fair Isaac. Equifax, the exception, offers a FICO score to consumers, which provides an economical way for consumers, or anyone in a credit repair program, to monitor their score, but on its own does not provide a complete solution.

Experian?s PLUS Score

Experian sells a credit score at their website called the ?PLUS Score?. Here is the small print from their website, ?Your PLUS Score is formulated using the information in your credit file. It is modeled after the hundreds of commercial credit scores that help potential lenders, landlords, and employers quickly gauge your credit history and decide what kind of a risk they might be taking if they approve your application.?

TransUnion?s TrueCredit Score

TransUnion sells a credit score called the ?TrueCredit? score. Here is the small print from their website. ?TrueCredit? is not connected in any way with Fair, Isaac and Company; the credit score provided here is not a so-called FICO score. The credit scores of TransUnion may not be identical in every respect to any consumer credit scores produced by any other company.?

Equifax FICO Score

Equifax, as mentioned, makes a FICO score available to consumers. If you are in a credit repair program, or planning to apply for a loan, this is the most economical way of seeing a real FICO score. But it is important to know that many lenders, and almost all mortgage companies, look at all three of your FICO scores, and base their decision on the value of your middle score. One score is simply not enough. the FICO Source

So, if you want to know where you stand prior to applying for a loan, or to monitor your credit repair efforts for each credit bureau, you will need to see all three FICO scores. These are available at, The Fair Isaac website.

Copyright (c) 2007 James W. Kemish. All Content. All Rights Reserved.

Jim Kemish, a nationally recognized credit repair and restoration expert, is the president of Sky Blue Credit, a leading credit repair business since 1989. For more information visit

A Look At Straightforward Experian Secrets

Have you checked your FICO credit score lately? If not, you may be in for a surprise. According to a report released by the Associated Press, 25.5 percent of Americans or 43.4 million people, have been deemed poor risks for having credit scores of 599 or below on the FICO scoring model.
Between high unemployment and limited access to credit, many consumers will find it increasingly difficult to qualify for affordable mortgages, automobile loans, credit cards, insurance, or even employment.
As a rating system created by the Fair Issac Corporation, FICO scores are based upon information contained in a consumer’s credit profile. The formula utilized in creating such a credit score has become standard within the industry. Lower credit scores mean missed opportunities in obtaining credit, goods, benefits, services, insurance and/or employment.
Data provided by Fair Issac shows an alarming number of consumers on the fringe of its scoring range, which runs from 300 to 850, with fewer consumers in the middle of that range. As of June, FICO’s analysis of consumer credit profiles showed:

With record foreclosure rates, high unemployment and the role that banks have played in credit granting decisions, one should not be surprised about the decline in FICO credit scores. Between job losses and the drastic drop in property values, creditors have made a bad economy even worse by closing or reducing credit lines and increasing interest rates prior to the enactment of the Credit Card Act of 2009.
While most families have drastically cut back on expenses and even paid down existing debt, many are unaware that FICO scores compare existing debt levels to credit limits. As such, closed or reduced credit lines will significantly reduce a credit score by making it appear that the consumer is maxed out when, in fact, spending habits have actually improved.
On the other hand, higher interest rates have made it tougher for consumers to repay their existing debts. Prior to the enactment of the Credit Card Act of 2009, banks and creditors nationwide raised the annual percentage rates of their credit cards and products. To date, financial reform has done nothing to help the average consumer.
Under the Fair Credit Reporting Act, as modified by the Fair and Accurate Credit Transactions Act, consumers are entitled to a free copy of their credit report under a narrow set of circumstances.
If you are denied credit, goods, benefits, services, insurance, and/or employment, the credit reporting agencies of Equifax, Experian and Trans Union are statutorily mandated to provide a copy free of charge. Absent these exceptions, consumers are entitled to one free ‘annual credit report’ per year. Credit scores are not included with any of the ‘free credit reports’ provided by the national credit reporting agencies.
Equifax can be contacted at (800) 685-1111 or Experian can be contacted at (888) 397-3742 or and Trans Union can be contacted at (800) 916-8800 or
For your free annual credit report, contact the central source of data at 877-FACT-ACT (877-322-8228) or Follow the voice prompts and obtain your credit report for review.
Although FICO credit scores are not currently provided by the credit reporting agencies without charge, one perk for consumers tucked into the ‘Restoring American Financial Stability Act of 2010′(HR 4173), passed by Congress is a requirement that anyone denied credit, goods, benefits, services, insurance, and/or employment because of their credit report must receive a free copy of their credit score.
Bill Lewis is principal of William E. Lewis Jr. & Associates, a solutions based professional consulting firm specializing in the discriminating individual, business or governmental entity. To learn more, tune into "The Credit Report with Bill Lewis," a daily forum for business and financial news, politics, economic trends, and cutting edge issues on AM 1470 WWNN.

Comparing Major Elements For Experian

Tax collection has been around for the longest time, dating back to Biblical times. Whether it was Zacchaeus or Levi, tax collectors were often frowned upon. Today, tax collection is done by the Internal Revenue Service or the IRS. They are the government body that handles taxes and its collection. Although the IRS is more often than not intimidating, the IRS actually has programs that offer you help with your tax concerns or tax debts.

If you are having trouble paying your taxes or have incurred a huge amount of back taxes, call the IRS and inquire about IRS Tax Relief Programs. IRS relief is the government?s way of helping you pay back your taxes without being overwhelmed. It gives you a way to settle your tax debts. There are different qualifications in availing the IRS relief. Most of the time, IRS relief is given to individuals that have good standing with the IRS, or those who were always on-time in paying their taxes, but are now having difficulty due to sudden financial troubles. However, if you are delinquent with your taxes, or have failed to file your taxes, it is better to contact the IRS to seek a way to get back into compliance. There are two common arrangements for IRS relief. These are the ?offer in compromise? and ?installment agreement?.

The Offer in Compromise is an IRS Debt relief arrangement where you may be eligible to settle your tax debt for a reduced amount. The three payment options are a lump-sum cash offer, a short-term periodic payment offer, and a deferred periodic payment offer. You will need to consult with your tax attorney regarding this type of IRS relief, as not everyone is eligible and payments are non-refundable. This would be a good arrangement for you because once you?ve paid it your tax debt relief will be over.

The other type of IRS relief is an Installment Agreement. This is when the IRS allows you to pay your liabilities over a period of time. Think of it as the deferred payments offered by credit cards. Interest will still accrue. You would be paying a specific amount on a specific date, usually monthly. What makes this easier for you is that the IRS will evaluate the realistic amount that you could pay every month. However, unlike the Offer in Comprise, with the Installment Agreement, the total amount of your liabilities will not be reduced. You also have to remember the monthly due date that the IRS will specify and you must meet this due date. If not, you may be in jeopardy of defaulting on this agreement, incurring new penalties, and receiving a blemished credit rating. In addition, you may be subjected to an enforced collection action (levy, garnishments, etc.).

The good news is, if you are having trouble with your taxes, you don?t need to be intimidated and run away from your liabilities. IRS relief is there to assist and help with your needs. Together with the IRS, as well as your tax attorney, you?d be able to determine the best way for you to pay back your taxes. This will certainly bring you relief and eliminate the strain on your finances.

To find out more for IRS tax attorney , Tax Debt Relief , IRS debt Relief visit at : .

Key Criteria In Experian An Intro

You wouldn’t believe the number of people who don’t know what FICO is or what it stands for. So real quick let’s break it down: FICO stands for &ldquo;Fair Isaac Corporation&rdquo; which is a credit score model based on a ‘secret’ formula developed by two men; Bill Fair an engineer and Earl Isaac a mathematician in 1956. This formula was computerized in the late 1960′s and has taken most of the personal touch in loan and credit requests out of the picture. It is a model that assesses the risk that you present in regards to paying back a loan or ability to pay your credit.

While we don’t know the secret formula what we do know is what categories and what the weights are given to these categories in determining your three-digit credit score/FICO score.
Let’s briefly look at these five categories:
Payment history = 35%
Are you paying your bills and are they on time. This is the main focus here and the last six months are the most important factors with focus given up to two years. This is also figured in descending order of importance with your highest bill, usually your mortgage, being given the greatest weight and on down to your lowest.

Bankruptcies, judgments, liens, foreclosures and collections/charge-offs will have a negative impact on your score in this area. Late payments are an issue as well and the longer they are late the more negative impact is felt.

Balances carried = 30%
How much do you owe? The formula assesses what you owe against how much credit is available to you and develops a ratio. It is very important that this ratio be LOW. This area mainly looks at your credit lines, not necessarily your mortgages and installment loans.
Credit history = 15%
How long have you held credit and been reliable? If this is strong it helps your overall score. Don’t necessarily throw away a card that you have a long history with. They help your FICO score if you reliably have paid them on time.

Sometimes children will become &ldquo;authorized users&rdquo; on their parents credit cards trying to show credit history. This doesn’t work anymore. When you place your child onto your card as an &ldquo;authorized user&rdquo; today the credit bureaus will count from that point on in regards to history not your total time.
Mix of accounts = 10%
The credit bureaus assess the variety of accounts that you possess. Having a gas card, store card, mortgage, an installment loan of some sort, and 2-3 major credit cards is golden to the FICO formula.

Inquiries = 10%
The rules recently have changed on this one. Today if there is a group of inquires for one thing, ie. Mortgage, and they fall within 45 days then they are counted only as one inquiry. The same holds true for a car. If someone is making an inquiry to your account to offer you credit, check on your status for a job, utilities, etc. then they types of inquiries don’t count either. Where inquiries hurt you is in the area of you asking a bunch of credit card companies for credit. This one counts. So be careful and shop around before you ask for a credit card.

Well, this brief explanation provides you, the consumer, with a basic understanding of the elusive, FICO formula. Knowing and understanding your FICO score provides power to you the consumer and a sense of control that ignorance can never fulfill. Until next time, Peace.

StepByStep Effective Programs For Experian

Many people have heard of bad credit rating, but some might not understand what it exactly implies.

For decades, there was no proven method for determining the actual credit activities regarding consumers. Nevertheless, this all changed when a company called the Fair Isaac Corporation specially designed a credit rating process that is called the actual FICO score.

Since the three major credit agencies possess different information on each consumer, the actual FICO score determined by these bureaus won’t be exact.

Your current FICO score has become the simplest way to determine if your primary credit history is actually excellent or bad. To obtain your current score, information inside your credit file is compared to the credit files regarding other people. Your future credit activities can be determined by this info. Whenever you obtain a loan, lenders will look at the FICO score to discover if they ought to permit you to borrow money. Possessing a low credit score does not automatically mean you won’t be allowed to get a loan. In the past, having any marks in your credit history report would cause lenders not to ever loan a person any money. They had absolutely no way regarding analyzing which debtors would definitely pay back their own loans. With the advent of the FICO credit score, more consumers who may have experienced difficulties with their credit in the actual past can now get debts. Mathematical models allow creditors to examine the behavior regarding borrowers to determine whom they ought to loan capital to. Banks as well as credit cards corporations have taken advantage of this specific knowledge by making offers to people who have different credit history issues.

People who have problems with their own credit can usually get loans, but they can expect to obtain much higher rates of interest. The actual FICO credit score varies from around three hundred to 850. The actual nearer you are to 850, the better your current credit score is actually. Studies show how the everyday American possesses a score that is about 677. Towards qualify for loans which have the best interest rates as well as features, you need to possess a score which is at least 720. If you wish to learn your current score, there are a number of companies which will charge you a fee for it.

Many different elements go into determining your score. A very important factor is your payment history. The way you make your repayments will decide around 35% of your credit score, which is almost half. Not being able to make payments on time has become the primary reasons for getting bad credit. Your current payment history consists of repayments about charge cards, debts, along with other expenses. Filing with regard to personal bankruptcy may greatly lower your score.

How much money you owe is going to decide your credit score too. People who have too many loans and charge cards will have a score which is lower. If you have a lengthy credit past which is good, this would rise your current score. Creditors are much more likely to offer credit to those who have proven credit history. It is important to understand the various things that affect your credit score, simply because this might allow you to retain a higher score.

If your credit score is very low, it means that you is going to need to start producing payments promptly. For people with a lot of loans and charge cards, eliminate a number of them. Becoming responsible with how you handle your credit will help you to keep a high score. Creditors will be much more likely to give you the best rates as well as features on debts. Even if one lender rejects a person, this doesn’t imply that virtually all lenders will deny a person. Being familiar with credit rating and how you can handle it will permit a person to keep on being financially prosperous.Article Source: Harvey is a successful internet marketer form syracuse NY, he hasbeen helping online marketers for two years become successful online.

Selecting NoHassle Plans For Experian

Your credit report contains information about where you live, how you pay your bills, and whether you?ve been sued or arrested, or have filed for bankruptcy. Consumer reporting companies sell the information in your report to creditors, insurers, employers, and other businesses that use it to evaluate your applications for credit, insurance, employment, or renting a home. The federal Fair Credit Reporting Act (FCRA) promotes the accuracy and privacy of information in the files of the nation?s consumer reporting companies. Some financial advisors and consumer advocates suggest that you review your credit report periodically. Why?

? Because the information it contains affects whether you can get a loan ? and how much you will have to pay to borrow money.

? To make sure the information is accurate, complete, and up-to-date before you apply for a loan for a major purchase like a house or car, buy insurance, or apply for a job.

? To help guard against identity theft. That?s when someone uses your personal information ? like your name, your Social Security number, or your credit card number ? to commit fraud. Identity thieves may use your information to open a new credit card account in your name. Then, when they don?t pay the bills, the delinquent account is reported on your credit report. Inaccurate information like that could affect your ability to get credit, insurance, or even a job.

Getting Your Credit Report

? An amendment to the FCRA requires each of the nationwide consumer reporting companies ? Equifax, Experian, and Trans Union ? to provide you with a free copy of your credit report, at your request, once every 12 months.

? Other situations where you might be eligible for a free report

? Under federal law, you?re also entitled to a free report if a company takes adverse action against you, such as denying your application for credit, insurance, or employment, based on information in your report. You must ask for your report within 60 days of receiving notice of the action. The notice will give you the name, address, and phone number of the consumer reporting company.

? You?re also entitled to one free report a year if you?re unemployed and plan to look for a job within 60 days; if you?re on welfare; or if your report is inaccurate because of fraud, including identity theft.

? Otherwise, a consumer reporting company may charge you up to $10.50 for another copy of your report within a 12-month period. To buy a copy of your report, contact:

Experian-1-888-397-3742 –

TransUnion-1-800-916-8800 –

Equifax-1-800-685-1111 – is an IRS Approved 501c3 Non-Profit Florida Corporation dedicated to our mission of providing compassionate and professional, financial counseling, Credit Card Management Services and education in an ethical manner with efficient, timely and problem-solving client support.