Credit history, scores may improve with bureau changes. According to a study in May by the Consumer financial Protection Bureau about 45 million adults in the US don't have any credit scores. It's a huge issue since your credit scores are used by lenders to determine eligibility for credit and what interest rate you qualify [...]
Why would anyone be interested in reading about credit report collections? Well, most the time it’s because you have been denied credit and have ordered the credit report to see what’s going on. Low and behold many times there are collections on your credit report. These collections are being reported by collection agencies and they’re killing your credit scores! When someone researches their credit report for problems and finds collections, usually the immediate response is to begin looking for ways to correct or remove those items from their credit report. The good news is there are a few ways. The most popular way is by disputing them with one of the 3 main credit bureaus (Equifax, Trans Union and Experian) that are reporting them. You can also contact the collection agency directly and try to… […]