I got my credit report recently and was shocked to find that all of my monthly obligations were not listed, making my score very low. I pay my utility bills, Internet service provider, merchandise shipping contracts, telephone, cable television, and rent on time every month, and I have an open Paypal/Ebay account. If these were listed I am sure that my report would look more favorable. How can I get these items onto my reports so that a future lenders looking at my credit profile for a home loan will know that I am an honest hard working person, paying her obligations as agreed?
I am teaching a class at a local high school about credit fraud. A teacher mentioned to me that her daughter, who is under 12 years of age, has credit according to one of the credit reporting companies. How is this possible?
Companies can negotiate with credit card companies and reduce your interest rate. They close your cards and you pay them a flat amount each month that goes towards your cards. How does this affect your credit?
I’m a college student, and today I was given an eviction notice because my roommates didn’t pay their rent on time. I was wondering what happens if they pay the amount they owe before our court date. Does it still go on my credit score? Do I have any options because I paid my rent on time?
What is your opinion about using secured credit cards to improve credit history, especially if there is no current history (last entries were in 2004)?
I have completed my chapter 13 bankruptcy plan. How do I have the creditors names removed from my credit report?
Last night, a fairly sophisticated ring apparently swept through my neighborhood stealing from cars. Unfortunately, my wallet was stolen with my driver’s license, and yes, stupidly, my Social Security card.
Worse, an external hard drive was also taken that had tons of personal, financial information. While much of it was in a password protected document, there was also several years’ worth of statements from many of my accounts.
What is the best way to protect yourself if you feel someone may have every bit of information they would need including account numbers, Social Security numbers, etc? How can you feel secure beyond the initial 90 days?
I received a letter from a collection agency asking that I pay almost $3,000 for a debt that was originally a credit card opened in 1996. It seemed to come out of the blue, and when I called to get some bearings I was not given satisfactory answers or clarification. When I mentioned that this hasn’t been on my credit report they replied that they don’t report to the credit bureaus. Isn’t that what would make them legitimate? If they don’t report to the credit bureaus are they a legitimate company?
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