krys asked:


I want to build my credit because i have none. I have a few doctor bills that i think are making my credit score bad. I’ve applied to many credit cards but i keep getting declined.

Andrew Mason asked:


So how do you get free instant credit reports so that you can find out your credits core? In certain states, you are entitled to one free copy annually, making this process much easier. In most states, however, you will need to prove that you are either without a job and will be looking for work in the next two months, currently receiving public assistance, or if you think that there are errors in your credit report. Any one of these reasons is grounds to provide you with a free credit report, and if you are able to get one, take advantage of it. If you don’t live in the states that will provide them free, or don’t match the above criteria, you will probably have to pay a small fee to obtain the credit report, but don’t worry-it’s minimal. You see, the fair credit reporting act passed by the government now actually legislates that the major reporting firms must give you at least one free copy of your credit report each year. How do you get this?First of all, call up the company you are planning to ask for the credit report, and ask them the data they will need in order to give you your credit report. Make sure you have this available when you are actually getting it. However, here’s one thing to be aware of when getting free instant credit reports-the majority of them do not include your score in the report, obviously a serious omission. They will give you plenty of information on your past purchases and payment behaviors, such as how timely they were, but if you are looking for your actual score, you’re out of luck. However, the valuable info your credit report does contain makes it worthwhile to get it. it contains 5 different sections, starting with your personal info. Then, it will show any data on collection agencies you might have worked with in the past, info from public records such as filing for bankruptcy or court judgments for or against you, any current payments you have, such as leases, rents, mortgages, etc. Therefore, this is some very important info, and even though it doesn’t show your score specifically, you should look over this info thoroughly, as doing so will save you a lot of aggravation in case there are errors. This way, when you make sure it’s all correct, you can be confident that whatever your credit score is, it’s accurate, and when you are working with a financial institution, you can obtain the best interest rate possible. Here’s another important tip: make sure, when trying to get free instant credit reports, that you don’t do this from a public computer, as it might contain cookies that enable it to remember info put into it. If somebody else happens along and finds this info, they can very easily access your credit card number and all sorts of info you need to keep private. The bottom line is, get free instant credit reports, as it contains important info you will need when applying with a financial company. You won’t regret it.

margaretfong2 asked:


I have a lot of credit cards to pay and always make the minimum sometimes a little bit more then the minimum per month. But I don’t know the difference between good credit and bad credit. Does bad credit involve not paying your credit? what is the difference between these two terms?

flavaa asked:


Hello,

I have a small residential and commercial cleaning business that I am looking to expand. I have been shopping around for financing through traditional lenders, but due to my 518 FICO score and millions of charge-offs, I can’t get fianancing. I have applied to a few non-profits in the state that I live in. I have also been pitching my case to some friends. I don’t have any family that can help. They all have bad credit and so do much of my friends. I really do not know anyone with cash on hand either. I have been looking into getting an angel investor or a venture capitalist, but I do not know if that’ll work. I’ve posted an ad on Prosper and I never get responses. Again, I think that this is due to my bad credit. I am seriously running out of ideas. I have 15 months invested in this and I do NOT want to give up. Does anyone have any suggestions or can anyone suggest a place that can help me? I know I need to fix my credit, but I need the money to do it. Please, please, help!

David Faulkner asked:


What role does your credit report play in your life? In case you apply for some sort of a loan, how do you think the lender would judge you? The lender simply checks your credit report which reflects all your credit history along with your credit score. Things do not just end there. The rate of interest decided by the lender on which he will lend you money is also decided on the basis of your previous transactions that reflect in your credit report. Having a bad credit report and credit score can be a sure shot reason for ant one not to trust you for further dealings.

Importance of credit report:

You must always keep a close watch on your credit report keeping in view the effect it has on your life. A person with bad credit report may possibly bear the expenses of not maintaining it and on the other hand, a person who has well maintained it can get much more credit than he otherwise can. A good credit report clearly puts up a faith in your credibility.

The credit report must be checked thoroughly. One should not just rely on one of the bureaus and get regular statements from all the three agencies Equifax, Experian and TransUnion. In case you find anything that is not clear to you, you must report it back and case the problem still persists, you must dispute on it.

What exactly a credit report contains. Basically it contains the complete records about all the transaction being made by you, either it is some expenditure done by you or some payment delivered by you to the concerned agency along with your full identity including your name, personal address, employment status and your social security number. It clearly shows your credit applications. Loans sanctioned to you, loans you asked for but not given to you, credit you still have to pay and also the available amount of money you are still offered by the bureau. It show’s the description of monthly payments that you have to make. All payments made by you, pending towards you and once which you were unable to pay. Last dates of payments along with previous late fees and interests if any are also mentioned.

Taking advantage of the free online credit report annually helps you track your history and make necessary inquires if you find mistakes. This step is important for everyone, even if you have excellent credit or poor credit. You need to know what the credit report says about your credit history. Because lenders use your credit reports and credit score to see if you are credit worthy and what amount of money you may borrow along with your interest rate, you need to keep a close on your credit history.

Once you receive your free online credit report from Annual Credit Report, a highly recognized agency, you can look over the three different credit-reporting agencies and check for errors and wrong information. For instance, if you are divorced and it has you still married, you can summit a letter to them with a copy of your divorce decree so they can correct your credit history. The idea is to have all the information accurate when a lender views your credit history.

rkwarner_warner asked:


I’m looking to rebuild my credit, and a credit card seems to be the most popular way to get it done. I have had bad credit, and am now told that it is up to zero. What kind of card can I get, or can I even get one?

saintly_angeline asked:


I have a friend with bad credit and she’s tired of prepaids. She’s trying to find a cell phone company that allows people with bad credit to have something at least. Which one is good. I don’t have bad credit and know most companies will give you no hassles, but don’t know anything about bad credit. Which company should she try?

David Faulkner asked:


Check your annual credit report and receive a free instant credit report when you use the Annual Credit Report website. This reputable website has the recommendation from the government as the only place to get your information free and quickly. The online credit report allows you view online or print out the records. This helps when comparing all three credit-reporting agencies and the information they have about your credit history.

Before you consider buying a house or getting an insurance policy, you should check your credit report at least six months ahead of time to see if you need to clean up any areas of the report. The annual credit report allows you to check for mistakes, such as wrong name information, marital status, payment history and make sure items are removed from your history as required by law.

Because you receive the annual credit report free, you have no reason not to check your credit history yearly. The online credit report helps people protect themselves from identity theft and fraudulent credit applications. If you see something that appears suspicious, you can contact the credit agency reporting the inconsistency and inquire about the issue that you have a problem with as soon as you discover the item.

Your credit history allows lenders to see if you are a good candidate for a loan or credit card. They just your application by the amount of credit you currently have and the available amount of credit they may have to offer you at the time of the application process. By keeping your credit information, correct and up to date helps secure a better financial future. The annual credit report has made it easier for people to track their payment history and amount of credit applied for over the years. For more info see http://www.creditscorereportguide.org/Credit_Repair/ on bad credit repair

The free instance credit report has helped thousands of people find inconsistencies in their credit history, which they in turn need to have corrected in order to secure their financial freedom and buying power. With your free credit report, you may order online and receive it in a matter of minutes or by requesting it by mail. Either way you choose Annual Credit Report supplies you with the necessary information supplied from the three top credit agencies.

Many people feel that because they never had a credit card or a loan, that they do not need to view their credit history. That viewpoint of your credit history is what allows people to use your identity to acquire credit in your name. You need to check for correct information even if you have no credit that you know about, maybe someone else does. Get your annual credit report free and see how others view your credit history.

Isabel asked:


What is a Free Instant Credit Report?
Some may know that credit report is actually your credit history. It contains the data collected from various sources by the credit bureaus. Credit report gives detailed information about financial position in your business life. This report also reflects your late credit payment. Hence it’s very important that you pay all your debts on time. Remember that a good credit report is an added advantage if you are looking to purchase something very expensive. For instance, if you are considering buying a house in the near future you need to have a healthy credit report. A healthy credit report is the best way of impressing your bank or money lenders.
Is it necessary to keep a check on our Credit report?
Many people want an answer to this. Knowing your current credit report is important, but one has to be equally cautious while getting this information. You need to check your credit report at least once in six months. Remember checking your credit report helps in protecting your credit rating. Moreover, it also helps you to keep a check on your creditors. There may be times when your creditor might fail to report a past due balance.
Free Instant online credit report contains a complete summary of your personal information. It contains your name, your residential addresses, contact number, Social Security number, month and year of birth as well as your employment information. It also contains information about any bankruptcy in your credit report. Your financial institution may periodically obtain your credit report so as to maintain your up to date records.
There are various types of credit report such as business credit report, consumer credit report, yearly credit report, etc. Initially there was strict prohibition on disclosure of instant credit report but now any person can apply for his/her credit report. Many lenders and retailers who extend credit facilities entirely depend on credit report and score to give credit to their customers.

smilez asked:


I am debating trying to pay off a BIG amount($4000) and am not sure how to go about it. I don’t have the money for min. payments and don’t have any marks on my report yet. So how bad is it to get this on my credit report?