What Exactly is a Rescore?

A “Rescore” is the updating of information on a credit report at the bureau level in an expedited manner. It is not credit repair and it is not a manipulation of the credit report. Eventually the … [Read more...]

How Safe is Your Child’s Identity?

In this day and age everyone has been taught at least a few ways to protect their identities against theft. But what about your children’s identities? Social security numbers are issued at birth and … [Read more...]

Revolving Accounts – What You Need To Know

Revolving balances play an important role in your credit score calculation. The total of your revolving debt makes up about 30% of your credit score. Balances on installment loans don’t have any … [Read more...]

Checking Your Credit Report is a MUST!

Approximately one-third of the population doesn’t check their credit reports every year. Almost one-fourth have never checked them at all. Not checking your credit report on a periodic basis puts you … [Read more...]

Credit Bureaus to Step Up Public Record Accuracy

As the result of discussions between a group of state Attorney Generals and the three major credit reporting agencies (Experian, Trans Union, Equifax) the National Consumer Assistance Plan (NCAP) was … [Read more...]

How Public Records End Up on a Credit Report

There are three kinds of public records that can appear on credit reports: Bankruptcy Chapter 13 and Chapter 7, state and federal tax liens and civil judgments. However unlike creditors who are data … [Read more...]

Length of Time Items Stay on a Credit Report

How long do items stay on a credit report? A lot of people will answer that question with a simple: “seven years.” In some cases this is true. Overall though, it’s not that simple. Both positive and … [Read more...]

When Creditors Report to the Bureaus

One of the most frequently asked questions we get regarding credit reports is: “When do creditors report to the bureaus?” There is a misconception that creditors report their information at the … [Read more...]

Credit Reports Are About to See a Major Overhaul

Over the next 6-18 months credit reports will start to see some changes that could benefit many consumers. This comes from several years of investigations of the three major credit bureaus’ practices … [Read more...]

What Score Factors/Reasons Mean

We all know FICO scores can be incredibly confusing to say the least. It seems there are always more questions than answers. How are they calculated? Why do they vary? What makes them change? I could … [Read more...]