Thursday, October 19, 2017

By Law, Every Individual in America is Entitled to a Free Credit Report

According to the Fair Credit Reporting Act (FCRA), every individual in America is entitled to a free credit report from each of the three nationwide consumer reporting companies- Equifax, Experian, and TransUnion. In other words, you can get 3 free credit reports a year; one from Equifax, one from Experian, and one from TransUnion. You may order these reports all at the same time or you can spread it out over a period of time, like getting one every four months. If you have problematic credit and are working to re-establish a good credit rating, you might want to order your credit reports space out over a few months to see how your credit is improving. Any report that you order after the initial free reports within a 12-month period may cost you up to around $ 11.00.

There is only one website that is authorized to fill your order for the free annual credit report you are entitled to- All other websites that offer “free credit reports,” or “free credit scores” are not part of the free annual credit report program and usually offer these “free” reports in exchange for a service, like credit monitoring, that you have to pay for. Or sometimes they will offer a free service that will convert to one you have to pay for after a trial period, and if you don’t cancel the service within that trial period you may be subject to charges and fees.

Unlike your credit reports, there is no free way to get your credit score. You can order your credit score from any of the three major credit reporting agencies when you order your free credit report, however, they will charge you a fee for it. There is still some confusion on how much these credit scores actually cost to order, but most agree they are in the range of $ 8 – $ 16. You can also get your credit score by purchasing it directly from FICO, the Fair Isaac Corporation- this is the company that basically invented the standard format for determining the credit ratings used today. Your credit score is a number between 300 and 850 that, in essence, represents your creditworthiness. A credit score is based primarily on information from your credit report and will usually differ between each of the three credit reporting agencies.

It is noteworthy to mention that the FCRA specifies that others can access your credit report. Creditors, insurers, and other businesses that use the information in your report to evaluate your applications for credit, insurance, or renting a home, all have legal rights to access your credit report. Your employer can get a copy of your credit report as well, but only if you agree. A consumer reporting company may not provide information about you to your employer, or to a prospective employer, without your written consent.

If you still have questions about your credit report or credit score, there are countless sites on the internet that you can find using Google, or any other search engine, that can help to answer your questions. One notable site which offers facts to consumers is the Federal Trade Commission website at

Dee Jurgens is the head copywriter for CyberLead, inc specializing in auto sales leads delivering quality car loans for ten years Providing free credit scores for you and yours free credit score

How to buy your first home

Simple tips to purchase your very first residence

Subscribe to and visit our web site to find out more. Purchasing your very first residence may be a daunting experience–not understanding how to qualify for home financing, where you might get the down-payment, or having an agent find you property in your price point. Watch movie for many things you want to start thinking about. Head to to learn more about financing tools, credit restoration, plus!
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Consumer Credit Repair Guidelines For 2012

Come 2012, lots of people will nonetheless need to fix their particular personal credit as well as dig themselves out of debt. If you’re in the same situation, do not feel disheartened. You make an effort to repair bad credit and most of the methods that can be done aren’t complicated at all. Consider these pointers:

1. Check your report. The first step would be to check your personal credit report. Order copies of your annual credit report from the three key credit reporting agencies so that you can evaluate the status of the accounts. All people are eligible to obtain one free report every year from

Are all the charges in your credit report correct? If you will find errors or even wrong charges, you should send out a credit dispute letter towards the bureau that released your report. Cleaning up errors from your credit report will take up to 30 days since the bureau will perform its own investigation. If the dispute is valid, the actual errors will probably be corrected and also the agency will be sending an updated copy of your report for free. This step alone can easily boost your present lower credit score by a number of points.

2. Pay your creditors on time. Start the entire year right by paying all your monthly fees on time. If you seriously want to improve bad credit, you cannot afford to skip a single due date. What if you’re confronted with an exceptionally large amount of financial debt?

When paying off your entire bad debts at the same time isn’t possible, you need to prioritize your debts while focusing on paying off balances on a single account at a time. Which of your accounts has the highest interest rate? By paying off this particular account first, it is possible to prevent your debts from rapidly accumulating.

3. Negotiate your debts. You must also make an effort to work out or perhaps speak with each of your creditors. Explain to a lender your present financial situation. Some people may feel embarrassed to confess that they’re experiencing financial crisis.

Nonetheless, if lenders can see that you will are willing to the stand by your own obligations regardless of the circumstances, they will be most likely to show consideration. Many creditors have made modifications to their terms and conditions to assist the borrower get out of debt.

4. Create a suitable repayment plan. It’s crucial that you use a payment strategy that is suitable to your situation. Sum up your complete debts as well as examine it along with your month to month income. On 2012, your primary task is debt payment which means you have to work out a budget that will help you achieve that goal easier.

In case you are stuck in bad debt, the specific situation may possibly demand that you simply make key changes together with your spending habits as well as life-style, therefore prepare yourself. Keep in your mind that despite the hardships that you could come across, you’ll be able to enjoy a stress-free life once you free yourself from bad debt.

5. Seek professional counseling. It will also help if you’re able to get assistance from the experts. You should check out the particular NFCC (National Foundation for Credit Counseling) and the US Department of Justice’s ( website to get a set of authorized credit counseling agencies and non-profit credit counseling organizations in your area.

Suzy Vanstrusen is a credit analyst and a writer of the website and has been providing consumers with tips and tricks in credit repair . Check the site to help you out with your bad credit loans .

Low APR Credit Card Offer – How To Qualify

If you happen to be someone who uses credit cards often and typically carries a balance, qualifying for a low APR credit card offer can help you save considerable amounts of cash every month and also over the life of the card.

For anyone with less than ideal credit ratings, discovering special offers such as these for which they’ll be eligible is often elusive, because they are typically reserved just for people having the most pristine credit scores. However, with a bit of work and thorough planning, you may possibly find that you are, in actuality, qualified for these savings.

Prior to when you get started sending in applications, always obtain a copy of your credit history from the three reporting agencies. That will serve two purposes. First of all, it’s going to offer you an impression of just what your credit history is, which will allow you to submit applications just for those particular charge cards that you are most likely to meet the criteria for. This is critical because with each application you submit, a mark will be made on your credit report. When your credit report is frequently requested, it could in fact have a adverse impact on your credit score.

A different reason to go through your report is to correct any errors that may perhaps appear on it. It is in fact surprisingly common for those who have outstanding lines of credit to find incorrect details in their reports. Individuals who find items that have been listed twice, account balances that have been paid off, or even personal loans that do not belong to them can have this information changed at no cost to them. Once these line items have been completely removed, your score may well go up and you could become a much more attractive candidate for a low APR credit card offer.

When you’ve fixed your credit profile, you can begin to take basic steps to enhance your credit by using other means also. Prior to submitting your application form, do what you possibly can to make certain that all of your bills are current. If possible, focus on paying down your current credit card balance, which will increase the probability that you will meet the criteria for another line of credit. In the event that you have recently applied to get a large loan, such as a home mortgage, it may be in your very best interest to hold off for a little while on sending in new applications for many of the reasons stated above.

Even though low APR credit card offer marketing promotions are usually extended only to individuals with the highest credit ratings, it may possibly be possible for even individuals who have experienced repayment difficulties during the past to have their particular applications accepted for these great offers. Though it might take a little bit of work, it will be well worth it in the years to come for the savings that you will enjoy.

Are you looking for the best credit cards? Be sure to visit my site compare Citi cards and other credit card deals.

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7 Best Car Financing Tips

Buying a new or used car? An automobile is undoubtedly one of the largest purchases you will make this year. Unless you are prepared to fork out 100% of the cash needed for the purchase, you are going to need to navigate the world of car financing.

And when it comes to buying a car, financing is no insignificant detail: the choices you make now about your loan’s interest rate, how long you will take to repay your loan, and the amount of your down payment will play a big part in your financial future for the length of the loan and beyond.

Before you buy a car, check out these 7 best car financing tips:

1. Check the newspaper or online for the best advertised interest rates: As the economy goes through its natural cycles in terms of the availability and cost of borrowing money, interest rates go through their own cycles as well. A great way to gauge the current interest rate climate is to check the newspaper or auto dealer websites for their current best deals. You can rest assured that the advertised deals are their best, since those ads work to get people in the door. For example, if you see some 0% interest rate deals being advertised, you now know the best-case scenario for when you approach a dealership.

2. Decide how much cash you can put down: The amount of your monthly payments, as well as the total interest you pay over the life of an auto loan, depend on the payback period of your loan and the amount you are willing to put down in cash. Obviously, the more you can afford to put down in cash for your car now, the less you will have to borrow. Be sure to put down as much as possible, but of course leave yourself a “padding” of money for a rainy day.

3. Get pre-approved for a loan before visiting the dealership: Once you walk onto the lot of an auto dealership, you are much more likely to buy a car from them than otherwise. And, the dealership personnel know this. A great way to keep your options open in terms of getting the best car financing is to go to your local credit union or bank and get pre-approved for an auto loan before heading to the dealership. That way, when talking to the dealership you will have in the back of your mind a next-best option in case you can’t get the financing deal you want through them.

4. Negotiate your auto price with financing in mind: Remember that the entire dealership works as a team. If you negotiate an exceptionally low price on the car with the salesperson, chances are that the finance department will try to get you into a more expensive financing deal. Are they crooks? Not likely. Rather, just like anyone else, they are trying to turn a profit.

5. Never accept the first financing offer: Once you have agreed upon a price of your new car and you are sitting down with the financing person to discuss loan terms, let him or her make the first financing offer. No matter how reasonable it seems, make sure to reject the first offer he or she presents to you. Remember, they can always do better. Ask for better terms and you will likely get what you ask for.

6. Choose the shortest payback period possible: Opting for a longer payback period of say 6 or 7 years may seem attractive, given the much lower monthly payments. But, remember that in doing so you will be paying a small fortune in interest over the life of the loan. Not only that, but you may get tired of your car and want a new one before the next 7 years go by. All the more reason to agree to a 3 or 4-year loan, if you can swing the payments.

7. Remember that you can always walk away before signing: While at the dealership, always keep this in mind: you always have a lot of other options. Sure, some of them may require a bit farther of a drive to get to, but you should never feel obligated to buy from the first dealership you contact. Just knowing that you have other options will take the pressure off, helping you avoid agreeing to a financing deal that you are not comfortable with.

Keep your eyes open and ears perked during the entire car financing negotiation process. Do not let your guard down until you drive off the lot with your car. And remember: you can always decide to try your luck somewhere else.

Get more best car financing tips at:

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