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Saturday, April 22, 2006

Debt Collection Laws - How to correct mistakes on credit report


How to correct mistakes on credit report
One thing that definitely befuddles many consumers is the credit scoring system, but perhaps more maddening is dealing with the problems created by the system: Working to get errors in credit reports corrected.

Junk mail or lower interest rates?
TAMPA - You may not know it, but when you apply for a mortgage, competing lenders are buying financial details about you from the credit bureaus. Chances are, shortly after you apply for a mortgage or a pre-approval letter, your mailbox will begin filling up with offers from other lenders.

Get the feds to fix your credit records
Ever find faulty information on your credit report? Or carry on a lengthy battle with a credit bureau while trying to get inaccurate information corrected?

Credit cards that hurt your credit score
Your credit score could be lower if your issuer reports your card is maxed out.

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