securedcreditcardsonline.com » credit report score http://securedcreditcardsonline.com Thu, 01 Sep 2011 12:53:09 +0000 en hourly 1 http://wordpress.org/?v= Tips on How You Can Dispute the Errors on Your Credit Report http://securedcreditcardsonline.com/tips-on-how-you-can-dispute-the-errors-on-your-credit-report/ http://securedcreditcardsonline.com/tips-on-how-you-can-dispute-the-errors-on-your-credit-report/#comments Thu, 22 Jul 2010 07:55:34 +0000 scco-admin http://securedcreditcardsonline.com/?p=212 ?Before we discuss the tips on disputing errors in credit reports, are you interested to know first the reasons why we encounter inaccurate entries on our credit files? If you are, then we encourage you to read the next part of this article.

Reasons Why We Encounter Credit Report Errors

Truth is record keeping is never perfect. We need to accept the fact that the system of updating our credit records is prone to human error and equipment breakdown. Such problems can cause the three credit reporting firms to issue free credit reports that contain inaccurate information.

Read more about Tips on How You Can Dispute the Errors on Your Credit Report

]]> http://securedcreditcardsonline.com/tips-on-how-you-can-dispute-the-errors-on-your-credit-report/feed/ 0 What is An Identity Theft Insurance Policy? http://securedcreditcardsonline.com/what-is-an-identity-theft-insurance-policy/ http://securedcreditcardsonline.com/what-is-an-identity-theft-insurance-policy/#comments Fri, 16 Jul 2010 08:33:25 +0000 scco-admin http://securedcreditcardsonline.com/?p=205 A report by the Federal Trade Commission reveals that in 2005, about 8.3 million people in the US have been victims of identity theft.  Of the cases reported, about half resulted to about $500 in damages while 10% has caused $6,000 worth of damages.  Apparently, along with the improvement of technology, cases of identity theft continue to increase more than ever.  In fact, identity thieves have come up with new and more efficient tactics of stealing precious information from unsuspecting victims.

For instance, “skimming” or the use of a small “skimming device” to steal credit card information in just one swipe is now a common incident particularly in restaurants.  When you hand over your credit card to the waiter, your credit card details can be instantly stolen from you without your slightest hint or knowledge.

Read more about What is An Identity Theft Insurance Policy?

Resources:

free credit repair

credit repair letters

]]> http://securedcreditcardsonline.com/what-is-an-identity-theft-insurance-policy/feed/ 0 The Importance Of Knowing How To Read Your Credit Report http://securedcreditcardsonline.com/the-importance-of-knowing-how-to-read-your-credit-report/ http://securedcreditcardsonline.com/the-importance-of-knowing-how-to-read-your-credit-report/#comments Thu, 03 Jun 2010 10:12:37 +0000 scco-admin http://securedcreditcardsonline.com/?p=141 Learning to read your credit report score correctly is just as important as getting a copy of your credit report.  In this article, we will discuss the basics on how to read your credit report and how can take the right action based on the information it gives you.

Free Credit Report for All

Everyone is entitled for a free copy of the credit report from the three major credit bureaus.  This right is stated in the Fair Credit Reporting Act to protect consumers from erroneous or irresponsible reporting.  This also gives everyone the right to dispute charges in their report that they think are incorrect or false.  If you have a plan to apply for a loan or a credit card, the first step you should do is to obtain a copy of your credit report.

Read more The Importance Of Knowing How To Read Your Credit Report

]]> http://securedcreditcardsonline.com/the-importance-of-knowing-how-to-read-your-credit-report/feed/ 0 How To Fix Credit Report Disputes http://securedcreditcardsonline.com/how-to-fix-credit-report-disputes/ http://securedcreditcardsonline.com/how-to-fix-credit-report-disputes/#comments Fri, 28 May 2010 11:38:48 +0000 scco-admin http://securedcreditcardsonline.com/?p=88 Fixing credit disputes is possible if you know the right steps. After getting a copy of your credit report, take the time in reviewing and checking the details contained in it. In case you’ve found errors or incorrect details, exercise your right to dispute. Here is a credit report guide for you that focus on credit disputes and how to settle them.

First of all, what items in your credit report can you dispute about? Most people think that false charges or debts are the only things that can be disputed. However, misspellings in your personal details, omissions and sudden changes in your identity details can also be disputed. As long as it is an incorrect data, you have the right to notify the credit bureau and ask for a correction.

Where should you get a copy of your report?

Also, take note that you need to obtain a copy of your credit report from all the three major credit bureaus. Each bureau is a separate entity and creates a different report. You may find errors in one credit report that are not found in the report that was issued by a different credit bureau. Thus, it is recommended to order a report from each of the three major credit bureaus. This will also enable you to compare each report and use the correct report as reference.

Read more How To Fix Credit Report Disputes

]]> http://securedcreditcardsonline.com/how-to-fix-credit-report-disputes/feed/ 0 Credit Card Debt Tips to Avoid Bankruptcy http://securedcreditcardsonline.com/credit-card-debt-tips-to-avoid-bankruptcy/ http://securedcreditcardsonline.com/credit-card-debt-tips-to-avoid-bankruptcy/#comments Thu, 27 May 2010 06:08:57 +0000 scco-admin http://securedcreditcardsonline.com/?p=86 Many consumers today, more than ever, are struggling to make ends meet in the face of economic crisis. Unexpected job losses and lack of available employment add up to the burden. For credit card holders, they are confronted with increased interest rates and fees imposed by different issuers.

And although there had been changes made in the Credit CARD law which were meant to protect consumers from bad debt, cardholders must still face the fact that there is still no cap limit on credit cards with variable rates.

If you are a credit card holder struggling with debt, what can you do to avoid bankruptcy? Given the situation, how can you protect yourself from financial disaster?

Read more Credit Card Debt Tips to Avoid Bankruptcy

]]> http://securedcreditcardsonline.com/credit-card-debt-tips-to-avoid-bankruptcy/feed/ 0 What Does Your Credit Score Tell You? http://securedcreditcardsonline.com/what-does-your-credit-score-tell-you/ http://securedcreditcardsonline.com/what-does-your-credit-score-tell-you/#comments Mon, 24 May 2010 07:44:22 +0000 scco-admin http://securedcreditcardsonline.com/?p=80 Simply reading your credit report is not enough.  More importantly, you should understand how every information in your credit report affects your credit status and your score.  To help you better understand your credit report, here is a credit report guide for you which focuses on the FICO method of credit scoring.

Today, the three major credit bureaus and other reporting agencies as well as creditors make use of the FICO system in calculating credit scores.  However, each credit reporting agency does its own variation of the FICO scoring method.  Each credit bureau does its own independent reporting.  If you compare each credit report that you obtain from each bureau, you may find that they are not exactly the same.  Your credit report score may be different from each one.  For this reason, it is recommended to obtain a copy from all three credit bureaus in order to check the accuracy of each.

Although, there may be some variations in how credit bureaus do their report, the method of calculation is based on the same factors.  With the FICO method, your total credit score is calculated based on the length of your credit history, the types of your accounts, the timeliness of your payments, your outstanding balances and your credit limit usage.  Based on this scoring system, each of these factors are given a certain percentage to add up your total credit score.

Read more What Does Your Credit Score Tell You?

]]> http://securedcreditcardsonline.com/what-does-your-credit-score-tell-you/feed/ 0