Can You Acquire Good Credit Overnight? You Bet.Written by Omar M. Omar
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Balance : ( If it's an open account ) If there is any fee for this service or for any additional information you might need from me, you can reach me at ( your phone number ). Thank you in advance for your unparalleled assistance. Sincerely, your signature Your Name Address Social Security Number Date Of Birth For Example : Suppose you had bought a used car from a used car lot 4 years ago. And cost for your used car was $8000.00, which you have paid off in 2 years. If you can show on your credit report auto loan you've paid off, that can dramatically change your credit report. Therefore, what you can do is contact your used car dealership and demand for your account to be reported. Or you can request a copy of your auto loan payment history to be mailed to you so you can mail it yourself to credit bureaus. It's important to ask yourself why a certain account was not reported on your credit report. In most cases small businesses avoid reporting to credit bureaus because it cost businesses money to report your payment history to credit bureaus every month. To put it simply, every business who wants to report their clients account payment history will have to subscribe to these credit bureaus and subscription cost business money. © Copyright - www.deleteuglyredit.com
Omar M. Omar is the owner of http://www.deleteuglycredit.com and - Author of "The Credit Repair Bible" book. The website is dedicated to providing credit consumers free advice on how to repair credit. It also provides credit consumers numerous information about their credit report, credit laws, and their rights as a consumer.
| | Bad Credit folks helped by New FICOWritten by T.Pikus
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This thought may be very close to real thing... as FICO Corp. states on their web site: "Lenders want to price appropriately, and lend safely, while making more credit available to more people and effectively managing their operations costs." In layman terms, NextGen scores loosen up scoring criteria so more people can get better credit rating and borrow more money. But make no mistake, FICO Corp. claims these new scores are even more predictable - which works for lender advantage. Plus, latest score version NexGen 2.0 allows people with short or dormant credit history to get loans! So, does this all mean that we can now have more unpaid medical bills, have more inquiries on car and mortgage loans, get a car loan at age of 18, get better interest rates after a recent bankruptcy ...? I guess we are to find out ... when we'll see more bankruptcies in years to come. Or will we? Bad Credit Advisor suggests we remain calm and keep our credit score as high as possible. On a serious note, they said, this relaxing in credit scoring presents great opportunity to dispute more items on your credit report than was possible before and improve your credit score more substantially! (this arcticle is an opinion of www.Bad-credit-advisor.com and not of Fair Issac Corporation.)
www.bad-credit-advisor.com is maintained by an experienced Mortgage Broker who deals mainly with bad credit clients.
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