Credit Help For Renters And Others

Written by James Dimmitt


Continued from page 1

According to PRBC’s founder and chief executive Michael Nathans,repparttar new bureau will earn revenue by selling supplemental credit reports to lenders. CitiMortgage, Inc., one ofrepparttar 138457 nation’s major home lenders, is already a subscriber ofrepparttar 138458 new service.

Some other highlights of PRBC’s service include:

- 24/7 access to online files by consumers, free of charge. - Consumers must give permission to have their files accessed by lenders. - Consumers can input up to 36 months of documented on-time payments. - They accept payment histories from phone, credit and debit cards so long asrepparttar 138459 source (merchant) can send a date-stamped electronic receipt of payment. - Many consumers who bank online can have their payment information recorded by PRBC oncerepparttar 138460 bureau becomes fully functional

PRBC can benefit not only renters but also young and minority borrowers who have little or no credit history withrepparttar 138461 traditional bureaus. “We think we can help create equal credit opportunities for everybody who deserves a a prime rate loan, “ Nathans said.

Consumers can register for free withrepparttar 138462 new bureau online at

© 2005, http://www.yourfreecreditreportnow.com Author: James H. Dimmitt James is editor of “To Your Credit” a FREE weekly newsletter focusing on managing your personal finances and credit. Subscribe and get a FREE copy of your credit report when you visit: http://www.yourfreecreditreportnow.com


4 Steps To Creating Good Credit

Written by James Dimmitt


Continued from page 1

Always pay at leastrepparttar minimum due payment, but never less. And remember, just payingrepparttar 138456 minimum payment means it will take you years and years to pay off that credit card.

Example: Paying off a $2,000 credit payment at 18% APR with a minimum monthly payment of 2% ($40 dollars or less) will take you 30 years to pay offrepparttar 138457 amount plus interest.

4) Review Your Credit Report Regularly

Monitor your credit report from all three major credit bureaus - Experian, TransUnion, and Equifax - on a regular basis. Check your credit profile at least annually. Review it carefully and make sure that any past mistakes or disputes have been corrected.

Also, if you notice an account listed that you know that you have not personally opened, contact that creditor andrepparttar 138458 credit bureaus immediately. This could be a sign that you’ve had your identity stolen. Request to have a fraud alert placed on your profile and account to protect yourself and your credit. Identity theft isrepparttar 138459 fastest growing consumer crime in America, with an estimated 1 million people victimized each year.

Establish good credit habits early in life and reaprepparttar 138460 benefits that your good credit rating will provide you forrepparttar 138461 rest of your financial future.

© 2005, http://www.yourfreecreditreportnow.com Author: James H. Dimmitt James is editor of “To Your Credit” a FREE weekly newsletter focusing on managing your personal finances and credit. Subscribe and get a FREE copy of your credit report when you visit: http://www.yourfreecreditreportnow.com


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