Clean Credit Report: Easily Raise Your Credit Score 100 points!Written by Vincent Dail
Clean Credit Reports, your credit report contains information about where you work, live and how you pay your bills (On time or not). It also may show whether you've been sued, arrested or have filed for bankruptcy with in last 10 years. Companies called consumer reporting agencies (cra) or credit bureaus compile and sell your credit report to businesses all over world. Clean Credit Reports, many financial advisors suggest that you periodically review your credit report for inaccuracies or omissions. This could be especially important if you're considering making a major purchase, such as buying a home. Checking in advance on accuracy of information in your credit file could speed credit-granting process, clean credit is a must. Because businesses use this information to evaluate your applications for credit, insurance, employment, and other purposes allowed by Fair Credit Reporting Act (FCRA), it's important that information in your report is complete and accurate. Whenever you apply for any type of credit or financing, a credit report is pulled from at least one of three major credit bureaus. You want a clean credit report to be pulled. While there are hundreds of smaller credit bureaus around country, virtually every credit bureau is affiliated with either Experian, Trans Union, or Equifax. Getting Your Clean Credit Report If you've been denied credit, insurance, or employment because of information supplied by a credit reporting agency, FCRA says company you applied to must give you agency`s name, address, and telephone number. If you contact agency for a copy of your report within 60 days of receiving a denial notice, report is free. In addition, you're entitled to one free copy of your report a year. If you simply want a copy of your report, call each credit bureau listed since more than one agency may have a file on you, some with different information. The three major national credit bureaus are:
| | Personal Checks and Saving MoneyWritten by Fred Gull
When you write a personal check you're essentially an order instructing your bank to pay a particular merchant a specified sum of money, using funds in your account at that bank. To collect money, merchant probably will deposit check. It’ll take about one to five business days before money is transferred out of your account. However, there are new ways for merchants and other vendors to process personal checks electronically and reduce time it takes for funds to be deducted from your account.Personal checks are familiar and easy to use or mail. They also are routinely accepted by merchants as well as by utilities, landlords, mortgage lenders, credit card companies, and other major service providers, although sometimes with limits. As with cash, checks also are widely accepted by other individuals. Paying by check can be a good way to avoid overextending your family finances and to build a good payment history. Checks also are good for people who just aren’t comfortable with newer forms of electronic payment, such as debit cards. Checks also create a paper trail that can be followed if there’s a dispute over who got paid or how much. If your bank doesn’t routinely return canceled checks but you need some for your records, you have a couple of options, according to Cynthia Bonnette, a bank examination specialist with FDIC in Washington. "You can make a special request for copies of checks, possibly for a fee," she says. "Or, if you bank at home by personal computer, your checks’ images may be offered as part of that service."
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