INFORMATION CENTER News and Articles about Credit Cards
Credit-Card-Analyzer.com presents the Information Center. Read our fresh news and smack the juicy topics! You will discover the latest credit card events here. We cover such problems as credit after bankruptcy, getting good and bad credit, student credit cards and other no credit card deals.
 |
Articles about Credit Cards |
Articles List...
|
 Bad Credit History |
Bankruptcy |
Business with Credit Card |
||
| Choosing Credit Card |
Credit Card Rewards |
Credit History |
||
| Security and Protection |
Traveling with Credit Cards |
Understanding Credit Cards |
||
| Using Credit Cards |
Can You Dispute the Information on Your Credit Report?
[06/17/2008]
In case you get your credit report and find out some inaccuracies, it is in your power to dispute this information and do what it takes in order to correct your credit report and get credit card deals that you really deserve! It is your legal right to dispute the information on your credit report as you are protected by Fair Credit Reporting Act. According to it, all credit agencies have to make the investigation in order to clear up the case. If the information on your credit report is found to be wrong, it will be removed from it or it will be corrected during 30 days.
The next time you get your credit report, pay close attention to the common areas where mistakes are often found.
For example your creditor charged you a fee for a late payment, but you are completely sure that you made the payment on time. You can get the late notation removed from your report in case you have statements or cancelled checks that show the date when the checks where cashed.
You also have to look at the information and see if it is up-to-date. All the negative information can stay on your report only for 7 years, with exception of Chapter 7, which is bankruptcy.
Check out all the accounts, because you can find the ones that you didn't open. You can be a victim of identity theft or your account information may be mixed up with the information of someone with a similar name.
You may wonder how you can file a credit dispute. First of all it is necessary to do it in writing. Remember that according to Fair Credit Report Act, credit reporting agency has only 30 days for investigation and coming to the conclusion on the case. After this time you will receive the results in a written form and a copy of your credit report.
It is wise to enclose a photo copy of your report to your letter. You should circle the disputing info and number it. In your letter you should explain why you dispute each piece of information.
Make sure that you include the following information: your name and address, your SS#, your date of birth, the name of your creditor and your account number (the one you dispute). Don't forget to sign your letter!
If the mistake seems to be rather simple, you can contact your creditors directly and let them know about incorrect information on your credit report. If the information will be indicated as inaccurate, it will be removed from your credit report or corrected.
It may not always be easy to dispute the information on your credit report all by yourself, so you can always ask for a help of specialists, like the National Consumer Assistance Center or contact the office of your Attorney General.
If you think that you do not deserve to have bad credit and low credit score and wish to have only best credit cards, you do have a right to dispute the information on your credit report!
Copyright © 2010 www.Credit-Card-Analyzer.com. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
 |
COMMENTS |
Back To Top...
|
|
If you have something to say, please leave your comments below... |
Back To Top...
|
|
News about Credit Cards |
View all News...
|
The economic recession affected not just financial sphere, it also affected politics, and even education. The US government hurled pretty much all effort into surmounting the crisis and restoring the economic sector. Other sectors are paid less attention at the moment. But New York State Authorities try to control all sectors and departments and react to the emerging problems on time.
The Governor of New York David A. Paterson announced the upcoming launch of a low-cost student loan program created to help 45,000 students of public and private colleges in New York State cope with tuition increases and secure credit. The final version of the program is still being discussed. But its appearance is just a matter of time.
Comments (0)...
As the financial crisis keeps raging, banks and credit companies are incurring more losses and desperately trying to get back on track. The governmental financial rescue programs do not seem to bring the banking sector any significant relief so far. And banks try to handle problems on their own.
No secret and no credit card news to anyone that in the attempts to make it up for the losses, banks raise interest rates on loans, cut credit lines, charge higher fees and tighten lending standards. Business loans, mortgages and credit cards became harder to qualify for. The latest quarterly survey conducted by the Federal Reserve shows that banks have tightened standards even more over the past three months.
Comments (0)...
The US economy slowdown and credit crisis have had American consumers by the leg. Everyone tries to deal with this difficult situation in their own way. Some people do their best to pay off credit card outstanding balances as soon as possible, so they do not accumulate additional interest. Some consumers try to reduce their plastics use frequency. Others just give up paying with credit cards.
According to the results of the recent survey, about 10% of American credit consumers have been spotted taking out cash advances on their plastics more often than in the past. High balances, as the survey showed, have become a heavy burden for cardholders. Who can save the situation? Americans anchor their hopes on the future President. Who they find the best candidate to fix the US economy?
Comments (1)...