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Why can 1 credit bureau delete an item & not the other C

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sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1889

1356 Magic Points

Subject: cr

Fri Mar 14, 2008 2:32 am

Ok..this does make sense. Knowing I MAY have a better score, by ONE CB, than..perhaps...the other TWO, does make me feel a bit better!! LOL

carol

Joined: 27 Jun 2006
carol's page
Posts: 1307
Location: Los Angeles, California

29555 Magic Points

Fri Mar 14, 2008 4:44 am

Make sure all the CB's record good score for you. If you are working with a lender who works with another CB which reports a lower score, you might just get stuck there. It is really very important to to ensure the validity of all the reports.
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Keep in touch
Carol

charles.armbruster

Joined: 14 Mar 2008
charlesarmbruster's page
Posts: 27
Location: Mesa, AZ

1355 Magic Points

Fri Mar 14, 2008 6:41 am

Continuous quarterly review of your CB report will alert you to any fraud or theft incidents. And, speaking with a credit management professional will always help. This community is great -- you can ask questions and get some direction. However, researching the wealth of information out there can be tough!

Try to be as specific as possible with your facts when asking questions, too.

sdchargers_63

Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1889

1356 Magic Points

Subject: cr

Fri Mar 14, 2008 1:37 pm

I know there is a FREE way to get your CR's (only once a year..however)......Annualcreditreport.com. However....if you want to get it every quarter, don't you have to pay for the services? I guess if you really want/need to see it, people would pay the small fee.

charles.armbruster

Joined: 14 Mar 2008
charlesarmbruster's page
Posts: 27
Location: Mesa, AZ

1355 Magic Points

Fri Mar 14, 2008 5:40 pm

You are correct -- actually individuals can receive one (1) free credit report from each of the three (3) credit bureaus, annually. So, smart folks can inspect their status by way of the credit report every four months, every year, for free.

Credit monitoring services essentially do this for you, for a fee. There are management services that will counsel you and your credit stance to keep your scores as high as they can be, and they help you to be lightly pre-qualified for the best rates and the largest loan amounts, whether it be cars or homes or whatever installment loan you are needing.

There doesn't seem to be a 'GOOD HOUSEKEEPING SEAL OF APPROVAL' to sort out all these credit monitoring oufits, but I wouldn't touch one of them -- they simply direct information to you, and they can't legally discuss your particular circumstance with you. Only lawyers and mortgage professionals can legally pull your credit and review it with you. Mortgage professionals who offer products like ApprovalGUARD credit management services can help folks improve their credit scores by analyzing their quarterly reports.

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4285

127 Magic Points

Fri Mar 14, 2008 10:56 pm

I myself wouldn't want to deal with them or pay the fees associated with it. If you have access to free credit monitoring yourself why bother paying for it.

charles.armbruster

Joined: 14 Mar 2008
charlesarmbruster's page
Posts: 27
Location: Mesa, AZ

1355 Magic Points

Sat Mar 15, 2008 5:14 am

True -- you can FSBO sell your own home, too. Also, people will often employ a credit repair agency when a certain time-frame (for a purchase, say) is important to them.
There really is a 'sea' of information out there for personal credit management. Some folks feel more comfortable 'swimming' through it with a coach.
When credit score is important to you, as when refinancing a home, credit & liability management can do wonders for those needing direction.

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4285

127 Magic Points

Sun Mar 16, 2008 2:04 pm

With all the negativity surrounding them I just thought of them as kind of like junk debt collectors. If there is hope out there through one of these agencies which one od the credit managing companies would anyone suggest?

charles.armbruster

Joined: 14 Mar 2008
charlesarmbruster's page
Posts: 27
Location: Mesa, AZ

1355 Magic Points

Mon Mar 17, 2008 5:24 pm

There are many, but the only one I know well is one I personally work with -- Guidelines & Rules violation--Morningstar

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4285

127 Magic Points

Tue Mar 18, 2008 12:13 am

Wow that sure is alot to offer. I am definately looking into that one. It helps to have people who have used a service to recommend one. It saves time and money so you don't waste it weeding out the bad ones. Thanks

anthony

anthony

Joined: 31 Jul 2006
anthony's page
Posts: 516

13571 Magic Points

Tue Mar 18, 2008 11:53 am

Is advertising allowed like that? I am not sure.
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Anthony Marx

A positive attitude is not achieved by turning a blind eye to the negative, but rather by responding to every situation in the most positive way possible.

Morningstar

Joined: 17 Apr 2007
Morningstar's page
Posts: 582

11 Magic Points

Tue Mar 18, 2008 5:23 pm

No, but to do so through private messaging is ok.
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I don't dream since I quit sleeping

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4285

127 Magic Points

Wed Mar 19, 2008 12:39 am

Sorry I didn't relize i was in the middle of an adwertisement. Really hope I didn't do anything wrong. Thanks for informing me.

Laura

Joined: 21 Jun 2007
Laura's page
Posts: 1334

35466 Magic Points

Wed Mar 19, 2008 10:17 am

Infact the poster also did not realize that. Hi Charles, thanks a lot for your help. We appreciate it but alas we have to follow the guidelines as well. But do you really need a credit management company?
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Regards,
Laura.

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4285

127 Magic Points

Wed Mar 19, 2008 10:44 pm

I see you can really get a lot of money tied up in identity protection. I checked out a sit that was recommended www.optoutprescreen.com. They keep you from getting prescreen invitations to credit that apparently add soft injuries to your credit score. They want a monthly payment there too. I know that it is very important to protect your identity but with everyday living prices astronomical most of us can't add even more to their budget. They need to set something up that doesn't charge. Kind of like how they did the do not call list. In the end I think if you are truly strapped and just can't afford it your best defense is using the three free credit reports and checking yours every four months.

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