CX99W Financial Guide


Improve Your Credit Score

Improve Your Credit Score

In today’s world of economic turbulence your credit score is probably the most important support for your household economy. It can be used almost by everybody, beginning with the banks, to evaluate your applications for credit, through landlords regarding housing, insurance agents, even if you apply for a new job, there’s very few of employers who will not take a look at your credit score. With this in mind, you need to be sure that the information regarding your credit report is accurate, very precise and up to date. You can do that by monitoring your credit periodically. FTC says that is necessary at least once a year to check your credit report. There are even a couple law possible mechanisms for you to easy reach your credit report for free on a periodic basis. In the next article we will try to explain how to most easily overcome all obstacles related to credit score and annual credit report. If you are interested in UMP and are eager to learn more then visit
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Top 5 Credit Building Secrets

Improving your credit score starts with knowing exactly what your credit score is right now. So, first step is to obtain a copy of your credit report. This report contains your complete credit history, every financial transaction, what you bought, rented, leased, your loans, and payments to credit cards and utility companies. Everything is laid out showing the amounts, the dates, whom you paid, and, most important, if you paid on time as agreed. The good news is, you are entitled to a free annual credit report from each of the three major credit bureaus and there is only one government site where you can get these free reports. More on that in a minute. Check out this website on

1. Check your credit report for errors, mistakes, and charges that are not yours.

This is perhaps the fastest way to improve your score. You need to challenge anything that is not being correctly reported. It does happen. I caught errors and gained 10 points on my score immediately. If you find an error, contact the business or person who reported you to the credit bureau if you can prove the charge is not yours. Then, you challenge these errors in writing to the credit bureaus. Tell them your story. They will investigate and report back to you, usually within 30 days of your challenge. Once you clean up your report, sign up for a credit monitoring service. They are cheap, about $30 a year, and you get monthly reports plus immediate alerts when anything appears on your credit report. It is cheap insurance to keep an eye on your credit.

2. Get your payments caught up to date.

Look over your report. You will see what they call “aging.” Your payment history is shown in 30-60-90 day payment increments. Get those cleaned up first by paying them up to date and keeping them on time from now on. Late payments are the top killer of good credit scores. Every late payment causes points to be deducted. The next problem areas that show up is when collection agencies have been after you or you have gone bankrupt. Collections are a major problem that will take a personal phone call from you to make arrangements to clean these up. As for bankruptcy, that will be on your record for up to 7 years and you cannot get that erased. All you can do is counter-balance by building a new credit history that shows you are now a responsible individual.

3. Managing your income-to-debt ratio.

One of the biggest red flags to creditors is how much available credit you have compared to how much of that credit you are using. In other words, if you have $10,000 available to borrow and you have borrowed $8,000, you look maxed on credit. You need to borrow 50% or less of what you have available. Your credit limit is based on your credit score, income, average living expenses, and your history of paying your bills. It is a formula they use to calculate your score which is why you never want to max out your credit limit even if you pay your bills on time.

4. Don’t give your social security number immediately when applying for credit.

Every time a lender makes an inquiry into the credit bureau, it shows in your credit report. Multiple inquiries can look suspicious to potential creditors so here is what I do. When I apply for credit I do my research into interest rate, fees, and charges. If I like what I see, I will tell them everything they want to know except my social security number. The number I give them is my credit score and ask them to base my worthiness on all the information I have provided and on the score. If they say they will grant me the credit based on that information, I will then give them my social security number to seal the deal. This practice has served me well. No potential lender has ever had a problem with it.

5. It takes time to build financial health.

It takes time to build a great credit report and score. You begin with the foundation as outlined above in 1. and move on from there. It may take weeks, months, even more than a year to get your score to over 700 but it is worth the time and effort. Many financial options will open to you, that are now closed, when your credit history reflects your new ability to manage credit and debt.

Don’t fall for marketing hype. To get your free annual credit report go to or keep scrolling down.

To learn how to get your score over 700, visit Annual Credit Report Scam for Free videos, articles, and discussion to help you improve your credit score fast. It’s a Free blog. No signup for anything. Visit now.

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10 Questions to Ask About Your Free Annual Credit Report

In a world where spending is reduced and budgets are smaller than ever, the credit score can often be forgotten in place of everyday life events. Many consumers are hit with the reality of a lower than average score when they try to apply for new credit in some form. Keeping track of your history is important for establishing new credit, maintaining current low interest rates and keeping a hold on your worthiness. When choosing a free annual credit report, there are 10 questions many consumers have about these reports.

1. What is a free annual credit report? The Federal government ensures every consumer can watch their rating by forcing the three main credit agencies, Equifax, Experian and TransUnion to offer one free report each every 12 months.

2. Who are these credit bureaus? Credit bureaus are businesses that collect credit information based on the reports of their partners. These partners can include mortgage lenders, banks and utility companies to name a few.

3. How is new information reported? The lender keeps in contact with the bureau via computer. The lender chooses how often to report the status of the loan, but every 30 days is the most common report time frame.

4. Are all three reports the same? Each of the free annual credit reports will be different. Not every lender chooses to report account status to every bureau. In some cases, the credit score will differ greatly between the three which is why a combined, or average, score is often taken into account.

5. Who can see my free annual credit report? Only you can request the free file. However, in certain cases, others can see your credit information. If a consumer gives permission for a loan check to be run, the credit file will be accessed. Courts of law also have permission to access the credit file with due cause.

6. How long are files kept in regards to lender reports? The files in a credit history can stick around for as long as 10 years. Tax liens are shown for up to 15 years. Good reports normally remain on file for a minimum of seven years and requests for information drop after two years.

7. When is the first free annual credit report available? From the age of 18, a credit history will be available for every social security number in the United States. Often, these first reports have little or no information and may come with a lower than average credit score because no credit history has been established.

8. How often should I check my free annual credit report? Three files are available every year. One from each credit agency. While a minimum of one request a year is suggested, the consumer can choose to run one report every four months if they switch credit bureaus each time.

9. How is information on a credit file changed? If a problem is found on a report, the consumer will need to file a complaint. Once proof is found that the problem is not at the fault of the consumer, it can take 30 to 60 days, or more, for the information to be fixed.

10. Will be credit score be lowered by claiming the free annual credit report? No. When a consumer requests their own credit file, there is no affect on credit score.

11. Will the credit score be lowered by claiming the ­Free Annual Credit Report? No. When a consumer requests their own credit file, there is no affect on credit score.

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The Importance of Annual Credit Reports

At the end of every financial year, individuals get busy punching numbers into their computers to help them calculate their annual credit report. At these times, there needs to be a complete understanding of finances and all paperwork needs to be in order. After all, a credit report will be fundamental to all those individuals that require a solid base for their credit scores.

In times of trouble, such as the one which the world is experiencing now due to financial turmoil, there have been a number of contributing factors that have led to the downfall of the economy. Due to this, many individuals are finding it difficult to keep their finances in order which in turn is affecting their annual credit reports. In an attempt to assist these individuals with their needs, there have been a number of companies who have been looking for new ways in which they can develop the best of services in the online world. One such service that has taken the financial managing market by storm has been the annual credit reporting agencies that are set up with the sole intention of helping individuals find their perfect credit report company.

Residents of the United States have been filing interest claims for years without thinking of the affect it will have on their credit balances. This is where the annual credit report companies come in and assist them with formulating the best possible report for them to use to approach financing institutions. With the help of an annual credit report formulation, individuals will be able to get back on track with their finances and save money in the long run as well. Once this is achieved, it will slowly but steadily give rise to the development of world economy. The comeback of the world economy is currently hanging by a thread in the world of financial management and it is of dire importance that individuals find their perfect annual credit report company to help them generate the ideal report.

There are number of places where an individual can find their credit report agency but the best place known so far happens to be on the World Wide Web. There is a plethora of annual credit reporting agencies available in the online world that offer free credit reports to their clients. In order to take advantage of these credit management companies, it is requested that individuals seek the one which will be in perfect accordance with their requirements. The best way to scrutinize an annual credit report agency would be to read a few reviews which have been submitted by other diligent members that have used its service. Alternatively, there are testimonials and discussion boards where the quality of these annual credit report services can be found. These will play a vital role in electing a good, reliable and well accredited brand that is capable of creating a quality annual credit report.

There are many online services claiming to offer the best credit report for your money, however, I have found that only one consistently provides the most accurate information at an affordable price. is by far one of the best credit report companies on the web. Find out what your credit report looks like today.


How to Get Your Free Annual Credit Report

If you are interested in learning how to get your free credit report, you are in the right place. According to the Federal Law of the United States of America, each individual that resides in the country may receive a free copy of their individual credit report from each of the three bureaus that track and monitor credit in the country. It is important to understand that the agencies are not required to provide you with a numeric score associated with your report, only the report itself.

Being able to receive your free credit report is made possible by an official act from the government. This act is referred to as the “Fair Credit Reporting Act”. You are able to receive this report from the agency referred to as “Experian”, as well as “Equifax”. The agency that is called “TransUnion” also provides a free annual credit report. You may request your report only once from each of these agencies within a time span of twelve months.

When requesting your credit report for the year, there are many ways to do so. You may order it on the World Wide Web, or by mail. You may also use the phone to order your report. If you want to do this, you must call 877-322-8228. When ordering, you may request only one report from one of the previously mentioned agencies, or you may order from all three agencies at the same time. It is advised that you order from all the reporting agencies at once.

It is essential that you review all of the information contained in your annual credit report to ensure that the information is accurate. Millions of individuals are subjected to identity theft on an annual basis. By reviewing your reports, you will be able to determine if you have been subjected to this crime. You should look for accounts that you did not become associated with, and any other unusual transactions that are not familiar to you.

If you discover any unusual transactions on your free annual credit report, it is important to immediately begin the dispute process so that an investigation may be initiated into the issue at hand. You will need to send a letter to the reporting agency that officially documents the information that you are disputing. You should also include any information that validates the fact that the information that is showing is considered to be inaccurate.

It is very important to sign up for your free annual credit report from each of the agencies that report credit each year. Not only will it help alert you to fraudulent activity that involves your identity, it will also allow you to keep track of the delinquent accounts that you have that may affect your ability to acquire credit on future purchases. By keeping track of your reports, you may engage in practices that assist in correcting negative items on your annual credit report. You can easily enjoy the luxury of knowing that your identity is private and not being subjected to criminal activity.

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What is Annual Credit Report?

Annual credit report request form is required by an individual when he wants to check his credit ratings. It is very essential to avail the annual report due to numerous reasons the prominent among them is the detection of identity thefts. It shows in detail the repayment pattern of a consumer towards the lenders to which he owes money. It is the indicator of your borrowing and repaying habits for a particular year which acts as a guide for lenders while verifying your loan application.

Ordering individual company reports at different times during the year gives you a chance to monitor your credit report more frequently without having to pay for your additional reports. Ordering it can help you be aware of your credit power or in some cases your lack of power. Ordering your free report is the first step to taking charge of your financial situation. It sounds scary, but it’s not, the hardest part is getting started.

Checking your own credit, placing a fraud alert or subscribing to a monitoring service does not cause a hard inquiry. Inquiries stay on your credit report for up to two years. However if a lender or a credit card company checks your credit report, it goes down as a hard inquiry and may cost you five points.

Checking your score is necessary. Checking the information on your credit report on a regular basis can help in two ways. First, it can alert you to any fraudulent activity that has been taking place with your name or your accounts.

Check out our videos on identity theft and especially medical identity theft. Checking your credit reports should be good to tell you if everything there is OK. Checking your credit through the credit bureaus directly can cost you as much as $9 per report, although it differs from state to state. You can request that the report be mailed to you or obtain it online. (more…)