The Charges Off is a negative entry on your credit report that should be eliminated as soon as possible. This indicates that having charge offs on your credit report could lead to a big drop in your credit score. A charge-off is a process through

Accounts with charge-offs on them will pull down your credit score and it will be very challenging to get approval for an auto loan, home mortgage, credit card, or any other loan. Charge-off is when you are unable to pay the amount owed back to the

Where to obtain a Credit Report A credit report is a record of the consumer’s credit history that summarizes important factors such as the payment history, amount owed, credit history length, new credit inquiries, and others. This information is

Introduction Undoubtedly, it is rather irritating to have collections reflected in your credit report. This occurs when one has not paid a certain bill and the initial holder of the bill has let go of the responsibility of collecting the money from

Introduction This is quite normal especially if you have been in credit for many years and the accounts have been closed. But active closed accounts on your report can affect your score in the wrong way in some other cases if they are maintained

Introduction Credit inquiries are also said to lower your score, especially if they are a lot within a short period. Excessive inquiries shall make you look instinctively in search of new credit and this will reduce your score. Luckily, there is a

Introduction Included in the credit report, hard inquiries are when a company takes your credit for consideration, mainly when you apply for credit such as credit cards or loans. Consequently, if the issuer receives too many hard inquiries within a

Get a Free Credit Report Your credit report includes information about credit cards and loans that you have as well as information related to accounts. It also incorporates your credit history and credit record, which refers to your ability to meet

Free credit reports from each agency are available once every 12 months. A credit report gives details on an individual’s credit history in terms of the ability to pay back the credit, outstanding balance, amount of credit utilized, and other