Negative items can be defined as any items listed in your credit report that are unfavorable to your credit scores. Even if one has several negative items that appear on their credit report, the scores can drop significantly, and it also becomes
How to Freely Obtain Your Credit Report Every Year A credit report means an account of your loans and how you have been transacting in the credit market. This is something that should be done every 6 months so that one can always check whether or
How to Apply for Your Credit History Report Your credit report is a comprehensive record including details on your credit accounts, loan payment records, collection activity, and bankruptcy among other pertinent occurrences. The three main credit
As we have seen, negative information including medical debts remains on the credit report for up to 7 years, read the guide below to learn how possible it is to remove it. Medical debts are therefore considered when calculating your credit score
It is very bad when one is suddenly faced with a large bill that he or she has little or no money to pay. You are already ill and on top of that, if a certain medical bill has not been paid and it is reflected on your credit report, then it is a
There are also drawbacks associated with having too many hard inquiries on your record; scores can be reduced. Each time you apply for a loan, credit card, overdraft, or any form of credit, the credit provider will assess your report to ascertain
For whatever reason, the credit provider of your credit application—including credit cards, auto loans, mortgages among others—is probably going to review your credit report. This results in a hard inquiry on your credit record, hence you should
A hard pull on credit is made every time a lender pulls your credit report in equally anytime you apply for new credit such as a credit card, auto loan, or mortgage among others. However, multiple hard inquiries within a short period are generally
TransUnion credit report obtained in once a year means that one gets an opportunity to analyze his or her credit history and possibly detect errors or fraudulent activities. Here is a guide on the process of accessing your free annual credit report