There are several things you can do to restore your credit. The essentials are paying everything on time, lowering your balances to increase your debt to limit ratio, and removing negative items off your credit report. The Fair Credit Reporting Act allows consumers the right to dispute anything on their credit report they believe to be inaccurate or erroneous.
There are no legally established parameters on this matter. The individual Credit Reporting Bureaus are private corporations which maintain their own internal criteria for these things.
You can write to the credit reporting agency with all the facts and they should be able to remove the items. Be aware though that some things stay on for 10 yrs.
The company Gutter Helmet markets to consumers a better way to protect their gutters from leaves and other things The Gutter Helmet is a cover for the gutters on someones home to keep leaves and things from clogging the draining system.
Um, it's usually supplies and good things you need. It's like a credit card but then a consumer credit card is not secured. So there's pretty much no difference between what you buy with a credit card and a consumer credit card. Except the consumer credit card is not secure.
The primary targets of President Roosevelt's reform were corporations, conservation, and protection of consumers.
You can always dispute these things, but proving the rating wrong will take you providing proof to the credit reporting agency. Better yet, get a Trac phone and have a phone number available.
In general, for personal credit Experian is the easiest to work with and get things done quickly. The other two seem to lag behind. Of course business credit for any industry is based on personal... its very hard to develop business credit without using a personal history.
You can sue ANYBODY for ANYTHING............winning is another story. 04/13/07 - Yes, you can sue them..problem is, you won't get much. There are limitations on the fines. Instead of suing them for false reporting, you have to go after them for defamation..etc. I had all three credit reporting agencies that kept putthing things back on my report after they were provided proof that the debt was not mine. We ended up in court and I ended up with $36,000 in my pocket. The information never showed up again. :o)
things that eat other things
The credit card company should be reporting each month whether your mom pays her account on time or is late. The "only if it is negative" refers to things such as hospital/phone bills, etc. But with revolving credit they absolutely should be reporting. I am not sure who exactly you should contact; perhaps the Better Business Bureau first. If they can't help they should have information on who can. If you are an authorized user on your mothers account, your credit score should not be effected if the account becomes delinquent. If this account shows up on your credit report you can dispute it with the major reporting agencies: Experian, Equifax and Transunion. Both answers above are misleading. There is no federal or state law that compels or requires credit reporting. It is not only a voluntary activity, but one that Data Furnishers have to pay for. Therefore, it is their decision (often business policy) whether or not to report and how often. If your particular AU account is not reported, there is nothing illegal about it and no one to complain to. But, a good idea would be to check reporting policies PRIOR to being added as an AU. If your goal was to add credit data to your consumer file, a non-reporting creditor was not a good choice.
The monthly cost of becoming a member of EConsumer Equifax can differ from person to person for a variety of reasons. When combining credit reporting data, EConsumer Equifax takes into account many things, including credit data.