Are Credit Reporting Agencies Really Your Friend,

Having your identity stolen is no stroll along the beach. Getting your name cleared takes a lot of time and effort and sometimes money. Victims of identity theft often suffer months and even years after it occurs. It can seem like you’re the one doing the time even though you weren’t the one who committed the crime. To prevent your identity from being stolen, or to prevent further identity theft after your identity has already been stolen, you might consider freezing your credit report.

This is tricky. There is no actual listing of the repossession on your credit report.

Indeed, many business loans are not reported to the agencies. There are certainly plenty of protections requiring banks to furnish accurate information when they report, and to follow up on customer claims of inaccurate information. You can find more information on the Federal Trade Commission's web site. Search for Fair Credit Reporting Act (FCRA) and Fair and Accurate Transactions Act (FACTA). How long can a repossession stay on your credit report, This is tricky. There is no actual listing of the repossession on your credit report. There is a notation in relation to the debt owed.

Law enforcement; emergencies; compliance; other purposes permitted by law.

What does it mean if there is a judgment on your credit report, DETAILS% It means you owe them money. This is a very negative listing and should be paid in full or you should make payment arrangements. 25.00 a month. By not paying, you are distroying your credit! A judgment is an action rendered by the court against a debtor(s). The creditor may already have placed a lien against any real property the debtor owns, without the debtor having been informed. Service Providers. We work with third parties who provide services including but not limited to data analysis, order fulfillment, list enhancement and other administrative services. We may disclose personal information to such third parties for the purpose of enabling these third parties to provide services to us. Law enforcement; emergencies; compliance; other purposes permitted by law. Aggregate, Non-Personal, or De-identified Information. You have choices when it comes to updating your information, learning about new offers or products offered by us, our partners or affiliates.

• You’re subscribed to a credit monitoring service


• Your full name, including your middle initial any generational suffix (e.g. Jr., II, etc.)


• You want to protect yourself from identity theft


• Information you provide us through customer service correspondence and general feedback


• Your mail has been tampered with or stolen


• Your credit card number has been stolen

But since not all of your creditors report to all three of them, your credit bureau report is going to be different with each of them. The reason for explaining all of this is to help you understand that your credit bureau report almost certainly contains errors. Now comes the cascading effect. We may disclose information about you to affiliated and non-affiliated third parties. Affiliates. We may disclose the information that we collect to our affiliated companies to provide the products you request, to enhance our products to better suit your needs, and from time to time for marketing purposes. Business Partners. We may partner with other companies to offer you products or services or to fulfill the products or services that you order. We may disclose personal information and/or non-personal or de-identified information collected about you to such third-party partners for the purposes described in this Policy.

Some states also waive the fees for seniors over a certain age.

Some people are even cutting up their credit cards to prevent any unwanted debt from adding up on them without them thinking about it. Along with all of these things that are helping people to control their spending and keep track of their expenses, many people are actually checking their credit reports. 20 to freeze, temporarily lift the freeze, remove the freeze, or to replace your PIN (the personal identification number used to freeze or unfreeze your credit report). If you’ve been a victim of identity theft, there is no fee to freeze your credit report. Some states also waive the fees for seniors over a certain age. You must freeze your credit report at each credit bureau individually since there’s no way to freeze all three credit reports at once.