Do not wait for your reports anymore. Washington consumers should expect fewer technical glitches but more product pitches this year when they request copies of their free annual credit reports. Consumer advocates and the Federal Trade Commission said that the process is become smoother a little easier than last year, when state residents were among the first eligible for the free reports from the three major credit bureaus. The Federal law now allows every consumer to be given access to a free credit report every 12 months from each of the national credit bureaus i.e. Equifax, Experian and TransUnion.
January 20, 2006
Credit reports – process becomes easier
January 13, 2006
Fair is foul and foul is fair
Values and practices change over a period of time as man progresses. People who are punctual in bill payments, are debt free, instead of being appreciated are considered high-risk persons and the opposite is true. Today being loan free is no virtue whereas you should have regularly cleared loans, only then are you considered credit worthy. Lopsided parameters are used in judging future requirements especially when you are calculating insurance premiums. You are debt free, hence a liability; you have debts hence an asset. Need we have such Credit Reports with yawning credibility gap?
