LOCAL BRIEFS Jun 19, 2009
Credit reports workshop set. District 1 sets celebration for Saturday. (Herald Sun)
Fixing credit report errors can be nightmare Jun 17, 2009
One of the big questions out there is how accurate are credit reports and what is the incidence of error ... A Government Accountability Office 2004 survey of 1,578 consumers nationwide found that just 58 percent had ever looked at their credit reports, and fewer than half of them had done so in the previous year ... That s when Mueller first requested copies of her credit reports from the three major reporting bureaus: Equifax, TransUnion and Experian. (Atlanta Journal-Constitution -- Metro)
Singletary: Recession strikes hard Jun 17, 2009
Rose suspects it has something to do with the recent fraud alerts he placed on his credit reports after his wallet was stolen. It s been frustrating, to say the least, Rose said. (Green Valley News & Sun, AZ)
County officials put off ambulance collections decision Jun 17, 2009
The debts are not placed on residents' credit reports and aggressive telephone tactics are not used for collection. Peterson also said if the board decides to move forward in hiring a collection agency, he'd like to see county officials add a new level of regular review to the accounts on its "bad debt" list before they're turned over for collection. (Daytona Beach News Journal -- Local)
Grant provides boost for first-time Terrell homeowners (8) Jun 17, 2009
Applicants must qualify for the funds before they can be delivered, and Zajac said the city would check credit reports and job histories before awarding any of the funds. But the funds could be a great help for those who qualify, according to local Century 21 affiliate Lee Schaeffer, and could also spill over into home building and home supply industries as well. (Terrell Tribune, TX)
Auto loan delinquencies jump in 1st quarter Jun 16, 2009
TransUnion compiles its data by randomly sampling records from its database of 27 million consumer credit reports. Taken together, the figures indicate continued struggles to pay household bills as the unemployment rate jumped from 7. (MSNBC -- Business)
Read 'Cost of Freedom' recap Jun 16, 2009
Jonas Max Ferris: Just when you thought the credit crisis was going to reduce demand for credit reports along comes the story that employers are more frequently checking your credit report before giving you the job or not. Therefore I am picking the holders of the FICO brand name of credit reports FIC because people are going to need more and more and more credit checks to make sure they can get a job in this tough economy. (Fox News)
Users are cut off by Advanta Jun 6, 2009
Small businesses will have to come to banks with great credit reports and a solid business plan with a focused strategy and just hope for the best. jblumenthal@bizjournals. (Philadelphia Business Journal, PA)
State privacy law not hurting banks, feds say Jun 6, 2009
The bankers' suit claimed the California statute clashed with a federal law that set nationwide standards for regulating consumer credit reports. In a September 2008 ruling, the Ninth U.S. Circuit Court of Appeals in San Francisco said the federal law's ban on state regulation is limited to consumer reports, information that involves a customer's fitness for credit, insurance or employment. (San Francisco Chronicle)
To Your Wealth: Debunking credit score myths Jun 4, 2009
Various studies indicate that a large percentage of credit reports contain errors. Some errors are serious enough to cause you to be denied credit. (Racine Journal Times, WI)
Beware Debt Relief Rip-offs Jun 3, 2009
What's more, credit reports will reflect derogatory information, including assessed late charges and non-payment of debts, and consequently credit scores will be adversely affected -- again -- exactly what the Meltons say they went through. It's also a good idea to run credit fix-up companies by the Better Business Bureau, Miller says. (CBS News -- Early Show)
Improve your credit score Jun 3, 2009
About 80 percent of credit reports contain errors so it's vital that you check both your credit records (you can get them from for a small fee) before applying for a loan. The most common errors to look out for are accounts that aren't yours (possibly indicating identity theft), incorrect information about your accounts and information that is too old to still appear on your record (all judgments against you should be removed after five years while unfavourable information can only be kept for... (iAfrica.com)
References go far at Aaron’s Jun 2, 2009
There are no credit reports for this lease-to-own business ... Its default rate is much lower than for many businesses that rely on credit reports ... Obviously, credit-card firms cant operate without credit reports. (Atlanta Journal-Constitution -- Business)
Acxiom Finds AssureSign Electronic Signature Technology Efficient Solution for Employment Screening Authorizations Jun 2, 2009
Acxiom provides legally compliant reports, including 100 percent in-person/real-time criminal record checks, fingerprinting, drug testing, credit reports, verification services and driving records. Especially for companies with large employee populations dispersed across many locations, Acxiom has reduced employee turnover and related costs by up to 50 percent while also saving hundreds of thousands of dollars in employee theft annually. (Yahoo News -- Press Releases)
Washington's attack on mortgage fraud Jun 1, 2009
-- Other widespread forms of home loan fraud include faked employment verifications, misinformation on closing or escrow documents, and credit reports or scores that have been manipulated in some way to get unqualified borrowers approved, or lower interest rates, or both. Top 10 states for fraud. (San Francisco Chronicle)
Changes come to charging May 31, 2009
Allison said that all depends on how much emphasis banks put on credit reports, if it will be harder or easier to qualify, how much credit will be given and if credit lines are reduced. "In general, we feel it's a good thing for consumers," said Ben Woolsey, director of marketing and consumer research for CreditCards. (The Clarion-Ledger)
Parents now have the power to keep young adults out of credit card debt May 31, 2009
One missed payment and you get the bad mark on your credit reports. You get hounded for the payments. (Boston Globe)
Judge to rule by Monday on sale of Chrysler assets May 30, 2009
1st Step- Get Free Credit Reports oring during Bankruptsy Now. Get out of debt today, NO credit checks, NO home ownership required. (Yahoo News -- Press Releases)
Experian gets judgment against LifeLock May 30, 2009
LifeLock charges customers $10 a month to place fraud alerts on their credit reports whether or not there has been any suspicious activity. The alerts, which last for 90 days, are renewed under the LifeLock subscription. (Phoenix Business Journal, AZ)
7 Great Freebies You'll Actually Use May 29, 2009
Credit reports With identity theft rampant, you should keep tabs on your credit report. By law, you are entitled to one free credit report each year from each of the three main credit bureaus. (W-USA News, DC)
2 Indicted In Children's ID Theft May 29, 2009
Since kids don't typically have credit reports, court documents say the men added lines of credit to bolster the reports and scores. The price the men charged per number, according to court documents, was $875. (Click2Houston, TX)
GM all but certain to file for Chapter 11 May 28, 2009
Be Smart- Get Free Credit Reports oring during Bankruptsy Now. If You're Going To File For Bankruptcy, You Must Read This Info First. (Yahoo News -- Top Stories)
Full Story» May 28, 2009
Be Smart- Get Free Credit Reports oring during Bankruptsy Now. Featured. (Yahoo News -- Technology)
GM days from possible bankruptcy protection filing May 28, 2009
Be Smart- Get Free Credit Reports oring during Bankruptsy Now. Professional debt settlement advice - free consultations 24/7. (Yahoo News)
Chrysler faces more hearings to get Fiat deal OK'd May 28, 2009
Be Smart- Get Free Credit Reports oring during Bankruptsy Now. Our Pros Will Modify Your Loan And Save Your Home. (Yahoo News -- Technology)
Personal loans riskier but have high interest and growth potential May 26, 2009
CCRIS essentially collects credit information on borrowers from banks and furnishes that information collected back to them in the form of online and printed credit reports upon request by the banks or the customers. The challenge is for consumers to look beyond the various marketing campaigns and find a suitable product in terms of reasonable and fair pricing, ease of application, fast turnaround, flexible features and credit terms, Lim said. (The Star Online, Malaysia -- Business)
State suing mortgage lender for abandoning consumers' info May 26, 2009
That information included consumers' loan account information, wages, credit reports, bank account information and Social Security numbers. The state sent a letter in October informing Shepherd to protect the records but said it has received no response. (Columbus Business First, OH)
'In The Black': A financial how-to with African Americans in mind May 26, 2009
Order your credit reports and read them carefully for any errors and make corrections. Find out what you're earning in interest on savings and checking accounts. (USA Today -- Money)
What You Need to Know Before Buying a Car May 24, 2009
"Through a simple check of their credit reports and scores, many consumers are likely to find that they're in a solid position when it comes to cashing in on these troubled-economy car deals," says Lucy Duni, vice president of consumer education at TrueCredit ... Shopping your loan with multiple lenders over a several weeks will generally have the same net effect on your credit reports as checking only with one lender. (Atlantic News-Telegraph, IO)
6 money fixes you should consider now May 22, 2009
You can obtain three free credit reports annually, one from each credit bureau, at. Correct errors and omissions listed in your reports. (AZCentral -- Business)
Electronic Privacy Information Center: Privacy May 22, 2009
Congressional proposals to increase wiretapping, revise government guidelines on investigating domestic political groups and obtain easier access to credit reports and transactional information ... What the FTC has done (or not done) on protecting privacy on the net and with credit reports. (Yahoo News -- Online Privacy)
Key provisions of credit card reform bill May 21, 2009
Credit reports Advertisements for free credit reports must disclose that free credit reports are available under federal law at. Issuance feesIssuers cannot finance fees and charges for opening a credit card where the fees and charges total more than 25 percent of the credit limit. (MSNBC -- Business)
Palm Beach County school district cop charged with stealing identities of 20 teachers, students May 21, 2009
He also said several people had been "really stung on their credit reports," but that prosecutors had not been able to draw enough of a paper trail to file charges. Kelly, who went on paid leave in February from his $45,603 position, remains that way, the school district said this morning. (The Palm Beach Post)
Check on taxes before picking the home to sell May 18, 2009
We are planning to refinance another property this month and are concerned about the impact that a $250,000 line of credit (although not at all used) may have on our credit reports. I have contacted the lender three times over the past 30 days to close this account, as we never signed papers for it, but am running into a wall, with someone always acknowledging that they don't have signed documents and promising that they'll "research it" and asking me to call back in seven days. (San Francisco Chronicle -- Business)
Lodi woman accused of bilking $1.1 million from employer (2) May 18, 2009
IMHO wrote on Jan 16, 2009 12:14 PM:" Sadly, this type of activity seems to becoming more and more frequent. There was another story in the Stockton Record of a woman who embezzled over $500K. So, small business owners beware, do background checks & do credit reports if you are hiring a bookkeeper. At my work we had a former employee use the owners CC to pay her bills while she was out on medical leave. She, of course, claims she 'must have scr*wed up" while entering data. We also discovered... (Lodi News Sentinel, CA)
40 Nigerians Arrested In US Over Alleged N1.7 Billion Credit Card Scam May 16, 2009
" Brown noted that as part of the investigation, court-authorized search warrants were executed earlier in the week in New York at 17 locations and resulted in the recovery of forged credit cards, credit reports, machines used to stamp credit card account information onto cards and nearly $100,000 in cash. According to the statement, some of the defendants are alleged to have activated consumers' credit cards by utilizing "Spoof Cards" which allow a caller to disguise the telephone number... (Guardian News, Nigeria)
Upper County real estate: 'It's a good time to buy' May 14, 2009
I ve had buyers in with credit reports of 850, with great credit and still couldn t get any cash. When the market was good, she says, there was an abundance of real estate agents. (Ellensburg Daily Record, WA)
Robbery Forces Taxpayers To Rewrite Checks May 14, 2009
Ewing said he encourages people to monitor their credit reports if they received one of his letters. Its an unfortunate situation, he said. (7 KETV Omaha)
How to Improve Your FICO Score May 14, 2009
Check Credit Reports for Errors. The Consumer Data Industry Association estimates that as many as 3 per cent of credit reports contain errors ... Always check credit reports for errors and be sure to get these corrected. (Suite101.com)
Byte Software Announces Software for the Home Affordability Modification Program May 11, 2009
The software can be used to order credit reports, property valuations, fraud detection reports, and title services ... Headquartered in Columbus Ohio, CBCInnovis provides solutions such as credit reports, property information services, receivables management, fraud detection, employment and resident screening, and loan application processing software services. (Yahoo News -- Press Releases)
Who’s Watching The Watch Lists? May 9, 2009
Sounds similar to the way credit reports are handled doesn t it Bob. All of these lists should be accurate and the keepers should be liable for damages to persons harmed by this reckless abuse of innocent people. (Atlanta Journal-Constitution -- Opinion)
5 costs of buying a home you didn't consider May 8, 2009
These are service fees charged by the lender, and could cover items such as credit reports, appraisals, documentation and administrative costs. The total expense will vary depending on where you live and your particular situation. (MSNBC -- Business)
Financial aid data at KCC may be at risk May 6, 2009
Officials urge those who believe their financial information may have been compromised to view their credit reports, review bank and credit card statements and contact financial institutions. Reach Suzanne Roig at. (Honolulu Advertiser)
Demystifying ID Fraud May 6, 2009
These include changing account passwords and PINs, placing a fraud alert on credit reports, and reporting the crime to authorities. The , the , and The Privacy Rights Clearinghouse's have more information. (CBS News)
226 Confirmed U.S. Cases of H1N1 May 4, 2009
R News: As It Happens, Where It Happens. by R News Staff File photo Published May 03, 2009. (R News)
Imagine: RIT Festival Draws Large Crowd May 3, 2009
R News: As It Happens, Where It Happens. RIT Green Vehicle Challenge. (R News)
Search Resumes for Missing Fishermen May 3, 2009
R News: As It Happens, Where It Happens. Riverside Park in the Village of Clyde. (R News)
Clearing up financial misconceptions May 3, 2009
Myth: Free credit reports are free. That isn't always the case. (AZCentral -- Business)
Newsweek: How great credit helps you in a recession May 2, 2009
He disputed the errors and simply waited until the worst of his problematic accounts disappeared from his credit reports; that can take seven years. Then he started studiously building up a bigger, better history, applying for credit cards but using them only minimally and always paying his bills on time. (MSNBC -- Business)
USPS Probes Security Breach May 2, 2009
It also cautions customers to review their credit reports for any inaccuracies, to report any errors or suspicious activity to creditors as soon as possible, and to contact the United States Postal Service if they believe their personal information may have been compromised ... Monitoring of all three of your national credit reports every day ... Review Your Credit Reports Carefully When you receive your credit reports, please review them carefully. (CBS News)
ConsumerMan: Credit score Q&A May 2, 2009
Annual credit reports are available at no charge. These scores are so important, why aren't they free as well. (MSNBC -- Business)
7 ways to quickly improve your credit score Apr 30, 2009
Remove errors: As much as 80 percent of credit reports have at least one error, according to bankrate. com. (Atlanta Journal-Constitution -- Living)
Prepare Your Financial Umbrella to Weather the Economic Storm Apr 29, 2009
Know What Employers Are Seeing -- Monitor your credit reports to keep tabs on your credit history. If you lose your current job and need to seek new employment, your credit report is one of the factors that potential employers might check. (Ontario Argus Observer, OR)
McAfee Launches Cybercrime Self-help Site Apr 29, 2009
By Erik Larkin - Tue Apr 28, 2009 2:11PM EDT. Add articles about technology to your My Yahoo. (Yahoo News -- Technology)
Debt disasters: Part 2 Apr 28, 2009
Every time you fill out a credit application you are giving the credit provider permission to access your credit reports. When they access your credit reports this fact is recorded in your credit records as an 'enquiry. (iAfrica.com)
Getting defensive with identity theft Apr 20, 2009
Finally, he said, people should get into the practice of viewing their free annual credit reports, which may be obtained at , just to make sure theres nothing there that didnt come from them. Your View - Comment on this Story. (Carlisle Sentinel, PA)
Danvers More Senior News Apr 18, 2009
If you are uncomfortable with Internet security, you can order your credit reports by phone or mail. For a copy of your credit report from the major credit bureaus, contact: Equifax, 1-800-685-1111; Experian, 1-888-EXPERIAN (397-3742); TransUnion, 1-800-888-4213. (Danvers Herald, MA)
Mall operator files for bankruptcy protection Apr 16, 2009
1st Step- Get Free Credit Reports oring during Bankruptsy Now. Chapter 13 Laws Have Changed And You Need To Know If You Qualify. (Yahoo News)
ID theft protection not always a bargain buy Apr 12, 2009
Many firms examined by the report only monitored credit reports or just put fraud alerts on credit files things consumers can do themselves for free. Some firms monitor credit reports from just one reporting agency, not all three; others don t monitor them at all ... Justin Yurek, president and co-founder of ID Watchdog, said there are types of identity theft that never show up on credit reports. (Atlanta Journal-Constitution)
More of this story» Apr 10, 2009
U.S. PIRG's Mistakes Do Happen: Credit Reports Errors Mean Consumers Lose, found that. 29 percent of credit reports contained serious errors - false delinquencies or accounts that did not belong to the consumer - that could result in the denial of credit ... 41 percent of credit reports contained personal demographic identifying information that was misspelled, long outdated, belonged to a stranger or was otherwise incorrect. (Dowagiac News, MI)
National, local events are signs of the times (301) Apr 10, 2009
First, contact your bank to place a fraud alert on your credit reports, and review your credit reports. A fraud alert can help prevent an identity thief from opening any more accounts in your name. (Atmore Advance, AL)
ID theft risk sends cautionary signal Apr 10, 2009
In the event of a computer breach that has put personal data at risk, potential victims are urged to obtain free credit reports and monitor for unusual activity. Also, individuals are advised to place a fraud alert on their credit files, so that creditors contact them before opening new accounts or changing existing accounts. (Honolulu Advertiser)
Checks and imbalances in Lawrence snoop scandal Apr 10, 2009
Lawrence police have urged all affected to get updated credit reports and examine them closely. If the list were confined to celebrities, one could dismiss it as a harmful but meaningless prank. (Boston Globe)
Two Mortgage Terms Often Misused in... Apr 8, 2009
There has to be a, where all three major credit reports are displayed with all three credit scores. Usually, the middle score of all three is the determining score. (Suite101.com)
Man charged in nursing home killings says he took ‘nerve pills,' remembered nothing Apr 8, 2009
Also seized from Stewart's home were several credit reports. Stewart, a former house painter, had been struggling financially, according to court documents, and at one point declared bankruptcy. (Herald Online, SC -- Lifestyles)
