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Fair Credit Reporting Act?

US Cutie asked: Hi, I’m 22 years old and I don’t work (i’m an online student) and I live with my parents. 3 days ago I tried to open a basic bank account online(MyAccess Checking and Regular Saving), and they ask for minimum $25 for each and I paid them by my father’s Credit Card. [...]

Posted January 21st, 2010 in Law & Ethics | 2 Comments »

Your Access To Free Credit Reports

Ben Cortese asked: The Fair Credit Reporting Act (FCRA) requires each of the nationwide consumer reporting companies – Equifax, Experian, and TransUnion – to provide you with a free copy of your credit report, at your request, once every 12 months.That’s right; you are entitled to receive one free credit report every 12 months from [...]

Posted August 2nd, 2009 in Finance | Comments Off

Can free background check website be used instead of legitmiate credit check for rental denial?

Allen asked: Potential landlord is using some background check website, getting anything from 20% to 60% liklihood that each of 16 negative results actually applies to the applicant, using name only, not cross refferrencing with soc sec # or DOB, or anything else, and basing decision to rent or not to rent, or to double [...]

Posted June 2nd, 2009 in Renting & Real Estate | 6 Comments »

Free Credit Report: How To Get It

Jay Delgado asked: You have the right to obtain one free credit report a year from each of the major credit reporting agencies: Equifax, Experian and TransUnion. Reviewing your free credit reports each year can be extremely beneficial when it comes to protecting and improving your credit standing. If you have not taken advantage of [...]

Posted May 25th, 2009 in Credit | Comments Off