Credit 101

Laws that Protect Your Credit

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FAIR CREDIT REPORTING ACT If inaccurate information is found to be reported on your credit record, you should refer to the Fair Credit Reporting Act. This is a federal law that regulates such matters. It holds credit reporting agencies accountable for handling credit data fairly. Experian, Equifax, and TransUnion are the three most used credit […]

Credit 101

How your Creditworthiness is Factored

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Your credit record consists of a credit report and credit score. Credit lenders report your payment habits to the credit bureaus as well as account status updates. This is the main content that is recorded on your report. Other content includes your name, address, employment history, etc. The details listed on the report effect your […]