Articles

What is the fair credit reporting act and what you should know - Ping

The Fair Credit Reporting Act (FCRA) and the recent update to this law called the Fair and Accurate Credit Transactions Act (FACTA) protect consumers against inaccurate information being reported by credit bureaus and the privacy of that...

What to do about negative information in your credit report - Ping

Negative information concerning your use of credit can be kept in your credit report for seven years. A bankruptcy can be kept for 10 years, and unpaid tax liens for 15 years. Information about a lawsuit or an unpaid judgment against you...

Why getting your credit report can save you from bankruptcy - Ping

If you have bad credit are not really sure if your credit score is good or bad, you should get a copy of your credit score. The average person will have to get a copy of their credit report sooner or later if they want to get pre approved...

What is a credit report? - Ping

For most people having good credit is a necessary part of their financial well being. Your credit history has a large impact on the ability to receive a mortgage, car loan and credit cards. Most of time your credit rating is based and...

Why getting a copy of your credit report is important - Ping

Your credit rating, like a report card of your credit history, is important when determining your economic status. When your credit rating is good, can easily obtain a loan, a mortgage, or credit cards, among other things. But if you have...

What you should know about consumer credit reports - Ping

Consumer credit reports are often used by businesses to help them decide whether to lend money or provide other types of benefits to a particular consumer. Credit bureaus provide credit report information on consumers to interested...

What does a mortgage lender look for on your credit report? - Ping

1. The Number of Open Credit Accounts You Have - Mortgage lenders always evaluate the number of open lines of credit that a mortgage applicant has. They then analyze that information to determine the risk they would face by funding the...

What you need to know about your credit report - Ping

Your credit report is a very important document. In fact, the information contained on your credit report will help determine whether or not you qualify for loans and, if you do qualify, it will help the lending institution determine how...