Archive for March, 2013

Want A Car? Keep Your Credit Report Clear – Says Wesbank

De Kock of Wesbank says that one of main reasons vehicle applications are declined is because of the applicant’s credit report.

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Avoiding Homeloan Declines

However, Botha says, most consumers have little idea of how to get a credit report, how to evaluate it and how to go about repairing any damage, which is the rationale for their joint initiative with LUCID.

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Credit Report Errors: 40 Million Americans Hurt by Mistakes

The error rate of credit reports will remain high, as long as these bureaus lack an incentive to clear these errors.
Wu’s advice to consumers: “If you do have an error, get an attorney. That’s the only time the credit bureaus take your seriously.”

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