Free Credit Bureau Report

Question by Babystomper: Job info on credit report outdated by six years, is this a problem?
I checked my gratis annual credit report and I found my job they had listed is one I left over six years ago. Does not having your current occupation listed have a negative impact on your credit report/score? If it does should I contact the credit bureau?That is the only problem showing on my report.

Best answer:

Answer by cody c
It’s not needed but I would do it. When creditors look at a dredit application, they like it when the current employment matching the one showing on your credit history.

Add your own answer in the comments!

Budget-witting consumers to use 2012 Reimbursement to better finances and return debt

(PRWEB) March 2, 2012

Consumers are becoming more vigilant about how they spend their tax refunds, according to a recent survey conducted by American Consumer Credit Counseling. A new survey suggests that the ACCC many budget-conscious consumers across the country will use the tax refund this year to help pay debt and bills paraphernalia.

721 consumers surveyed in a recent web poll ACCC, 33 percent said they will use their tax refund for 2012 catch up on bills, while 29 percent will apply the money to repay the debt. Only 3 percent of those surveyed plan on using the refund to buy something for themselves or for their home and not consumers will be using the refund to open or contribute to a retirement account.

Overall, 39 percent of respondents were consumer ConsumerCredit.com the Northeast region, while 25 percent were consumers of the southern part of the country.

“This survey shows that the economic forces at work, as Americans continued to be concerned about finances and debt,” said Steve Trumble, president and CEO of American Counseling credit consumption. “Tax refunds provide consumers a financial opportunity to step in the right direction and the results of this survey show that those who have encountered financial difficulties in the past make better decisions about their financial future.”

The results of the investigation the ACCC Web are following the February release of a report showing Federal Reserve consumer debt is once again on the rise, increasing by nearly $ 3 billion in December 2011 . December marked the fourth consecutive monthly increase spending revolving credit, reversing a decline triggered by the recession.

“Figures released by the Federal Reserve indicate that some consumers are returning back to the spending habited pre-recession,” said Trumble. “It also presented that an increased need for education and resources to help consumers gain better financial management habits.”

, representing the second ACCC’s new Web survey implemented initiative that consumers monthly polls on a variety of education topics, budgeting and financial planning, ranging from holiday spending college planning and credit scores. In celebration of Education Month National Credit election in March will focus on issues related to credit scores and can be found at ConsumerCredit.com.

counselors certified and experienced the ACCC

offer a variety of financial education, counseling and debt management to help consumers achieve long-term health and financial stability. These financial education programs will help consumers better understand and manage their finances. ACCC in 2012 poll tax refund is the second in a series of monthly surveys provided related to the habits of budgeting and spending, to help consumers identify their budget needs. ACCC intends to publish these polls and results on their website and Facebook page.

About Consumer Credit Counseling American
American Consumer Credit Counseling (ACCC) is a nonprofit 501 (c) (3) organization dedicated to empowering consumers to reaching financial health through education, counseling and management debt. ACCC provides individuals with practical solutions for solving financial problems and recognizes that consumers’ financial difficulties are often not the result of poor eating habits, but more often extenuating circumstances beyond their control. As a leading provider of the nation’s financial education and credit counseling services, ACCC works with consumers to help them with the trump plan of action to reduce their debt and regain financial stability. The ACCC is accredited by the Better Business Bureau and holds an A + rating. There is also a member of the Association of Independent Agencies Consumer Credit Counseling. For more information or to access free financial education resources log on to ConsumerCredit.com or visit TalkingCentsBlog.com.

# # #

clear = “all”

© Copyright 1997 -, Vocus PRW Holdings, LLC.Vocus, PRWeb, and son of advertising are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Related Press Office

Question by db: how do I report tenant debt to credit bureau?
I have a judgment from a Michigan court. The tenant is suppose to make monthly payments and missed last month. How do I make sure the judgment is on the former tenants credit report? Should I report the full judgment?

Best answer:

Answer by Melisa C
You need to get a form from the ascribe bureaus to fill out to report the non-payment. It will be pretty self explanatory, but you will list the total judgement amount, and then also the amount the is behind right now.

What do you think? Answer below!

Now More Than Ever Consumers Need to Know Their Rights When Dealing with Debt Collectors – Learn How from American Financial Solutions

American Financial Solutions

Seattle, WA (PRWEB) February 27, 2012

According to an article posted on InsideArm, a news source for accounts receivable management businesses, debt collection agencies are suffering financially (Lunsford, 2012). This is due to having to reduce the rates they charge other businesses to collect debts on their behalf. But for consumers turning to American Financial Solutions for help with bills, this latest news does not garner much sympathy.

“We are seeing and talking to many people who already dealing with reduced wages and an increased cost of dwelling. Diverting money out of their monthly budget for collections is not feasible,” said Becky House, Education Director for American Financial Solutions. “People are being told they cannot make small affordable payments and, in many cases the collection agency is demanding payment in full over the calling.”

According to House, the loss of net income to debt collection agencies may be partly to blame for the increase in the number of demands consumers are receiving on old, outdated and sometimes even false debt. Rules about how long a business has to collect on a debt vary from state to state, but there are ways consumers can socialize and protect themselves.

First, there are two timelines to be aware of when dealing with debt collections. These are how long an item can remain on a credit report and how long a creditor has to take legal action in order to pressure someone to pay.

Debt reporting on an assign report

Information may remain on a credit report for seven years from the date of the last activity. The date of the last activity is generally the last time a payment was made on the account. The seven year clock begins ticking six months after that, provided no more payments were made.

How long a debt can be collected

The time a creditor has to sue someone over a debt varies according to the state in which they reside. If a creditor or collection agency successfully sues over the debt, they can pressuring a consumer to pay by garnishing (taking) wages and still freezing bank accounts. To find out the time limits in your state, contact the state Attorney General’s Office.

Restarting the credit report or debt collection time frame

Collectors can contact someone about a debt that is expired (or too old for effectual action), but they cannot use the sound system to force repayment. It is critical to be aware of the creditor or collection agencies limitations when discussing debts. In some states, making one partial payment may restart the time and allow the collection agency to take legal action or continue to report an item on a credit described.

When an account is sell or turned over to another business to collect, the time frames for remaining on the credit report or for legal action do not freshened.

The Fair Debt Collection Practices Act was created to help protect consumers from unfair, deceptive or abusive acts by debt collectors. Reviewing this law can help consumers understand steps to take when dealing with a debt collector.

If someone is having difficulty repaying debts, considering debt consolidation of collection accounts or having difficulty with a debt collection agency they should contact a non-profit credit counseling agency. Certified credit counselors can help develop debt repayment options and strategies. They can also furnishing best practices when dealing with debt collectors.

Remember, when managing finances, understanding options can save people time, money and stress.

American Financial Solutions (AFS) is a non-profit 501(c)3 financial education and credit counseling agency that helps people find solutions for managing their money and improving their financial lives. Since 1999, AFS has helped individuals across the United States through one-on-one counseling, classes and the use of debt management plans. AFS is a member of the National Foundation for Credit Counseling (NFCC) as well as the Association for Independent Consumer Credit Counseling Agencies (AICCCA). AFS is also accredited by the Council on Accreditation (COA) and has an A+ rating by the Better Business Bureau. Find us and add us on Facebook, Twitter and Google+ .

Lunsford, Patrick. (2012, February 23). The myth of the debt collection boom. InsideArm. Retrieved from forbes.com/sites/insidearm/2012/02/23/the-myth-of-the-debt-collection-boom

©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Find More Credit Bureau Report Press Releases

What You Should Know About Your Free Credit Bureau Score

Article by Rachel Rishul

Related Credit Bureau Report Articles