When retailers report to credit agencies; do they just pick up the phone and call them, or is there more to it
959364
No, there is no charge from a retailer to you to report your credit activities.  (If anyone tries to charge you, tell them to get lost.)\n\nAs a general rule, if you have to supply your social security number to a company in order to obtain credit from them, they will most likely be reporting how well you repay them to one or more of the credit reporting agencies.\n\nHere is an article that will hopefully clear things up for you.\n\nhttp://www.FastLender.com/article/credit-report.aspx\n\nGood luck!\n\n.
731869
This one is called Eufora Credit Builedr Mastercard from Bank First and it reports to the credit bureaus. \n\n\n\nhttp://www.goeufora.com/418121496892
394995
No...but they can get your credit history.
850809
They're like a data bank that stores credit information.  They are not credit granters.  Your lenders report your credit history to them so that other companies can see how you treat credit.  The bureaus only hold the info and release it.
174681
Actually there are two types of Collection Agencies. One actually "buys" the debt from the original creditor. Your credit report will sometimes say "sold to xxx financial". The "sale" or "discount" is determined by what the companies determine as risk and how much they think they can collect.\n\nThe other type is just hired as a service to collect. Service companies get between 5-50% depending on how old the debt how the creditors determine how or if it is collectable.\n\nGood Luck
979721
According to the Fair Credit Reporting Act, they can only call if those type personal calls are allowed.  The next time they call at work, tell them your boss is angry about the disruptions and if they call again you could be fired and they (the creditor) could be sued.\n\nThey won't bother you after that.
485237
Employers can find the same as credit card companies can in a consumer report. They can find all your old addresses, other names you have used, former employers, and what standing your credit is in.
1184395
It depends on what agency he used to pull your credit. Some creditors only report to certain bureaus. maybe they'll report to equifax and not transunion. If could be that the creditors you have may have only reported to two of the three agencys. Highly unlikely but possible. Tell your guy to use CreditPlus. That's who I use. I'm a mortgage guy too. Basically it costs money to report you to the bureaus. so if your creditors are cheap than it may just be that they only reported you to the cheaper bureaus and not all of them. Most credit cards will report you to all three bureaus but some smaller ones will only report you to some.
524054
There two situation when entities can check your credit score:\n\n1. When applying for service with a compny / bank etc.\n2. When the banks / companies buy your personal information and credit score from the credit bureaus.\nBy law(Federal Credit Reporting Act), you can opt-up, that is choose not to have the credit reporting agencies share your personal information with banks and lenders (so that you don't receive credit card offers for example).\n\n\nHope that was useful.
212550
Federal Ttrade Commission: http://www.ftc.gov/bcp/conline/pubs/credit/repair.htm\nOthers:\nhttp://www.creditinfocenter.com/forms/\nhttp://www.americanloansearch.com/info-creditrepair-letters.html\n\nIf you're simply disputing an item on your credit report, it doesn't take much -- the credit agency from whom you got the credit report can tell you what information they want included.  For the most part, if they say you owe something that you don't think you owe, the burden of proof is on them.
1058942
To begin with, never NEVER believe a collection agent.  When they tell you they will notify a credit bureau about your payment, there is NO GUARANTEE the will do so. \n\nWhat you need is for the collection agency to send you IN WRITING an agreement that once you have paid your bill, they will remove any negative information from your report.\n\nThe problem is we are now dealing with other countries, and other laws.  I don't have a clue what laws Irland has concerning credit reporting (they may not even have any!), so without any legal backing that letter can be next to worthless.  \n\nSo before you procede, you need to research the credit reporting laws and see what sort of protections you have.   Otherwise, you are working solely on the work of the creditor, which is not a bright idea.
533997
Yes.  This has happened to me.  I am having a problem right now trying to get some stuff removed from my credit report.  The problem is that there are 3 credit bureaus and they do not share information so you have to contact all three - Experian, Equifax, TransUnion.  Use these sites to get free copies of your reports.\nwww.freecreditreport.com\nwww.annualcreditreport.com
765370
Yes...credit agencies record the number of times your credit report is accessed by lenders in the last 24 months.  Too many of these "inquiries" drop your credit score.  After 24 months, the inquiry is removed from your report.  Accessing your own credit report or inquiries made for auto loans, credit account maintenance, or promotional inquiries aren't counted.
705528
http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre21.htm\n\nThis link will tell you step-by-step the process to dispute an item on your credit report.
43853
You would have to subscribe to the the 3 bureaus to report to them.  Most creditors do, but individuals don't as it is not worth the cost to do so, and you would have to be a legitimate grantor of credit anyways.\n\nIf you want to report someone who didn't pay you, you can sue them, and the judgement (assuming you win) most likely will follow them on their credit report.
13758
Credit reporting agencies are required by law to keep your credit report as accurate as possible.  If there are errors on your credit report you have to write to the credit bureau and request the information be corrected.  If the error is with more than one credit bureau you will have to write to each of them directly to have them investigate the information.  Each of the bureaus keep seperate records so a seperate investigation is required from each bureau.  I suggest writing to the other bureaus (Experian and Equifax) and request they investigate and correct your information.
259485
Without knowing which specific creditor you're inquiring about it there is not going to be a definate answer. From experience GEMB, Juniper, some Citi, & Target generally report the first half of the month. Household bank generally reports about 10 days after the billing period. American Express reports typically one week following the reporting month. As far as you wanting to pay below 40%, why wait until the due date is approaching? Why not submit payment now? Waiting until due date will allow the creditor to report the outstanding balance at payment closing. If you go ahead and pay down then the next report they send to the reporting agencies will be less therefore allowing for less utilization for reporting. Also for what it's worth, FICO is known to prefer utilization to be below 30% not 40%.