30 September 2010
With Credit Reports, You’re Guilty Until Proven Innocent
Posted by admin under: Debt Relief Programs; Mortgage Refinancing/Assistance; No Credit Check Unemployed Personal Student Loans; No Faxing Payday Loan; Online Personal Cash Loan; Payday Loan; Same Day Cash; Unemployed No Checking Account; Unemployed No Checking Account Need Cash; cash advance; need cash .
Your credit report includes information about your financial habits, like what credit or loan accounts you have, how much you owe, and if you’ve been paying on time. Your creditors report the information directly to credit bureaus - the companies who create and maintain your credit report. If the creditor says you were late on a payment, the late payment goes straight to your credit report, no questions asked. Since credit bureaus don’t automatically check to make sure the information is right, checking for accuracy is up to you.
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