Browsing the archives for the History tag
I’ve been using the same credit card (my first and only credit card) for a little over a year now. To avoid paying interest, I’ve been balancing out the card before the billing cycle ends (the 9th of every month). I’ve never owed interest on this card, and thought I was doing really well. A [...]
My Visa card was compromised and the bank sent me another card with new number. Equifax considers this as a new card issued in Dec-2008. While the old card’s history is now zero. Although I had the old card for 3 years. Equifax and bank both playing football and blaming the other. While my credit [...]
There are 100s of firms that provide net terms, but I cannot find any that report payment and credit limits to Dun & Bradstreet on a weekly basis.
When you do something that is detrimental to your credit history, a negative entry will be reported. Such things that can cause you to think, “What happened to my credit score?” can include defaulting on a loan or credit card, missing payments, or making late payments. Such negative entries will impact your score, causing it [...]
another credit card to build up more credit….ok so i have about a year and a half of credit with a charge account with Macys…only a $100 limit on macy and a capital 1 with $300 limit…..and reports are all ok except for one pass 30 day
What is the process/method that they use to send information to the bureaus? I’m guessing there is a software that each lender/bank has and at the end of the night/month..at batch file is transmitted to the CRA…?? Any clues??
