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Credit Disputes - Big Three Notify Each Other

When a consumer disputes credit information on his or her credit report, the three major credit bureaus, Experian, formerly TRW, Equifax, and TransUnion, must notify each other of the reinvestigation. In the past, it was the consumer’s responsibility to notify each bureau. As of 1997, credit bureaus are required to use information supplied by […]

Reporting Identity Theft

Report that you may be the victim of identity theft with at least one of the three major credit bureaus — Equifax (www.equifax.com or 800-685-1111), Experian (www.experian.com or 888-397-3742) or TransUnion (www.transunion.com or 800-888-4213). That bureau is required to notify the other two.

Consumer Watchdog organization Household - HSBC Watch says you can visit their […]

FICO Score Plummets When Account Balance Omitted

A recent article reported that one’s FICO score can drop by more than 65 points if your credit card company does not report your limit to the three major credit bureaus. The omission can be costly when you apply for credit. Capital One omits the information. Equally costly, according to Household […]




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