The law is very straightforward. The Fair Credit Reporting Act gives all US consumers the right to receive one free report from the credit bureaus every year. The intention is to ensure that everyone understands their financial situation, takes precautions to fight identity theft, and gets (reasonably) fair treatment from all lenders. You have no [...]
Archive for the "personal finance" category
In September 2005, the law passed by Congress finally made it into effect and allowed every person to order one free copy of their credit history a year. Since there are three major credit bureaus – Equifax, Experian and TransUnion – you can order one from each bureau in turn and get a snapshot of [...]
It’s easy to see all the big ticket items and make sacrifices but, more often than not, it’s all the little things that add up to take us over our budgets. So everyone sees the car sitting out front and decides not to trade in or downsize to something cheaper to run. Days may be [...]
In the good old days when money grew on trees, we could all afford most of the things we wanted when we wanted them. With credit like a tap to release a flood of money on demand, the new car and expensive lifestyle were all within reach. All we had to do was keep the [...]
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