Category: Credit

You can freeze your credit in a little as one business day via phone or online. If you want to unfreeze it, to allow someone to view it for a loan or other purpose, you simply request, and the bureau must unfreeze it within 1 Hour!

Related Article Title: Credit – Freezing Credit – What is the difference between locking credit, freezing credit and a fraud alert? [NEW MTP – Guide to Freezing Your Credit!] Answer: With all of the credit breaches and identify theft going on, consumers have been on high-alert regarding their credit. Locking, freezing and fraud alerts have […]

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Effective 9-21-2018 you can protect your credit profile by “freezing” it for FREE thanks to the “Economic Growth, Regulatory Relief, and Consumer Protection Act”. When you do this, no one can access your credit without your permission!

Related Article Title: Credit – Freezing Credit – What is the difference between locking credit, freezing credit and a fraud alert? [NEW MTP – Guide to Freezing Your Credit!] Answer: With all of the credit breaches and identify theft going on, consumers have been on high-alert regarding their credit. Locking, freezing and fraud alerts have […]

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Credit – Freezing Credit – What is the difference between locking credit, freezing credit and a fraud alert? [NEW MTP™ – Guide to Freezing Your Credit!]

Answer: With all of the credit breaches and identify theft going on, consumers have been on high-alert regarding their credit. Locking, freezing and fraud alerts have been a huge money maker for credit bureaus as consumers scrambled to find ways to protect their credit.  Depending on the bureau definition of “lock” vs. “freeze” they may […]

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Finance Alert! Credit Bureaus are being required to EXCLUDE certain Judgments & Liens from the Credit Report. They will be required to update borrower’s records over the next year or so.

Rule Synopsis: [tweet-start]Credit Bureaus Forced to Clean Up Their Judgment & Lien Reporting-Consumers Win Big-Contact me for Details![tweet-end] Last month, a story about Equifax, Experian, and TransUnion’s decision to remove some judgment and lien information from consumer credit reports began making its way around the country. That decision comes as a small part of the, […]

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Credit – Copy of Credit Report: Can a Mortgage Broker provide a borrower with a copy of the credit report pulled?

Answer: The FCRA is the governing Act for rules surrounding this topic and this specifically addressed in section 607(c). I cannot speak to the legalese within the actual rule, and you should seek out a legal opinion on what comprises “users” in the 607(c) statements. I would also conclude that 607(c) would only allow this […]

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