Have You Updated Your Credit Report Recently?

I suspect most of us have heard about the opportunity to obtain a “free”  credit report  from the three major reporting agencies every year allowing each of us to challenge any negative reporting, and then access our report for seven days after. You will be given a special report number – be sure and write it down – and you will need that in order to access any updates. I had one item on mine that was clearly bogus, and I challenged it as being untrue. I received an updated report that indicated it was removed. Credit Score Factors

In addition to checking your payment records, etc., it allows you to check the spelling of your name, any addresses that belong to you, and to correct any incorrect information! I cleaned mine up.

 

I recommend that anyone thinking of purchasing a home take advantage of this annual opportunity. NO ONE wants to be turned down for any kind of loan. This is just one way to be prepared.

Be sure and sign in and get your  free annual credit report here at: Annual Credit Report. Pay attention to the options of paying for any extras. You do not have to – unless, of course you choose to – pay for your FICO score, etc

 


Google Teri Ellis

 


Mesa, Arizona Real Estate. Call me at: 480.382-8711 for information on purchasing or selling a home in Mesa, Arizona or surrounding towns. OR email me: Teri@TeriEllis.com. Feel free to visit my website: HomesAzRE.com, or stop by my blogs at: MesaAzRealEstateVoice and AzLadyInRed!



Comments

Teri, With are with Lifelock and they annually order our free reports for us.  We just received them and everything looked good to go.  By the way my parents just got back to Mesa today. 

Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) almost 8 years ago

Hi Marchel, awesome! A little warm, but we're cooling off. Good to hear from you. I need to show up once in awhile here on the Rain. Going in Monday for the other knee replacement. So glad when I get back to normal, whatever that is. ;-)

Posted by Mesa, Arizona Real Estate Mesa Arizona Realtor, AzLadyInRed (Homes Arizona Real Estate LLC) almost 8 years ago

Good luck, Teri. Doesn't sound like much fun.

Good info on the credit reports. There are so many issues out there. Jsut attended a terrific class on FICO. It's amazing what some folks don't know and understand.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude - Carlsbad (Solutions Real Estate ) almost 8 years ago

Hi there Jeff...that sounds so interesting. There's so much out there to know isn't there? Yep, another one, but that's all I have left to do. ;-)

Posted by Mesa, Arizona Real Estate Mesa Arizona Realtor, AzLadyInRed (Homes Arizona Real Estate LLC) almost 8 years ago

Teri, I will keep you in my prayers.  My Mother had the double knee replacements.  My Dad had partials on both knees.

Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) almost 8 years ago

Hi Teri,

How are you doing today. i just want to introduce myself to you my name is John with ABC Home Inspections. If I can assist you in any home inspections. Please call me.

Thank You,

John with ABC Home Inspections

602-471-7384

www:abchomeinspectionsaz.com

Posted by John Puplava, ABC Home Inspections,L.L.C. (ABC Home Inspections,L.L.C.) almost 8 years ago

I should really check out my report.  I had some false information.. an allergy doctor claimed I owed money for treatments I never received... he was a bad guy and disappeared a couple of years later.   It was impossible to remove this false information from my report and the services would not help. I had to wait for 10 years when it was automatically removed... so unfortunately, it is very difficult to remove false information.  There should be a better mechanism to prevent something like this happening.   My credit was ruined for 10 year over a $400 fraudulent report!

Then it got even worse.. when I tried to refi my condo the lender insisted i pay the $400, but because the Doctor had disappeared I didn't know where to send the check... is this crazy or what.  Finally, the lender said make the check to us and we will find the Dr. and the refi went thru.  Three years later the lender returned the $4000 because the 10 years had run.  T

Posted by Joan Whitebook, Consumer Focused Real Estate Services (BHG The Masiello Group) almost 8 years ago

Thanks Marchel - it's a tough surgery for sure. I appreciate your prayers...:-)

Hi John, welcome to Active Rain....;-)

Joan, so true. We really need to take advantage of the free report every year. ;-)

Posted by Mesa, Arizona Real Estate Mesa Arizona Realtor, AzLadyInRed (Homes Arizona Real Estate LLC) almost 8 years ago

Thanks Teri for the links, with so many allegedly free reports that are connected to paid services it is good your shared the real free ones.

Posted by Larry Lawfer, "I listen for a living." It's all about you. (YourStories Realty Group) almost 8 years ago

Larry, you're welcome. I use the same free one every year....;-)

Posted by Mesa, Arizona Real Estate Mesa Arizona Realtor, AzLadyInRed (Homes Arizona Real Estate LLC) almost 8 years ago

Teri  Thank you for the reminder and the best of luck to you with the knee

Posted by Karen Kruschka, - "My Experience Isn't Expensive - It's PRICELESS" (RE/MAX Executives) almost 8 years ago

This is one of those things most people do not think about untill its time to apply for a loan.  Take me for example, I was a private banker, underwriter and now a broker for the last 9 years.  I just bought a house and when I applied one of my loans had reported me late 9 times.  This only slowed the loan until I could get the mistake removed from my credit.  Good advice above.

Thanks for the post

Joey Remondino

Posted by Joey Remondino, Broker, GRI, E-Pro (RE/MAX Preferred Properties) almost 8 years ago

Hello Terri,

 I hope you are doing well!  Your knee replacement was a while ago now and I am hoping that you are moving around well or at least moving around some.  : )

Regarding the credit report-yep I'll need to be ordering mine!   Havesnt seen it for a couple of years so its past time.  Thanks for the remnder.

Have an awesome day!  Thinking of you....hope you are somewhere fun!

 

Posted by Sylvie Dolley, CHMS, ePRO, SFR Phoenix Arizona Real Estate 602-32 (ESSENTIAL PROPERTIES, INC ) almost 8 years ago

Hi Sylvie, actually just had my second knee replacement October 18th, so I'm still on the mend. Good to hear from you. Hope all is well.

Posted by Mesa, Arizona Real Estate Mesa Arizona Realtor, AzLadyInRed (Homes Arizona Real Estate LLC) almost 8 years ago

Hi Teri - It is always a good idea to review your credit report regularly to ensure that the information is correct.

Posted by FN LN almost 8 years ago

When a broker, agent, REALTOR is holding a deposit, the deal does not get to the imitation wood long closing table with all the chairs and pens. Holding a deposit that is a hot potato the buyer and seller are duking it out over. Small claims court judge gets it off dead center and you the broker named in a judgment take a 100 point credit point hit. Stays on there 7 years. Two years to get it removed as you explain hey, not me personally Trans Union...it's my job as intermediary.  Have that happen a few times and not a barrle of laughs.

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) over 7 years ago

Excellent post! Great credit report information's! 79% of all credit report has inaccuracy!

Thanks for sharing,

Adam

Posted by Adam Malachi, QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR (A 2 Z Realty LLC) over 7 years ago

Excellent post! Great credit report information's! 79% of all credit report has inaccuracy!

Thanks for sharing,

Adam

Posted by Adam Malachi, QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR (A 2 Z Realty LLC) over 7 years ago

Something everyone needs to do annually.  I reblogged this one.

Posted by Ann Dail, Broker/Realtor,CRS, ePRO, SRS, B.A.Chem (Baton Rouge Area Homes, Louisiana, USA, 225-761-0551) over 7 years ago

Teri I hope you had a lovely Christmas and I wish you a Happy, Healthy and Prosperous 2011.  We certainly miss you on Active Rain

Posted by Karen Kruschka, - "My Experience Isn't Expensive - It's PRICELESS" (RE/MAX Executives) over 7 years ago

This blog does not allow anonymous comments