U.S. regulators on Tuesday ordered credit reporting agencies TransUnion and Equifax Inc to pay more than .2 million in fines and restitution for deceiving consumers about the usefulness and cost of credit scores they bought. The U.S. Consumer Financial Protection Bureau said the payments also resolve charges that TransUnion and Equifax lured consumers into enrolling in credit services advertised as free or costing only , but which could cost more than 0 a year. TransUnion will reimburse .93 million to consumers and pay a million civil fine, while Equifax will reimburse .8 million and pay a .5 million civil fine.
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UNITED STATE fines TransUnion, Equifax for fraud over credit report (is your credit history right?).
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Http://www.instagram.com/theflywon Hey all! Here are the top ways that I used to increase my credit score during this past year and I hope they will be helpful to you in rebuilding your credit! Please report back if you get any success from using these tips! Here’s to fiscal fitness!!!
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Gerri Detweiler from Credit.com, discusses different ways to help rebuild your credit after financial set backs like job loss, medical issues, divorce, etc.
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You are responsible for your credit report. No one is going to make sure it is accurate for you. Credit.com now offers the free credit report card where you can get clear cut details on what area of your report to focus on in order to improve your credit score.
You can also find some of the products that you can use to build credit if you are just starting out as a young adult, or need to make smart choices about how to bounce back from a rough patch financially. Check out some of the tools they offer at http://www.credit.com/
I really liked what Gerri said about matching you with credit products you are more likely to get approved for based on what your free credit report shows you.
For more tips on how to get out of debt,
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