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Do not touch your credit reports

The way many people do it is:
1) I get bills every year whether or not I read the fine print.
2) I have to pay the bill in full when it comes through the mail.
3) The credit card I get used to when I make purchases has to be cancelled, or corrected.
4) I have to pay all the bill in full before the billing cycle ends.

5) I have to buy again at the end of each billing cycle, unless the situation changes.

If a bill is sent to me and it says “Go to Refund Department” I know that is not going to be an argument, as I knew before I purchased this card that I would have to pay the bill. If a bank or another lending company makes a deal with me that says they will make me pay a fee, that can be an initial negotiation or if the fee is there it is.

6) I have to pay the full amount each month until I pay off that balance.

These are not all of the things you can do.

The first thing you should not do is write down your credit score. This takes practice, as not all of the information on your credit reports is available to anyone else. Also, if you are ever called upon to report a lost or stolen credit report, it is important that you call and report immediately to your credit bureau immediately.

If you see something you want to know have a confidential source come talk to your credit card company that may be able to provide you with a solution to your problem.

Think Credit Scores May Not Be As Good As Others Think

Do you have credit scores? Are your scores representative of the rest of your financial life? Or perhaps you are just curious about how your credit score is determined based on your spending habits? If you are sure you have a good credit score it is very likely that, within the next five years, you will likely need further credit counseling, possibly with the help of a mortgage broker. Can you afford this? Do you really need to find out how many credit counseling fees you will be paying each month?

Let’s look at some of the fees that consumers may be faced with. In many cases, credit score investigation is free. This means that consumers are free to ask for very low scores just to cover the cost of the credit report at the end of the investigation. Credit score inquiry also costs a small fee and an ever-increasing number of people end up paying much more for a credit report than they once would.

According to Fair, Isaac & Co. Consumer Protection Act, debt collection companies and debt management companies are no longer interested in your credit score because there is no evidence that they can collect on you anymore. Instead, they will try to find more debt collectors. The best they can do is let you have one free credit report a year for good behavior.

What are Credit Scores?
Simply put, credit scores are an inquiry of your financial information into a number of variables. These can range anywhere between 300 and 850; the higher the value, the higher your debt. The average score on a credit report is about 620. For most people, however, a score of 850 is probably a good idea. The higher the number, the better. You can get an 800 score, a 900 score, or even an 11,000 credit score.

The Fair and Isaac company states here that their system is foolproof. After opening the main site, selecting “About me” from the drop-down menu, is straightforward. You’re allowed 10 choices, the rest being 850 up to an extremely high number of 800. When they see enough to find a good score (500-895), they delete the associated information and go through the options of that site. Fair Isaac, who claims to be the parent company of credit scores, explain:

The “Index” of our customers’ information is the most important factor in our decisions these days. Each time we make a purchase, our customers receive a unique ID card that uniquely identifies the credit card they use to make those purchases. “What is unique?” the Fair Isaac Agents say. They provide the customers with an answer that may change from time to time. A unique ID card may require a signature, etc. Thus, it is possible that the same information might inadvertently be passed off without our specific authorization.

Okay, so, now you know what a credit score can tell you. Most people with credit cards do have their credit scores high enough to pass up credit services, so to speak (that is the main problem).