Is a Sham U.S. Bank Account Appearing on Your Credit Report?

Last week, the Consumer Financial Protection Bureau fined U.S. Bank $37.5 million for, among other things, opening customer accounts without permission. According to the Consumer Financial Protection Bureau, U.S. Bank illegally accessed customer credit reports and personal data to open deposit accounts, credit cards, and lines of credit without permission. While U.S.

Why Are There Unknown Aliases On My Background Report And Credit Report?

When you are reviewing your background report and credit report, you should pay close attention to the names that appear at the beginning of those reports. Sometimes, credit bureaus and background reporting companies will include aliases, along with your given name. The inclusion of aliases can lead to significant problems. Credit bureaus

How To Read an Equifax Credit Report

Equifax credit reports often are broken up into ten sections:  Summary, Revolving Accounts, Mortgage Accounts, Installment Accounts, Other Accounts, Consumer Statements, Personal Information, Inquiries, Public Records, and Collections. The Summary section provides an overall view into the credit report without getting into significant detail.  It typically shows the average age of a

A Stranger’s Information is Mixed in Your Experian, Equifax or Transunion Credit Report. Here is What to Do.

YOUR CREDIT REPORTS SHOULD ONLY CONTAIN INFORMATION ABOUT YOU. Your credit reports play a critical role in your financial life.  They contain personal information about your credit activity, financial history, employment history, and other personal information.  Lenders use your credit reports to determine your eligibility for loans, interest rates, utility services, and

What Can Be Done About Tenant Screening Companies Like CIC, CoreLogic SafeRent, Experian, First Advantage, LeasingDesk, And TransUnion Falsely Reporting An Eviction On My Record?

When an eviction shows up on a tenant screening report, it can have devastating consequences.  It oftentimes can mean that a potential landlord is going to deny your application.  But sometimes an eviction shows up in a tenant screening report when the applicant actually has never been evicted.  What then? A federal

Disputing Credit Report Errors With Experian, Equifax, and Trans Union

When Experian, Equifax, or Trans Union report inaccurate information to potential creditors, their errors can have devastating consequences.  Sometimes the potential creditor will raise the interest rate that you must pay because the error makes it look like your credit is worse than it actually is.  And sometimes the potential creditor will