Credit Report

  • How Much Certain Things Will Affect My Credit Score

    • July 29, 2016
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments

    This is probably the biggest question we get in the credit reporting industry, “how much will (blank) affect my credit score?” You can fill in the blank with inquiry, opening a new account, closing an account, having a late payment, etc. The list goes on and on. The truth is there is not a set

    read more

  • A Little Help

    • July 14, 2016
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments

    Effective June 15, 2016 some consumers will start to see a little relief on their credit report as it pertains to certain collections that will now no longer be able to be reported. These are debts that “did not arise from a contract or agreement to pay.” This would include library fines, parking tickets, speeding

    read more

  • How Public Records End Up on a Credit Report

    • May 16, 2016
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments

    There are three kinds of public records that can appear on credit reports: Bankruptcy Chapter 13 and Chapter 7, state and federal tax liens and civil judgments. However unlike creditors who are data furnishers like credit cards, mortgage companies, etc., courts do not, in most cases, actually furnish the information directly to the credit bureaus.

    read more

  • Why Doesn’t a Mortgage Show on a Credit Report After Bankruptcy?

    • March 3, 2016
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments

    There’s no doubt that having a mortgage on your credit report can be a big help to your credit scores. However if you file bankruptcy you may notice that your mortgage is no longer reporting or at least no longer reporting your monthly payments. This is even if you have continued to make payments on

    read more

  • Advantage Credit Introduces Rapid Rent Reporting

    • September 14, 2015
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: Press Releases
    No Comments

    Evergreen, Colo., September 14, 2015 – One way that Advantage Credit, Inc. remains on the cutting-edge of credit reporting is by continually striving to provide the most effective tools and applications. The latest endeavor is to introduce Rapid Rent Reporting, which allows the reporting of a consumer’s rental payment history as a traditional credit report

    read more

  • Length of Time Items Stay on a Credit Report

    • August 21, 2015
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments

    How long do items stay on a credit report? A lot of people will answer that question with a simple: “seven years.” In some cases this is true. Overall though, it’s not that simple. Both positive and negative items have a “life span” and those are not all the same. Let’s start with something simple.

    read more

  • New Options for Disputes on Your Credit Report

    • March 6, 2014
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments

    A Presentation of the Did You Know Series Experian, Equifax and Trans Union have added a new function to their dispute handling system that makes explaining or providing proof of your dispute a bit easier. You can now upload, fax or mail any supporting documents you may have concerning your dispute. Prior to this the

    read more

  • Handling Accounts That Are Shown as Disputed on the Credit Report

    • February 6, 2014
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments

    When an account on a credit report has a dispute remark on it, an automated underwriting system (AUS) will pick up that remark and show it as a “refer” or an “ineligible”. Per Fannie Mae guidelines, the remark must be removed at the bureau level in order to run the report through the AUS. If

    read more