How Credit Reports and Credit Scores Can Affect Your Buying Power
In fact, something as simple as paying down your credit card balance or correcting erroneous information in your credit report can boost your credit score enough to save you hundreds of dollars each year in interest or other charges.
DID YOU KNOW: Your credit score will be hurt if you're showing high outstanding balances on your credit cards and loans.
ie if you've got a credit card with a $15,000 limit and you owe $14,000 on it, it tells future lenders that you're possibly going to max out and not be able to pay them.
How Credit Reports and Credit Scores Can Affect Your Buying Power: "In fact, something as simple as paying down your credit card balance or correcting erroneous information in your credit report can boost your credit score enough to save you hundreds of dollars each year in interest or other charges."
DID YOU KNOW: Your credit score will be hurt if you're showing high outstanding balances on your credit cards and loans.
ie if you've got a credit card with a $15,000 limit and you owe $14,000 on it, it tells future lenders that you're possibly going to max out and not be able to pay them.
How Credit Reports and Credit Scores Can Affect Your Buying Power: "In fact, something as simple as paying down your credit card balance or correcting erroneous information in your credit report can boost your credit score enough to save you hundreds of dollars each year in interest or other charges."
posted by Monty Loree @ Tuesday, August 16, 2005
2 Comments:
At 11:28 PM, December 22, 2005,
Victim of Identity Theft & Crooked Lawyers said…
CreditReportErrors.info
Speaking out against Credit Reporting Agencies inaccurate Credit History Reports
12 Years of Credit Report Errors
Without Truth and Justice!
Submit Your Credit History Report Errors Stories Below:
http://CreditReportErrors.info
You need to check your credit report, Right Now!
I have been trying for almost 12 years to clear up many erroneous credit problems that
Scotiabank finally admitted their failure in their reporting accuracy to the credit bureau.
These errors consisted of several R9's, I9's, duplicate accounts, extra accounts, inacurrate
debt amounts, unknown inquiries, unapproved inquiries, improper investigations, misleading conversations, untruths in their explainations, stalling to reply and being passed on and on
through several Equifax respresentatives. Not to mention, the several 45+ minutes hold times
during phone calls, and some in the middle of conversations...nobody wanted to talk to me!
Equifax was faulted for not responding for several years to my complaints! This directly
reflected on me with the Royal Bank and CIBC Bank, both calling me a liar and TD Canada Trust had a negative comment about me and the false bad credit history attached to their computer file. The Bank of Nova Scotia and Equifax Incorporation failed to disclose a full accurate investigation.
These two Financial Corporations have stolen my identity for over 12 years and that has
very seriously disrupted my life, my family, my finances, my businesses, my partners, and
my friends. We need (Bill 174 - Consumer Amendments Act) to have much tougher legislation
against the Credit Reporting Agencies and the companies that pay for their service, Financial
Institutions, Retail Credit Industry or any other credit granting institution. This would help us,
the consumer, to protect and prevent errors from stealing our identity and destroying our lives.Legislative Assembly Of Ontario - 10:00am Thursday 7 April 2005
Bill 174 - Consumer Reporting Amendment Act, 2005
I was just told that I...
"Have made a whole lot of enemies. More enemies then I could ever imagine."
WOW, I have had literally, many hundreds of friends and associates,
but, I never knew of a single enemy or anyone disliking me, until now!
The whole financial lending industry hates me.
Well, I am sorry but I just wanted to have the truth!
The defendants forced me into the litigation!
I didn't want to go this far, I wanted honesty!
But, I did go, and I won, and I will win, again!
For almost 12 years, I was forced to prove my innocense
and I did do so, everytime. But, that didn't matter,
I was treated as if I were guilty.
These 2 large financial corporations stole my identity and I will forever feel the affects.
Thank you very so much, Scotia Bank and Equifax...
… A crusade forced upon him almost 12 years ago ...
A fair plead for a complete recovery from both defendant's repeated negligence!
by Robert Neil Clark -> Identity Victim!
At 11:33 PM, December 22, 2005,
Victim of Identity Theft & Crooked Lawyers said…
I Won the Unfair Trial and Lose the True Battle, oh what insanity!
--------------------------------------------------------------------------------
ScotiaBank and Equifax
Got off lucky the first time,
They won't in round #2
The hand-cuffs are off and the gag is out of my mouth and I am telling everything!
My ex-lawyers and their B~S~ can't hold me back no more...
Bring it on you big bad credit bullies, you have dictated my life long enough.
(1) Bank of Nova Scotia mixed the other persons credit history with mine ???
or
(1) Equifax Canada Inc. mixed the other persons credit history with mine ???
then
(3) RBC discovers 1st problem in 1994, Equifax tells me member ID error.
(4) RBC discovers 2nd problem in 1995, Equifax says if wrong they will correct.
(5) CIBC discovers 3rd problem in 1996, CIBC and Equifax do not fix error.
(6) Canada Trust discovers 4th problem in 1998 and talks to Equifax to fix.
(7) CIBC discovers 4th problem still there after Equifax and Canada Trust talk.
(8) CIBC discovers 5th problem Sept 2000, no errors have been corrected yet!
(9) TD Bank has on computer "This account used to have a R9" Nov 2nd 2000
(10) Public Record errors reappear in Nov 2000, after there presence Aug 1996
(11) Tired of Equifax not telling me about Scotia Bank until I found out 1998.
(12) Tired of ScotiaBank not presenting a full investigation of my credit history
(13) Fed up with Scotiabank Presidents Office's lies and no full investigation.
(14) Fed up with Equifax National Consumer Relations for no full investigation.
(15) Fed up and shocked with Scotia Bank Ombudsman for no investigation.
(16) Why Ministry of Consumer and Comericial Relations did no investigation?
(17) Jan 2000, off to a lawyer I go to get the truth and a full investigation.
(18) My lawyer misdirects and STEALS $21k from my 2nd mortgage funds.
(19) 25 months to get to discoveries which my lawyers completely destroyed.
(20) 16 months to get to Pre-Trial and I was discriminated against by judge.
(21) 2 months to get to trial when it started off unfair from minute number 1.
(22) 5 Day trial horror that did not present the entire case as needed to be.
(23) 6 months later I win verdict and awarded 10k and huge financial loss...
(24) My lawyer cons wife and I into signing lawsuit consent against ourselves.
(25) 4 months to cost meeting when I was blamed for case awarded no cost.
(26) I filed an Appeal for this outrageous, unjust and totally unfair bogus trial.
(27) Built website to voice my discrimination--> http://creditreporterrors.info
(28) My lawyer holds 5k in trust fund (?) and won't order the trial transcripts.
(29) FIRED MY LAWYER AFTER LYING, STEALING, CHEATING and DESTROYING.
(30) Filed complaint and investigation started by Law Society of Upper Canada
(31) Filed complaint and investigation started by Canadian Judicial Council.
(32) File for 1st extension on Appeal with no lawyer and for conditions above.
(33) File for 2nd extension on Appeal with no lawyer and for conditions above.
(34) Confused why hollow win of a huge precedent setting case went so bad.
When will be the end of this nightmare...
Read more and voice your own credit horror story here
http://creditreporterrors.info
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