ForumsFinancing Tips

Yes, I also have spent many hours on the phone with the credit card companies (not the credit bureaus)
closing out old credit cards. My wife and I have eliminated many credits cards that mysteriously been
opened and not used. The reps at the credit card companies sound like we are committing a crime
"You want to close out this credit card with such a large line of credit" YES WE DO. Thanks.
When new cards come in the mail,before we shred them, we call and cancel first.
Interesting how life changes, LUCKIEST

You whipped guy.

DomainDiva, the reason the information may show up again is there is a time frame that it must remain on credit reports. If you look at the actual item, you will see that it was disputed by the consumer and the response from the crediter or credit bureau. It should also show an expiration date as to when the item will be removed from your credit report.

As far as the new business credit bureau, we have many ideas that we are working with. Basically, we do not feel a credit bureau should charge to help you build, establish, and re-establish your credit. Disputes are something to be taken seriously in todays world. There is a lot of identity theft going on and items should not be just passed off as "ok." It needs to be logical to that of the business/consumer. We are working on basing it a lot like the business credit bureau in Canada. We are working on the pre-development informational stages, such as gov't regulations, financial institution reporting, fair credit reporting acts, etc. I do not know if we will actually get this off the ground, but it is an idea that may awaken a lot of sleeping giants out there.

CC08