TransUnion Dispute

By John Cooper

To dispute an item on your TransUnion credit report you must use the dispute process. This is done by creating and mailing a dispute letter or hiring a service to dispute items on your credit report on your behalf.

Be aware that if you dispute an item with TransUnion you should also dispute that item with Experian and Equifax. You must dispute the same listing with each credit bureau on its own.

In a dispute letter the disputed item must be identified and a reason as to why the item is wrong. For example; not my account, account paid, item is out of date, and etcetera.

Upon receipt of your letter TransUnion will conduct an investigation. They will contact the creditor and ask them to verify the account, the dates, and the balance.

If TransUnion is unable to verify the item then they must remove it from your credit report. It is common for an investigation to result in the removal of an item from your credit report.

If an item is verified then if you have a service they can use advanced dispute techniques to remove it from your report. The techniques include; debt validation, escalated dispute information requests, and creditor direct intervention.

Often people are concerned with the legality of credit repair. This is 100% legal, the Fair Credit Reporting Act which was passed by Congress made it your right to dispute any item on your credit report that you feel is inaccurate.

It is a good decision to save all your communication with TransUnion. The credit bureaus have begun to allow people to dispute items on their credit report online, however we do not suggest you do this. We have found that disputing your report online is ineffective.

Be aware that the 100 word statement that you can place on your credit report is never a good thing to fill out. In the past this is where consumers could provide a brief explanation as to why an account became delinquent.

Today if you fill in this statement then you are only verifying the accuracy of the item. If you try and dispute that item in the future your disputes will be deemed frivolous and ignored.

In sum you can dispute and remove bad credit items on your credit report. You do not have to just live with bad credit.

About the Author:

For a review of Lexington Law a suggested credit repair service or for information about how to remove credit card judgments visit us.

Which Is More Secure: Your Job Or Your Car?

By Susan Tanner

With the economy in its current weak state, security becomes a concern for many Americans. For example, job security reigns as one of the top concerns in a day such as this. But many overlook the importance of car insurance: what everyone needs to ensure secure transportation.

With so many car insurance companies out there, you may ask which one offers the best plan or value for your car. This is the main reason why it pays to get several quotes from different companies on the cost of insuring your car. Compare the rates and then decide which one is best for you.

A low price should not be the only deciding factor in buying insurance. There are a number of items that need to be considered before making your choice. Consider the number of drivers to be insured. What about the drivers' ages? Are there any features on the car that will provide a discount? Will the insurence cover the loan on the car? What coverages and limits of liability should a person have? What are the state-specific requirements for auto insurance?

For a single middle-aged driver, the insurance rate may vary from company to company. But if you want to add other drivers, especially underage drivers, get as many quotes as possible because these variables affect the rates even further. You must be sure to insure all possible drivers of the vehicle.

Some insurance companies offer discounts if the car has air bags, anti-theft devices or even safety belts. While safety belts are pretty standard, don't forget to check with each company to see if having them will lower the rate. Many of the standard features of newer cars will help with the discount, depending on the company doing the quote.

If the car is one that is being bought by a loan, rather than a car that is leased, special attention needs to be focused on the area of accidents. In the event of the car being totalled in an accident, the insurance company needs to cover the remaining amount of the loan. Not all companies will do this, so multiple quote are imperative.

Coverages and limits of liability are relevant to the insurance customer. How much should the deductibles be? What is affordable is a question that each person needs to consider. Also, what does your state require? Some states require that the car insurance cover uninsured motorists. Every state is different. Find out the requirements for yourself. Don't expect the auto insurance company to automatically know.

In short, do your homework. Multiple car insurance quotes will help you get the insurance you need at a price you can afford. Check each company's quote carefully. Compare each quote line item by line item. If it is Allstate that has the best coverage and price, go for it. But until you compare, don't go anywhere. Uninsured is a poor choice when there are so many companies to choose from. Insurance equals automotive security during a time of economic insecurity.

About the Author:

To find out exactly how I got cheap car insurance, visit my website about auto insurance

A Federal Student Loan Provides Funding For College

By William Blake

When many students go to school they do not have the money to pay for their higher education, resulting in the need for loans and grants to pay the tuition, living expenses and associated costs. Many take out a federal student loan or two, or three in order to make ends meet while they also pay for their education.

Federal student loans are good for students because the interest rates that they are charged tend to be quite low. This is because the fixed interest rate is established by the government, who also guarantees the loan, despite the fact that private lenders tend to care for the details of taking out the loan.

Many students who would not be able to get a loan from most traditional lending agencies are able to do so by means of a federal student loan, which makes them quite attractive, as do the government's guarantee and low interest rate.

A grace period of six months is often given to individuals right after they graduate from college during which they do not have to make any payments on their student loans. The government actually pays the interest on subsidized loans during this time period.

Any money the student pays on the loan during the deferment period will be applied to the principal reducing the overall amount due on the loan. At the end of the deferment period, the student will be responsible to make the full payment, including interest on the federal student loan. For non-subsidized loans, interest will begin to accrue immediately upon graduation, added to the total amount of the federal student loan.

Federal Student Loans: Portions Can Be Forgiven

The government is all about helping recent college grads with their federal student loan and there are numerous ways in which a portion of the loans can be forgiven. By volunteering with some organization such as the Peace Corps or VISTA can erase part of the loan balance for every year the graduate volunteers with any of the agencies.

There are also some programs aimed at new teachers that teach in certain locations where a portion of the federal student loan is forgiven based on the time they serve in those schools. For most, a five year stint at one of the schools can erase about 85 percent of the federal student loan debt.

About the Author:

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