The existing COVID-19 crisis has brought much more choices to those trying to protect or boost their credit.
Under normal circumstances you may be eligible to one credit that is free each year from all the three reporting bureaus – Experian, Equifax and Transunion. But, Experian recently announced that from now until April 20, 2021, it will be easy to request a weekly free credit history from any among the three credit reporting agencies through AnnualCreditReport.com, without adversely inside your credit rating.
The Coronavirus Aid, Relief, and Economic protection Act puts certain needs on organizations supplying information on your records to credit scoring agencies so that you can reduce steadily the damage done to your rating.
You arrange to defer a payment, make a partial payment, forbear a delinquency, modify a loan or any other type of relief you agreed upon if you are no longer able to pay all of your monthly obligations, your first step is to contact your lender and reach an agreement, called an accommodation, in which. [Read more…]