{"id":2602,"date":"2018-09-08T23:37:22","date_gmt":"2018-09-08T23:37:22","guid":{"rendered":"https:\/\/phoenixfreshstartbankruptcy.com\/?p=2602"},"modified":"2022-04-29T08:55:13","modified_gmt":"2022-04-29T08:55:13","slug":"understanding-your-arizona-credit-report","status":"publish","type":"post","link":"https:\/\/phoenixfreshstartbankruptcy.com\/understanding-your-arizona-credit-report\/","title":{"rendered":"Understanding Your Arizona Credit Report"},"content":{"rendered":"<h2><span class=\"ez-toc-section\" id=\"Understanding_Your_Credit_Report\"><\/span>Understanding Your Credit Report<span class=\"ez-toc-section-end\"><\/span><\/h2><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-662c531adbe73\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-662c531adbe73\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/understanding-your-arizona-credit-report\/#Understanding_Your_Credit_Report\" title=\"Understanding Your Credit Report\">Understanding Your Credit Report<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/understanding-your-arizona-credit-report\/#Who_Checks_Your_Credit_in_Arizona\" title=\"Who Checks Your Credit in Arizona\">Who Checks Your Credit in Arizona<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/understanding-your-arizona-credit-report\/#When_Your_Credit_Report_Doesnt_Matter\" title=\"When Your Credit Report Doesn&#8217;t Matter\">When Your Credit Report Doesn&#8217;t Matter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/understanding-your-arizona-credit-report\/#Navigating_Your_Credit_Report\" title=\"Navigating Your Credit Report\">Navigating Your Credit Report<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/understanding-your-arizona-credit-report\/#Predatory_Lenders_and_Your_Credit\" title=\"Predatory Lenders and Your Credit\">Predatory Lenders and Your Credit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/understanding-your-arizona-credit-report\/#Fixing_Your_Credit\" title=\"Fixing Your Credit\">Fixing Your Credit<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/understanding-your-arizona-credit-report\/#Contact_Us\" title=\"Contact Us\">Contact Us<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>The reality is that you can expect that your report will be often be reviewed by a variety of parties under an assortment of circumstances. Most of these potential reviews are not particularly surprising.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_Checks_Your_Credit_in_Arizona\"><\/span>Who Checks Your Credit in Arizona<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Employers and prospective employers in many states, including Arizona, to evaluate you for hiring and promotions. Landlords may access your report in determining whether to rent to you. Utilities can use your report to decide whether to impose a deposit. Creditors can use your score to determine whether to offer credit and to determine the applicable interest rate. Private student loan lenders and PLUS loan lenders use credit scores to determine eligibility. Insurance companies use credit scores to help them determine your rates for car and home insurance policies.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_Your_Credit_Report_Doesnt_Matter\"><\/span>When Your Credit Report Doesn&#8217;t Matter<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>There are many circumstances where your credit report does not come up. Your score is not reviewed for Perkins and Stafford educational loans. It should not be reviewed in court proceeding including child custody or immigration. Similarly, it should not be evaluated in a citizenship application.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Navigating_Your_Credit_Report\"><\/span>Navigating Your Credit Report<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If you do care about your report and your score. Below are some tips for navigating your way through the credit report minefield. The first order of business: Avoid credit repair agencies.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0<\/span><\/p>\n<p>It is always tempting to retain a company to simply \u201cclean up\u201d your credit record, but the reality is no company can get in there with a mop and \u201cclean up\u201d your score for you. These companies are expensive and to date, I have yet to hear of one of them actually being able to fulfill its promises. Similarly, avoid credit monitoring or identity theft protection packages sold by the credit bureaus like the plague. They provide limited value and often come with a teaser rate where you end up overpaying for them.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0<\/span><\/p>\n<p>When you do have delinquent accounts impacting your credit score, the last thing you want is inaccurate entries in your file making matters still worse.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0\u00a0<\/span>Unfortunately, errant entries in credit reports are a pretty commonplace phenomenon. Fortunately, you can take corrective action.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0<\/span><\/p>\n<p>After reviewing your report, you can send a written dispute to each credit bureau that has reported incorrect entries.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0\u00a0<\/span>Under the Fair Credit Reporting Act, the bureau must investigate the entry and correct the mistakes. Even if the credit bureau informs you that they are going to correct the entry, you will want to check in the future to make sure that it doesn\u2019t resurface.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Predatory_Lenders_and_Your_Credit\"><\/span><span class=\"m_6177857731662897555Apple-converted-space\">Predatory Lenders and Your Credit<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Predatory lenders look for Arizonans with bad credit records to take unfair advantage with near usurious credit terms.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0\u00a0<\/span>Do not fall victim. If this is the only option available to you, this is a real warning sign that it is time to seriously consider<a href=\"https:\/\/phoenixfreshstartbankruptcy.com\/chapter-7-bankruptcy-questions-part-one\/\"> filing for bankruptcy<\/a>.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Fixing_Your_Credit\"><\/span><span class=\"m_6177857731662897555Apple-converted-space\">Fixing Your Credit<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In the long run, the most important thing for you to do to <a href=\"https:\/\/phoenixfreshstartbankruptcy.com\/bankruptcy-improve-credit-score\/\">reestablish a good credit rating<\/a> is\u00a0to stabilize your employment, income, and debts.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0\u00a0<\/span>Bankruptcy is often a great tool for making this happen. Changing all of your unsecured debt entries to discharged in bankruptcy gives you the opportunity to <a href=\"https:\/\/phoenixfreshstartbankruptcy.com\/best-phoenix-bankruptcy-attorneys\/free-credit-repair\/\">rebuild from scratch and rebuild quickly<\/a>. The company that our bankruptcy firm has retained states their goal as returning our clients to 720 credit scores within 18 months after a bankruptcy filing by providing actual guidance on what steps to take after <a href=\"https:\/\/phoenixfreshstartbankruptcy.com\/chapter-7\/\">filing bankruptcy<\/a>.<\/p>\n<p>One quick way to rebuild after bankruptcy is getting new credit and paying it back on time.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0\u00a0<\/span>But be careful.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0\u00a0<\/span>You may immediately get multiple credit card offers even though you have just filed bankruptcy, but these offers may be for expensive subprime cards that offer little credit and charge high fees. If you do take one, pay it off in full every month.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0<\/span><\/p>\n<p>You can also get a secured credit card, offered by some banks and other creditors.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0\u00a0<\/span>These cards require that you keep a cash balance and draw down on this amount.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0\u00a0<\/span>This should be viewed solely as a means to an end, getting you into a card with generous rates. Of course, if you decide to get new credit, make sure that the creditor is diligently reporting your progress to at least one credit bureau so that your effort is awarded.<span class=\"m_6177857731662897555Apple-converted-space\">\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Contact_Us\"><\/span>Contact Us<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If your credit score is currently a source of stress please set an appointment with one of our attorneys at Phoenix Fresh Start Bankruptcy Attorneys so that we can explain how bankruptcy might be an effective tool for helping you rebuild credit. We are happy to help.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Understanding Your Credit Report The reality is that you can expect that your report will be often be reviewed by a variety of parties under an assortment of circumstances. Most of these potential reviews are not particularly surprising.\u00a0 Who Checks Your Credit in Arizona Employers and prospective employers in many states, including Arizona, to evaluate you for hiring and promotions. Landlords may access your report in determining whether to rent to you. Utilities can use your report to decide whether [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,562],"tags":[],"_links":{"self":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/2602"}],"collection":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/comments?post=2602"}],"version-history":[{"count":1,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/2602\/revisions"}],"predecessor-version":[{"id":3870,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/2602\/revisions\/3870"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/media\/2206"}],"wp:attachment":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/media?parent=2602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/categories?post=2602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/tags?post=2602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}