It is true though, that hard inquiries have much less of an impact on business scores than they do on personal, the threshold for «excessive» inquiries are much less
with consumer credit profiles.
It has been our experience and for many reasons that the majority of creditors and the credit reporting agencies themselves have had much difficulty following proper Federal procedure either in handling and / or submitting a negative account to be placed on
a consumers credit profile.
Your income is not directly reported to the three credit bureaus Experian, Equifax and TransUnion said Wayne Sanford, a credit advisor who has analyzed more than 11,000
consumer credit profiles and author of «The Real World on Credit.»
«With RentTrack, they'll be able to offer their residents the ability to build their credit by incorporating their rent payments into
their consumer credit profile.»
Collection agencies usually update
the consumers credit profile to show the debt owed.
Establishing
a consumer credit profile can be done in just six months, with a single line of credit.