Family Loan and Credit Score Questions...

[Seufari]

I just got my degree and am starting with very little pay. The up side is that I am still living in the college town with roomates and on a college budget.

So I am wanting to get a loan to help consolidate some debt and to help cover some expense as I start my career.

I would like to do a Family Loan to take advantage of lower interest rates but I still want to up my credit score. Is there anyway to combine these two attributes in to one loan?

Also, there was a computer error with my discover card and my payments didn't post for 2 months. I was sent to collections. I told them what happened and that it was there error. They reversed the bad standing, reinstated my original APR and refunded all finance charges I was hit with. I figure that this two months of no payment is now on my credit score. Is there anyway to reverse this since it was Discover Cards error?

 

[Specop 007]

Dispute it.

 

[Seufari]

Originally posted by: Specop 007
Dispute it.

How does one go about that...

 

[MrChad]

Originally posted by: Seufari

Originally posted by: Specop 007
Dispute it.

How does one go about that...

http://www.equifax.com/answers...it-report-errors/en_cp
http://www.transunion.com/corp...al/creditDisputes.page
http://www.experian.com/disputes2/index.html

EDIT: First things first, go to http://www.annualcreditreport.com and get copies of your credit report from all 3 bureaus. You are entitled by law to obtain 1 report from each bureau for free each year. ONLY use the annual credit report link; there are other sites offering "free" credit reports that will sign you up for monitoring and other paid services.

Review your reports, then decide if you need to dispute items.

 

[Seufari]

Originally posted by: MrChad

Originally posted by: Seufari

Originally posted by: Specop 007
Dispute it.

How does one go about that...

http://www.equifax.com/answers...it-report-errors/en_cp
http://www.transunion.com/corp...al/creditDisputes.page
http://www.experian.com/disputes2/index.html

EDIT: First things first, go to http://www.annualcreditreport.com and get copies of your credit report from all 3 bureaus. You are entitled by law to obtain 1 report from each bureau for free each year. ONLY use the annual credit report link; there are other sites offering "free" credit reports that will sign you up for monitoring and other paid services.

Review your reports, then decide if you need to dispute items.

Are those available once per calender year or a year from the previous check?

 

[Seufari]

Also, Are monthly Account Review Inquiries by Discover Card normal?