Parolees Anonymous Network (PAN)

RESOURCE INFORMATION

GARNISHMENT & CREDIT HISTORY

American Civil Liberties Union (ACLU)

125 Broad Street

New York, NY 10004-2400

 

Phone: 212-549-2500

 

An employer cannot inquire about credit history or financial history without substantiating that it is job-related.  If you have a history of bad credit, you can receive a copy of your credit report from the credit bureau in your home town or from a national credit reporting agency. 

 

A national CRA (Credit Reporting Agency) will send you a free copy of your credit report IF you have been denied credit, employment or insurance within the last 60 days.  Otherwise, they may charge up to $8 (may vary) for a report.

 

Trans Union corporation

P.O. Box 390

Springfield, PA 19065

 

Phone: 800-888-4213

 

 

Experian Information Soluntions, Inc.

P.O. Box 2104

Allen, TX 75013

www.experian.com

Phone: 888-397-3742

 

Equifax Credit Info

P.O. Box 740241

Atalanta, GA. 30374

www.equifax.com

Phone: 800-685-1111

 

Once you have received a copy of your report, check it for errors.  You can challenge the mistakes by explaining the error in writing to the credit reporting agency.  Valid debts can be postponed or cleared by writing to the creditor and explaining your circumstances.  Many creditors will accept small payments as long as they are sent on a regular basis.  Credit agencies don't keep criminal records or release that information.

 

Another way to improve your credit rating is to apply for a secured credit card.  Some major banks are now offering this service to people with troubled credit histories.

 

Your first step is to mail in a cash deposit.  The bank will then issue you a credit card with a charge limit equal to your deposit.  In other words, if you don't pay your bill, the bank will seize your deposit to cover losses.

 

Requirement vary from bank to bank.  Some banks accept any applicant who can come up with the cash deposit.  Others will reward you by converting your card to a regular account if you make reliable payments on a regular basis.  Signet Bank offers cards ranging from $300 to $5,000.  If you don't have $300, they will open a savings account with any amount you can afford to send, and then issue the card when your deposit reaches $300.  Be sure to ask questions to discover any hidden costs or penalties.  And, remember, the reason for obtaining a credit card is to re-establish good credit, not dig yourself further into debt.

 

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